The Sales Revenue Of Mutual Textile Fabrics Is Reduced By About 400 Million To 450 Million Yuan.

01382-HK announced that temporary production and production gaps lasting 3 weeks before resuming production would have a temporary impact on the overall production level. Compared with the original production plan before the Lunar New Year holidays, the estimated sales revenue will be reduced by about 400 million to 450 million yuan.

Following the resumption of the factory in Panyu, Guangdong on the 12 th of this month, workers gradually returned to their original jobs. As the number of resumed workers has increased, the production level of the factory has increased from 40% (February 14th) to 80% above the original production level (February 25th).

Mutual textiles is estimated to have a temporary impact on business. It has taken the expansion of the customer base business strategy, namely, cooperation with sports brand exploration business to further improve the utilization ratio of Panyu plant and expand the scale of Vietnam's production by setting up a new production base in Nam Dinh, Vietnam. The group will also maintain the existing dividend policy to provide long-term returns to shareholders.