Last Year, 84 Million Of Jialin Jie Of UNIQLO Order, Signed 100 Million Yuan Contract For Garment Processing With Hubei Enterprises.

? ? Shanghai Jialin Jie textile Limited by Share Ltd (hereinafter referred to as "Jialin Jie") issued a notice recently that the global epidemic is still spreading. Overseas market demand for protective clothing such as isolating clothing and medical caps has increased rapidly. According to the situation of signed and potential customers, the company's wholly-owned subsidiary, Shanghai Jialin Jie Textile Technology Co., Ltd. (hereinafter referred to as "textile technology") We intend to further improve the supply capability through external cooperation.

In April 28th, textile technology signed a strategic cooperation agreement with Hubei Jialin Jie Garments Co., Ltd. (hereinafter referred to as "Jialin Jie dress" of Hubei), and the two sides established strategic cooperative relationship with the production and processing business of isolation clothing in epidemic prevention products. Under the premise that Hubei Jialin Jie clothing related products meet the requirements of customers and obtain the customer's agreement, textile technology intends to entrust some products or parts of Hubei to Jialin Jie garments for production and processing, and pay the processing fees accordingly.

Hubei Jialin Jie clothing has the production qualification required for the production of isolation clothing in China. It is the "three batch" key enterprise in the production of the new crown virus epidemic prevention material in Hubei province. Its quarantine clothing product has obtained the CE Certificate (No.: 5C2003311R.HCA0D71), and currently has the production capacity of isolation clothing about 50000 pieces / day. The agreement is valid for one year, and the two sides will cooperate within a range of not more than one hundred million yuan. If the processing fee is more than RMB 100 million yuan due to business needs, the two parties will sign another agreement on the excess part.

Jia Linjie said that through this strategic cooperation, on the one hand, it will help the company to ensure that the contract is fulfilled and delivered on schedule, in order to support the global fight against the new crown pneumonia epidemic. On the other hand, it will significantly improve the company's ability to receive orders, so as to better meet the needs of more potential overseas orders and achieve better business performance.

According to public information, Jialin Jie was listed in 2010. It is a local high end knitted fabric manufacturer. It provides functional fabrics and clothing products for many internationally famous outdoor sports brands. Since its inception, the company has adhered to the competitive strategy of differentiation, high-end and quality, providing customers with quality service in weaving, dyeing, and garment industry chain.

? In 2019, Jialin Jie continued to increase investment in production technology upgrading and fabric technology research and development, and actively expanded innovative business and optimized resource allocation. The annual operating income was 1 billion 5 million yuan, an increase of 14.36% compared with the same period last year, mainly due to the growth of domestic sales revenue. The company realized operating profit of 24 million 620 thousand and 400 yuan, an increase of 442.50% compared with the same period last year, mainly due to its revenue. Gross profit increase and financial cost reduction brought about by the increase in growth; net profit loss attributable to shareholders of listed companies is 17 million 340 thousand and 900 yuan, a decrease of 198.65% compared with the same period last year, mainly due to the accounting treatment of assets transfer during the reporting period.

At the end of the reporting period, the total assets of Jialin Jie were 1 billion 100 million yuan, 0.98% lower than the beginning of the year, and the net assets attributable to shareholders of listed companies were 921 million yuan, 2.92% lower than the beginning of the year.

During the reporting period, Jialin Jie continued to focus on maintaining long-term cooperation with ICEBREAKER, the world famous brands such as POLARTEC (MILLKEN group), UNIQLO and Kathmandu. The adjustment of customer strategy accelerates the development of new products, shortens the cycle of product development, provides more choices for customers, ensures the quality of orders, improves production efficiency and punctuality rate, and improves customer service concentration and satisfaction.

? During the reporting period, Jialin Jie focuses on the development and production of functional fabrics. The main products include products of pile fabrics, weft knitted wool fabrics and sports functional fabrics, and further processing some fabrics according to customer needs and selling them to customers in the form of ready-made garments. On the other hand, Jialin Jie continues to develop and expand its own clothing brand SuperNatural. Superior nature, and develop sales channels, so that self brand clothing regional market sales to maintain a relatively fast growth momentum.

In 2020, in the direction of customer orientation development, Jia Linjie will continue to implement a big customer strategy to speed up the development of new products, provide customers with more choices, ensure the quality of orders, and improve production efficiency, so as to improve customer satisfaction at various levels. Focus on maintaining and increasing long-term cooperation with ICEBREAKER, POLARTEC, UNIQLO, Kathmandu and other world-renowned brands.

At the same time, with the spread of the global epidemic, the demand for protective products in the overseas market has increased rapidly. Jialin Jie and textile technology will continue to produce and sell protective clothing such as isolating clothing and medical caps on the basis of the existing medical qualifications, technology and production capacity. In addition, Jialin Jie has also established a controlling subsidiary, Beijing Yi Qian technology limited liability company and Hengshui Jinhong Technology Co., Ltd., in preparation for developing other personal health protection products related businesses.

In addition, Jialin Jie will make full use of its own platform advantages, strive to develop the strategic entity industry supported by the state, unswervingly continue to promote asset acquisition, optimize the company's business structure, create new profit growth points, enhance the core competitiveness of enterprises, and achieve long-term stable and rapid development of the company.