Shandong Is The Biggest Home Textile Enterprise In The World. 70 Xiao Maochang Later Became Chairman Of The Company

The Limited by Share Ltd, which is the first meeting of the seventh board of directors in May 27th, elected Mr. Xiao Maochang as chairman of the seventh board of directors for a term of three years, counting from the date of board of directors.

Public information shows that Xiao Maochang was born in September 1979, Han nationality, university undergraduate, assistant engineer. Originally engaged in the construction of Kobelco Japan construction machinery for 8 years, in 2010, she entered the office of Fu Rui motor, and served as general manager in 2014. In May 27th, she became chairman of Limited by Share Ltd.

Earlier in the evening of May 11th, Fu sun shares disclosed the notice of reply to the Shenzhen Stock Exchange's letter of concern. "In May 8th, the company disclosed the notice of change in the controlling shareholder. After the transfer of the company's control rights, the original management team will not change, and it will not affect the normal production and operation of the company." The government of Gaomi City decided to set up a strategic development committee of the group, and was appointed chairman of the committee by Sun Rigui, the current chairman of the company.

Public information shows that Sun Rigui was born in March 1955. He served as the director and deputy director of the Weifang electric machinery factory, the Secretary and director of the Gaomi towel factory Party branch, the director, general manager and Secretary of the Party committee of Shandong Jie Yu Textile Co., Ltd., Shandong Jieyu textile Limited by Share Ltd director and Secretary of the Party committee.

First textile net reporter visited the November 2006 prospectus of the prospectus for the first time public offering of shares, and was informed that Sun Rigui was appointed director and deputy director of the Weifang electric plant in September 1975 to February 1987. He was appointed secretary and director of the Gaomi towel factory in February 1987 - August 1999. He was the chairman, general manager and Secretary of the Shandong Jie Yu Textile Co., Ltd. in August 1999 August 1999. From February 2002 to June 2002, he was the chairman and Secretary of the Shandong Jieyu textile Limited by Share Ltd. From June 2002 to February 2005, he served as chairman of the first board of directors of the home textile Limited by Share Ltd, and has since been chairman of the board of directors of the company.

Sun Rigui's first day was founded in 1987. It was originally a weaving workshop of an electrical machinery factory in Gaomi Town. The initial capital was only about 300000 yuan, and 33 workers, 10 broken tile houses and 8 old looms were all at that time. After years of continuous development, Fu sun shares has become a comprehensive enterprise group that integrates domestic and foreign trade, real estate, thermoelectric and motor industries as a leading industry.

We have established a complete production chain of home textiles from product R & D, spinning, weaving, printing, dyeing, finishing, packaging and logistics to Global trade. Since 1999, it has been the first place in China's home textile industry for nearly 20 years. It is the largest and largest export enterprise in China. It is also one of the largest household textile companies in the world.

The export market of the Japan stock market, which covers Japan, Europe and the United States, the Middle East and Russia, has strong bargaining power and discourse power in the market, and is a well-known brand enterprise in the world's home textile industry. At the same time, the company is also rare on the basis of obtaining export lead and developing domestic market well. The company currently owns three brands, VU, Jieyu, and Se Wei, which are targeting high-end, middle and high end and middle and low end markets. Among them, the market share of the two brands of "Fu Tian" and "Jie Yu" is third and fourth of the domestic towel market.

The results showed that in 2019, VSI shares achieved a total revenue of 5 billion 73 million yuan, a year-on-year decrease of 1.89%, and a net profit of 551 million yuan attributable to shareholders of listed companies, an increase of 26.82% over the same period, a total profit of 759 million yuan and a profit of 775 million yuan, representing an increase of 33.98% and 36.14% respectively over the same period.

In the first quarter of 2020, VSI shares achieved a profit of 1 billion 164 million yuan, down 6.28% compared to the same period last year. Net profit attributable to shareholders of listed companies was 95 million 702 thousand and 100 yuan, down 29.29% compared with the same period last year. As at the end of the reporting period, the total assets of VSI group were 8 billion 634 million yuan, down 4.93% compared with the beginning of the year, and the net assets attributable to the shareholders of listed companies were 3 billion 860 million yuan, up 2.54% from the beginning of the year.