Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction Bailong Oriental Co., Ltd. is a foreign-invested joint-stock enterprise that integrates research and development, production, and sales of color spun yarn. The actual controller of the enterprise began to engage in the production and operation of color spun yarn in 1989. After more than 20 years of development, Bailong has become one of the world-renowned color spun yarn manufacturing enterprises and was listed on the main board of the Shanghai Stock Exchange on June 12, 2012, with the stock code and abbreviation of "601339 Bailong Oriental". Bailong focuses on operating various types of colored spun yarn, emphasizing deep brand development and product innovation, especially the research and promotion of green and environmentally friendly products. After more than 20 years of accumulation, Blum has launched over 5000 color codes for color spinning, covering almost all popular colors, and has released a total of 73 sets of popular color card collections; Color spun yarn products sell well worldwide and are important partners for numerous domestic and foreign brands. Advantages of Blum products: Blum's leading product, color spinning, is a fully mixed spinning of two or more colored fibers, which creates a unique color mixing effect on the fabric. Using only 1/3 of water to complete 100% of the product is a forward-looking reflection of the characteristics of green and environmentally friendly products. In recent years, with the promotion and gradual improvement of the EcoFRESHYarn series of eco-friendly products developed through long-term cooperation between Blum and Dow Chemical in the United States, it has subversively led the development of color spinning technology towards a more convenient, environmentally friendly, and more in line with the supply side reform and adjustment of the "13th Five Year Plan" textile industry. Brand advantages of Blum: BROS high-end colored spinning yarn is an independent brand launched by Blum. It was recognized as a famous trade name in Zhejiang Province in 2012 and as a well-known trademark in China in 2013; Received the "Best Ecological and Environmental Protection Technology Application Award" and the "Sustainable Textile Product Development - Excellent Energy Efficiency Award" in the first China Ecological and Environmental Protection Fabric Design Award Competition in 2015. In 2015, after a joint evaluation by the China Brand Building Promotion Association, China Asset Appraisal Association, China Central Television, China Council for the Promotion of International Trade, and China Textile Industry Federation, BROS reached a Chinese brand value evaluation of 3.396 billion yuan. Market advantage of Blum: For over 20 years, the company has always ensured that its business strategy is close to the market and meets customer needs with keen insight. The "One Thread High Quality Strategy" runs through the entire process, and is committed to the research and innovation of "high-quality ecological and environmental protection textiles" keeping up with the times. With the operation characteristics of "small batch, multiple varieties, and fast delivery", the brand value of BROS has been continuously improved. The energy released has not only won the trust of customers, but also become an important core element of Blum's lean development. Bailong's scale advantage: Bailong Oriental Co., Ltd., registered in Ningbo, Zhejiang, is the headquarters of Bailong, with a total capital of 1.5 billion shares and a total assets of 11.105 billion yuan; The annual production of colored spun yarn exceeds 165000 tons, with 17 holding subsidiaries covering Zhejiang, Jiangsu, Shandong, Hebei, Guangdong, Hong Kong, Macau and other places. It has also set up a modern production base with a scale of 500000 spindles in Xining, Vietnam. The continuously optimized industrial layout has enhanced the sustainable development potential of the enterprise and maintained the competitiveness of China's cotton textile industry as a leading enterprise for several years. In 2016, Blum established a strategic transformation guiding ideology of "balancing transformation and upgrading with equal emphasis on quality and service", and solidly implemented the "going global" strategy. While completing the investment, construction, and production of a large modern production base in Vietnam, through a series of combined measures such as accelerating technological upgrading, deepening fine management, and focusing on energy conservation and emission reduction, as of the third quarter, despite the overall downturn in the industry, the enterprise has achieved double-digit growth in production capacity, sales volume, and net profit, and has continued to integrate the industrial chain, internationalize the process, and collaborate on innovation Good performance has been achieved in various aspects such as public participation, creating the possibility for continuously improving the quality of sustainable development of enterprises and better fulfilling their social responsibilities.
Headquarter Ningbo
Establish Date 4/29/2004
Listed Code 601339.SH
Listed Date 6/12/2012
Chairman Yang Weixin.
CEO Yang Yong.
Website www.bros.com.cn

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