Shandong Ruyi Woolen Garment Group Co., Ltd
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 | Shandong Ruyi Wool Textile Clothing Group Co., Ltd. (referred to as the "Company") was formerly known as Jining Wool Textile Factory established in 1972; In December 1993, it was restructured into a limited liability company; Listed on the Shenzhen Stock Exchange in December 2007; In 2016, the company utilized a portion of its non-public offering of stocks to raise funds and included assets related to clothing business under its umbrella. Subsequently, the company comprehensively integrated its assets and formed an enterprise group. The company has now become a large-scale textile and clothing group that integrates the design, production, and sales of worsted fabrics and clothing. 1、 The company has been focusing on the operation of worsted fabrics for many years, leading the high-end field of the industry with its core expertise in technical textiles. In 2016 alone, the company won the titles of "Demonstration Unit for Quality Management in Textile Industry", "exemplary organization for Training National Textile Fabric Designers", "National Research Center for Fashion Trends of Men's Fine Wool Textile Fabrics", "National Development Base for Fine Wool Textile Products", etc. Related party Ruyi Investment ranked first in the 2015-2016 China Textile and Clothing Enterprise Competitiveness Top 500 list and holds a pivotal position in the industry. The affiliated party Ruyi Technology Group has won honors such as the China Industrial Award, the China Excellent Industrial Design Award Gold Award, and the National Industrial Design Center in 2016. It has become the only enterprise in the Chinese textile and clothing industry that has won national level Grand Slam awards in the Chinese industrial field. 2、 The company currently has a registered capital of 260 million yuan and total assets of 4.4 billion yuan. It has two wholly-owned subsidiaries (Xinjiang Jiahe Wool Textile Co., Ltd. and Tai'an Ruyi Technology Fashion Industry Co., Ltd.) and one controlling subsidiary (Wenzhou Zhuangji Clothing Co., Ltd.), with over 3800 employees. 3、 The company has established a comprehensive quality management system and environmental management system. It passed the IS09001 quality management system certification in 1996 and the IS014001 environmental management system certification in 2002. The company adheres to the "high-end positioning and high-quality strategy", positioning its product quality standards at the international first-class level. During the production process, it adopts the world's strictest standards such as IWS, JIS, AATCC, AST, KS, and ISO. The product quality is highly recognized by customers, and world-renowned luxury brands such as ARMANI, ZEGNIA, BOSS have designated the company as its fabric production base, occupying the high-end market globally. The company also attaches great importance to the construction of corporate social responsibility. In 2006, as a leading enterprise in the industry, the company was recommended as one of the first ten pilot enterprises of the China Textile Enterprise Social Responsibility Management System (CSC9000T) by the China Textile Industry Association. The company established and improved its social responsibility management system, strengthened employee rights protection, strengthened communication with various stakeholders, shouldered the responsibility of protecting the environment and energy conservation and emission reduction, promoted social development through production and operation, and achieved good social responsibility performance. In December 2006, it became one of the first CSC900T executing enterprises and is a representative of self-discipline and sustainable development in Chinese textile enterprises. 4、 The corporate spirit and development strategy of the company are rooted in the rich cultural soil with a long history. The core concept of the company is "seeking truth from strictness, sincerity, and goodness". Ruyi adheres to the spiritual pursuit of "morality, quality, and excellence". While pursuing perfection and excellence, the company also emphasizes interpersonal harmony, transforming the cohesion of the team into first-class products, designs, and services. Relying on the driving force of corporate culture, successful planning, the cohesion of corporate spirit, and the wisdom, perseverance, and courage derived from this spirit, we have achieved today's success. In the future, the company will continue to firmly adhere to the overall principle of "high-end positioning, boutique strategy", implement the "two transformations" from industrial thinking to Internet thinking, and manufacturers to technology clothing service providers, return to the essence of products, reshape commercial value, drive action transformation with thinking transformation, promote rapid breakthroughs in the upgrading project of "Internet plus+personalized customization+intelligent manufacturing", and continue to improve profitability. Focusing on "technologization, high-end, branding, and internationalization", based on technological textiles and relying on technological innovation, the company will be built into a fashion original enterprise driven by product development, a technology intensive enterprise centered on technological innovation, a quality leading enterprise guaranteed by product quality, and a brand reputation enterprise with the purpose of service satisfaction, achieving the goal of "creating an international first-class brand and becoming an international first-class enterprise". 5、 The company currently has a complete set of production lines for wool worsted, woven, and dyed fabrics with an annual output of 16 million meters. The leading product "Ruyi" brand worsted fabrics has over 2000 varieties, nearly 10000 designs and colors, and more than 40 products fill the domestic gap, reaching the international advanced level.The company has always adhered to the road of scientific and technological innovation. The company has established a complete set of technological innovation system. Under the national technology center system, there are Ruyi Technology Research Institute, Ruyi Postdoctoral Workstation, Ruyi Academician Workstation, and Mount Taishan scholar posts in Shandong Province, which respectively undertake the functions of technological reserve, technological research and development, and project implementation. The company has invested a large amount of manpower, material resources, and financial resources to support various technological innovations and the transformation of achievements. The company also collaborates on creative design with the Royal College of Arts and the Hong Kong Polytechnic University, new material research with the University of Deakin, "New Wool Processing Technology and Quality Prediction System" with the Commonwealth Academy of Sciences of Australia (CSIRO), and functional clothing research with the Australian Wool Innovation Organization (AWI). Cooperate in basic research and integrated innovation with universities or institutions such as Wuhan Textile University (formerly Wuhan University of Science and Technology), Xi'an University of Engineering, Donghua University, Tianjin University of Technology, Beijing Institute of Fashion, and Textile Academy in China. Years of technological innovation have yielded fruitful results. The company currently holds over 80 patents in various fields. Ruyi products won the National Silver Award in 1984, the National Gold Award in 1989, and the Second Prize in National Science and Technology Progress in 2001 for "Sirofil Dual Component Spinning Technology and Its Series Products". The product won the title of "Chinese Popular Fabric" in the 22nd edition. In February 2009, the company was the first to obtain the qualification to participate in the French PV Exhibition (France's First Visual Fabric Exhibition), winning the right to release global textile fabric trends for Chinese textile fabric enterprises for the first time. The acquisition of this qualification is a major transformation of the Chinese textile industry on the international textile stage and the highest recognition of the Chinese textile industry. The internationally original "Efficient Short Process Embedded Composite Spinning Technology" ("Ruyi Spinning") has set world records for 500 yarns in wool and cotton spinning. It is a revolutionary breakthrough in traditional spinning technology and theory, and has played a huge driving role in the structural adjustment, technological progress, and product upgrading of China's textile industry. It is a milestone revolutionary achievement in the development history of China's textile industry. This technology has won the first prize of the National Science and Technology Progress Award in 2009, which is the only first prize of the National Science and Technology Progress Award in the woolen textile industry in the past 60 years since the founding of the People's Republic of China. If the wish lies in virtue, then virtue will govern the world. If virtue becomes a great tool, then the world will be satisfied. The company will continue to seize the development opportunities brought by the sustained and rapid growth of the national economy, comprehensively promote technological innovation and brand building, rely on technological progress, strive to improve independent innovation capabilities, become a leader in China's textile and clothing related industries, and create an international first-class fashion industry group. |
| Headquarter | Jining |
| Establish Date | 12/28/1993 |
| Listed Code | 002193.SZ |
| Listed Date | 12/7/2007 |
| Chairman | Qiu Chenran. |
| CEO | Meng Xia. |
| Website | www.shandongruyi.com |
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