Manufacturing 9.8 million pieces of protective clothing for the country! The strongest textile giant Jihua Group netted tens of millions in the first half of the year.

Release time:

2020-08-31

Jihua Group Co., Ltd. (hereinafter referred to as "Jihua Group") recently released its financial report for the first half of 2020. During the reporting period, the company achieved operating income of 7.164 billion billion yuan, a year-on-year decrease of 28.88; net profit attributable to shareholders of listed companies was 10.512 million billion yuan, A year-on-year decrease of 42.24; realized basic earnings per share of 0.002 yuan, a year-on-year decrease of 50%.

Jihua Group explained that during the reporting period, the reason for the change in the company's operating income was that the company continued to promote the implementation of the strategic plan focusing on the main business and highlighting the industry, actively adjusted the product structure, and further reduced the scale of trade business with low gross profit margin. Trade and other business income decreased by 2.665 billion yuan compared with the same period last year.

With the outbreak of the epidemic, the Jihua Group organized its enterprises to urgently switch to medical protective clothing, with a peak of 152800 pieces per day. After the domestic epidemic stabilized, the company continued to produce medical protective clothing to supply foreign markets. As of June 30, the company has produced about 9.8 million pieces of protective clothing.

Jihua Group is mainly engaged in the research and development, production and sales of professional clothing, professional shoes and boots, leather shoes, textile printing and dyeing, protective equipment and other products, and carries out business logistics business focusing on domestic and international trade. expand the business service business based on the International Garden project.

At present, the core business of Jihua Group is professional clothing, professional shoes and boots, leather shoes, textile printing and dyeing, protective equipment business, products are mainly for the military market and civilian market. In the military market, the company is the core supplier of military supplies for the Chinese army and armed police forces. It is China's strongest and largest military supplies, professional clothing, professional footwear research and development and production base, with military supplies (including clothing, shoes, hats, Accessories, etc.) About 60% of the market share. In terms of the civilian product market, the company occupies about 10% of the uniform market in the unified dress department of the state, such as fire control, public security, justice, procuratorate, court, industry and commerce, taxation, railway, transportation, etc., and occupies a certain share in the market of tooling, industry uniform and labor insurance equipment of central enterprises, large and medium-sized enterprises.

Donghua University has researched nano-fiber membrane, which is waterproof, breathable and thermally conductive.

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