002003WeixingSZSE

Zhejiang Weixing Industrial Development Co., Ltd.

伟星股份

002003

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryTextile Garments and Clothing
ListedJune 25, 2004
Websitewww.weixing.cn
IR Email002003@weixing.cn
Phone(+86)0576-85125002
AddressNo. 8, Qianjiang South Road, Linhai, Zhejiang

Company Profile

After more than 30 years of development, the Company has become a leading enterprise in China's garment accessories industry, forming a strong comprehensive competitive advantage in R&D and technology, intelligent manufacturing and enterprise scale, marketing and service, brand and quality, corporate culture and management team. 1. R&D and technological advantages. Adhering to the mission of achieving the great cause in accessories, the Company actively practices the concept of sustainable development, vigorously promotes technological innovation and upgrading, continuously learns the trend of accessories, and provides clients with customized integrated accessories solutions. In recent years, the Company has focused on the three R&D directions of resource recycling, returning to nature and green manufacturing, and made significant breakthroughs in the fields of green products such as recyclable, degradable and bio-based accessories and green manufacturing technology. The Company now has provincial enterprise research institutes, CNAS laboratories, and postdoctoral workstations. It has set up design centers and technology R&D centers in Shanghai, Shenzhen and other places respectively. The Company has edited and co-edited 15 national and industry standards, and has 1,677 patents at home and abroad. The multi-level and professional R&D mode and strong R&D strength can meet the personalized needs of different clients. 2. Intelligent manufacturing and scale advantages. Taking the intelligent manufacturer as the goal and digital transformation as the opportunity, the Company comprehensively promotes standardized production, intelligent equipment, and digital management, to build an industrial collaboration platform and lead the world in digital and intelligent manufacturing. The Company has ten production bases,It is the largest and most complete garment accessories enterprise in China. The efficient and flexible intelligent manufacturing of the Company can better interact with the upstream and downstream of the industrial chain, providing fast and high-quality product support for clothing brand. 3. Marketing and Service Advantages. In the Chinese market, the Company has set up more than 50 sales subsidiaries, branches and offices with key provinces and cities of the clothing distribution centers as the center. In the global market, focused on the source markets of Europe and the United States and the garment processing areas represented by Southeast Asia, the Company has built an international marketing and service system covering more than 50 countries and regions around the world. The perfect marketing network and strong service system provide a professional and high-quality one-stop (whole-process) guarantee for global clients, effectively promote the benign interaction between the Company and the market, and continuously improve client satisfaction. 4. Brand and quality advantages. With the vision of becoming a "global and innovative kingdom of fashionable accessories", the Company adheres to the core brand concept of professionalism, leadership and transcendent, always focuses on continuous improvement of quality, and insists on product empowerment and brand value improvement. Its brand, SAB, enjoys a high reputation in the industry and has become a strategic partner of many well-known clothing brands around the world. 5. Corporate culture and management team advantages. With the core value of sustainable development, the business philosophy of pursuing progress while ensuring stability, and more than 40 years of cultural accumulation, the Company has trained an excellent team with rich experience in operation and management. The management team is diligent, pragmatic, upright and innovative, with a strong capability to study and evaluate industry trends and an excellent teamwork concept, promoting the long-term sustainable and healthy development of the Company. With the joint efforts of Weixing Shares' all employees, the Company has been widely recognized by society and has successively won many honors such as National Intellectual Property Demonstration Enterprise, Top 100 Enterprises in China Light Industry, Top 100 Enterprises in China Garment Industry, Top 10 Enterprises of Hardware Industry in China Light Industries and Advanced Entity for Digital Transformation of China's Light Industry. Its products have been listed in the demonstration projects of the National Torch Program many times.

Full description

Founded in Linhai, Zhejiang Province in 1988, Zhejiang Weixing Industrial Development Co., Ltd. (hereinafter referred to as "the Company") specializes in the R&D, manufacturing and sales of various medium-to-high-end clothing and bag accessories, which is a leading enterprise in China's garment accessories industry targeting the global market. The Company is a vice president unit of the Button Branch of China Daily Sundries Industry Association, an executive vice president unit of the Zipper Branch of China National Hardware Association, a major drafter of China's button and zipper industry standards and the first listed company in China's button and zipper industry. The Company is mainly engaged in buttons, zippers, metal products, plastic products, webbing, ropes, signs and other clothing and bag accessories. The products can be widely used in clothing, shoes and hats, bags and suitcases, home textiles, and outdoor and sporting goods. At present, the Company's products are mainly used in various mid-to-high-end clothing around the world. The Company provides various customized accessories, which are non-standardized consumer goods. The Company adopts a daily operation mode of production based on orders, and the products are sold to global clothing brands and garment factories through sales branches/subsidiaries, offices and other branches as well as comprehensive trading companies.

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