Jiansheng Group (603558) released the 2018 semi-annual report on the evening of August 6. During the reporting period, the company achieved a total operating income of 757 million yuan, a year-on-year increase of 64.47%; the net profit attributable to shareholders of listed companies was 110 million yuan, an increase of 69.89%.

During the reporting period, the company consolidated and developed the export market and actively developed new customers. The European market in the sales region has grown steadily, with Australia and the Americas showing rapid growth. In terms of seamless underwear, the customer structure is relatively stable, and the company tries to develop domestic B-end market customers on the basis of satisfying existing customers. At present, both the socks and the seamless underwear have more orders, and the production is relatively saturated.

The Minsheng Securities Research Report shows that the company actively extends the industrial chain, establishes the raw material and auxiliary material production factory for hosiery products, and is equipped with auxiliary production processes such as embroidery, plastic molding and auxiliary decoration, and carries out printing and dyeing projects in China and Vietnam to solve the bottleneck of dyeing. The improvement of the industrial chain helps to ensure the quality and delivery of the products. At present, the company is gradually exploring the domestic market, and has established its own brand such as JASANHOME, which organizes R&D, design, production and external sales, and its performance is expected to continue to grow.