Comprehensive Overview

The Group is a one-stop solution provider for bridesmaid dresses, wedding dresses and special occasions. The group mainly sells products to American fashion brands. In addition to manufacturing products for customers, the Group also forms part of clients' business operations, providing diversified value-added services, including trend analysis, product design and development, raw material procurement, design and development, production, quality assurance and inventory management. The Group provides customers with opinions on innovative design and material selection, and uses the Group's industry knowledge and market information to jointly develop products with customers. According to Ipsos reports, in terms of revenue, the group was the largest bridesmaid dress manufacturer in China in 2017, with a market share of 2.9%.

Risk Factors

After the Group delivers a large number of products to customers located in the US and Europe, they can sell these products all over the world. Sales to group customers may be affected by adverse changes and developments in global trade policies and trade protection measures, such as the implementation of new trade gates, boycotts and other measures that the group cannot control. Also, the group relies on a number of major customers, but they generally do not sign long-term contracts with customers.