Summary of duties

Set was founded in Hong Kong in 1983, mainly engaged in OEM clothing manufacturing services, specializing in the production of pajamas and household casual clothing products. Integrated vertical integration services, including raw material production and grey fabric production, product development, it may involve providing advice on product design and cloth use, using its own production facilities to carry out the main clothing production process and carrying out quantity control in all major production stages and finished clothing products. The collection company provides one-stop clothing solution to customers, including cloth development, product development, raw material production, clothing production, quantity control and logistics management. For the three years ended December 2018 and the five months ended May 2019, the revenue from the sale of pajama products accounted for about 80.5%, 78.4%, 71.6% and 66.2% of the total revenue. The revenue from the sale of household casual clothes products accounted for about 16.9%, 17.8%, 25.4% and 31.7% of the total revenue. Due to the impact of quarterly fluctuations, the revenue generated by the sale of products to customers in winter is usually very high. The collection mainly sells pajamas and household casual clothes to customers of clothing retail brands located in the United States, Britain, Canada, Spain and Canada, as well as grey cloth to other third-party clothing manufacturers based in China. The collection company has several production facilities, that is, rental housing in Cambodia and private property in Henan, which started production in 2011 and 2014 respectively.

Thank you very much.

Vertical integration is integrated into an one-stop clothing solution provider.

Set up long-term relationship with most service retail brand customers

Strong design and cloth development ability

Negative factor

During the business license period, customers will be collected as customers.

Obligations, business statements and business operations may be adversely affected by Sino-American trade, global trade policy and trade protection measures.

The use of the money successfully derived from the ability to collect customers and sell their manufactured products.

About 74.2% is used for the construction of cloth production facilities through the construction of a cotton mill in Henan Province as a vertical planning.

About 22.7% will be used to set up a new coat in Vietnam.

About 3.1% is used for general financial assistance.