Gelonghui, May 22丨Jiaxin Silk (002404.SZ) recently said during a survey by institutional investors that the trend of the clothing supply chain is shifting to Southeast Asia and that the trend of globalization is an opportunity for leading companies in the industry. The company has greater capital, talent and management advantages compared to small and medium-sized enterprises in the industry in terms of overseas production capacity layout. The company began overseas supply chain layout in Cambodia, Myanmar and other places in 2019, and adopted the “build nest and guide the phoenix” strategy to promote the company's overseas factories to customers. The Cambodian garment production base to be put into operation this year will increase production capacity by 6 million pieces. The target annual production capacity of the Cambodian base can reach 10 million pieces, and the future production capacity will account for 40%. Furthermore, the company adopted a “borrowing eggs” strategy to develop designated outsourced factories in Cambodia and other Southeast Asian regions, which can further absorb incremental orders.