Shenzhou International Group Holdings Limited

Summary

Founded on June 3, 2005 and headquartered in Hong Kong, Shenzhou International Group Holdings Limited engages in the manufacture and sale of knitwear. The Group provides customised fabrics, dyeing, finishing, printing, embroidery, cutting and sewing in addition to packaging and logistic services.

History

Chinese company Shenzhou International Group Holdings Limited, engaged in the manufacture, supply chain management and sale of knitwear, specializes in the production and export of high-quality knitted  t-shirts, polo shirts, sweaters and other apparel. Founded in 1995, and headquartered in Zhejiang Province, China, it has grown over the years to become one of the largest vertically integrated knitwear manufacturers in the world.  The company operates a comprehensive production network with the production base in the Ningbo Economic and Technological Development Zone,  the fabric base in Xining Province, Vietnam, and is strategically located in Anqing City in Central China, Ho Chi Minh City and Xining City in Vietnam Additionally, there are garment factories in the province and Phnom Penh, Cambodia, and sales or representative offices in Shanghai, Hong Kong and Osaka.

The Group employs more than 90,000 people worldwide, with an annual output of more than 200,000 tons of high-end knitted fabrics and an estimated 500 million pieces of knitwear. To facilitate this, the team built solid partnerships with domestic and foreign clientele, including customers of renowned sports and leisure- wear brands. The main markets include mainland China, Japan and European and America. Interestingly, the diversified development of products, customers and markets reduces the Group’s operating risks and enhances its competitiveness. Shenzhou International Group Holdings Limited has also established long-term partnerships with globally recognized brands and retailers, serving as a key supplier to companies such as Nike, Adidas and Uniqlo. Emphasis on product quality, efficient supply chain management, and technological innovation contributed to its success in attracting and retaining prestigious clients.

In addition to production and supply chain management, Shenzhou International Group Holdings Limited also invests in research and development, staying at the forefront of technological advancements in the fashion industry. The Group has laboratories to monitor production processes and is also responsible for the development of new products and analysis of the effectiveness of new technologies or new equipment. In addition, the team studies the latest market information and strives to develop new fabrics and designs that meet individual needs of the Group’s customers. This has led to the development of new products since 2003, including Lycra series of elastic fabrics; thermal fabrics of ultra-fine acrylic and ultra-fine polyester; knitted imitation fabrics such as velvet, polyester fiber, imitation wool, imitation linen and imitation leather; functional sports fabrics; environmentally friendly fabrics; and health-care fabrics. In addition to cooperating with raw material suppliers to develop new products, the Group’s research and development team has been conducting research in order to improve the quality and production technology of these products. Every year, the company develops an estimated 25-35 independent research and development projects, develops more than 1,000 new products, develops more than 1,200 joint projects with customers, and has two national and municipal major innovation research and development projects.

So it doesn’t come as a surprise that Shenzhou International Group Holdings Limited has applied for an estimated 584 patents, including 173 invention patents and 411 utility models. In terms of new product control, the company has formulated a series of eighty corporate standards that are higher than the national standards. And, in addition to developing new products, the Group is also committed to improving its own process technology to enhance production efficiency, optimise production technology, reduce raw material consumption rate and waste water discharge rate, and rationally utilize resources.

As a publicly listed company traded on the Hong Kong Stock Exchange under the ticker symbol “2313.”, Shenzhou International Group Holdings Limited has consistently delivered a strong financial performance, with a steady revenue growth and robust profitability. Ma Jianrong, who joined as a factory worker, is the Chairman of Shenzhou International Group Holdings Limited and ranked #39 in Forbes China Rich List 2016. With him at the helm, the company observes a rigorous quality control system, efficient management mode and diligent workforce, and continues to expand its worldwide presence as a leading player in the knitwear manufacturing industry.

Vision

To inspire and delight their customers worldwide with exceptional quality knitwear while maintaining a strong commitment to social and environmental responsibility.

Mission Statement

To be a global leader in the knitwear industry, delivering innovative and high-quality products to customers. The company strives to create value for stakeholders by focusing on excellence in design, production and distribution. Through continuous research and development, Shenzhou International Group aims to stay at the forefront of trends, providing customers with stylish and sustainable solutions that enhance their lives. By embracing technological advancements and maintaining strong partnerships, the team seeks to drive growth, profitability, and long-term sustainability for the company shareholders.

Key Team

Jianrong Ma, Executive Chairman; Guanlin Huang, Chief Executive Officer, Group General Manager, Executive Director

Products and Services

Knitwear

Awards and Recognition

In 2022, Shenzhou International won the “Top 100 Manufacturing Enterprises in Zhejiang Province” award and was also listed in Forbes’ Global 2000.

References

1. Shenzhou Intl Group Holdings Ltd on Reuters
2. Forbes profiles Shenzhou International Group Holdings/
3. Financial statistics of Shenzhou Into Holdings on Yahoo
4. Wikipedia page of Founder Chairman Ma_Jianrong
5. Shenzhou International holdings featured in Investing.com
6. Forbes profiles Ma Jiarong
7. Quality and Innovation
8. Shenzhou International won the “Top 100 Manufacturing Enterprises in Zhejiang Province” award.
9. Wikipedia page on Shenzhou Into Holdings
10. Official LinkedIn page