Warmly celebrate Wuxi Jinmao's listing as one of the "Top 100 Enterprises in China's Clothing Industry in 2022"

On July 31, 2023, the China Clothing Association officially released the list of "Top 100 Enterprises in the Clothing Industry in 2022". Wuxi Jinmao Foreign Trade Co., Ltd. was awarded the 2022 Top 100 Enterprises in China's Clothing Industry with "Operating Income", ranking 38th.

According to the principle of "member participation and voluntary declaration", after preliminary review and recommendation by local clothing associations (merchants), the China Clothing Association verifies and sorts the three indicators of the declared enterprises' "operating revenue", "total profit", and "operating revenue profit margin". In the end, a total of 130 enterprises in China were listed on the 2022 "Top 100" list of Chinese clothing enterprises, including 39 in Jiangsu, 24 in Zhejiang, 18 in Shandong, 12 in Beijing, 6 in Guangdong, 5 in Fujian, Shanghai, and Sichuan, 4 in Hunan, 3 in Liaoning, 2 in Hebei, Henan, Shanxi, and 1 in Hubei, Anhui, and Chongqing.

In 2022, due to factors such as the disturbance of the epidemic, weakened market demand, and high fluctuations in raw material prices, the pressure on corporate profits has increased. Faced with the enormous impact and test brought about by changes in the domestic and international economic environment, Wuxi Jinmao Company has overcome a series of difficulties and pressures. Centering on the business philosophy of "technology, fashion, and green", it adheres to innovation driven collaborative development. By promoting digital transformation and upgrading, the annual total import and export industry has exceeded 400 million US dollars, achieving high-quality development of the enterprise. At the same time, it ranked 41st among the top 100 "operating income" enterprises in the Chinese clothing industry in the past year, an increase of 3 places, demonstrating the development resilience of Wuxi Jinmao.