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Overview of Ningbo Peiluocheng Group Co., Ltd.

Ningbo Peiluocheng Group Co., Ltd. is a well-known modern large-scale enterprise group in China. It is dominated by the original clothing industry and also develops the printing service industry. It is a national large-scale second-tier enterprise that invests and operates multiple projects and is one of the top 200 companies in the country. Apparel enterprise and one of the top ten trustworthy enterprises in the country, with AAA credit rating for many years.

Peluocheng Group was founded in 1984. It is currently headquartered in Yinzhou Investment and Entrepreneurship Center, Ningbo City, Zhejiang Province, covering an area of ??180,000 square meters, a construction area of ??160,000 square meters, net assets of 870 million yuan, and 4,500 employees. There are more than 400 professionals, with an annual output of 2.5 million men's suit sets, and sales revenue in 2008 exceeding 1.6 billion.

Peluocheng is a well-known trademark in China and one of the top ten famous brands of professional attire in China. It is the first company in the Chinese market to coordinate the clothing industry with the concept of business clothing, and is famous for its professional production of suits and professional wear. Peiluocheng Group has always advocated the distinctive brand personality of "classic suits, modern business". It is currently the pioneer and leader of domestic clothing companies serving the field of modern business suits with classic suit craftsmanship and gold medal pure production, providing business elites with Clothing concepts that are in line with the spirit of the times and industry style.

Peluocheng Group has become China's largest professional clothing production base and has successfully provided services to national agencies such as: the Ministry of Public Security, the Supreme People's Court, China Customs, China Maritime Safety, China Entry-Exit Inspection and Quarantine Bureau, Water Conservancy Ministry of Agriculture and Forestry; national enterprise groups such as: China COSCO, China Telecom, China Mobile, China Post, China Netcom, China Eastern Airlines, International Airlines, China Southern Airlines, Hainan Airlines, Air Macau, Bank of China, Industrial and Commercial Bank of China, China Construction Bank, The Agricultural Bank of China, Sinopec, etc. have provided Peiluocheng with sincere service, and have become designated production units for many large institutions and group enterprises.

It has established more than 20 sales branches and 150 professional service sales stores in the Chinese market. It implements professional customization and full-process market retail models to form a complete high-end garment customization service system. It is currently the clothing company in China that has the largest number of "tailor-made" customers for classic suits, the longest operating time, and the most complete service system (remote/full face-to-face tailoring services). It has also become the country's first "tailor-made", customized brand suit and professional Excellent brand of clothing.

At the same time, a special investment of 40 million yuan was made to introduce the world's top production equipment and build a high-quality suit customization assembly line. And ensure the personalization of suit wearing. On the basis of the original "single quantity and single cutting", "batch single cutting" has been realized, which improves production efficiency. The specially established professional wear research and development center seeks greater space in the new development of business wear and maintains the leading brand image in the domestic professional wear field. Moreover, Perrochen clothing is also exported to the Netherlands, Italy, Canada, the United States, Japan and other countries in Western Europe, North America, and Southeast Asia.

PerroCheng Group, in addition to the basic clothing industry, has strategized and used strategic investment as a new starting point to form fruitful investment results in printing, investment, finance, property, international trade and other industries. Cheng Group already owns a number of real estate, commercial real estate and large-scale properties in the city. It is located in the Tianyi Square business district of Ningbo City’s commercial center and stands a 10,000-square-meter commercial building, Peiluocheng Building. It is actively seeking industrial expansion in the country and has already Invested and established a new clothing manufacturing base covering an area of ??nearly 1,000 acres in Jiujiang, Jiangxi Province - Jiujiang Yinghuang Garment Co., Ltd.

The group has jurisdiction over Ningbo Free Trade Zone Peiluocheng Industrial Co., Ltd., Ningbo Peiluocheng Investment Development Co., Ltd., Ningbo Zhuoyang Printing Co., Ltd., Ningbo Hongxin Professional Wear Technology R&D Co., Ltd., and Sino-foreign joint venture Ningbo Zhuoyang Jinxiang Clothing Co., Ltd. owns shares in Yinzhou Bank (the first rural credit cooperative in China to be converted into a joint-stock bank) and became one of the major shareholders.