Souyute’s stock has been falling. The company’s current operating conditions are normal and it has not been delisted. For relevant information about the company, please refer to the information designated by the company in the China Securities Regulatory Commission.
1. Group Introduction
Soyute Group Co., Ltd. was registered and established in Dongguan Administration for Industry and Commerce on December 5, 2005. The legal representative is Ma Hong. The company's business scope includes sales and online sales of clothing, shoes and hats, knitted textiles, leather products, and medical supplies.
On September 1, 2019, the 2019 China's Top 500 Service Enterprises list was released in Jinan, with Souyute Group Co., Ltd. ranking 249th.
Souyute Group was founded in Dongguan City, Guangdong Province, China in December 2005. In November 2010, Souyute Group Co., Ltd. was listed on the Shenzhen Stock Exchange. The securities abbreviation: Souyute, Securities Code: 002503.
Souyute was founded in December 2005 and owns the famous domestic youth casual wear brand "Trend Frontline". In November 2010, it became the 8th listed company in Dongguan City. The company currently has a registered capital of 3.0925 billion yuan, more than 2,500 employees, and nearly 2,000 "Frontline" brand clothing stores across the country.
At the beginning of Souyute’s establishment, it changed the traditional development model of “build a factory first, build a store later, and then create a brand”. It completely abandoned the production and processing links, dispatched all products outsourced, and focused on R&D and design. , brand management and market construction, etc., occupy the high-end links of the industry, effectively integrate the upstream and downstream resources of the industry, and embark on a scientific development path of high added value, low energy consumption, and sustainability. The "Trend Frontline" clothing brand has been rated as "Top 500 Chinese Brands", "Guangdong Province Famous Brand Products", "Guangdong Province Famous Trademarks", etc., and has been hailed as a "miracle" by the Chinese textile and clothing industry.