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Why is the annual report of Hongxing not pre-covered?
Hong Xing's annual report hasn't been previewed yet: there are problems within the company.

The China Securities Regulatory Commission stipulates that listed companies must regularly disclose their operations to protect the interests of investors.

Otherwise, listed companies suffer serious losses, and investors still buy company shares without knowing it, which is extremely unfair to insiders.

Guangdong Hongxing Industrial Co., Ltd. (Hongxing) was established in 2004, which is an enterprise specializing in the research, development, production and sales of household clothing and underwear.

The company is a leading enterprise in China's household clothing industry, providing consumers with household clothing products through entities, platform e-commerce, social e-commerce and other different channels. Fenteng brand was founded in 1997, and won the recognition of "Guangdong Famous Trademark", "Guangdong Famous Brand Product" and "National Key Brand of Clothing (Underwear Industry)" by AQSIQ. The company always insists on the innovation and development of independent brands as the driving force. Eliminate the homogenization competition of products in the market and reduce the in-phase wrestling of product structure. On the basis of the improvement of living environment and the change of consumer demand and consumption habits caused by economic development, we will continuously increase R&D investment and funds in the front end of products, innovate and empower, start the idea of brand operation and service, build a multi-level and multi-dimensional brand building, and enhance the competitiveness and brand influence of enterprises.

Up to now, we have built brands such as "Fenteng", "Marensa", "Fenteng Kean" and "Thousand String Art".