Ruyi Starts The Launch Of Lycra To Create A Global Fiber Technology Giant

Recently, Shandong Ruyi science and Technology Group Co., Ltd. held the launching ceremony of the kailuchuang board of the Leica group in Jining headquarters, and hired the domestic head broker, Huatai United Securities and XinDa securities as the sponsor and underwriter of the Leica group's innovation board, and invited Beijing Richful Cci Capital Ltd to be the general Consultant of the project. At this point, the Lycra group landed on the capital market and entered a substantive stage of operation.

As the Pearl of the crown in the field of global fiber and new materials, the Lycra group produces innovative fibers and provides advanced technology solutions for the costumes and materials industry. It has a rich brand fiber family, including the world-renowned high-end LYCRA spandex, special pet cool and refreshing COOLMAX series, thermal THERMOLITE THERMOLITE series, main elastic T400, and special nylon SUPPLEX, TACTEL and other fibers. Leica's R & D capability is mainly reflected in the following aspects: first, the excellent R & D system: Leica has 45 world top researchers and 178 R & D engineers in the world's 5 independent R & D laboratories, and has maintained tens of millions of dollars in R & D investment every year; two is the number of leading patents: the Leica group has more than 2700 well-known trademarks and 1400 patents, the number of patents accounts for 1/3 of the total number of patents in the industry; three is a notable R & D result: the annual revenue of Lycra is more than 7 billion 500 million yuan, the annual sales of Lycra fiber brand clothing exceeds 1 billion, and more than 60% sales come from new products developed in recent years, and the output of LYCRA series high-end fibers is maintained at an annual rate of near 60%.

Lycra management agrees that the development concept and industrial chain advantages of Ruyi technology will help promote the differential development of Lycra fiber business and complement each other to achieve mutual benefit and win-win results. In the most tense time of Sino US trade war, the US Foreign Investment Commission (CFIUS) finally passed the transaction, which is based on the respect and recognition of Ruiqi technology to the huge intellectual property value of Lycra group. Ruyi technology finally invested $2 billion 600 million in its revenues. Laikat's absolute leading market share, world-renowned brand cluster, strong R & D capability, rapid iteration of new fiber products and continued growth of profit level will further consolidate the foundation of Ruyi technological innovation.

In addition, China is a large traditional textile country, and the textile industry chain is perfect. New products based on new fibers and industrial chain research and development will be able to achieve large-scale production in a short time, which can make up for the gap in the production capacity of Lycra. At the same time, China is also a large country of fiber consumption, and has a strong demand for high-end textile and clothing and new fiber products. The huge market can play a fission effect on the accommodation of new products, and large-scale production can quickly form a new profit growth point.

To this end, Ruyi science and technology plans to invest in the construction of new fiber material industry park in Jining high tech Zone, and will lay the latest research achievements of Lycra, such as new generation of thermal fiber, cool fiber, T400 and other new fibers, and create a new profit growth point to boost Shandong's new and old energy conversion and industrial structure adjustment and upgrading. At the same time, Leica technology is revamping the existing capacity plan, transforming the existing 60 thousand tons of ordinary spandex into the middle end of Yinchuan, and transforming the existing 7000 tons of ordinary spandex in Jining into the high-end Lycra fiber production capacity to make up for the market demand for high-end spandex.

Ruyi technology, known as the world's light luxury brand holding group, owns nearly 30 world fashion brands, including France, Britain and Japan, and has 6000 stores in 81 countries and regions around the world. These include the SMCP listed on the pan European exchange in France, the RENOWN listed on the main board of Japan, the Hongkong listed Li bang and so on, which have achieved the global layout and have become the most influential Chinese enterprises in the global fashion industry.

Ruyi technology has urged Leica to list on the science and technology innovation board. It aims to create a new scientific and technological material plate represented by Leica. It takes the SMCP and Li bang as the representative fashion brands, takes the intelligent manufacturing sector represented by the assets of Shandong, Ningxia, Xinjiang, Pakistan and other areas, giving full play to the synergy effect of the industrial chain upstream and downstream, and constantly accumulating high-quality assets to allocate capital markets, thus forming a new pattern of boosting the three pillars of Ruyi technology development.