Core Insights - SHEIN has invested nearly 30 million yuan in technological innovation and lean construction in the first half of the year, conducting over 250 training sessions and continuing its public welfare projects such as "Juxingguang" and "Children's Home" [1][2] - The company launched a "Five-Year 500 Million Yuan" supplier empowerment plan in the first half of 2023, which has helped garment factories upgrade tens of thousands of square meters of facilities over the past two years, with a total investment of nearly 300 million yuan [1][2] Investment in Supplier Development - SHEIN has provided comprehensive training support to suppliers, covering management, business, and technical aspects, with nearly 1,400 training sessions conducted in over two years, benefiting over 10,000 participants in the first half of this year alone [1][2] - The overall defect rate of products from suppliers with SHEIN-certified quality inspectors is 30% lower [1] Factory Upgrades and Efficiency - As the scale of cooperative suppliers expands, SHEIN has invested over 60 million yuan to assist more than 200 factories in upgrading 520,000 square meters of facilities, benefiting over 33,000 people [2] - The company has also helped suppliers upgrade nearly 14,000 square meters of canteens, dormitories, and multifunctional rooms, promoting lean production and 5S standards to reduce waste and costs [2] Public Welfare Initiatives - In the first half of the year, SHEIN's public welfare projects provided support to 96 families (including 228 students) and offered childcare services to over 20,000 children [2] - By the end of June, SHEIN had invested over 10 million yuan in these public welfare projects, with the "Juxingguang" program supporting 740 families (including 1,557 students) and 30 "Children's Home" facilities serving over 76,000 people [2]