Group 1 - Hunan Yicheng Zipper Co., Ltd. has been established with a registered capital of 2 million RMB [1] - The legal representative of the company is Gu Meng [1] - The business scope includes manufacturing and sales of metal chains and other metal products, plastic products, bags, clothing, and accessories [1]

Core Viewpoint - YKK, a Japanese zipper manufacturing company, has established itself as a global leader in the zipper market through vertical integration, innovation, and strategic global expansion [3][4][9]. Group 1: Company Overview - YKK, founded in 1934, is the largest zipper and fastener manufacturer globally, with over 40% market share [3][4]. - The company produces zippers that can wrap around the Earth 80 times annually, indicating its massive production scale [3]. - YKK's clientele includes renowned brands like Levi's, Adidas, and Patagonia, highlighting its strong presence in the mid to high-end market [3][4]. Group 2: Operational Strategy - YKK controls every aspect of the zipper manufacturing process, from metal smelting to packaging, ensuring quality and efficiency [4][5]. - The company transitioned from manual to machine production in the 1950s, significantly increasing production efficiency [4]. - YKK has developed a vertical supply chain, allowing it to maintain quality and price stability by self-manufacturing raw materials [5]. Group 3: Innovation and Product Development - YKK has created hundreds of patented zippers with special functions, adapting to various applications [5][6]. - The company has expanded its technology beyond zippers, venturing into aluminum door and window manufacturing [5]. Group 4: Brand Recognition - YKK's logo on zippers enhances brand visibility and consumer trust, as many brands openly promote the use of YKK zippers in their products [6][8]. - The brand's influence extends beyond fashion, with its zippers used in critical applications like space suits and automotive manufacturing [8][9]. Group 5: Global Expansion - YKK began international expansion in the 1950s, establishing factories in the U.S. and later in China and Southeast Asia to stay close to its customers [9]. - The company has adapted to market changes by producing zippers for various industries, including automotive, ensuring stable order volumes [9]. Group 6: Challenges - YKK faces increasing competition from Chinese zipper manufacturers, which produce 40% of the global zippers and are encroaching on YKK's market share [10]. - The company's traditional production model may struggle to meet the demands of fast fashion brands that require small-batch, quick-turnaround orders [10].

日经BP . 日经BP成立于1969年4月, 隶属于日本经济新闻社集团。作为日本领先的B2B媒体公司，我们聚焦"经营 管理"、"专业技术"及"生活时尚"三大主要领域，满足客户多元化的需求。 "力争甩开亚洲等竞争对手的追赶" ， YKK占据全球拉链销售额约5成份额，虽然高价位的产品 一直是强项，但随着快时尚市场的竞争加剧，该公司正在着力抢占中价位的"标准产品"市场。 其将营业总部从日本迁至越南，还着手从技术层面解决价格和交货期问题…… 随着快时尚市场的竞争加剧，客户等对产品价格和交货期的要求也越来越严苛。即便是据称占全球拉链 销售额约5成的YKK也要面对同样的条件。为了攻克这些难题，YKK将营业总部迁至越南，正着手从技 术层面解决价格和交货期问题。 编者荐语： 日经中文网"开设了"日经BP精选"栏目。日经BP是日本经济新闻社媒体集团的一员，成立于1969年。作 为日本领先的B2B媒体公司，聚焦经营管理、专业技术及生活时尚三大主要领域。敬请读者关注。 以下文章来源于日经BP ，作者日经BP 2023 年迁至越南的 YKK 营业总部的成员。 Lee Kyung Wook （中间）来自韩国，负责箱包拉链业务（照片 由 ...

Core Insights - The article highlights the success stories of private enterprises in Quanzhou, emphasizing their perseverance and commitment to manufacturing, which has led to significant growth and market presence [1][2]. Group 1: Success Stories - The founder of Xunxing Zipper, Shi Nengkeng, transformed a small business selling zippers into a large enterprise with an annual revenue of 2 billion yuan [1]. - Hong Zhao, the founder of Qipai Menswear, started with 300 yuan and grew the brand to over 3,500 stores, showcasing innovation and market differentiation [1]. Group 2: Industry Characteristics - Quanzhou's private enterprises have evolved from processing to creating their own brands, demonstrating resilience and a focus on core business despite challenges [1][2]. - The manufacturing sector in Quanzhou is characterized by high investment costs and long return cycles, yet companies have chosen to focus on their main business rather than quick profits [1]. Group 3: Economic Contribution - Private enterprises contribute significantly to Quanzhou's economy, accounting for 70% of local tax revenue, 80% of regional GDP, and 90% of technological innovations [2]. - The private sector has become a defining feature and advantage of Quanzhou's development, highlighting its importance in job creation and enterprise growth [2]. Group 4: Future Outlook - Despite facing challenges, the potential of the vast domestic market and opportunities from technological revolutions are seen as avenues for growth [2]. - The article emphasizes the need for both government and enterprises to maintain confidence and determination to foster the emergence of more enduring private enterprises [2].

Core Viewpoint - Fujian Xunxing Zipper Technology Co., Ltd. has announced its 2024 annual profit distribution plan, which includes a cash dividend of 1.00 RMB per 10 shares, totaling 35.8 million RMB, approved by the shareholders' meeting held on May 28, 2025 [1]. Summary by Sections Profit Distribution Plan - The company will distribute a cash dividend of 1.00 RMB (including tax) for every 10 shares held, based on a total share capital of 358 million shares as of December 31, 2024, amounting to a total cash distribution of 35.8 million RMB [1]. Dividend Taxation - For investors holding shares through the Hong Kong market and certain foreign institutions, the cash dividend will be 0.90 RMB per 10 shares after tax. Different tax rates will apply for individual shareholders based on their holding period when they transfer shares [1]. Key Dates - The record date for the dividend distribution is set for June 30, 2025, and the ex-dividend date is July 1, 2025 [2]. Eligible Shareholders - The dividend distribution will be applicable to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the close of trading on June 30, 2025 [2]. Distribution Method - The cash dividends will be directly credited to the shareholders' accounts through their securities companies or other custodians on the ex-dividend date [2].

Core Viewpoint - Fujian Xunxing Zipper Technology Co., Ltd. has successfully appointed three independent directors for its eighth board, who have completed the necessary training and obtained the required qualifications from the Shenzhen Stock Exchange [1][2]. Group 1 - The company held its seventh board's fifteenth meeting on January 22, 2025, and the first extraordinary shareholders' meeting on February 18, 2025, where the election of independent directors was approved [1]. - The newly elected independent directors are Qiu Haihui, Lin Yingxing, and Li Yansong, whose term begins from the date of the notice of the first extraordinary shareholders' meeting in 2025 [1]. - All three independent directors have committed to participating in the Shenzhen Stock Exchange's training program for independent directors and have obtained the necessary qualifications [1]. Group 2 - Li Yansong has completed the online training for independent directors and received the training certificate issued by the Shenzhen Stock Exchange's Entrepreneur Training Center [2]. - Qiu Haihui and Lin Yingxing have also completed the required training and obtained their respective training certificates [2]. - With this, all three independent directors of the eighth board have now acquired the independent director qualification certificates recognized by the Shenzhen Stock Exchange [2].