Core Viewpoint - The report by CCTV's "Financial Investigation" revealed serious fraudulent activities in the home textile industry in Nantong, including the use of synthetic fibers disguised as pure cotton and false labeling of product specifications [1][3]. Summary by Relevant Sections Fraudulent Practices - Home textile stores such as "Yuxin Home Textile," "Shijin Home Textile," and "Baiyan Home Textile" were found to be engaging in significant fraud, including misrepresenting materials and falsely advertising product specifications [1]. - Products that were actually 40-60 counts were falsely marketed as "100 counts" or even "170 counts" [1]. - The stores illegally affixed "Class A" safety labels and sold products without proper manufacturer information, known as "three no products" [1]. Regulatory Response - In response to these findings, Nantong's market regulatory authorities initiated immediate inspections and investigations, collaborating with public security departments [1][3]. - As of September 22, the Nantong Market Supervision Bureau reported that they had investigated nine involved businesses, sampled 67 batches of products, and seized 7,389 items related to the case [1][3]. Future Actions - The Nantong Market Supervision Bureau announced plans to conduct a special autumn-winter campaign to regulate the home textile industry and enhance ongoing supervision to combat illegal activities [1][3]. - The bureau encouraged public participation in monitoring and reporting suspicious activities through a hotline [1][3].

Core Viewpoint - The Nantong Market Supervision Administration has initiated investigations into nine companies involved in false advertising and labeling of online home textile products, specifically "four-piece sets" [1] Group 1: Investigation and Actions - Following media reports on September 21 regarding false advertising and labeling practices, local market supervision and police departments acted swiftly to investigate nine implicated companies [1] - A total of 67 batches of products were sampled for testing, and 7,389 sets (items) related to the case were seized and stored [1] - The authorities plan to continue thorough investigations and enforce strict legal actions against violations to maintain market order and protect consumer rights [1] Group 2: Industry Regulation - Nantong will conduct a special autumn-winter campaign to regulate the home textile industry, aiming to enhance ongoing supervision and combat illegal activities [1] - The initiative reflects a commitment to uphold market integrity and safeguard consumer interests in the home textile sector [1]

Group 1: Industry Overview - The home textile industry in Nantong is a significant sector, with over 90,000 businesses concentrated in the Nantong International Home Textile Industrial Park, exporting to more than 130 countries and regions [1] - The market transaction volume for home textiles exceeded 240 billion yuan last year, with online sales accounting for over 110 billion yuan, highlighting the industry's large scale and strong influence [1] Group 2: Company Responses to Market Changes - Jiangsu Xinsheyuan Bedding Co., Ltd. is shifting focus to markets in the Middle East, Central Asia, and Southeast Asia due to a decline in orders from the U.S., which previously accounted for about 60% of their business [1] - Yuanjiu Textile Technology Co., Ltd. has reduced its reliance on the U.S. market, with its share dropping from 90% to 50%, and views the current situation as an opportunity to diversify [2] - Meijian Century (Nantong) Trading Co., Ltd. has increased product prices by approximately 20% in response to tariff changes while also expanding into other international markets [2] - Niusai Network Supply Chain Management Co., Ltd. has established overseas warehouses in Japan, the U.S., and Germany, and is actively engaging with other businesses to find new opportunities amid challenges [2] Group 3: Government Support Initiatives - The Nantong International Home Textile Industrial Park held a meeting to discuss support measures for home textile enterprises facing trade issues with the U.S., emphasizing collaboration between government and businesses [3] - The local government plans to enhance communication with industry associations and organize activities to promote domestic and international trade connections [3]