JIAXIN SILK(SZ:002404)2022-12-08 09:26Group 1: Company Development and Strategy - The company has outlined a diversified development plan focusing on core business while exploring new areas such as environmental protection, new materials, and finance [1] - The diversification strategy includes investments in the lithium battery industry, with Ningbo Shijie as a key focus, aiming for significant market competitiveness and potential future IPO [2] Group 2: Foreign Trade and Brand Development - The foreign trade business is steadily growing, with an optimized client structure and improved product development capabilities, highlighted by positive feedback from international designers at the Premiere Vision exhibition [2] - The domestic brand project is progressing well, with the "Daisa" brand experiencing growth in store scale and sales revenue, while the "Jinsanta" brand continues to expand primarily online [3] Group 3: Financial Performance and Assets - The small loan company established by the firm has shown good operational performance, generating over 20 million in profit in its first complete accounting year, gaining recognition in the microfinance sector [3] - The company holds over 800 acres of land, primarily in the Jiaxin Silk Industrial Park and old factory areas, which has appreciated significantly due to long-term ownership [3]