JIAXIN SILK(SZ:002404)2022-12-10 08:08Group 1: Company Assets and Financial Performance - The company owns over 800 acres of land, primarily in the Jiaxin Silk Industrial Park and various warehouses [1] - Annual rental income from properties such as Jiaxin Silk Square and industrial park buildings contributes significantly to the company's revenue [2] - The company has seen substantial growth in foreign trade exports, attributed to a stable increase in clients and favorable currency depreciation [2] Group 2: Future Development Plans - The company aims to diversify its operations while focusing on its core business, exploring new materials, environmental protection, and finance sectors [2] - There is potential for capacity expansion through mergers and industry consolidation, particularly in the dyeing and metal processing sectors [2] Group 3: Market and Product Development - The silk market is well-known within the industry, and acquisitions are expected to enhance the company's core business [3] - The company has a strong fabric development team and recently showcased new fabric products at the prestigious PREMIERE VISION exhibition in France, receiving positive feedback from international designers [3]