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Shanghai Composite
Over the past 12 months, Jiangsu Hongdou Industrial Co Ltd has underperformed Shanghai Composite, delivering a return of -2% compared to the Shanghai Composite's +24% growth.
Stocks Performance
600400 vs Shanghai Composite
Performance Gap
600400 vs Shanghai Composite
Performance By Year
600400 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Jiangsu Hongdou Industrial Co Ltd
Glance View
In the bustling province of Jiangsu, China, Jiangsu Hongdou Industrial Co., Ltd. has carved out a significant niche in the world of textiles and apparel. Founded in 1957, this veteran of the industry has skillfully traversed the shifting sands of economic reform and modernization in China, transforming from a state-owned enterprise into a competitive player in the private sector. Known for its flagship brand, Hongdou, the company prides itself on a well-integrated supply chain that stretches from yarn production to ready-to-wear garments, enabling them to maintain quality control at every stage and react swiftly to market trends. This vertical integration is not just a business model but a vital cog in Jiangsu Hongdou's wheel of continuous growth and adaptability. Jiangsu Hongdou's success lies in its ability to align traditional apparel manufacturing with modern retail practices, tapping into the burgeoning Chinese consumer market. Strategically positioned both in department stores and online platforms, the company has maximized its visibility and accessibility to the consumer base. This dual-channel retail approach not only strengthens its brand presence but also ensures a steady revenue stream from diverse customer interactions. By embracing e-commerce, Hongdou has secured a steady foothold in the digital age, countering any declines faced by brick-and-mortar sales with vigorous online activity. Their focus on product diversification, including menswear, womenswear, and accessories, broadens their market reach and creates synergies among their operations, securing Jiangsu Hongdou Industrial Co., Ltd.’s role as a resilient player in the competitive textile landscape.
