Ruyi

I-Mab Appoints Ruyi He and Rong Shao to Board of Directors

Retrieved on: 
Tuesday, June 1, 2021

Dr. Ruyi He will serve on the compensation committee and Professor Shao will serve on the corporate governance committee both effective June 1,2021.

Key Points: 
  • Dr. Ruyi He will serve on the compensation committee and Professor Shao will serve on the corporate governance committee both effective June 1,2021.
  • He and Professor Shao to our board, and look forward to their wealth of industry experience and breadth of relationships as we transform into a fully integrated global biopharmaceutical company.
  • He joined the NMPA in 2016, after having worked at the U.S. Food and Drug Administration (FDA) for almost two decades.
  • I am delighted to share my knowledge and experience to support in the next phase of this meaningful evolution," said Professor Rong Shao.

Trinity Limited Under Ruyi Group Increases Its Revenue by 13.9% In 2019

Retrieved on: 
Thursday, April 2, 2020

Trinity Limited (0891.HK), a subsidiary company of Ruyi Group (002193.SH), announced its 2019 annual financial results on March 31, 2020.

Key Points: 
  • Trinity Limited (0891.HK), a subsidiary company of Ruyi Group (002193.SH), announced its 2019 annual financial results on March 31, 2020.
  • Trinity's total revenue in 2019 increased by 13.9% to HKD 1.962 billion, with core operating profit of HKD161.3 million and profit attributable to shareholders of HKD 50.4 million.
  • Since Ruyi Group acquired Trinity Limited in April 2018, it has vigorously supported its development and successfully turned losses into profit.
  • Ruyi helps to improve the traditional business and promote new business through business rationalization, and actively expands the group ordering business.

Ruyi Group Takes Actions to Help COVID-19 Control and Ensure Enterprise Development

Retrieved on: 
Monday, March 2, 2020

After establishing a pandemic-control group, Ruyi has held several meetings on pandemic control to protect employees health.

Key Points: 
  • After establishing a pandemic-control group, Ruyi has held several meetings on pandemic control to protect employees health.
  • View the full release here: https://www.businesswire.com/news/home/20200302005104/en/
    Ruyi Group urgently delivered pandemic prevention materials and medicines to fight against the COVID-19 outbreak.
  • (Photo: Business Wire)
    Ruyi Group donated 3 million yuan of medical protection materials to the Emergency Support Group of Jining Pandemic Treatment Headquarters on January 31 and February 1.
  • The branches of Ruyi Group, simultaneously, have joined the pandemic prevention and control process.

Ruyi Group Amicably Negotiates With Bagir to Resolve Mutual Concerns

Retrieved on: 
Friday, February 28, 2020

Israeli mens clothing manufacturer Bagir Group plans to sue Ruyi Group because Ruyi has not delivered the remaining payment of about USD 10 million.

Key Points: 
  • Israeli mens clothing manufacturer Bagir Group plans to sue Ruyi Group because Ruyi has not delivered the remaining payment of about USD 10 million.
  • On November 23, 2017, Ruyi Group announced its intention to acquire 54% of Bagir Group Ltd. (BAGR.L) for USD 16.5 million, or approximately GBP 12.4 million, to become Bagirs controlling shareholder.
  • Ruyi Group was then undertaking global expansion and acquiring well-known fashion brands to build a Chinese version of global fashion industry group.
  • Ruyi Group and Bagir Group had negotiated to delay the settlement day.

Highlight 2019: Ruyi Group Records Strong Development and Growth

Retrieved on: 
Friday, February 7, 2020

Ruyi Group has been carrying out investment and merger layout oriented to the whole industry chain since 2010, to realize the transformation from a traditional textile giant to a world-leading fashion group.

Key Points: 
  • Ruyi Group has been carrying out investment and merger layout oriented to the whole industry chain since 2010, to realize the transformation from a traditional textile giant to a world-leading fashion group.
  • Ruyi currently owns four listed companies, including A-share listed company Ruyi Woolen Garment Group (SZ:002193), SMCP (SMCP.PA) listed in France, Trinity Group (0891.HK) listed in Hong Kong, Renown Incorporated (3606.T) listed in Japan.
  • In the first half of 2019, Trinity achieved a profit of HKD 112 million, undergoing a major asset restructuring with Ruyi Group.
  • This year, Ruyi Group will continue to make efforts in high-tech textile and fashion brands for a "One World, One Family" Ruyi fashion ecology.

With 24 New Fashion Pact Companies, Ruyi Group Continues to Devote Itself Into Improving Green Fashion Industry

Retrieved on: 
Tuesday, October 29, 2019

24 new companies in the fashion and textile industries have decided to join the coalition.

Key Points: 
  • 24 new companies in the fashion and textile industries have decided to join the coalition.
  • The same as Ruyi Group, the companies have long pursued their own environmental strategies.
  • Ruyi Group always devotes itself into improving green fashion industry and promotes advancements in both textile and fashion industry.
  • Through applying green production programs such as solar energy generation, waste water recycling and condensate reuse, Ruyi eliminated out-dated facilities successfully.

Ruyi Group, as the Only Company From Mainland China, Has Signed a Fashion Pact With Leading Global Fashion and Textile Enterprises

Retrieved on: 
Thursday, August 29, 2019
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20190829005095/en/
    Ahead of the 2019 G7 Summit, 32 major global fashion and textile companies representatives met at the Elysee Palace in France (Photo: Business Wire)
    Ruyi Group002193.SZis the only company from Mainland China to sign the Fashion Pact.
  • As the largest Group in China's textile industry, sustainable development has always been at the heart of Ruyi Group.
  • With the belief of environmental protection, Ruyi Group is committed to a cleaner, safer, and greener sustainable fashion blueprint.
  • This is the first time the global fashion and textile industry pioneers get together and work towards a common goal.

Ruyi Group’s Sub-brand SMCP Achieves Its Global Sales Growth, with the Chinese Market Surging by More Than 30%

Retrieved on: 
Tuesday, August 20, 2019

The international market showed +13.7% sales growth at constant currency, notably driven by mainland China with +30% constant currency.

Key Points: 
  • The international market showed +13.7% sales growth at constant currency, notably driven by mainland China with +30% constant currency.
  • In Asia-pacific markets, the group recorded another very strong quarter with +23.4% sales growth at constant currency from April to June.
  • after adding SMCP to "Ruyi family," Ruyi group not only builds up strength for its own brand but also helps SMCP to open the Chinese market.
  • SMCP completed its acquisition of French luxury menswear brand De Fursac on June 25, with the support of Ruyi group.

Ruyi Group plans IPO on Sci-tech Innovation Board for Lycra in China

Retrieved on: 
Friday, July 26, 2019

Ruyi Group (SHZ:002193), one of the leading textiles and fashion companies in China, held the launching ceremony of Lycras Science and Technology Innovation Board in Jining headquarters.

Key Points: 
  • Ruyi Group (SHZ:002193), one of the leading textiles and fashion companies in China, held the launching ceremony of Lycras Science and Technology Innovation Board in Jining headquarters.
  • On January 31, 2019, Ruyi Group has completed its acquisition of INVISTAs Apparel & Advanced Textiles business, including a robust portfolio of highly respected Lycra Brand.
  • The assets and capabilities of Lycra are perfect complements to the overall layout of the industrial chain to Ruyi Group.
  • Steve Stewart, the president of Lycra's apparel business in Asia, thought that the acquisition would create a win-win situation for Ruyi Group and Lycra as Ruyi would bring more investments and production capacities for Lycra, and Lycra would continue to provide advanced fiber and technology solutions for Ruyi Group.

Shandong Ruyi Investment Holding Purchases INVISTA’s Apparel & Advanced Textiles Unit

Retrieved on: 
Thursday, January 31, 2019

Shandong Ruyi Investment Holding, one of the leading textile and apparel companies in China, announced today that it has completed its acquisition of INVISTAs Apparel & Advanced Textiles business.

Key Points: 
  • Shandong Ruyi Investment Holding, one of the leading textile and apparel companies in China, announced today that it has completed its acquisition of INVISTAs Apparel & Advanced Textiles business.
  • With the continued investment of Ruyi, we look forward to working with our customers to bring exciting innovations to market.
  • Shandong Ruyi Investment Holding is one of the largest textile manufacturers in China, ranks first among the top 500 textile and apparel companies in China, and ranks among the Top 100 Chinese multinational enterprises.
  • Headquartered in Jining, Shandong, the hometown of Confucius and Mencius, Shandong Ruyi Investment Holding operates 13 domestic industrial parks and boasts some of the largest production lines and advanced technologies in China.