Hubei Meierya Co., Ltd. (600107)

Hubei Meierya Co., Ltd. (600107)

Hubei Meierya Co., Ltd. is a joint stock limited company established by directional raising with Hubei Meierya textile and garment industry (Group) Co., Ltd. as the main sponsor, which was approved by Hubei Provincial Commission of structural reform e.g. [1993] No. 122 document on March 20, 1993. On October 16, 1997, the company successfully issued 50 million RMB common A shares through Shanghai Stock Exchange, and was listed for trading on November 6. The current share capital of the company is 360 million shares. The company is a foreign trade oriented textile and garment enterprises, mainly engaged in fine wool textile products, clothing and accessories manufacturing, processing and sales. The company's main products are well-known at home and abroad, and occupy a high share in the Japanese market, among which the main product MELYA suit won the European Quality Gold Award. At present, the company's total assets amount to 800 million yuan, including fixed assets of 230 million yuan and annual foreign exchange of nearly 80 million U.S. dollars. The company has an annual production capacity of 1.4 million suits and 4 million fashion sets. It is a leading enterprise in building the "Eastern Hubei clothing corridor" in Hubei Province and one of the large-scale suits and fashion production enterprises in China.

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