Health Group: Invest 180 million yuan to build a new project in Quang Tri, Vietnam.
Jiansheng Group announcement, the company plans to invest in the construction of a project in the industrial park in Quang Nam, Vietnam, with an annual production capacity of 60 million pairs of medium to high-grade cotton socks and 30 million pieces of clothing. The total investment is 180 million yuan, of which fixed assets investment is approximately 150 million yuan, and additional working capital of 30 million yuan. The necessary funds will be invested and implemented by Jiansheng Vietnam Textile Printing and Dyeing Co., Ltd. The project construction period is two years, expected to start on March 31, 2026. The estimated total normal annual profit after the project is completed is 77.11 million yuan, with an after-tax profit of 61.688 million yuan. This investment has been approved by the board of directors and still needs to be reviewed by the shareholders' meeting.
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