Thanks to the support of the Olympic Games and the rising demand for national defense supplies and medical protective equipment, Nanliang (5450) revenue in June was 215 million yuan, an annual increase of 16.11%. Revenue in the second quarter was 700 million yuan, an annual increase of 8.13%; revenue in the first half of the year was 1.3 billion yuan, an annual increase of 5.65%.

Nanliang said that IMARC Group predicts that the global sports, outdoor and casual apparel market will grow at a compound annual growth rate of 4.7% from 2022 to 2027, and the scale will reach US$231.4 billion in 2027. Nanliang Ecological Family covers the planning, execution and integration of new products from the perspective of "3R-Replace, Recycle, Reduce", has obtained green-related certifications, and actively cultivates fields such as safety protection, outdoor sports and leisure, and medical care. The capacity utilization rates of production bases such as Tainan Main Plant, Renai Plant, and Nissong Plant have gradually increased.

Nanliang is a comprehensive supplier of high-tech textiles and polymer composite materials. Products cover outdoor leisure/aquatic and underwater/sports/shoe materials/luggage materials/ready-to-wear/medical/car interiors/special safety protection and other industries. It is the designated Asian partner of DuPont, a major American raw material manufacturer. Production factories and trading bases are located in Taiwan, China, Southeast Asia, America, Europe, Australia, India and the Middle East.

Nanliang pointed out that in recent years, the focus has been on product applications in sports and leisure, outdoor products, personal and family safety protection and other fields. In recent years, the layout of green economy has been accelerated, attracting major brand manufacturers to switch to products made of recycled and environmentally friendly materials. Affected by the support of the Olympic Games and the demand for defense supplies and medical protective equipment, the order shipments of special textile composite materials, multi-functional hook and loop tapes, webbing and medical supplies have maintained steady growth, supporting revenue in the second quarter and first half of June. Annual growth drives performance.

#leisure
#aquatic
#underwater
#sports#shoe materials
#luggage materials
#ready-to-wear#medical
#car interiors
#special safety protection