Shandong Ruyi Change Business Scope Will Increase Production Of Medical Supplies

Data from the sky eye show that recently, Shandong Ruyi Technology Co., Ltd., which acquired BALLY, has undergone industrial and commercial changes in Xinjiang Ruyi Textile Garments Co., Ltd.. The business scope includes new labor protection supplies, medical protective masks, medical protective clothing, medical isolation shoes, medical isolation shoes, medical isolation masks, medical isolation goggles, medical gloves, disposable medical protective clothing and surgical caps. "Isolation clothing, medical cap, production and sale of medical devices" and other businesses.

Xinjiang Ruyi Textile Garments Co., Ltd. was founded in July 2010, with a registered capital of about 700 million. The structure of the sky eye check shows that Ruyi Technology Group Co., Ltd., a major shareholder of Shandong Ruyi technology group, has a shareholding ratio of 60%.

It is worth noting that Ruyi has been called "LVMH of China" in Shandong. In recent years, the company has been making overseas acquisitions frequently. In the three years since 2016, the textile manufacturer has acquired over 20 overseas assets, from Bulgarian woolen mill to several well-known luxury brands in London and Paris.

According to the billion euro network, in June 25, 2019, Ruyi group announced that the company intends to purchase Gieves&Hawkes, Kent&Curwen, Cerruti 1881, D 'URBAN and the international clothing brand controlled by the Klc Holdings Ltd, the indirect controlling shareholder, Beijing Ruyi fashion Klc Holdings Ltd.

At present, Shandong Ruyi holding company includes SMCP of the French Euronext listed company, Renown Incorporated of Japan's main board listed company and Hong Kong listed companies Li Bang holding company. In 2018, Ruyi bought Swiss luxury brand BALLY from JAB group.