Jiangsu Times Textile Technology Co., Ltd. (001234.SZ) engages in the research, development, production and sales of knitted fabrics and knitted garments in China and internationally. The company offers core products including knitted fabrics and knitwear such as sportswear, casual clothing, children's clothing and others; it provides related services encompassing weaving, dyeing, finishing, cutting, printing, embroidery, sewing and washing processes. Founded in 1992 and headquartered in Rugao, Jiangsu Province, China, the company operates as an OEM base for well-known international and domestic brands, leveraging advanced equipment from the United States, Germany, France, Italy and Japan, with an annual capacity of 6,000 tons of knitted fabrics and 30 million pieces of knitted clothing. Jiangsu Times holds certifications in quality, energy, environment, occupational health and safety management systems as well as organic cotton; it maintains 38 authorized patents, including 32 inventions, and operates a postgraduate workstation, technology center and engineering research center for high-grade knitted fabrics. In a significant recent development, Guangzhou Light Industry Trade Group Co., Ltd. completed the acquisition of a 29.99% stake in the company from Rugao Xintai Investment Co., Ltd. for approximately CNY 750 million on September 22, 2025, following share transfer agreements signed in June and August 2025 and requisite approvals.