Sunvim Group Co., Ltd. (002083.SZ) is a China-based company principally engaged in the production and sale of home textile products and new material businesses. The company operates six segments, including home textiles offering mid-to-high-end towels, bedding textiles, decorative fabrics, and curtains; new materials such as coating materials and chemicals; thermoelectric power generation; motor manufacturing; industrial and drinking water production, sales, and services; and real estate development. It sells products through direct sales and online channels to customers in China, Japan, Southeast Asia, Europe, the United States, Australia, the Middle East, and other international markets. Founded in 1987 and headquartered in Gaomi, Shandong Province, China, the company listed on the Shenzhen Stock Exchange in 2006 and employs approximately 10,870 people.
In recent developments, Sunvim Group completed an equity buyback program announced on October 12, 2024, repurchasing 39,484,931 shares, or 5.04% of its capital, for CNY 199.65 million by early 2025, signaling confidence in its valuation and shareholder returns. The company continues to innovate in sustainable products, showcasing green bamboo silk materials at the 136th Canton Fair and holding over 40 national patents for core technologies while contributing to more than 10 national industry standards. These efforts support its focus on high-quality, eco-friendly home textiles amid ongoing export growth.