Home / Knowledge / News / Apparel/Garments / Xingquan International to attract more FIIs
Xingquan International to attract more FIIs
Jul '10
Xingquan International Sports Holdings Ltd, an outdoor wear producer of footwear and apparels is planning to bring in more institutional investors. It is in talks with funds in Taiwan and China in an effort to attract investments.

The company had been able to attract four large institutional investors from US and Europe in the month of May 2010 and now will be able to draw investment from China as Malaysia has been approved under the Qualified Domestic Institutional Investor (QDII) Scheme.

For the third quarter ending March 31, the company posted net revenues totaling to RM 170.2 million, a hike of 60 percent and a net profit of RM 32.7 million, up 46 percent from the same period in the previous year.

Xingquan International is sold in 25 provinces in China, in around 2,000 outlets and is now in the process of expanding into five more provinces.

While speaking to fibre2fashion, Guan Hoe, spokesperson of Xingquan said that, “We are very excited after one year of listing. We are expanding and our products are well accepted as evidenced by the sales order position”.

He added by saying that, “Orders from the latest Autumn/Winter 2010 sales fair amounted to RM 323 million and in addition, our stock is also attracting Foreign Institutional Investors and the industry we are in, is getting popular with each passing day in China.”

Fibre2fashion News Desk - India

Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search