Youngor Fashion Co Ltd Expands Strategic Partnership with Hefei Bai Da Group

On July 16, 2025, Youngor Fashion Co Ltd, a prominent real estate development and tourism company based in Ningbo, China, deepened its strategic collaboration with Hefei Bai Da Group. The meeting was led by Youngor’s Executive President Xu Peng and warmly welcomed by Bai Da Group’s Party Committee Deputy Secretary and General Manager Zhang Tongxiang. The gathering included key figures from both companies, such as Youngor’s Deputy General Manager Li Bo and Deputy General Manager Yuan Jican from Ningbo Youngor Apparel’s Anhui Branch, along with representatives from Bai Da’s Hefei Department Store, Drum Tower Plaza, Binhu Bai Da, Group Operations Center, and Procurement Center.

During the meeting, both parties engaged in an in-depth discussion about the current state of the retail industry, future trends, and strategic directions for corporate transformation. Zhang Tongxiang expressed gratitude for Youngor’s ongoing support and shared insights into Bai Da Group’s operational status, industrial adjustments, and strategic planning. He emphasized the group’s commitment to reform and innovation in response to new industry developments, focusing on key tasks to enhance economic efficiency.

The collaboration between Youngor and Bai Da Group has a long history and a solid foundation, characterized by mutual trust and strategic partnership. Both parties aim to deepen cooperation in areas such as innovative cooperation models, upgrading and transformation, marketing resource integration, and the fusion of online and offline platforms.

Xu Peng provided a detailed overview of Youngor’s design philosophy, brand products, operational status, and market development in Anhui. He highlighted Bai Da Group’s role as a leading commercial and distribution enterprise in Anhui, emphasizing the importance of collaborative growth with suppliers. Youngor and Bai Da Group have maintained a stable and fruitful partnership, and this meeting is expected to further enhance mutual understanding and cooperation, expanding into broader, deeper, and higher-level mutually beneficial collaborations.

Youngor Receives Significant Financing Buy-In

On July 16, 2025, Youngor Fashion Co Ltd received a financing buy-in of 999,030 RMB, accounting for 17.14% of the day’s total buy-in amount. The current financing balance stands at 4.41 billion RMB, representing 1.28% of the circulating market value, which is below the historical 30% percentile level.

In terms of margin trading, Youngor repaid 21,000 margin shares and sold 10,900 shares on the same day. The sale amount was 81,000 RMB, constituting 0.14% of the day’s outflow amount. The current margin balance is 6.50 million shares, exceeding the historical 60% percentile level.

Overall, Youngor’s combined financing and margin balance is 4.48 billion RMB, a decrease of 0.71% from the previous day, and remains below the historical 30% percentile level.

Challenges in the Men’s Apparel Industry

The men’s apparel industry faces significant challenges, as highlighted by recent performance reports from major brands like Ji Mu Wang and Qi Pi Lang. Despite Ji Mu Wang’s net profit forecast for the first half of 2025 showing an increase of over 200%, its adjusted net profit is expected to decline by 14% to 26% compared to the previous year. This decline underscores the industry’s struggles, with brands like Qi Pi Lang and Hai Lan Zhi Jia experiencing inventory turnover times exceeding 200 days and facing competition from low-priced white-label products.

Investment income has become a crucial factor in sustaining financial performance for these brands. Ji Mu Wang’s financial report indicates that investment income contributed significantly to its net profit, with a notable increase compared to the previous year. Similarly, Qi Pi Lang’s financial performance has been bolstered by investment returns, despite declines in revenue and adjusted net profit.

Industry analysts suggest that the current market environment, characterized by homogenized competition in branding, products, and marketing, has led to stagnation in sales. While investment returns can provide short-term financial relief, they also carry substantial risks, especially for non-specialized investment entities.

In summary, the men’s apparel industry is navigating a challenging landscape, with brands relying on investment income to offset declining core business performance. As companies like Youngor continue to explore strategic partnerships and investment opportunities, the industry’s future remains uncertain, with a need for innovative approaches to overcome current obstacles.