Founded in 1979, Youngor has become a comprehensive and International enterprise group in 39 years, with its five essential business segments including textile, clothing, real estate, trade and investment. The company was listed on the Shanghai Stock Exchange on November 19, 1998, stock code: 600177, stock short name: Youngor.
At the end of 2017, the group's total assets were 83.1 billion yuan and its net assets were 27.3 billion yuan. In 2017, its sales revenue reached 66.5 billion yuan, total profit reached 4.5 billion yuan, rate-paying reached 2.4 billion yuan. It is among the first section of the top 500 Chinese private enterprises.
In the past 39 years, Youngor has always made the establishment of a national brand the foundation of enterprise development. By focusing on transformation and upgrading, technological innovation, it has gained leading position in the industry of high-end brand apparel by steady efforts, with a brand value of nearly 39.6 billion yuan. The main brand of YOUNGOR continues to maintain its leading position in the domestic menswear industry, forming a three-dimensional brand system with YOUNGOR as the main body, MAYOR, Hart Schaffner Marx and HANP as branches. The company has forged strategic cooperation with five top International fabric manufacturers: ZEGNA, LORO PIANA, CERRUTI 1881, ALUMO, and ALBINI, with whom the group jointly launched the Global Fashion Ecology Initiative, and built MAYOR together with the world to use the world's best fabrics, top craftsmanship, high cost performance to create China’s own high-end men's clothing brand ‘ MAYOR’.
Youngor is building a smart manufacturing Chinese factory with a garden-style environment, humanized management, smart assembly lines and transparent information in the concept of standardization, automation, informatization and intelligent “four-in-one”. The construction of Youngor's smart marketing is proceeding through strong brand, competitive cost, instant response system, friendly experience platform, black technology application and combination of virtuality and reality, and through the combination of online promotion and offline experience, online sales and offline services.
The company is one of the earliest private enterprises in China to enter real estate market. Since 1992, it has stuck to the brand concept of “Quality Real Estate Pioneer” and has developed to become a well-known development enterprise in the Yangtze River Delta. Locations of development projects cover major cities like Shanghai, Ningbo, Suzhou and Hangzhou.
The company is also one of the earlier private enterprises in China that entered the specialized field financial investment. With the goal of building a financial holding group, the company has gradually set up a strategic investment system focusing on strategic investment and supplemented by financial investment and industrial investment. Through acquisitions and mergers, the company will continue to improve the distribution of its investment industry and search for new breakthroughs.