VerityRank
Beijing Toread Outdoor Products Co., Ltd.
Manufacturer VerifiedChina

Beijing Toread Outdoor Products Co., Ltd.

Toread

Beijing Toread Outdoor Products Co., Ltd. is a leading comprehensive outdoor sports brand in China and the “first outdoor stock” listed on the Shenzhen Stock Exchange's ChiNext board. With the core asset of being the “Official Supplier to Chinese Antarctic and Arctic Research Expeditions,” its business spans a full range of outdoor performance apparel, footwear, and equipment, serving the mass market through an omnichannel network of over 1,000 stores. In 2024, the company’s strategy to refocus on its outdoor core proved effective, achieving revenue of 1.773 billion RMB, a year-on-year increase of 15.99%, with net profit also showing strong growth. As a national-level outdoor brand, Toread is driving a transformation from professional trust to fashionable appeal through its self-developed TiEF technology platform and brand rejuvenation initiatives, consolidating its leadership in the Chinese outdoor market.

Strengths: Toread’s core strengths are its exclusive professional endorsement as the “Official Supplier to Chinese Antarctic and Arctic Research Expeditions,” which forms a profound and hard-to-replicate brand trust asset; concurrently, its extensive offline retail network (over 1,000 stores) covering cities across all tiers in China, particularly in lower-tier markets, combined with its full-category product line, creates a strong channel barrier and the capability to meet family-oriented one-stop shopping needs.

Weaknesses: Toread’s main weaknesses are its brand image facing aging challenges, creating pressure in attracting fashion- and trend-conscious Generation Z consumers; simultaneously, its market positioning faces a “sandwich” competition, being squeezed by international brands in the high-end market while confronting intense competition from numerous emerging value-for-money brands in the mass market, and the transformation of its vast traditional channel network towards digitalization and experiential retail also presents significant challenges.
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ChinaFounded 19991K+ / 100
Listed onSZSE300005
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

300005 · SZSE · weeklyHistory →
Market cap
$1.2 B
Share price
CNY 8.57
1Y change
-5.0%
Recent change
-3.6%

11-02 → 11-03

Since first close
-2.8%

from 2025-09

· updated 2026-11-03

Financial history

Full market history
CNY 0$0CNY 6$1.0 BCNY 13$2.0 BCNY 19$3.0 BCNY 25$4.0 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11CNY 8.57$1.2 B-3.4%
  • 2026-10CNY 8.87$1.2 B-17.1%
  • 2026-09CNY 10.70$1.5 B-3.6%
  • 2026-08CNY 11.10$1.5 B+20.5%
  • 2026-07CNY 9.21$1.3 B-59.2%
  • 2026-06CNY 22.60$3.1 B+49.6%
  • 2026-05CNY 15.11$2.1 B-9.3%
  • 2026-04CNY 16.66$2.3 B+11.8%
  • 2026-03CNY 14.90$2.1 B+1.4%
  • 2026-02CNY 14.69$2 B+7.8%
  • 2026-01CNY 13.63$1.9 B+25.9%
  • 2025-12CNY 10.83$1.5 B—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Latest available filings
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Manufacturer
Insiders
—
Institutions
—
Free float
—

Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

Beijing Toread Outdoor Products Co., Ltd. ("Toread") is a leading Chinese outdoor sports brand and A-share listed company on the Shenzhen Stock Exchange (Stock Code: 300005). Headquartered in Beijing, the company operates through a brand-operator model, managing product development, design, supply chain, and omnichannel sales while outsourcing manufacturing to partners across China, Vietnam, and Bangladesh. With over 20 years of industry heritage, Toread serves as a pioneer in China's outdoor market, offering full-category outdoor products spanning apparel, footwear, and equipment. In fiscal year 2024, Toread achieved annual revenue of RMB 1.773 billion, representing 15.99% year-over-year growth.

Core Business

Functional Outerwear represents Toread's flagship product category and professional symbol, featuring the Polar Expedition Jacket (cold-resistant to -50°C) and proprietary TiEF PRO Waterproof Breathable Technology with moisture permeability of 15,000g/㎡/24h. The company also develops SAFree antibacterial technology for footwear and apparel applications. Sports Apparel includes space-themed collaborative sun-protective jackets (UPF 100+), ski quick-dry mid-layers, and comprehensive apparel lines. Sports Footwear encompasses hiking boots with GORE-TEX waterproof technology. Equipment & Accessories include carbon fiber hiking poles and certified sand/snow gaiters. Annual production capacity reaches 300,000 jackets, ranking among the top three Chinese outdoor brands.

Global Presence

Toread operates its headquarters, R&D, and operations center in Beijing, with domestic production at the Nantong base for premium outdoor jackets and footwear. International manufacturing partnerships include facilities in Vietnam for basic apparel and Jiangxi province for accessories. The company maintains an extensive omnichannel distribution network including official stores on Tmall and JD.com, a vast dealer network, and self-operated retail locations. International presence includes the official English website (toread.com.cn/en/) targeting global markets.

Key Strengths

Toread's core competitive advantages include deep brand heritage spanning over two decades, extensive national consumer awareness, and full-category product lines covering outdoor apparel, footwear, and equipment. As the designated equipment supplier for China Antarctic and Arctic Research Expeditions, Toread possesses powerful professional endorsements. The company's TiEF PRO proprietary waterproof membrane technology delivers industry-leading performance specifications. The "professional + mass market" dual-line strategy serves both dedicated outdoor enthusiasts and urban commuters seeking functional outdoor-inspired clothing. With a brand heat score of 81/100, Toread maintains strong recognition as a pioneer and national-level brand in China's outdoor industry.

VerityRank Score

VerityRank Score of 81/100

Quick Facts

Headquarters

China, Beijing (Headquarters/Design Center)

Founded

1999

Employees

1K+

Market cap

$1.2 B

Presence

30+ Countries

Listing

SZSE: Listed

Categories
Textile & ApparelMen's Clothing IndustryMen's Outerwear IndustryMen's Sportswear IndustryProtective Products & Technical Textiles CompaniesProtective Products & Technical Textiles SuppliersWomen's Clothing IndustryWomen's Outerwear IndustryFootwear BrandsSports & Outdoor Gear ManufacturersFashion Accessories Brand

11 categories · scroll for more

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: SZSE : 300005