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Zhejiang Jasan Holding Group Co., Ltd.
Brand & Manufacturer VerifiedChina

Zhejiang Jasan Holding Group Co., Ltd.

Jasan Group

Zhejiang Jasan Holding Group Co., Ltd. is a globally leading vertically integrated knitwear manufacturer, specializing in OEM/ODM services for international renowned sport and casual brands, focusing on sports socks and seamless activewear. Listed on the Shanghai Stock Exchange Main Board, the company employs a full industrial chain model from spinning to sewing, with modern self-owned production bases in China and Vietnam, where Vietnamese capacity exceeds 50%, forming an efficient global production layout. Its core business has successfully expanded from traditional strength in cotton hosiery to high-value-added seamless sports underwear and yoga pants. In 2024, revenue reached 2.318 billion RMB, with seamless apparel contributing 58.1%, becoming the primary growth driver. Jasan Group is a typical “hidden champion”, whose value lies in its powerful scale manufacturing capability, deeply embedded partnerships with top-tier clients, and operational resilience through industry cycles.

Strengths: Jasan Group’s core strengths are its ultimate vertical integration across the supply chain and forward-looking global production layout (China + Vietnam), which build formidable barriers in cost, quality, and delivery; concurrently, its long-term strategic partnerships with global top brands like Decathlon and PUMA provide a highly stable order base, and the company has successfully transformed from a “Cotton Sock King” to a higher-margin “Seamless Apparel Giant”, significantly enhancing profitability and risk resilience.

Weaknesses: Jasan Group’s main weaknesses stem from its pure B2B manufacturing nature, making its performance heavily reliant on the order and inventory strategies of a few downstream key brand clients, lacking consumer-facing brand buffering and pricing autonomy; simultaneously, the industry constantly faces pressures from cyclical fluctuations in global consumer demand, volatile raw material prices, and rising labor costs in production bases like Vietnam, necessitating continuous automation upgrades to maintain cost competitiveness.
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ChinaFounded 199410K+ / 100
Listed onSSE603558
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

603558 · SSE · weeklyHistory →
Market cap
$556 M
Share price
CNY 11.46
1Y change
-5.0%
Recent change
-0.3%

11-02 → 11-03

Since first close
+15.1%

from 2025-09

· updated 2026-11-03

Financial history

Full market history
CNY 0$0CNY 4$200 MCNY 8$400 MCNY 11$600 MCNY 15$800 M2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11CNY 11.46$556 M-2.1%
  • 2026-10CNY 11.71$568 M-9.1%
  • 2026-09CNY 12.88$625 M+7.2%
  • 2026-08CNY 12.02$583 M-6.9%
  • 2026-07CNY 12.91$627 M+16.4%
  • 2026-06CNY 11.09$538 M-4.6%
  • 2026-05CNY 11.62$564 M-10.8%
  • 2026-04CNY 13.02$632 M-11.9%
  • 2026-03CNY 14.78$717 M+22.1%
  • 2026-02CNY 12.10$587 M+1.4%
  • 2026-01CNY 11.93$579 M+6.2%
  • 2025-12CNY 11.23$545 M—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Latest available filings
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Brand & 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.

In the press

All coverage →4 latest headlines1
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Zhejiang Jasan Holding Group Co., Ltd. is a globally leading vertically integrated knitwear manufacturer specializing in sports apparel production. Headquartered in Hangzhou, Zhejiang, China, the company operates production bases in China (Zhejiang, Guizhou) and Vietnam, with Vietnam now accounting for over 50% of capacity. Trading on the Shanghai Stock Exchange (stock code: 603558), Jasan Group operates exclusively as a B2B manufacturer, providing OEM/ODM services to over 30 international brands including Decathlon, PUMA, Under Armour, GAP, and Bonds. The company employs approximately 10,000 people globally and serves markets across North America, Europe, and Asia.

In fiscal year 2024, Jasan Group achieved annual sales of 2.318 billion RMB, representing 6.84% year-over-year growth, with net profit of 261 million RMB (up 20.60%). A significant milestone was reached as seamless sports apparel revenue (1.347 billion RMB, 58.1% of total) surpassed cotton socks (971 million RMB) for the first time, marking the company's successful transition toward higher-margin products. This shift toward seamless manufacturing, which offers greater technical barriers and profitability, demonstrates Jasan's strategic evolution from a traditional "cotton socks manufacturer" to a high-tech seamless apparel producer.

Jasan Group's competitive advantages lie in its full vertical integration—from yarn spinning to finishing—and its dual-production base strategy that leverages China's R&D and high-value manufacturing capabilities alongside Vietnam's cost-competitive, large-scale production. The company has cultivated over decade-long strategic partnerships with major international brands, ensuring stable order flow and high customer retention. Despite its limited brand recognition among consumers, the company is regarded as an industry benchmark and a "hidden champion" in the global sports apparel supply chain.

Looking ahead to 2025 and beyond, Jasan Group plans to deepen its seamless apparel business by advancing toward ODM/JDM models with greater design involvement, expanding automation and "smart factory" capabilities, and strengthening ESG initiatives including sustainable materials. The company is also exploring new production locations in Southeast Asia and targeting new customer segments such as emerging sports brands and outdoor companies, while maintaining its core business focus.

VerityRank Score

VerityRank Score of 87/100

Quick Facts

Headquarters

Hangzhou, Zhejiang, China

Founded

1994

Employees

10K+

Market cap

$556 M

Presence

30+ Countries

Listing

SSE: Listed

Categories
Textile & ApparelMen's Clothing IndustryMen's Sportswear IndustryMen's Tops IndustryMen's Underwear IndustryPerformance Accessories IndustrySocks BrandsSocks FactoriesTextile & Apparel Industry BrandsUnderwear ManufacturersWomen's Clothing IndustryWomen's Tops IndustryIntimates & Hosiery ManufacturersSports & Outdoor Gear ManufacturersIndustrial Automation Systems Industry

15 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: SSE:603558