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Zhejiang Jiaxin Silk Corporation Ltd.
Manufacturer VerifiedChina

Zhejiang Jiaxin Silk Corporation Ltd.

Jiaxin Silk

Zhejiang Jiaxin Silk Corporation Ltd. (SZSE: 002404.SZ) is a leading vertically integrated enterprise encompassing the entire silk industry chain in China. Its operations span from cocoon sourcing, weaving, dyeing, and printing to finished product manufacturing. Based on its robust supply chain capabilities, the company pursues a dual-drive strategy of “Manufacturing + Branding.” Its owned brands, such as “Jinsanta,” focus on high-value-added categories like silk underwear, loungewear, premium women’s wear, and silk home textiles, while also serving as a high-end manufacturing partner for international brands. With revenue of RMB 3.872 billion in 2024, the company boasts a stable B2B supply chain business and a growing B2C branded segment, positioning it as a vital bridge between the traditional silk industry and the modern consumer market.

Strengths:Jiaxin Silk’s core strengths are its complete control over the entire silk industry chain, where vertical integration from source to finished product creates formidable barriers in quality, technology, and cost; concurrently, its advanced manufacturing and R&D capabilities as a supplier to international brands provide a solid foundation of technology and quality assurance for its own brand development.

Weaknesses:Jiaxin Silk’s main weaknesses are the relatively weak consumer brand influence of its owned brands, whose market recognition and scale lag far behind its industrial stature; simultaneously, silk as a relatively niche and high-value fabric category faces ongoing market education challenges, and the transition from a successful manufacturer to a powerful brand owner remains a formidable undertaking.
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ChinaFounded 19843K+ / 100
Listed onSZSE002404
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

002404 · SZSE · weeklyHistory →
Market cap
$454 M
Share price
CNY 5.53
1Y change
-17.8%
Recent change
+2.6%

11-02 → 11-03

Since first close
-10.7%

from 2025-09

· updated 2026-11-03

Financial history

Full market history
CNY 0$0CNY 2$150 MCNY 4$300 MCNY 6$450 MCNY 8$600 M2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11CNY 5.53$454 M+3.4%
  • 2026-10CNY 5.35$439 M-7.6%
  • 2026-09CNY 5.79$475 M+0.5%
  • 2026-08CNY 5.76$473 M-0.9%
  • 2026-07CNY 5.81$477 M+1.6%
  • 2026-06CNY 5.72$469 M-6.5%
  • 2026-05CNY 6.12$502 M-13.1%
  • 2026-04CNY 7.04$578 M+1.9%
  • 2026-03CNY 6.91$567 M-4.6%
  • 2026-02CNY 7.24$594 M+0.4%
  • 2026-01CNY 7.21$592 M+2.9%
  • 2025-12CNY 7.01$575 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
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.

Zhejiang Jiaxin Silk Corporation Ltd. (stock code: 002404.SZ, Shenzhen Stock Exchange) is a vertically integrated silk industry group headquartered in Jiaxing, Zhejiang Province, China. Listed on the Shenzhen Stock Exchange (A-share), the company operates a complete silk production chain spanning cocoon purchasing, silk reeling, weaving, dyeing, printing, garment manufacturing, and brand retail. With approximately 3,000 employees, the company serves as a leading force in China's silk industry with a brand heat score of 78/100. Its core business model follows a "manufacturing + brand" dual-drive strategy, serving international fashion brands as a B2B supplier while developing domestic consumer brands.

Core Business

Jiaxin Silk's business encompasses two primary models: B2B manufacturing services for international fashion brands and domestic brand operations. The company produces and sells various silk fabrics and terminal products (categories 2, 5, 9, 13), including high-end silk women's clothing, silk intimates, silk loungewear, and silk home textiles such as bedding and silk scarves. Its flagship domestic brand Jinsanta focuses on silk intimates and loungewear, while Daisha targets premium women's fashion. Core products include 6A grade mulberry silk sleep sets with fabric weight of 19-22 momme emphasizing breathable, skin-friendly comfort, and washable silk sleepwear featuring patented technology for machine washability.

Global Presence

Jiaxin Silk maintains full industry chain control with proprietary cocoon bases in Yunnan and Guangxi, a Jiaxing Silk Industrial Park for weaving, dyeing, and finished products, and an intelligent warehouse for logistics. As an important international silk products supplier, the company serves global fashion brands through its B2B manufacturing operations while developing domestic consumption through its proprietary brands. The company operates under the websites www.jxsilk.com (group) and www.jinsanta.com (brand), with international operations supported through en.jxsilk.com.

Key Strengths

Jiaxin Silk's competitive advantages lie in its complete silk industry chain covering virtually all stages from cocoon to finished products, enabling superior quality control and supply chain efficiency. As a leading enterprise in China's silk industry, the company possesses deep manufacturing heritage and technical expertise in silk production. The "manufacturing + brand" dual-drive strategy provides balanced revenue streams between stable B2B international orders and growing domestic consumer brand business. With approximately 3,000 employees and strong financial performance as a listed company, Jiaxin Silk maintains significant industry influence and market credibility.

VerityRank Score

VerityRank Score of 78/100

Quick Facts

Headquarters

Jiaxing, Zhejiang, China

Founded

1984

Employees

3K+

Market cap

$454 M

Presence

70+ Countries

Listing

SZSE: Listed

Categories
Textile & ApparelDresses & Skirts IndustryHome Textiles & Fabrics BrandsHome Textiles & Fabrics SuppliersWomen's Clothing IndustryWomen's Outerwear IndustryWomen's Pants IndustryWomen's Tops IndustryLoungewear & Sleepwear WholesalersEco-Friendly Printing Materials Brands

10 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 : 002404