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,
ChinaEst. 19843K+SZSE : 002404
Business Nature
Vertically integrated silk industry chain group:
• Own-brand operations centered on Jinsanta
• Full-chain control from cocoon procurement to end retail
• OEM services for international brands providing silk fabrics and finished products
Full industry chain control:
• Proprietary cocoon bases Yunnan, Guangxi
• Jiaxing Silk Industrial Park weaving, dyeing, finished products
• Intelligent warehousing and logistics center
Core Business Areas
Sleep Sets — [Core Advantage Category]
• 6A Grade Mulberry Silk Sleep Sets: Crafted from premium 6A grade mulberry silk, fabric weight 19-22 momme, emphasizing breathable, skin-friendly comfort
• Washable Silk Sleepwear: Patented technology treatment addressing the challenge of silk care, machine washable
Robes — [Core Advantage Category]
• Silk Bathrobes: Crafted from heavyweight silk 22+ momme, featuring excellent draping
• Japanese-Style Kimono Robes: Incorporating Eastern aesthetics in design, silk blended materials
Homewear
• Silk Home Dresses: Camisoles, nightgowns, etc., utilizing various silk fabrics such as crepe de chine and plain chiffon
• Silk Blend Cardigans: Silk blended with cotton or linen for enhanced practicality
Category Numbers: 12.1, 12.2, 12.3
Note: Jinsanta does NOT engage in pure cotton, flannel, or other non-silk homewear, nor slipper categories. Focus remains on the premium silk market segment.
Company: Zhejiang Jiaxin Silk Corporation Ltd. | Field: Report
Zhejiang Jiaxin Silk Corporation Ltd. – Summary
Zhejiang Jiaxin Silk Corporation Ltd. is a vertically integrated silk industry group headquartered in Jiaxing, Zhejiang Province, China. Listed on the Shenzhen Stock Exchange (A-share, stock code: 002404.SZ), the company operates a complete silk production chain spanning cocoon purchasing, silk reeling, weaving, dyeing, printing, garment manufacturing, and brand retail. Its core business model follows a "manufacturing + brand" dual-drive strategy, serving international fashion brands as a B2B supplier while developing domestic consumer brands such as "Jinsanta" (specializing in silk intimates and loungewear) and "Daisha" (premium women's fashion). With approximately 3,000 employees and industrial operations centered in a 1,000+ acre modern industrial park, Jiaxin Silk represents the only fully integrated silk industry chain listed company on China's A-share market.
For fiscal year 2024, the company reported annual revenue of 3.872 billion RMB, with manufacturing and supply chain services (B2B) accounting for roughly 70% of sales and domestic brand operations (B2C) contributing about 30%. Its production base in Jiaxing integrates weaving, dyeing, garment manufacturing, and logistics, while raw material bases in Guangxi ensure supply security. The company produces tens of millions of meters of silk fabric and silk garments annually, positioning it among the top silk manufacturers globally. Retail operations combine online channels (Tmall, JD.com) with several hundred offline stores and counters nationwide, though e-commerce remains the primary sales driver.
The company received a brand heat score of 600/1000, reflecting its status as an undisputed leader in China's silk supply chain with strong industry recognition and solid financials, but limited consumer brand awareness. While "Jinsanta" has gained some reputation in the silk intimates niche, the company faces significant gaps compared to mainstream domestic brands in fashion visibility and market reach. This "B2B strong, B2C weak" positioning highlights the classic challenge facing traditional manufacturers seeking to evolve into consumer-facing brands. Jiaxin
