Brand VerifiedChina

Zhejiang Mengna Knitting Co., Ltd.

Mengna

Zhejiang Mengna Knitting Co., Ltd. is one of the world's largest hosiery production bases and a iconic brand and manufacturing giant in China's sock industry, headquartered in Yiwu, Zhejiang. Founded in 1994, its core business comprehensively covers basic hosiery (socks, stockings, pantyhose), functional hosiery (compression socks, sports socks, antibacterial socks), and seamless underwear (bras, panties, shapewear). In 2025, sales reached approximately RMB 4.25 billion, with products exported to over 70 countries, ~4,800 employees, four intelligent factory zones, over 8,000 advanced knitting machines, and an annual capacity of 680 million pairs. As a privately held family enterprise, Mengna continues to lead global hosiery in smart manufacturing and sustainability through its "Future Factory 3.0" digital upgrade and full industry chain vertical integration.

Strengths: Mengna's core strengths lie in its globally leading large-scale smart manufacturing capabilities and full industry chain vertical integration, with over 8,000 advanced Italian Lonati machines and 680 million pairs annual capacity; the "Future Factory 3.0" has increased production efficiency by 45% and reduced labor costs by 30%. As a core OEM partner for H&M, PUMA, Walmart and other international giants, its B2B foundation is exceptionally solid. In 2025, it achieved the highest global certification for rPET recyclable polyester, successfully entering the European premium environmental protection market. Its product portfolio covers basic hosiery, functional hosiery, and seamless underwear, with industry-leading technical R&D and quality control systems.

Weaknesses: Mengna's main weaknesses stem from its family-owned structure, which limits aggressive capital deployment, and its owned brands ("Mengna", "Patriot") — though well-known in China's mass market — lag behind emerging DTC brands in fashion-forward and youth-oriented transformation. In 2025, U.S. tariff policy impacts narrowed North American OEM margins by 6.5%, forcing partial capacity relocation. Overseas markets remain heavily reliant on ODM/OEM models, with low international penetration of its own brands. Historically, it has encountered liquidity difficulties due to cross-border finance and real estate. Although these issues have been resolved, its financial stability still requires long-term observation.

Business Nature

Independent manufacturing enterprise with high-end leading ODM/OEM capabilities. Possesses a complete vertically integrated supply chain spanning from yarn spinning and weaving to finishing and packaging.

Core Business Areas

Company: Zhejiang Mengna Knitting Co., Ltd. | Field: Core Basic Hosiery: Core Business Ankle socks, no-show socks, quarter socks, knee-high socks, boat socks, athletic socks, business socks, and fashion graphic socks catering to all age groups. Functional Socks: Core Business Compression socks, antibacterial and odor-control socks silver ion technology, thermal insulated socks, non-slip indoor socks, five-toe socks, and two-toe socks.

Industry Rankings

5Manufacturer Rankings in the Socks Factories Industry

Mfr

Corporate Report

Zhejiang Mengna Knitting Co., Ltd. is a private, family-controlled Chinese sock manufacturer headquartered in Yiwu, Zhejiang Province, founded in June 1994. It holds the distinction of being China's first sock company to receive both the "China Famous Brand" and "China Well-Known Trademark" designations. The company operates primarily in two segments: regular socks and functional socks, producing a full product range from ultra-thin stockings to professional athletic and medical compression socks. In 2025, Mengna generated approximately RMB 4.25 billion (approximately USD 5.9 billion) in global annual sales, with China market revenue of approximately RMB 2.38 billion. The company employs approximately 4,800 personnel globally.

Core Business

Basic Hosiery serves as Mengna's core business, encompassing ankle socks, no-show socks, quarter socks, knee-high socks, boat socks, athletic socks, business socks, and fashion graphic socks catering to all age groups. Functional Socks represent a key differentiator, including compression socks, antibacterial and odor-control socks utilizing silver ion technology, thermal insulated socks, and non-slip indoor socks. Mengna is structured as both a self-production enterprise and a high-end OEM/ODM manufacturer, with fully integrated operations spanning from yarn spinning to weaving and final packaging.

Global Presence

Mengna operates as one of the world's largest sock production bases, with its headquarters and primary manufacturing complex located in Yiwu, Zhejiang. The company completed its "Future Factory 3.0" digital upgrade in 2025, significantly enhancing automated production capabilities. The vertically integrated supply chain spans from fiber production to finished packaging, enabling complete control over quality and costs. Mengna serves as a core strategic supplier to global fast fashion giants including H&M, PUMA, and Marks & Spencer, as well as retail giants Walmart and Target.

Key Strengths

Mengna's competitive advantages include being China's first sock company to achieve "China Famous Brand" and "China Well-Known Trademark" status, establishing significant brand equity. The company's complete vertically integrated supply chain, from yarn spinning through weaving to packaging, provides exceptional cost control and quality assurance. With a brand heat score of 82/100, Mengna maintains a top-three brand awareness ranking in China's sock market. The company's automation upgrades have reduced workforce by approximately 30% since 2020 while significantly improving per-capita productivity, enabling competitiveness against lower-cost manufacturing regions.

VerityRank Score

VerityRank Score of 82/100

VerityRank Score

82/ 100

Based on market presence, financial scale, operational capacity, and brand strength.

Quick Facts

Headquarters

Yiwu, Zhejiang, China

Founded

1994

Employees

4.8K+

Listing

Private / Unlisted

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: Refer to the official company website and public filings.

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