Research and development is vital for the Group to maintain its competitive advantage. Currently the Group’s research and development team has over 50 staff. The team also makes use of its marketing network to keep up-to-date with developments in the industry.
The major objectives of the research and development function cover three areas: Product Innovation, Process Innovation and Cost Optimization. The Group’s research and development function focuses on practical areas that are closely related to the Group’s manufacturing function, including testing for products with different patterns and new features to satisfy customers’ needs and studying ways to lower production costs. The Group bases its research and development team in Panyu, where its production facilities are located, and to recruit research and development personnel locally. In doing so, the research and development function can better serve its purpose as well as take advantage of the lower operating cost in China.
The Group’s research and development team keeps in touch with market and product development trends by attending trade fairs, maintaining close contacts with customers and reviewing industry journals. They also conduct studies on new species of yarn with different features in strength, elasticity, luster, texture and colour. For each type of yarn, the team tests its application in producing different types of fabrics by applying different chemicals. Samples of these new fabrics are sent to the Group’s existing customers and potential customers. During the track record Period, the Group has successfully blended different types of yarn and applied various chemicals to produce fabrics with different functionalities including stain-resistant, water-proof and oil-proof, warmth-preservation and efficient ventilation
Apart from developing new products, the research and development team is also committed to studying optimisation of the production processes, improving production techniques and lowering production costs. The Group has increased the use of more advanced machinery and equipment to improve the level of automation and hence enhance the cost effectiveness of production.