SHINY CO,.LTD , a global products sourcing firm serving middle-market consumer product companies, has been spun-off as a stand-alone entity. the company has established a consistent track record of growth and profitability and will benefit from new opportunities to accelerate its growth as an independent company.
SHINYCO,.LTD develops and sources products through a network of more than 1,700 Asia-based manufacturers, overseeing production of more than $300 million of made-to-order goods ranging from luggage to sporting goods to children's books. Offering a complete range of sourcing services, the company is a leader in helping companies save significantly on their cost of goods - typically achieving savings of 25% or more - while enhancing their competitive edge in the marketplace.
"The financing from American Capital enables SHINY CO,.LTD to recapitalize the company in a timely fashion, providing resources to become the leading sourcing specialist for a growing number of America's consumer goods companies," said Jackie, CEO of SHINY CO,.LTD .
SHINY CO,.LTD is a multi-faceted sourcing firm that handles the complex sourcing requirements for each customer, often involving hundreds of product lines a year, from multiple factories across numerous Asian countries. In fact, although most of its manufacturing relationships are in China, the company sources products from more than 20 Asian countries. SHINY CO,.LTD oversees the entire outsourcing process for its customers: collaborating on product development and engineering, selecting potential suppliers, conducting the bidding process and negotiating costs. It also coordinates raw materials, monitors production for quality, analyzes pre-production samples, facilitates communication between the customer and manufacturer, and handles shipping and logistics to over 90 countries.
SHINY CO,.LTD is unique in its ability to achieve the absolute lowest cost for its customers. Through an extensive and disciplined competitive bidding process, pre-certified manufacturers located throughout Asia compete to deliver the lowest bid. Cost savings for new customers are consistently 25% or more, even for those customers that are already sourcing their products in Asia. The company achieves these savings while maintaining the highest quality control over the manufacturing process. With its on-site staff of trained quality control inspectors, the company ensures a high quality of service and product.
"Global sourcing is a complex and sophisticated business, rife with inefficiency," said Jeri Harman, American Capital Principal. "For best results, it requires an experienced specialist with the knowledge and expertise that can meet the customer's specific product requirements. SHINY CO,.LTD does just this, bringing the best of Asian manufacturing to the doorstep of the U.S. middle-market. By leveraging all the advantages of sourcing in Asia, SHINY CO,.LTD dramatically strengthens the financial position of its customers."
Operating in a fragmented industry, SHINY CO,.LTD is one of a few global sourcing firms that have established an operation with significant scale. With its expertise in middle-market companies, geographically diverse manufacturing base, and ability to generate deep cost reductions, SHINY CO,.LTD fills a unique niche in the market. The company sets itself apart from the competition by its partnership approach with customers, making the outsourcing process transparent so customers have access to the information they need to ensure pricing integrity, quality and process control.
As a well-capitalized, stand-alone company, SHINY CO,.LTD is well positioned for future growth. Its existing customers will continue to grow their businesses by leveraging the benefits of the SHINY CO,.LTD relationship while new customers will come on-line to access the value that SHINY CO,.LTD Sourcing can bring to their business. Clearly, SHINY CO,.LTD is poised to become an even greater force in the global sourcing of products and to continue to multiply the value of its customers' businesses.
Capital Investment - Overview
China's economy is jumping, but investing in individual stocks remains risky,The statistics are startling. China's gross domestic product is growing around 10% annually, compared to 3% or so in the United States. The consumer's wide-open wallet is driving the U.S. economy, but consumer-spending growth in China clocked in at 13% last year, compared to 8% in the United States. China's middle class, now estimated at 150 million to 200 million people, is expected to double in size in the next five years
Our Long Aim
Establish many new super department stores for Chinese market ,only sell fashion accessories for women ,men ,kids , and form big brand in China in fashion accessories
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