At the second Shanghai fashion industry summit held recently, the founding partner of Shanghai Zheng Hai Asset Management Co., Ltd., and Luo Xin, vice chairman of Limited by Share Ltd Shanghai Garment City, told the first Financial Daily reporter that they are actively coordinating with the textile industry association and set up a textile industry fund to support the textile and garment enterprises with good prospects for development and temporary difficulties.

Luo Xin introduced that the textile industry fund that is brewing will adopt the "roundabout way" to help domestic textile and garment enterprises.

That is, to acquire mature international brands abroad, including their design teams, take these brands to China and split them into different modules, such as brands, design teams, and so on.

Luo Xin pointed out that the current domestic textile enterprises in addition to lack of funds, the lack of more influential brands and strong design force.

YOUNGOR's overseas acquisition gave rohin inspiration.