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The Group experienced a rapidly changing and challenging period with keen competition among fabric producers. Sales decreased by 64.6% from RMB 232.2 million in 1Q11 to RMB82.2 million in 1Q12, as a result, the Group suffered a net loss of RMB4.4 million in 1Q12. Continue with strategy of developing new products while developing other reputable international apparel brands customers to increase revenue...
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