Firstextile

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Firstextile AG

logo
legal form AG
founding 2006
Seat Frankfurt am Main , GermanyGermanyGermany 
management Fred Yang, CEO (2014)
Number of employees 766 (2012)
sales 179.5 million (2012)
Branch Textile industry
Website www.firstextile.de

The Firstextile AG is a German holding -Gesellschaft that via an intermediate holding company in Hong Kong , Ltd., controlled (China Firstextile (Holdings) Limited), the Jiangyin First Textile Co.. This company is responsible for the operative business based in Jiangyin , which produces yarn-dyed fabrics for the Chinese domestic market.

Companies

Jiangyin First Textile Co., Ltd. is headquartered in Jiangyin. The company's business areas for the 2013 financial year can be divided into general fabrics (66%), fabrics for uniforms (21%) and branded fabrics (13%). Firstextile has already supplied uniforms to customers such as China Railways , China Security Association, China Unicom and the state tax authority. The listing on the Frankfurt Stock Exchange took place on November 12, 2012. The shares were last traded on May 9, 2016 in Frankfurt. Since then, the papers have been suspended from trading. The buyback offer previously submitted by Firstextile was not honored by Firstextile.

Board of Directors and Supervisory Board

In 2014 the following people were members of the Management Board and the Supervisory Board:

  • Fred Yang, CEO
  • James Fu, COO
  • Richard Cao, CFO
  • Maggie Wang, Executive Director
  • Yann Samson, chairman of the board
  • Marco Eberhard Pabst, Deputy Chairman of the Supervisory Board
  • Chao Yu, member of the supervisory board

Web links

Individual evidence

  1. ^ Firstextile - Interim Report for the first nine months and the third quarter of 2013 , accessed on February 1, 2014