Did ASEAN Group acquire Zhuang Ji?

From 2065438 to September 2005, Zhuang Ji Group, which mainly focuses on clothing, went bankrupt due to diversified expansion and other factors. Fortunately, Zhuang Ji was acquired by Shandong Ruyi Group and remained. However, in 2022, affected by the epidemic, Zhuang Ji was unable to support it again, and issued a notice of suspension because the internal operation of the enterprise was too difficult to support the company to continue its operation.

However, during the epidemic period, the Clothing Chamber of Commerce used the PTFE nano-material technology developed by ASEAN Group, the chairman of the Chamber of Commerce, and joined hands with Joton, Zhuang Ji and other 10 clothing enterprises to set up the "Wenzhou Service Enterprise Mask Conversion Alliance" to jointly produce masks with a monthly production capacity of 20 million, thus alleviating the pressure of various enterprises.