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2014-04-16

LECTRA: Ruyi Group and Lectra build strategic alliance

FOR IMMEDIATE RELEASE

Ruyi Group
and Lectra build strategic alliance

Ruyi Group expands operations with Lectra's lean cutting room

Paris, April 16,
2014
-
Lectra, the world leader in integrated technology solutions dedicated to
industries using soft materials-fabrics, leather, technical textiles and
composite materials-is pleased to announce a strategic partnership with
Chinese textile and apparel manufacturing giant, Ruyi Group. Lectra will
support Ruyi in expanding operations at their Taian plant in order to supply
a growing number of international luxury menswear clients, as well as an
increasing number of their own brands. Lectra will work with Ruyi to
implement an integrated manufacturing project by supplying best-practice
expertise and process optimization consulting as well as hardware and
software solutions, to rollout new operations under a lean manufacturing
methodology.
Headquartered in China's Shandong province, Ruyi boasts one of the world's
largest industrial supply chains for wool and cotton processing. With
revenues of more than $5 billion and over 30,000 employees, the group has
public companies in Japan and China as well as subsidiaries in 36 countries
around the world. They are a global leader in innovative textile processing
and also a major end-garment supplier for international luxury menswear
brands. Ruyi has a complete vertical fashion supply chain and is evolving
towards a hybrid brand/manufacturing business model to optimize their
resources, which range from farms to clothing stores.

Founded in 1972, Ruyi's main business traditionally lay in fiber and fabric
production. Part of their new strategy is to capitalize on this expertise
while moving deeper into the value chain by boosting manufacturing operations
and adding cutting and sewing capacity. By having an end-to-end manufacturing
chain in place, Ruyi will not only better serve their customers, but also
optimize development and manufacturing for their own brands. Ruyi will thus
be able to minimize costs, shorten time-to-market and better control quality.
At the heart of the project is the installation of a lean-ready cutting room,
covering industrialization, pre-production and fabric cutting.

"We chose to partner with Lectra because they share our vision, both in terms
of growth strategies and product positioning. Both Lectra and Ruyi are
industry leaders in technology development, brand innovation and high-end
products," comments Qiu Dong, President of Ruyi Group. "In addition, we also
have state-of-the-art R&D facilities and excellent innovation teams. To
follow fashion industry trends, Ruyi is in urgent need of world-class,
intelligent systems with advanced information technologies. We want to build
a long-term, strategic relationship between Lectra and Ruyi. In doing so,
Ruyi will be able to make the most of its current resources, leverage its R&D
team and transform traditional methods with leading information technologies,
thus promoting the growth of the textile industry in China and even in other
countries around the world," he concludes.

Lectra will work with Ruyi to implement best practices and optimize Ruyi's
manufacturing process to move to a lean approach for their apparel design and
production for a highly efficient and smart menswear production line. The
ultimate objective for Ruyi is to establish a globally integrated garment
supply chain.

"I am impressed by Ruyi's vision, which combines a strong heritage with a
thirst for innovation. It is rare to see companies of this magnitude with
such an entrepreneurial spirit. Ruyi is not only impressive in terms of size
and experience, but also because they are agile and ahead of the times.
Working closely with Ruyi is an exciting challenge, which will take both
companies to the next level," says Daniel Harari, Lectra CEO.

About Ruyi Group

Shandong Ruyi Science&Technology Group (the former Shandong Jining Cotton
Textile Factory established in 1972), is a global leader in innovative
textile technologies. It owns a number of national technology centers and PHD
workstations, and holds patents for hundreds of technologies and innovations.
Ruyi has been listed as National New Product Development Base for Textile
Industry by China National Textile and Apparel Council. With businesses
covering areas such as wool spinning, worsted fabrics, textile&clothing,
cotton textile, cotton printing and dyeing, knitting, fiber, jeans, home
textile and real estate, Ruyi Group has the largest industrial chains of wool
textile and cotton printing&dyeing in the world. With 20 wholly-owned and
stockholding subsidiaries and 30,000 employees, the Group registered the
sales revenues of over RMB 30 billion in 2013, while total volume of
imports&exports exceeding USD 1 billion.

For more information, please visithttp://www.chinaruyi.com

About Lectra

Lectra is the world leader in integrated technology solutions that automate,
streamline and accelerate product design, development and manufacturing
processes for industries using soft materials. Lectra develops the most
advanced specialized software and cutting systems and provides associated
services to a broad array of markets including fashion (apparel, accessories,
footwear), automotive (car seats and interiors, airbags), furniture, as well
as a wide variety of other market sectors, such as aeronautical and marine
industries, wind power, and personal protective equipment. Lectra serves
23,000 customers in more than 100 countries with 1,400 employees and $270
million in 2013 revenues. The company is listed on NYSE Euronext.

For more information, please visitwww.lectra.com

Contact - Lectra Headquarters / Press Dept.:
Nathalie Fournier-Christol

E-mail:n.fournier-christol@lectra.com
Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40

Lectra_Ruyi_press release
http://hugin.info/143494/R/1777973/607110.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LECTRA via Globenewswire

HUG#1777973

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