Company N is a local traditional knitting manufacturer, with attempts to develop new product lines for high value added products. Targeted at thermal functions, it obtains a patent from a research institute and forms a research team to develop different thermal products. With the speciality in knitting, it develops heating knit panel through 3D knitting technology using conductive yarn and natural fibers. The yarn heats up within 30 seconds by the portable 5V/2A power. A series of knit products have been created, including an eye mask, knee sleeve, wrist wrap, calf sleeve etc.
As a traditional manufacturer, the company uses its strength in knitting and invested in the development of high value added products, through which a new business branch has been established based on the traditional model. It is practical to realize the first step of re-industrialization in Hong Kong from an innovative product line. The development flowchart is illustrated as follows.