Further Strengthen Communication And Communication Between Investment Institutions And Textile Listed Companies

Zhang Li, director of the consumer goods industry department of the Ministry of industry and information technology, vice president and Secretary General of the China Textile entrepreneur association, Yang Jun, the responsible person of textile listed companies, and a total of 60 professionals from securities companies, fund companies and insurance companies attended the seminar.

The meeting was chaired by Li Zhixian, managing director of sales and trading headquarters of Guotai Junan Securities Company.

"As a pillar industry and people's livelihood industry, China's textile industry with international competitive advantage will continue to develop in a long time to come, and no one can replace it."

In his speech, Yang Jun stressed that we should look at the textile industry from a historical and long-term perspective and regard the textile listed companies.

In his speech entitled "the development and trend of the consumer goods industry and the textile industry", Zhang Li pointed out that from the current general situation, economic growth has basically completed such a pformation - the economic growth driven by government investment under the crisis, and has been pformed into an economic growth driven by market orientation, consumption, investment and exports.

At present, China's economy is in a good and stable growth period.

A number of researchers from Guotai Junan made a keynote speech on the hot topics such as "Macroeconomic Analysis in the second half of 2010", "interpretation of the refinancing policy of listed companies and comparison of financing methods", and "market value management of listed companies under the background of full circulation".

Statistics show that as of July 2010, a total of 98 listed textile companies listed on the A share market in China.

Among them, there are 46 textile companies (including cotton, wool, hemp, silk textile and comprehensive) listed companies, including 23 clothing categories (including clothing, hat, leather, etc.), 23 chemical fiber products, and 6 textile machinery categories.

The total market capitalization of Shanghai and Shenzhen two is 25 trillion and 230 billion, and the total market capitalization of 98 textile industry listed companies is 393 billion 18 million yuan, accounting for 1.56%.

The largest market maker in textile industry is YOUNGOR, which is 25 billion 673 million yuan.

Enterprises cherish communication platform

At the seminar, representatives of textile listed companies said that the Chinese Entrepreneurs Association held such seminars, which provided a valuable opportunity for learning and communication for enterprises.

Wang Bin, chairman of Limited by Share Ltd group of Shenzhen Textile Group, said that for a textile enterprise seeking pformation or cross industry diversified development, choosing an industry is the key to choosing an industry.

Otherwise, even raising money in the capital market will not make it possible.

Wang Bin said that through many activities organized by the Federation of textile entrepreneurs over the years, many forward-looking professionals have learned a lot from them.

"Now, the gap between ordinary employees and executives is too large."

Dan Qiujuan, vice chairman of Limited by Share Ltd, Fu Shi Group, deals with salary and human resources management.

She said that how to maintain excellent talents and enable enterprises to develop healthily is a problem that textile listed companies or joint stock companies must solve.

Speaking of preserving talents, Hu Zhenchao, Secretary of Limited by Share Ltd's board of directors, introduced the company's recently announced equity incentive plan.

As the first equity incentive plan in the home textile industry, the options are widely granted, covering the middle backbone of the company's design, R & D, procurement, production and sales departments, which fully demonstrates that fuanna's management is confident of the company's future performance.

Speaking of the planning of the seminar, Zhao Yuejin, Deputy Secretary General of China Textile entrepreneur association, said: the China Textile entrepreneur association founded the Textile Research Association in 2007.

The Research Institute of the listed company holds seminars and other forms of activities every year. The purpose is to build a platform for mutual exchange and positive interaction between textile listed companies and investors, so as to achieve win-win cooperation between listed companies and investors.

"Textile industry is not a sunset industry. It has a very wide space to extend to high technology."

Zhao Yuejin hoped that through seminars, securities companies, research institutions and fund companies would be more objective to understand the textile industry and pay more attention to the development of the textile industry.

At the same time, it is also hoped that textile listed companies and listed companies will actively put forward demand and suggestions to make this exchange platform better.