Jingwei Textile Machinery: Textile Machinery Industry Leader &Nbsp; Overfall Rebound Is On The Trigger.

The recent stock index maintained a weak shock pattern, but some stocks began to be active.

The company's main products are cotton textile full process equipment, including four categories of natural textile fiber machinery, chemical fiber textile machinery, weaving machinery, textile machinery parts and accessories, etc., which has a high share in the Chinese textile machinery market. Its products are sold throughout the country and exported to more than 40 countries and regions. It is a leading textile machinery industry with the background of central enterprises.

The main textile industry of our company recovered faster. After entering 2011, the textile machinery orders increased, sales revenue and profits increased significantly over the same period last year.

By strengthening cost control, the company effectively reduces product costs while improving product prices.

At the same time, the company complies with the situation of structural demand changes in the textile machinery market, and develops high-speed, efficient, energy saving and environmental protection products, so as to enhance the competitiveness of the company's products market.

The main highlight of the company lies in the diversified development strategy: the company invested 1 billion 200 million yuan to buy the 36% stake in Zhongrong trust held by Zhongzhi group, thus developing trust business and related financing lease business related to textile machinery.

Trust industry is regarded as a new industry in China. Since 2006, with the rapid development of China's economy and enterprises,

In addition, the company's performance has increased significantly since last August when the trust fund was incorporated into the company's statements.

According to the first three quarter report released by the company in October 20th, the net profit of the company in the first three quarters of the first three quarters was 464 million yuan, an increase of 341.06% over the same period last year.

In the two tier market, the stock went through a pre continuous adjustment and a drop of over 30%, and the overfall was obvious. After experiencing the full release of the adjustment pressure, the low volume rebounded on Tuesday issued a short-term stabilization signal, and taking into account the excellent performance of the company's trust industry and main business, the company's current stock index has certain advantages.

It is expected that the short term stock market is expected to rebound, and Hunan gold card suggests that investors should pay attention to it.