Shoes Listed Enterprises In Jinjiang: The Power Of Example

The Jinjiang plate is thriving. Last Friday, Fujian seven wolves industrial Limited by Share Ltd (hereinafter referred to as "seven wolves"), the plum blossom umbrella industry Limited by Share Ltd (hereinafter referred to as "plum umbrella") and Fujian Feng Bamboo textile Polytron Technologies Inc (hereinafter referred to as "phoenix bamboo textile") have appeared in the annual report of enterprises. Prior to this, Anta and Heng An's annual report also announced. Statistics show that Anta's turnover last year was 3 billion 182 million 400 thousand yuan, an increase of more than 1.5 times compared with that of last year; net profit increased by 2.6 times to 537 million 800 thousand yuan; and last year, the profit of Heng an increased to HK $1 billion 10 million, up 44.4% from the previous year's 697 million yuan. "This reflects the vitality and prosperity of the" Jinjiang plate "in the capital market. Ni Zhongsen, a well-known domestic trader, said that this will also form a good circular effect, that is, the development performance of the listed companies has brought great self-confidence to the listed companies, so as to enhance the overall strength of the Jinjiang plate. In turn, the Jinjiang plate effect will be enriched, and it will also give radiation to all the listed companies and add auras. The performance of listed companies is gratifying. The annual report shows that the main business revenue of the seven wolves last year was 869 million 54 thousand and 100 yuan, with a total profit of 123 million 362 thousand and 400 yuan and a net profit of 88 million 696 thousand and 500 yuan, an increase of 79.62%, 85.51% and 77.22% respectively over the previous year. And 32.50%; Phoenix Bamboo textile realized business income of 672 million 637 thousand and 700 yuan, total profit 44 million 721 thousand and 700 yuan, net profit 36 million 978 thousand and 800 yuan, respectively, an increase of 22.95%, -21.35% and -23.57% over the same period last year. "The performance of these enterprises is very good. The net profit of only three enterprises is 23% lower than that of last year. But in general, the performance of Listed Companies in Jinjiang is expected, and the negative growth of phoenix bamboo is also due to its investment in several major projects last year without producing any benefits. Cai Sheng Gang, head of Jinjiang Business Department of CIC securities, said he was very optimistic about the Jinjiang plate. In fact, as a traditional enterprise in Jinjiang, last year was a challenging year. On the policy front, the new labor contract law has been promulgated, the export tax rebate rate has decreased, and the country has begun to limit the growth of "three high and one capital" enterprises. In the economy, the global economic downturn, the appreciation of the renminbi, the increase of raw material prices and labor costs, and the interweaving of multiple factors undoubtedly bring enormous pressure to the enterprises. However, in the face of this situation, all listed companies are actively responding to each other. Like the seven wolves to consolidate their position through terminal construction and brand building, Feng Bamboo textile improves its image by improving the technological content of products and adhering to the product's green environmental protection. Heng An takes control of various cost measures to reduce financial expenses, while the plum umbrella promotes products to the terminal by expanding outdoor leisure products. Anta's terminal construction is even more important. Anta landed in Hongkong last July. By the end of 2007, it had expanded Anta brand's retail network in China through 39 distributors, and opened 4716 Anta brand franchised retail stores. Among them, a net increase of 608 licensed retail outlets. At the same time, there are four flagship stores in Shanghai, Shenyang and Wuhan. According to industry sources, Anta will continue to open 600 stores in the mainland this year, bringing the total number of stores to 5300. "These experiences and practices are also worthy of learning from other colleagues in Jinjiang." Ni Zhongsen said. There are 10 listed companies in Jinjiang and 7 billion 828 million yuan in fund-raising. In addition, there are 64 listed companies, of which 1 have been declared to the China Securities Regulatory Commission, 2 have entered the tutorial period, and 11 have signed formal contracts with the securities companies. They have started the listing work in real time, but have not yet signed 18 enterprises with the securities companies, and are expected to declare the enterprise 5~9 home this year. Then, in the face of these reserved "brothers", should these big brothers make an example? "The growth of the performance of Jinjiang listed companies will surely promote the sound development of the whole Jinjiang plate." Ni Zhongsen told reporters that these enterprises that have been listed can be said to be leaders in every industry. Their every move has been concerned by other enterprises, and their successful experience after listing and listing is also worthy of learning and learning from the vast number of enterprises. In recent months, the domestic market has not been optimistic. This not only greatly reduces the enthusiasm of investors, but also deeply discourages the enthusiasm of the preparatory listed companies. The outstanding achievements of the listed companies undoubtedly bring new confidence to all of you. For many traditional labor-intensive enterprises in Jinjiang, deputy director Li of United Securities Co., Ltd. Hua Zhongceng said that the most important thing in listing is to enable them to transition from pure processing and subcontracting to enterprises with independent brands, independent technology and a certain market share. On the other hand, the Jinjiang municipal Party committee and the municipal government have made great efforts in the listing of Jin and enterprises. In addition to encouraging incentives and financial incentives, many well-known experts and scholars from home and abroad have been invited to give lectures, training and consulting activities for enterprises. Even the government has moved the stock exchanges and securities intermediaries directly to the door to provide a one to one service for enterprises, and has created a harmonious "capital Jinjiang plate" atmosphere. Seven wolves: terminal expansion seeks a new business model. In March 29th, the annual report of the seven wolf industrial Limited by Share Ltd showed that the company's channel construction is being implemented smoothly, which led to a substantial increase in operating revenue in 2007. In addition, Taiyuan seven wolves clothing marketing Co., Ltd. is preparing to build the message, it seems to further reveal the seven wolves to upgrade the marketing network's determination. At the same time, the industry is also worried about whether the single store profit problem caused by the expansion of marketing network will beset seven wolves. Nevertheless, there are still many fund companies firmly holding or increasing seven wolf stocks. Analysts from the securities industry believe that the upgrading of the marketing network by the seven wolves is not just extensive expansion, but may be aimed at developing a newer business model. Net income margin for operating income increase? In the year of 2007, the business growth of the seven wolf industrial Limited by Share Ltd has given the investors a proud report card. According to the annual report, seven wolves realized the main business income of 869 million 54 thousand and 100 yuan, total profit 123 million 362 thousand and 400 yuan, net profit 88 million 696 thousand and 500 yuan, respectively, increased by 79.62%, 85.51%, 77.22% compared with 2006. In addition to the positive growth of the "industrial macro environment, effective management measures, improvement of overall management capability and improvement of management level", Yang Penghui, Secretary of the seven wolf industrial Limited by Share Ltd, told reporters earlier that the expansion of marketing channel network was also the main reason. However, in the main financial indicators announced by the annual report, the reporters also found negative growth data. In the two indicators of "fully diluted net assets yield" and "after deducting the full diluted net assets yield" after non recurring gains and losses, the data in 2007 were "-5.17%" and "-6.12%" respectively compared with the 2006 value added. Chen Ping, deputy manager of the Securities Department of the seven wolf industrial Limited by Share Ltd, explained that the pressure came from nearly 600 million of the company's fund-raising in 2007, and the profit brought by business activities made the company's net assets substantially thickened. At the same time, the company's capital raising project was still in the process of construction, and the project efficiency was not yet reflected, resulting in a decline in net asset yield. In the future operation, the seven wolves will work to transform this pressure into power, further improve the company's management level, and make rational use of capital to raise the net assets yield. The seven wolves have been working hard to expand the marketing network. A report on the completion of the national marketing network construction project is also disclosed at the same time as the annual report. The instructions showed that the project of "national marketing network construction" invested by seven wolves in 2004 initial public offering fundraising was completed by the end of last year. When the marketing network is expanding, will the seven wolves keep up with the expansion? In response to the concerns of the industry, Chen Ping said that the development of new store business from small to large is a normal process, and the gathering of people around the shops also needs to be nurtured. At present, the seven wolves set up a professional business shop group to carry out preliminary research and demonstration on new stores' addresses and many other projects. Meanwhile, they support new store's display and personnel training, so as to ensure the survival rate of new stores, and continue to follow up the training of shop assistants after the opening of new stores, believing that the single store turnover of new stores will only be a temporary problem in the initial stage of growth. Reporters are concerned that in recent times, the securities industry has expressed long-term optimism about the seven wolves. Several fund companies have increased their share of seven wolf stocks, and have made footnotes for the long-term development of the seven wolves with capital movements. Several funds raised seven wolves in the list of the ten largest shareholders in the annual report of the seven wolves, and the five funds of Yi Fang Da value growth, Hua An Hongli, Anshun securities, Huabao Xingye, SME board trading index fund were impressively listed. They ranked 4.721%, 2.545%, 2.26%, 1.909% and 1.126% respectively, and ranked seven, third, fifth, sixth, seven and ten. In addition, the 601 combination of the national social security fund also holds 2170000 shares, becoming the ninth largest shareholder of the seven wolves. Looking at the past shareholders of the seven wolves, we can find that the two funds of Hua An Hongli and Anshun securities began buying wolves in the second half of last year. In the second half of last year, Yi Fang Da value increased its holdings of 5456185 stocks of seven wolves, so that its holdings of seven wolf stocks reached 8904550 shares, an increase of 158% over the original 3448365 shares. It can be seen that these funds are more consistent with the marketing action of the seven wolf expansion network. A private agency widely circulated online has identified rumors that the seven wolves are "potential varieties". This article compares the seven retailer's "retail business" mode with Gome Suning: domestic retailers, including Gome and Suning, have gradually reduced their previous "light assets" expansion, and have begun to shift to "heavy assets" operations, that is, more holding of their own property stores. Passive growth. Compared with Gome and Suning, its investment is much smaller, and the profit of products is much higher. It will be more obvious in the speed of expansion and the growth of performance. Chen Ping also believes that in the future, channel construction is likely to encounter resistance such as rent rise. The development of a new business model from the purchase of property is indeed one of the directions of seven wolves' efforts. This will also help the company to eliminate the instability of the lease property and ensure the continuity of its operation. The article said: "the first Giordano in the Hongkong market, the Giordano global sale, the ESPRIT sales company, and the popular Lining and baozi in the past one or two years have been favored by the capital market because of the expansion of channels, and the performance has indeed achieved high growth. Relatively speaking, the story of the seven wolves has just started. Feng Zhu: adjust the management structure to cope with the big environment. In March 28th, Feng Zhu textile announced its 2007 report. Data show that in 2007, the business income of Phoenix Bamboo textile was 672 million 637 thousand and 700 yuan, an increase of 22.95% over the same period last year. Compared with the growth of business revenue, the total profit volume was still 44 million 721 thousand and 700 yuan, but it decreased by 21.35% compared with the same period last year, and the earnings per share also decreased from 0.2846 yuan in 2006 to 0.2175 yuan. With the increase of operating income, why does the total profit of Phoenix Bamboo textile industry not increase correspondingly, but on the contrary, it has a certain degree of decline? For outsiders' questions, Shi Fu Chi, chairman of Feng Zhu textile, gave such an explanation: restrained by the overall development of the textile industry in 2007. The rise in raw materials led to a decline in profits. It is understood that the overall development of the textile industry in 2007 is very grim. The export tax rebate rate and the appreciation of RMB continue to rise. This has brought great pressure to the cost of textile industry, which has low profit margins. Although Feng Zhu is a listed company, it is inevitably affected by the big environment. According to the situation reflected in the report, last year, the production and operation of phoenix bamboo is facing great difficulties. On the one hand, with the upgrading of China's textile market, the continuous improvement of customers' demand for product quality and the rising price of raw materials, the competition in the textile industry is very fierce; on the other hand, the competition is fierce.