Textile Industry Continues To Slump, Huafang Textile Recently Why Limit?

Because of the first half of this year Cotton price difference Too big, the downstream product export is weak, the domestic sales growth rate falls, our textile manufacturing industry is declining.

According to the data released by the Ministry of consumer goods industry of the Ministry of industry and commerce, 1-5 months ago, textile enterprises above Designated Size reached 21449 billion yuan in industrial output value, an increase of 11.8% over the same period last year. The growth rate dropped by 18.3 percentage points over the same period last year, and the sales and sales rate was 97.3%, a slight decrease compared with the same period last year. In 1-5 months, the yarn output increased by 14.1% over the same period last year, the growth rate increased by 4 percentage points compared with the same period last year; the output of chemical fiber increased by 15.1% compared with the same period last year; the growth rate dropped by 0.3 percentage points compared with the same period last year; the output of cloth increased by 11.6% over the same period last year, the growth rate dropped 4.1 percentage points from the same period last year; the clothing output increased by 7.2% year-on-year, and the growth rate decreased by 4.7 percentage points over the same period last year.

However, the impact of the European sovereign debt crisis is still spreading, and the subsequent impact of the international financial crisis continues to emerge. The global import volume of textile and clothing in 2011 increased by 8.6% compared with the previous year, but this year only increased by 3.4%. in 1-4 months. The EU's demand declined significantly. In 1-5 months, China's exports to the EU decreased. 11.2%.'s domestic market was affected by factors such as high prices and lack of market confidence, and also showed a slowdown trend.

In view of the downturn in the textile industry, the consumer goods industry department predicts that textile enterprises will continue to be in a difficult position in the second half of the year. Textile and garment exports will continue to grow at a low level. The overall growth of the industry will decline sharply compared with the previous year, and the deficit and deficit will be widened. More small, medium and micro enterprises will face the risk of being eliminated.

Affected by the overall situation of the industry, the textile sector is dismal and the listed companies are damaged. Among them, Luo Lai home textile (002293), Tianshan textile (000813) and ST Maya (000971) are also heavy setbacks, not only the decline in performance, loss of earnings, stocks are more than a drop.

In this regard, the textile industry entered the "cold winter", and in a depression season, it is strange that a honeysuckle Wah Mei Huafang textile (600273) is always trading in the near future.

In July 17th, Huafang textile announced two announcements. One was to increase the 40 million equity interest of Huaan securities, the second was to win a lawsuit against Zhangjiagang Hua Tian Xin Mstar Technology Ltd on the loan litigation, and the principal and the total yield amounted to 12 million 317 thousand and 700 yuan.

On the same day, Huafang textile shares hit a new low for the past two years, falling to 4.45 yuan. On the same day, the success of the announcement was reversed. The stock price turned green to red, and the market went against the market.

After three days of work, after the closing of July 23rd, Huafang textile rose more than 30% on the three day and ended up at 6 yuan.

Due to a three day trading limit and a cumulative increase of more than 20%, Huafang textile issued a notice of abnormal fluctuations in stock trading in July 20th, making a statement that there should be no major information that should be disclosed and not disclosed.

And half a month later, Huafang textile issued a notice in August 7th, saying the location of the company is expected to be incorporated into the local government's urban renewal. master plan The company is expected to receive considerable compensation for land prices. The industry generally believes that the land is expected to be stored and stored is the real cause of the change in the price of Huafang textile.

Affected by the announcement, Huafang textile stocks continued to enjoy a grand stock on that day, and the trading limit was less than half an hour after opening.

To sum up, Huafang textile's ability of honeysuckle comes from the lawsuit winning and the land price compensation which is expected to get. It belongs to the non-profit income, and its performance is not satisfactory. Huafang textile The red light of the stocks is bound to not improve the situation of the industry, and the price of cotton will remain high at home and abroad. The winter of textile industry will continue.