Developing In The Predicament, The Textile And Garment Sector Is Active.
Spin The clothing sector was in active growth, closing at 10:15 yesterday and three stocks trading. Huafang textile quotes 7.10 yuan, up 10.08%; public and stock quotes 10.23, up 10%; Jin Fei Da quoted 8.21 yuan, up 10.05.
The announcement of the 7 day suspension of Huafang textile, which was suspended for a day due to the announcement of major issues, said that the location of the company is expected to be included in the overall urban renewal plan of the local government. If the large land owned by the company can be revalued and collected by the government, the company is expected to receive considerable land compensation.
Huafang textile recently changed its stock price. The four consecutive trading days from July 17th to July 20th were delayed. The announcement that the land could be bought and sold was finally solved.
Futures influence, the whole cotton market is in a weak position, and the price is falling greatly. Textile enterprises generally enter into the difficult position. Although Huafang textile is an old brand manufacturer, it has not been able to do its best. From the mid 2011 to the quarterly report in 2012, the four successive reports showed a loss situation, and there is no sign of improvement at present.
Faced with the difficult situation, Huafang textile has announced in the July 20th announcement that if the industry downturn continues, new development plans will not be excluded. In fact, the company already has. Diversification The strategy of operation and development: in 2010, the company took the two major universities in China to protect the company's subsequent development of lithium battery enterprises, which can be seen as the first step into emerging industries. In 2011 and 2012, Jiangsu's New Energy Company, a company owned by the company, runs smoothly. The main lithium battery products have already met the needs of many industries and are expected to break through breakeven points this year.
Recently, the company's stock price is not affected by the operation strategy, but because the Zhangjiagang municipal government's urban development plan involves the interests of the company. The town of Tong Fang, located in the location of Huafang textile office, is located in the "Tong Qiao group", one of the "two groups" in the planning. If its large land can be revalued and collected by the government, it is expected to get considerable compensation for land price. This will undoubtedly ease the Liquidity Dilemma that the company has been in for over a year due to the slump in the industry. It will also have a positive impact on the future development of new industries and the listing of the group as a whole.
In the two tier market, the company's share price has been trading on 4 consecutive trading days from July 17th to July 20th, but the stock price has dropped again due to no substantive good announcement. Stimulated by this news, the company stock was closed on Monday and Tuesday. Price of stock It has hit a new high since the current round of rebound. We believe that the amount of land compensation that the company receives will have a greater impact on the valuation of Future Ltd. At present, due to the unknown details of the negotiations, there is still greater uncertainty, so investors can only be cautious about the stock.
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