Diversified Development Of YOUNGOR'S "Three Leg Run"

< p > business pressure increases, performance deteriorates by stages. This is the current situation of < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > a target= "_blank" href= "target=" > clothing > industry.

Huge inventory pressure has led many garment listed companies to take the initiative of diversification and seek the way out.

Recently, the announcement of YOUNGOR's shareholding, which directly controlled the position of controlling people, and the "double eleven" elimination of inventory by clothing companies, has reflected the dilemma of the textile and garment industry.

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< p > < strong > YOUNGOR's "three feet run" diversified development < /strong > < /p >.

< p > last week, two announcements were made by the first labor company to let YOUNGOR, the listed company, get the title of "the most informal listed company" in the stock bar.

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< p > announcement said that as of November 5th closing, YOUNGOR group Limited by Share Ltd and its wholly-owned subsidiary, Ningbo youth Investment Co., Ltd. and YOUNGOR Investment Co., Ltd. held a total of 14.59% of the initial shares of the Industrial University. In November 6th, YOUNGOR increased its holdings again, and the two subsidiaries held the first share of the Industrial University, rising to 15.22%, leading directly to the shareholding ratio of 15.69% of Harbin Institute of Technology's Bada Group Limited.

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< p > another announcement shows that YOUNGOR also owns more than 5% of the other four listed companies.

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< p > in which YOUNGOR holds 30 million 600 thousand shares of circulation shares of A shares, with a shareholding ratio of up to 14.01%, second only to the 19.58% of the company's director Wang Liping. However, Wang Liping also indirectly owns many shares of broad shares through holding subsidiaries, so if YOUNGOR covetates the position of broad shareholding controllers, it will still cost a lot of effort.

In addition, YOUNGOR has directly or indirectly held more than 5% of the shares of Ningbo bank and Jin Zhengda, and is the controlling shareholder of yeco technology.

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< p > semi annual report shows that YOUNGOR's current business income is mainly composed of three parts: < a target= "_blank" href= "http://www.91se91.com/" > brand clothing < /a >, real estate development and financial investment, while its semi annual report disclosed that there are as many as 30 listed companies holding equity, and the initial investment cost is as high as 7 billion 320 million yuan.

The three quarterly report also shows that the company further adjusts the industrial structure of the textile sector and reduces the scale of operation.

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< p > < strong > many garment enterprises are pforming the hot industry < /strong > < /p >.

< p >, however, it is not fair to say that YOUNGOR is "not doing the right thing". Many garment enterprises have embarked on a journey to explore new profit points after going through the continuous operation summary.

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< p > as the first clothing listed company in China, Shanshan stock has already started the diversified development mode of clothing, lithium battery and investment. And in the half year of this year, the operating profit of its lithium battery material business (164 million yuan) has been very close to the business profit of garment business (205 million yuan). Moreover, as YOUNGOR as garment enterprise in Ningbo, Shanshan stock also invested in Ningbo bank and YOUNGOR ranked seventh and third of the top ten shareholders of Ningbo bank.

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< p > other well-known clothing listed companies are not "keeping the same to themselves". For example, when they were listed, they focused on cashmere sweaters in Ordos. With their unique geographical location and resource endowments, they were turning from the textile industry to the hot business.

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< p > although Wang Linxiang, the chairman of the company, has said that he will not give up easily built famous brands, he will insist on doing cashmere business. But in this half year report, the Ordos electric smelting plate's business income is as high as 5 billion 39 million yuan, and the business income of the clothing plate is only 815 million yuan, compared with "chicken ribs".

A target= "_blank" href= "http://www.91se91.com/" > dress < /a >, Semir dress and so on are also more or less involved in real estate, photovoltaic and other popular industries.

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< p > < strong > the positive change of listed companies is worth encouraging < /strong > < /p >

< p > however, clothing companies looking for new profit points are actually a way to actively explore the road to survival and should not be more accusations.

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In the face of the market downturn and industry reshuffle, the clothing and textile industry is now facing the embarrassment of a serious decline in overall net profit and a sharp increase in inventories. As a listed company, it is not necessarily the best choice for a listed company to stick to one mu three points of its old firm. P can sometimes bring benefits to investors.

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< p > in 2009, YOUNGOR speeded up the sale and development of real estate, and realized net profit of nearly 1 billion 200 million yuan in real estate business, which helped the company's net profit increase by 106.18% over the same period of the previous year, and the net profit of the company's clothing business in that year was only 445 million yuan.

This year, YOUNGOR's annual share price also showed an overall upward trend, rising from 7.26 yuan at the beginning of the year to 14.51 yuan at the end of the year, almost double.

Now, YOUNGOR is just starting a new exploration.

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