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    Small Pig IPO Submitted To Apply For Children'S Clothing More Exposure Failed To Pass

    2013/2/28 16:50:00 27

    Clothing Enterprise IPOPIGA BankGarment Manufacturer

    < p > although a href= "http://www.91se91.com/news/index_cj.asp" > clothing enterprise IPO "/a" has been repeatedly denied since last year, it has not affected the industry's enthusiasm for befitting the capital market.

    Last Friday, the Guangdong pig pig clothing Limited by Share Ltd (hereinafter referred to as "little pig banner") entered the IPO queue list of the SFC, which is a children's clothing manufacturer from Dongguan. The current audit status is in the first instance.

    < /p >


    < p > public information shows that the brand of "pig pig" has already started operation as early as 1996, and has now developed into a children's clothing enterprise integrating research and development, production and sales.

    < /p >


    < p > China Network Financial reporter found that when the relevant information was revealed, pig pig has been exposed for many times because of the unqualified product quality, and the recent problems of clothing industry, its A share listing will not be smooth.

    < /p >


    < p > for a garment manufacturer, the quality of the product is related to the brand vitality and business performance of the enterprise.

    Pig pig also declared that "quality is life" and was granted the legal right to use the national registered quality credit AAA logo in 2011.

    It is reported that the product with the logo means that the products and services of the company are reliable and reliable globally.

    However, it is precisely such a "quality credit AAA" enterprises, but often because of product quality unqualified exposure.

    < /p >


    < p > as early as 2008, on the eve of the "61" children's day, the quality problem of pig pig was exposed.

    Shanghai industrial and Commercial Bureau found that a child's sling dress was not qualified for the production of children's clothing. The product's color fastness to perspiration was below the standard requirement, and there was also a quality defect of color fastness to rubbing.

    It is understood that clothes with poor color fastness will cause pigments to fall off when they touch rainwater and sweat. Dye molecules and heavy metal ions may be absorbed by the skin, thereby endangering human health.

    < /p >


    < p > even in the preparatory stage of A share listing, pig pig has frequently exposed quality problems.

    In May 2011, a sampling survey conducted by the Xi'an Quality Supervision Bureau showed that nearly 20% of the local children's clothing had quality problems, and the "little pig banner" was on the blacklist.

    In the two quarter of the same year, in the sampling inspection of the Wuhan Bureau of industry and commerce, a small batch of batches of 111251645591160 a href= "http://pop.sjfzxm.com/popimg/fz/index.aspx" > Tong round collar short sleeved sweater < /a > was found unqualified.

    According to the standard requirement, the pH value of the qualified product should be 4.0~7.5, and the detection value of the product is 8.2, which exceeds the standard requirement.

    The pH value is too high or too low is not good for the human body, will reduce the skin's immunity, may cause skin allergy or dermatitis.

    < /p >


    < p > besides the frequent disappearance of clothes, the children's shoes produced by pigs are hidden.

    In January 2011, the * China Youth Association announced that the children's shoes were not included in the list of children included in the pig products.

    In addition to the inconformity of product identification, there are also problems such as poor folding resistance and distinct odor emission.

    < /p >


    The quality management ability and attitude of Piglet's P have to be questioned. What is the development and growth of an enterprise that does not cherish life? What is profit for shareholders? < /p >


    Less than P, it is worth mentioning that the management of small pig is not reflected in the weak sense of fire safety. The company has listed the fire safety committee of Dongguan city on the blacklist.

    In 2010, Dongguan announced the first four units of fire safety "no capacity". After preliminary inspection, the ability of small pig to eliminate fire hazards is not up to standard. Although preliminary rectification has been made, it is still unqualified.

    < /p >


    At the same time, the current situation of the clothing industry of pig P is not optimistic.

    In the first quarter of 2012, the a href= "http://www.91se91.com/news/index_f.asp" listed on the A shares > the textile and garment enterprises < /a > showed a significant decline in overall performance.

    < /p >


    < p > data show that the textile and garment industry achieved a net profit of 2 billion 647 million yuan in the first quarter, down 11.17% from the same period last year, a decrease of 15.51% compared with the same period, and it has been the two consecutive quarterly decline in performance.

    From the point of view of operating income, the textile and garment sector achieved 40 billion 270 million yuan in the first quarter, a decrease of 2 billion 522 million yuan, a decrease of 5.89%, and this index has been declining for two consecutive quarters.

    In addition to poor performance indicators, garment enterprises are also facing high inventory, overcapacity, high rental costs and low export.

    < /p >


    < p > in addition, the SFC has been very strict in the listing of garment enterprises, and the rate of garment enterprises passing is very low.

    In 2011, garment enterprises became the hardest hit area of A share IPO. Only 5 out of the 11 listed companies were over, and the rate of passing was only 45%.

    A few days ago, IPO, a well-known clothing brand, Hai Lan's home also stopped at the SFA's issuance examination committee.

    It is not a good choice for the pig to take the A share listing at this time.

    < /p >

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