Can The Leather Industry Reproduce The Bull Market Of Glyphosate?

< p > > a target= "_blank" href= "http://www.91se91.com/" > leather < /a > industry is made up of a target= "_blank" href= "href=", "shoes" and "fur", "fur", "fur", "fur", "fur", "clothing" and "clothing", which has been developing rapidly in recent years. In 2012, the annual output value of the industry reached 1 trillion and 50 billion US dollars, an increase of 14% over the previous year, and the total export volume reached 79 billion US dollars in the whole year. The surplus reached 68 billion 290 million US dollars, accounting for 29.5% of China's trade surplus.

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< p > at the same time, in recent years, extensive development mode also exposed environmental problems such as groundwater and air pollution. For example, the leather factory of Xiapu Township in Fujian has been exposed to pollution, smoke and sewage, such as ink, pungent chemical raw materials, garbage and rotten smell. The shrimp, razor clam, clam seedlings and other fishermen and villagers who live near the factory have disappeared. Villagers have been living in a stench environment for a long time.

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< p > however, as for the "a href=" http://www.91se91.com/news/ "leather industry < /a" itself, it has faced the plight of low added value, vicious competition and oversupply. Moreover, export products are easy to be set up trade barriers in other countries. The strictness of the environmental protection policy can promote a large number of small and medium enterprises that are not up to standard, and push the industry pformation and upgrading.

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< p > it is reported that the Ministry of industry and the Ministry of industry has led the drafting of the "leather industry access conditions" has completed the first draft, plans to be issued at the end of the year, and will be implemented early next year.

At the same time, we are ready to entrust the China Leather Association fur Specialized Committee to make the < a href= "http://www.91se91.com/news/index_c.asp > fur industry < /a > access conditions".

Moreover, the pollutant discharge standards of synthetic leather industry will also be upgraded. The new standard is expected to be introduced in the year and implemented next year.

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< p > and these upcoming entry conditions or standards will increase environmental protection measures to eliminate backward production capacity, limit the overall operating rate of the industry and reduce the supply of products. For example, the Wenzhou synthetic leather industry upgrading plan proposed in January this year pointed out that before the end of December 2015, the production line of synthetic leather enterprises in Longwan district (including hi tech Park) and Wenzhou economic and Technological Development Zone was reduced by more than 50%.

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The enterprises with the leading position are expected to benefit from P.

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< p > the listed companies in leather industry mainly have double elephant shares (002395), wo Xin shares (002343), Amway shares (300218), etc.

Among them, He Xin stock is located in Zhejiang area. It is the most complete production enterprise in the domestic PU synthetic leather industry with the largest scale of production capacity and the supporting industry chain.

Its products cover the whole production chain of PU synthetic leather, and the products are dominated by high-end products, occupying the market share of China's high-end PU < a href= "http://www.91se91.com" > synthetic leather market < /a > 13%.

In addition, a joint venture with Japanese enterprises was established in 2011.

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"P" and the "double elephant" stock has completed the research on the key technologies of the artificial leather "a href=" http://www.91se91.com/news/index_c.asp > the synthetic leather industry < /a > the only national "863 project" - ultra-fine fiber < a href= "http://www.91se91.com/news/index_c.asp" > Super leather < /a > key technology.

The output of eco leather products is second in the industry, and PVC is the leading industry in the industry. In the field of ball leather, the company is the leader of the industry, and the market share of middle and high end football leather is over 70%.

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< p >, however, we should pay attention to the risk of declining performance.

In the first quarter, He Xin shares realized net profit of 10 million 800 thousand yuan, down 38.61% compared with the same period last year, and predicted that the net profit margin of 1-6 months was -10%-20%.

The double elephant shares achieved net profit of 3 million 920 thousand yuan in the first quarter, a decrease of 47.57% compared to the same period, and the net profit margin in 1-6 months is expected to be -30%-15%.

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