Hua Fengchao Fiber: Foreign Trade And New Shoes, Leather, Etc.

< p > > a href= "http://sjfzxm.com/pioneer/" > foreign trade < /a > and the increase of new product proportion are the main reasons for the growth of performance.

In the first half of this year, the scale of production and sales of the company expanded further. There were two main reasons for the increase in sales volume: first, the market demand for new products dyeable cloth, shoe leather, imitation leather developed by the company was better, and two was that exports maintained strong growth.

We expect that the sales volume of its products will increase by more than 30%. With the increase of foreign trade and new products, the company's gross profit margin will also rise, and its operating profit will increase significantly (up to +63%). However, due to the expiration of the certificate of "high and new technology enterprise" in 2014, the rate of pre tax paid at the rate of 25% will be affected by the review, which will affect the net profit in the first half of the year. We expect that the company will go through the review of high-tech enterprises in the second half of the year, and will still enjoy 15% of the tax rate throughout the whole year.

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< p > > a href= "http://sjfzxm.com/pioneer/" > Qidong company < /a > registered, the capacity will expand significantly.

The company recently announced the Jiangsu Qidong full capital subsidiary "Jiangsu Huafeng super fiber material Co., Ltd." to complete the registration formalities and obtain the business license of the local industrial and commercial departments.

The Qidong project is going to build a new annual production of 75 million meter industrial nonwovens microfiber material. The first phase of the project is 50 million M / year, and it is expected to be put into operation at the end of 2015. The two stage planning capacity is 25 million M / y. it is expected to be put into operation by the end of 2016. The company's future capacity will reach 100 million M / yr, expanding by 3 times on the basis of the existing capacity (about 25 million M / year).

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< p > related links: in the first half of the year, the tax revenue of three industries such as synthetic leather in Wenzhou showed a larger decline < /p >

< p > > a href= "http://sjfzxm.com/pioneer/" > < /a > Wenzhou tax bureau released the first half of 2014 tax data show that most of the sixteen industries that reflect the characteristics of Wenzhou's shoes, clothing, electrical and other industries in the first half of the year have maintained a double increase in sales revenue and tax revenue.

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< p > according to statistics, in the first half of this year, a total of 29655 enterprises in sixteen characteristic industries in Wenzhou achieved a total sales income of 130 billion 715 million yuan, an increase of 4.04% compared with the same period last year, and the tax collection tax was 6 billion 828 million yuan, an increase of 9% over the same period last year, accounting for 40.27% of the city's tax revenue.

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In the sixteen industries, 12 sales accounted for 75%, accounting for 75%, and 11 Accounting for 68.75%.

The sales revenue of three industries, including pen making, automobile and motorcycle accessories and liquor, was over 12%, the highest growth rate was three. The tax revenue of electrical and footwear industry was the largest, accounting for 2 billion 75 million yuan and 1 billion 457 million yuan respectively.

Three industries such as lighters, pig leather and synthetic leather have fallen considerably.

In particular, the lighters industry, affected by market shrinkage and other factors, tax revenue in the first half of the year dropped to 10 million 260 thousand yuan, down 39.26% compared to the same period last year.

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