Tianshan Textile Is Always Good.

It is understood that recently, the the Xinjiang Uygur Autonomous Region government held a press conference in Beijing, issued the ten preferential policies formulated by Xinjiang in developing the textile and garment industry to promote employment, including the establishment of special funds of 20 billion yuan for the development of textile and garment industry, the implementation of special preferential tax policies, and the implementation of preferential policies for low tariffs, etc., intended to support the development of Xinjiang's textile and garment industry.

It is reported that Xinjiang will speed up the development of textile and garment industry in the future, and plan to achieve 212 billion 500 million yuan of output value of textile and garment industry by 2023, and finally achieve the target of 1 million people in the whole industrial chain of textile and apparel industry. In the face of dividend policy, textile and garment enterprises have already begun to layout.

Market participants said that Xinjiang's textile industry will gradually welcome various policies. At the same time, after hearing the news, many textile enterprises in Xinjiang also believed that the introduction of the policy was the "Gospel" of Xinjiang textile enterprises, and expressed their confidence in investment and development in Xinjiang.

It is worth noting that thanks to last year's Recombination Over the past year, the performance of Tianshan textile has improved significantly. The annual report released earlier showed that Tianshan textile business income in 2013 was 569 million yuan, an increase of 88.27% over the same period, the net profit attributable to shareholders of listed companies was 26 million 256 thousand and 500 yuan, and the company suffered a loss of 9 million 479 thousand and 400 yuan (adjusted) in the same period in 2012, and the basic earnings per share of the company during the reporting period were 0.06 yuan. A few days ago, its performance forecast announced that the company expects 1~6 profit of about 12 million yuan ~1600 million yuan in 2014, which turned into a profit for the same period last year. In the same period last year, the company lost 17 million 510 thousand yuan.

For the reasons for the change in performance, the company said in its annual report that in 2013, the company's assets restructuring was successful, while stabilizing the textile business operation, it set up a high-quality non-ferrous metal business. The southern area of the loess slope of the west mining area shows a good prospecting prospect. It has been listed as a comparative exploration model area by the state. The geological and metallogenic conditions are good, the product quality is good, and the sales remain stable, which ensures the company's good profitability in the future.

In recent years, with the European debt crisis and RMB appreciation in recent years, coupled with the sharp rise in labor costs, Tianshan textile has been hovering between profit and loss. Restructuring is the way to go.

Last October, Tianshan textile The company intends to let Katie mining hold it. Xinjiang Xi Tuo Mining Co., Ltd. 50% stake and Qinghai snow Chi held 25% of the shares of the west mining industry.

After the reorganization of Tianshan textile, the textile chairman of the Tianshan textile company has said that it will also run mining business and wool textile business at the same time, one is to make bigger and stronger mining industry, the two is to make fine and excellent wool textile industry.