Two Wheel Drive Jilin Chemical Fiber Out Of The Trough

< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes "< > hat net" Xiaobian "to introduce the Jilin chemical fiber: two wheel drive, gradually out of the trough.

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< p > August 8th, the reporter learned at the 50th anniversary industry chain Symposium of Jilin chemical fiber production and operation, that in the first half of this year, Jilin chemical fiber (000420) actively adjusted the product property rights structure by consolidating traditional main industries, and the two wheel drive of "industrial development and capital operation" turned out to be a profit for the same period, and gradually dropped out of the trough. The company expects net profit of 116 million yuan ~12600 million, compared with -11215 million last year.

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< p > Jilin chemical fiber is an important viscose fiber R & D, production and sales enterprise in China. For 50 years, Jilin chemical fiber has become the world's leading production base for biomass filament. The largest bamboo fiber and pulp fiber integrated production enterprise in China has a first-class domestic R & D, production and sales system.

The company is one of the first enterprises to be invited to participate in the world's top fabric exhibition France PV exhibition. After several times, it was invited to participate in the exhibition, which fully demonstrated the company's competitive advantage in the new pulp and fiber industry.

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< p > in recent years, the domestic economic cycle and < a target= "_blank" href= "http://www.91se91.com/" > textile > /a > industry cycle double superposition, the textile industry has entered the depth adjustment period, and there has been a loss in the whole industry.

Faced with this difficult situation, the company actively carries out "three adjustments" to achieve new breakthroughs in pformation and upgrading.

On the one hand, speeding up the quality of traditional products, constantly adjusting the structure and upgrading the gears, increasing the productivity of the main products viscose filament by increasing speed, continuous and semi continuous spinning cakes. In the first half of this year, the gross profit margin of viscose filament increased from 5% at the lowest level to 10%, or nearly doubled.

At the same time, the company differentiated the scale products, successfully developed fire retardant fibers with safety protection properties, and had heat preservation and health care functional regenerative fibers, dyed fibers with high color fastness, colourful and eco-friendly raw materials, used for producing flat fibers such as fur and plush toys and high-end consumption, and national patent anti pilling fibers.

In addition, since the beginning of last year, the company has intensified efforts in the development of viscose pulp products to promote the development of viscose pulp in military, civilian, industrial and other fields.

At present, the quality of cotton pulp products used for cellulose acetate has surpassed the level of similar products in the United States. Medical and food grade refined cotton pulp has successfully hit the high-end market with its high added value. The nitrifying pulp used in the field of military products and the cotton pulp used for special filter paper used in the field of high-grade automobile three filter paper have been recognized and subscribed by customers.

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< p > in terms of capital operation, the company constantly optimizes the asset structure and actively curtail losses. At the beginning of this year, the company will pfer the shares of Hebei Jilin 98.645% and Hunan Topp 50.33% to the Jilin railway investment and Development Co., Ltd., with the paction price of 1 yuan and 20 million 920 thousand yuan respectively, and the investment is estimated to be about 110 million yuan.

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< p > recently, the "a href=" http://www.91se91.com/news/index_c.asp "company" /a "increase plan was approved by the China Securities Regulatory Commission's issuance examination committee. The company intends to increase its stock price to 9 strategic investors by no more than 338 million shares at the price of 2.66 yuan / share, raising about 900 million yuan to repay bank loans and replenish liquidity.

Some analysts said that after the issuance and implementation of the additional funds, the company's asset liability ratio (consolidated statement) fell from 90.07% to 70.17%, capital structure will be significantly improved, reduce the cost of pformation and upgrading of the company, help the company to enhance the overall ability to resist risks, and lay a good financial foundation for the company to go out of the industry downturn and future development.

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