Huafu Color Spun Material Can Get Cotton Subsidy 52 Million This Year.

November 4th hearing Hua Fu color spinning (002042, stock bar) (002042) announced on Tuesday after the announcement, the company's layout in Xinjiang production capacity in 2014 is estimated to use Xinjiang real estate cotton 65 thousand tons, according to the relevant policy estimates, 2014 is expected to receive subsidy funds 52 million yuan, of which 2014 1-9 months should supplement the subsidy income 33 million yuan.

The relevant documents stipulate that

Cotton prices were higher than the import price of cotton at the same time 1500 yuan / ton, giving textile enterprises to use Xinjiang cotton subsidies; accounting for cotton and viscose fiber subsidy standard is 800 yuan per ton.

Huafu color spinning said that because the subsidy funds still need to be calculated according to the quantity of cotton and viscose fiber produced in Xinjiang by the production and sale of cotton products, there will be differences between the actual subsidy income and the company's forecast.

The sixty-seven group first cashed cotton products 30 million

In recent days, sixty-seven groups of cotton ginning plants in front of the sale of cotton vehicles are lined up every day.

As of November 2nd, the regiment had acquired more than 9000 tons of seed cotton and 30 million yuan for cotton growers to cash cotton.

This year, the sixty-seven group is planting 53 thousand mu of cotton, and the total output of seed cotton is estimated to be 16 thousand tons.

Due to the continuous low temperature and rainy weather, cotton picking up late, resulting in cotton harvest work than in previous years.

At the rush hour of cotton harvest and sale, in order to make sure that it has been placed in the storehouse, from the beginning of autumn harvest work, the regiment agricultural company organized mobilization in various cotton planting units, and carried out the autumn harvest cotton picking labor competition activities of "quality, quantity, safety and income increase" in stages. It stimulated the enthusiasm and vigour of cadres and workers to fight for the harvest of the "three autumn" harvest, and the company launched a wave of workers to sell cotton to the cotton rolling plant. The highest daily harvest volume reached more than 600 tons.

In order to further mobilize the enthusiasm of cotton growers in collecting and selling seed cotton and ease the shortage of funds, combined with the implementation of the pilot project of cotton target price reform, the cotton products of the League farm will be cashed in this year. According to the reform of the national cotton target price, the combination of market price and target price subsidies should be carried out. The three cashing should be implemented: before the acquisition of cotton, the average price of the Xinjiang cotton market will be determined according to the price collected by the national development and Reform Commission, and the price of seed cotton will be cashed two times, and three times the subsidy will be realized according to the actual output of each household, so as to ensure the basic income of cotton planting.

At present, the regiment has fulfilled the cotton price of 30 million yuan for cotton farmers at 580 yuan per mu.