Spot Checks On Children And Infant Clothing Products In Guangdong

Guangdong Provincial Quality Supervision Bureau recently announced the results of spot checks on 13 products, including children and infant clothing, fiber products (quilts, pillows), and children.

22 batches failed, and 6 batches of Dongguan failed.

The sampling results showed that the sampling survey involved 142 batches of children's clothing and infant clothing products from 142 production enterprises in 10 cities (districts), such as Guangzhou, Shenzhen and Dongguan, and 22 batches of substandard products.

The discovery rate is 15.5%, and the unqualified items involve 5 items, such as fiber composition and content, light fastness and sewing strength.

City can Ying Garments Co., Ltd., Dongguan You Yi Clothing Co., Ltd., Dongguan road simier Clothing Co., Ltd., Dongguan Shin Tong Clothing Co., Ltd., Dongguan Yi Ying Garment Co., Ltd., Dongguan jiatunbao Clothing Co., Ltd., respectively, a batch of clothes failed.

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Since the beginning of this year, the textile and footwear enterprises have had an unprecedented passion for capital market. 37 enterprises have been sprinting A shares and H-share IPO. Of them, 10 companies are listed on the market (including 2 new three boards), 3 enterprises have already passed, 17 enterprises are in normal audit status, 1 companies have entered the listing process, and 9 enterprises have been "terminated" (1 of which are IPO restarted and entered the normal audit).

The number of them has been the biggest in the past years.

Since January this year, 5 enterprises have been listed on the Hong Kong stock exchange. They are Fujian menswear enterprises, La Natsu Bell, women's clothing enterprises, Shenzhen, Fujian men's wear enterprises and Shanghai fashion group, and 3 companies are listed on A shares. They are Fujian sports brand, birds and birds, Xiamen automotive textile enterprises, Huamao technology, Nanjing high-end women's clothing brand Vigna S, and 2 enterprises are listed on the "new three boards", which are Beijing Jifen fashion and Susi shares.

A number of enterprises are queuing up.

According to the latest statistics of the China Securities Regulatory Commission website, as of December 4, 2014, the China Securities Regulatory Commission handled 642 enterprises, of which 37 had been passed, and 605 had not yet passed.

580 enterprises that normally fail to be heard in the enterprise have not been passed, and 25 enterprises have been discontinued.

Among them, there are 20 enterprises in textile shoes and clothing (including chemical fiber, fur products and textile sewing equipment), accounting for 3.1% of the total number of enterprises accepted.

Specifically, there are 3 enterprises that have already passed, namely Jordan sports, Zhejiang new Australia textile and Zhejiang Jian Sheng group.

Among them, the new Australian textile and kin Sheng group will soon be listed on the stock market, and for the Jordan sports which had already passed the first application in November 25, 2011, because the US basketball star Michael Jordan announced in February 2012 that Jordan sports infringed on its right to name, the plan that it planned to go public before the end of March 2012 has been postponed until now.

There are 17 enterprises in the normal state of audit.

The shoes industry, the Shenzhen song's clothing (women's clothing), the Beijing great technology (sewing machinery manufacturing industry), the Hasen trade (shoemaking), the Guangzhou Tian Chong fashion shoe industry (Jie Wenmao), the Beijing Fu Tai leather cloth (Textile), the Zhejiang silver textile (chemical fiber manufacturing industry, the textile industry), the Beijing Sanfo outdoor products (sporting goods retail), the Shenzhen Hui Jie group (lady bra bra), the Hunan mostly loves the home textile, the golden hair Rabbi maternal and child supplies (pregnant baby clothes and daily necessities), the Dan Dan wool textile, the brisenfinen dress (Golf dress), the Mass Phil fashion (women's clothing) and the Ray Tibor dress (men's clothing). Among them, the 1 companies that disclosed the updated status in advance were Jiangsu Shenli industry, and 16 enterprises in the state of feedback, namely Zhejiang red dragonfly.

Meanwhile, Ningbo Taiping bird has officially entered the listing process, appearing in the list of pre disclosure enterprises announced by the China Securities Regulatory Commission.

In addition, as of December 4th, 9 enterprises were "terminated" for examination, respectively, Zhejiang silver textile (which was terminated in April 1st, but then restarted IPO, is currently in the normal state of audit), Guangdong pig pig clothing (children's wear), Jiangsu Eagle Xiang Chemical fiber, Zhuhai wesman dress (women's wear), Taihua new material, Jiangsu AB group (underwear), Nanjing border town sports (outdoor goods retailer), Xuchang Hengyuan hair products, delhui (sports brand).

In fact, there are many reasons why so many companies are busy listing.

At present, one side is the international second tier brand and the international "fast fashion" giant represented by ZARA and UNIQLO accelerates the acquisition of China's retail market. On the other hand, Tmall, Taobao and Jingdong represent the electricity supplier to divide the cake in the physical retail market. In addition, the domestic and international market continues to be weak and the cost of raw materials, labor and terminal property continues to be high. Under the multiple disadvantages and pressures, the domestic textile and garment enterprises are experiencing the most difficult time in the past two years.

In this context, enterprises seek to break through development and accelerate the impact on capital markets, which can be described as "redemption under pressure".

However, we need to remind that it is a good recipe to seek breakthroughs with the help of the capital market, but in the long run, the continuous improvement of brand R & D design level and the standardized management of companies are still fundamental to the operation of enterprises.

Fujian is a typical lesson.

At the beginning of this year, the companies listed on the Hong Kong stock exchange were exposed in the second half of the year when the boss absconded with huge sums of money, and the company was facing bankruptcy. One of the important reasons was that the preparatory period was too high and the amount of borrowing was large.

Therefore, although the listing is good, we must do our best.