Why Does The Textile And Garment Industry Recover? Why Do We Continue To Spend The Winter?

While the industry is getting warmer, it is still in the forefront of the company's declining performance. The company has relied on e-commerce to boost its revenue. It is not yet clear whether the growth of micro businesses will drive growth again.

Sichuan's Cmi Holdings Ltd (hereinafter referred to as "Sha Sha shares") has been declining since 2011, making investors worried.

In 2015, when the textile and garment industry rebounds, the performance of the company is still cold.

What is the reason why the company's performance is weaker than that of other textile and apparel listed companies? Is there any other merger and reorganization plan after the failure of the fund-raising acquisition in August? On the above issues, the reporter sent a letter to Ma Zhong Ming, the company's secret agent in October 12th, and soon got the reply from the other side.

Looking forward to reversing the situation

This year the textile and garment industry has recovered.

National Bureau of Statistics

It shows that in the 1-8 month of this year, the industrial added value of textile enterprises above designated size increased by 6.7% over the same period last year, which is 0.4 percentage points higher than that of the above scale enterprises in the same period.

Of the 33 companies in the textile, apparel and apparel industries of the SFC, 19 achieved net profit growth in the first half of 2015 and 14 declined.

In the first half of the year, the net profit of the company was only 1 million 50 thousand and 100 yuan, down 80.7% from the same period last year.

What are the reasons why companies are weaker than those listed in the same industry?

The company explained in a letter to the reporter that although the textile and garment industry in the first half of the year had been partially warmer, the textile and garment underwear industry continued to be in a weak position.

Mainly affected by the downward pressure of the economy, the widespread difficulties in the real economy and the disorderly competition in the underwear market and the low sales season, the net profit in the first half of this year is only 1 million 50 thousand and 100 yuan.

The company will improve its internal governance and organizational structure in the second half of the year, expand the brand influence of Lingsha underwear, and integrate sales channels to make e-commerce business go up to a higher level and do a good job in selling micro businesses.

At present, the electricity supplier has become

What is the innovation of the company in the field of electricity supplier?

The company said that this year, the rise of micro business sales, and promote the development of textile and garment enterprises electricity supplier, the company is now doing a good job in micro sales and other innovative sales.

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As a matter of fact, the company has shown signs of improved performance under the impetus of e-commerce.

In 2010, Tencent settled in the Tencent pat Network, and then stationed in e-commerce platforms such as Jingdong and Jingdong.

Because of strengthening

The company achieved a high operating income in the first three quarters of 2013. The growth rates in the first quarter to the three quarter were 19.85%, 60.94% and 34.44% respectively.

However, from the fourth quarter of 2013, the growth rate of revenue slowed down until the mid 2014 decline.

The role of the company's e-commerce in boosting revenue is "short-lived" and still fails to reverse the situation.

The press conference will continue to pay attention to whether the micro business can drive growth again.

Short term difficulties in mergers and acquisitions catalysts

This year, we have planned cross-border mergers and acquisitions.

Since May 29th, the company has planned to issue additional suspension, and in August 25th, it said that in view of the progress of relevant matters and the market changes, it decided to terminate the planning of the non-public offering.

It was originally planned to buy the new Zhejiang's blue film limited company (hereinafter referred to as "blue film") of the related party's fundraising group to build the project assets with an annual output of 50 thousand tons of high-performance packaging film new materials.

The first phase of the blue film project is to invest 500 million yuan to build 50 thousand tons of high-performance packaging film new materials. The second phase plans to invest 1 billion yuan to build environment-friendly printing precoating and polymer optical coatings.

However, after calculation by the parties, it is considered that the market capacity is limited and the profit margin is low and the acquisition is stopped.

What is the target of the acquisition is worth 1 billion 500 million yuan?

The national enterprise credit information credit system showed that the company was founded in April 2013 with a registered capital of 20 million, and the shareholders are the group.

There is no official website for LAN Yi film, nor has it been mentioned in the official introduction of the group. It can be seen that the company did not occupy an important position in the group.

The share price of the shares of Russell shares has been rising before the proposed growth rate, and restructuring is expected to become one of the driving forces of stock prices.

The company staged a suspension, resumption and suspension of the bridge within a month: suspension in May 6th; in May 20th, it was said that the conditions for the assets to be acquired after the acquisition were not ripe and resumed; and the suspension was suspended again in May 29th.

From the resumption of trading in May 20th to the second suspension in May 29th, the share price rose from 30.1 yuan to 45.3 yuan, or up to 50.5% in May 29th.

After the failure to resume trading in July 9th, the stock price continued to drop.

After the failure of the increase, are there any other merger and reorganization plans? The company replied that the next step would be to rely on the brand of the "Sha Sha" brand to do well in the main business and make a big market value, so as to continuously enhance the profitability and quality of the company.

It can be seen that the stock exchange catalyst will not happen again in the near future.

The company also answers other questions that investors care about.

The main business of the company is underwear, and it has not injected into the listed company of the core asset of the group.

In response, the company responded whether the company would invest the stocking industry into the listed company, and the controlling shareholders and the actual controllers would depend on the development of the market.