Forecast: RMB Depreciation Of 1% Per Cent Of Spinning Enterprises Can Raise Net Profit By 2-6%

In June 1st, the central parity of the RMB against the US dollar dropped 99 basis points again, to 6.5889, once again the lowest since February 2011.

This is also true.

The median price went down for third consecutive trading days, and the central parity of RMB dropped by a total of 399 basis points in the three trading days.

The industry believes that this round of depreciation is mostly due to the Fed's interest rate increase expectations, and Britain will remain in June 23rd or withdraw from the EU to hold a referendum, which will also have a significant impact on the foreign exchange market.

The depreciation of the renminbi is conducive to export oriented.

To release profits and restore growth, according to relevant calculations, the depreciation of RMB by 1% can raise net profit by 2-6%.

In the current low economic situation in Europe, the depreciation of the RMB will help textile enterprises to enter the global market and open up new fields.

It is worth noting that the textile industry developed by the China Federation of textile industry "

"Planning has been formed," 13th Five-Year "period, industrial textiles will be focused on cultivation, and is expected to maintain two digit growth.

The Ministry of planning has been listed as one of the ministerial level plans, and is expected to be released by the Ministry of industry in the first half of 2016.

The textile industry listed companies are expected to benefit from the devaluation of the RMB and the event driven by the "13th Five-Year plan".

Huafang shares is one of the leading enterprises in the domestic textile and dyeing industry. Its industry involves printing and dyeing, clothing, home textile products and other fields. It has 280 million meters of printing and dyeing cloth, 10 million production of home textile products and 3 million garment production capacity.

The company intends to raise capital of not more than 900 million yuan, of which 150 million yuan is used to build intelligent research and development center of textile industry chain based on industrial 4 according to the 2025 national manufacturing planning and design. It will establish a digital and intelligent textile industrial chain technology innovation system and cultivate its own brand.

After the completion of the "intelligent factory", the company will enhance the industry's innovation ability, promote the combination of textile and strategic emerging industries (AI, net value and information), speed up the elimination and pformation of backward production capacity, and help the company smoothly pform to the brand business.

In the context of the government's push for supply side reform to help upgrade consumption, the company is expected to rely on intelligent and branded layout to seize the opportunity.

Jihua Group is a production and support base for munitions in the Chinese armed forces and armed police forces. It is the main supplier of uniform clothing units and professional clothing units.

The company has become the largest and oldest producer of light industry in China. It has the annual production capacity of 60 million sets of professional clothing, 150 million pairs of professional footwear, 120 million meters of grey cloth and 160 million meters of dyed fabrics.

With the deepening of product structure and industrial structure adjustment, the company has formed professional plates, professional footwear, leather shoes, textile printing and dyeing, protective harness and other business segments.

The company has a complete industrial chain from raw material production and procurement, research and innovation, to product manufacturing, sales and service, which can meet the individual requirements of customers and provide system integration services.

At present, the company is promoting the high-end brand building with "JH1912" brand as the core, and comprehensively promotes the upgrading of all the brands in China.

"Fu Shi" is the largest and largest household textile company in the world with the highest level of technology and equipment.

In 2012, the company launched the B2C e-commerce product experience platform, dedicated to establishing a one-stop B2C e-commerce product experience platform with the core of "China's supporting soft home leadership brand".

At present, the company has set up three platforms, such as Fu Tian mall, Tmall store and Tmall store.

The company's goal is to strive for the end of 12th Five-Year, and sales in the domestic market exceed 3 billion yuan, making it a leading brand of China's supporting soft home.

At present, the conversion rate of new products is over 80%, supporting the global market and brand operation of enterprises, and gradually moving towards the high value-added link of the industrial chain.

Lu Tai A is a highly integrated textile enterprise that combines spinning, bleaching, dyeing, weaving, finishing and clothing. Its leading products are shirts, dyed fabrics and shirts.

More than 80% of the company's products are exported, and the market covers more than 30 countries and regions, such as Japan, Korea, the United States, the United Kingdom, Italy and so on.

As a leader in textile manufacturing industry, we expect gradual release of capacity and flexible customization.