Olympic Movement And Textile Mill Operation Benefited

The Olympic Games will debut in August, hoping to bring a wave of leisure sports, such as NIKE, UA, etc.

Related products are expected to resume growth momentum.

The industry is expected to see a downturn in the first half of the year. The relevant supply chain's effective (1464), Confucian Hong Kong (1476), East Longxing (4401), and Li Qin (4426) businesses are expected to benefit from the operation, and the performance in the second half of the year should be better than the first half.

The revenue of Ru hung in June was 1 billion 950 million yuan, although the annual rate of reduction was 13%, but its monthly growth rate was 6%, which has improved by 21% compared with May's annual revenue.

Li Qin's revenue in June was 186 million yuan, which has been a positive growth for two consecutive months.

The Olympic Games will surely lead to the global movement and the potential continuation of the movement.

Huge business opportunities are expected to encourage Nike, Adidas, UA and other global sports leisure factories to increase their performance in the second half of the year by at least 1.

UA, the largest supplier of domestic fabrics, rightfully pointed out that although the domestic textile industry was dragged down by the excessive storage of American apparel distributors in the first half of this year, the performance in the first half of the year has generally declined. However, the number of orders for brand sportswear has also maintained a slight increase. It is expected that the growth of business in the next two to 2 years can still be maintained at a figure.

In the first half of this year, consolidated revenue was 3 billion 543 million yuan, with an annual growth rate of 14.7%.

Ru hung is one of the main suppliers of NIKE, and its operation in the first half of this year has entered a slow growth. In order to break through, the company has introduced hundreds of millions of imported knitted tweed machines to personalized, niche and diversified products. This is expected to be a highlight of this year's Olympic Games.

Ru Hong pointed out that two new global materials and products will be adopted by world-famous customers, and the order period can be as long as 3 years. After the official shipment in the fourth quarter of this year, they can continue to contribute revenue, and the business growth in the first half of next year will be as high as 2.

Ru Hong is the main functional and sportswear and clothing supply factory in China, while Dong Longxing is the manufacturer providing the upper functional yarn of Ru Hong producing cloth. The growth of Ru Hong should be able to boost the business of Dong Longxing. In addition, the jogging shoe composite yarn developed by Dong Longxing and the US sports brand is also expected to increase in the second half of the year.

It is expected that the 50% to 70% manpower cost will be reduced, and the new material of integrated shoes will become the trend of the market. Many international sports brands have launched a series of products. Li Qin has invested 620 million capital expenditure in the development and innovation of new materials for shoes in 2015. Shipments in the second half of this year are expected to increase. The market believes that Li Qin will be the main beneficiary manufacturer under this trend.