Anta'S New Ice And Snow Suit Fabric For Anta Has Invested 1.5 Billion!

Zhejiang Taihua new material Limited by Share Ltd (hereinafter referred to as "Taihua new material") announced in the evening of January 8th that the company invested 150 million yuan in its own capital and self raised funds to invest in Shanghai to set up a wholly owned subsidiary of Taihua Industrial (Shanghai) Co., Ltd., mainly engaged in information technology, business information consulting, clothing and apparel, textile, chemical fiber manufacturing wholesale, retail and other businesses.

Taihua new material said that the company set up a wholly owned subsidiary in Shanghai. The purpose is to set up the company's innovative R & D center and global sales center with Shanghai's regional advantages, talent advantages and information advantages, so as to further enhance the company's R & D level and marketing capabilities, and continue to enhance the competitiveness and leading edge of the company in the field of nylon spinning and functional fabrics.

Public information shows that Taylor new material Main nylon filament and nylon textile production, including nylon spinning, weaving, dyeing and finishing, is one of the leading enterprises in the field of nylon in China. The performance growth rate has shown a downward trend this year, and the decrease in financial costs, the decline in reserve prices and the increase in net income have contributed to the growth of net profit.

The industry believes that, as one of the few nylon production chain manufacturers in China, Taihua new material has an integrated advantage in terms of brand, product quality, cost and so on. Nylon fabric has the characteristics of high strength, light weight, good hygroscopicity, strong wear resistance and cold resistance, which will make it more demanding in the trend of rapid development of leisure sports and outdoor products.

We have learned from this experience that our new products are continuously deepening their cooperation with our existing customers through continuous R & D drive and constantly pushing forward the cooperation of our new customers.

At present, the downstream customers include C&A, Semir, Anta, Decathlon, Pathfinder, Columbia and so on. Among them, Taihua new material has established a global level of nylon fabric research and development platform with Decathlon. At the same time, Anta sports cooperated with Semir in 2018 Olympic Games.

In October 2018, Taihua new material signed a 5 year strategic framework agreement with Jihua Group to actively expand the military market and further realize the long-term strategy of the company.

Haitong Securities analyst Liang Xi said that Taihua new material has formed an industry layout of rare domestic R & D, production and sales integration. From the perspective of business structure, in 2017, the company reduced the proportion of nylon fabric, increased the proportion of fabric and filament, and the overall layout of the industry was more balanced and comprehensive.

Judging from the production, weaving and finishing of the upstream filament, the complete industrial chain can integrate the internal resources of Taihua new material, reduce the cost, protect the order quality and improve the profitability.

Integration of production bases can integrate internal resources and reduce costs effectively.

The production base of Taihua new material business line is concentrated in Zhejiang Jiaxing and Jiangsu Wujiang area. Because of its close location, the pportation of internal products does not need to bear a large amount of freight, and the pportation loss and packaging cost will be effectively reduced.

In addition, geographical advantages can promote the allocation and integration of internal resources of Taihua new material, increase production efficiency and reduce cost.

At the same time, the customers of Taihua new material are mostly clothing brand enterprises, and the quality requirements for products are higher, and the tendency of demand individuation is obvious.

Liang Xi judged that the advantages of the industrial chain ensured that the quality of the products was guaranteed for different links, and that different types of chemical fibers could be produced for the specific needs of downstream customers.

Integrated research and development to ensure that the company's innovative vitality, and constantly strengthen the company's market reputation.

Based on the fast fashion trend prevailing in garment enterprises, Liang Xi believes that the downstream garment enterprises are increasingly demanding on the innovation and differentiation of fabric products, and have put forward higher requirements for R & D capability of suppliers.

However, based on the integrated research and development from the end of yarn, Taihua new material can innovate better and faster so as to respond to the needs of customers in time.

For example, the more environmentally friendly free dyeing polyamide yarn and environmentally-friendly regenerated nylon yarn are all products innovation based on the advantages of the industrial chain, so as to meet the social responsibility needs of downstream brand customers.