New Opportunities For Pformation And Upgrading: Excellent Enterprises Strive To Explore New Market Positioning

On the 15-17 th of May, the Chinese Cotton Textile Industry Association came to Tai'an and Jining in Shandong to investigate and understand the new situation of enterprise production and operation and the direction of enterprise development.

The visiting enterprises are the backbone enterprises in the industry. From the survey, we know that due to the stable positioning of products and the stable customer base, the production and operation of enterprises are normal and full load starts.

However, as the international trade situation changes, the market situation further falls, shortening the order period, slowing down the order return, reducing raw material inventories and increasing the stock of products.

In addition, the industrial chain of the visiting enterprises is relatively complete. From the downstream market of the downstream enterprises, the clothing trade orders have obviously shifted to the Southeast Asian region.

In the upstream spinning enterprises, the inventory level of cotton is low, and yarn inventory is as high as 2 months or so.

With regard to the pfer of orders, the enterprises believe that the pfer orders are limited to the conventional, medium and low grade products, and the high value-added products will remain at home, and will not be lost with the escalation of Sino US trade disputes.

In the absence of market confidence, as an excellent domestic enterprise, from the perspective of high quality development of enterprises, we must seize the opportunity of pformation and upgrading and seize the new market positioning.

The current development direction includes speeding up the pformation of new and old kinetic energy, optimizing product structure and function, developing industry chain and developing independent initiative.