See "China'S Textile And Apparel Industry Listed Companies Secretaries Alliance" How To Say!
In order to further strengthen the links and exchanges between the listed companies in the textile and garment industry, give full play to the leading role of the dominant enterprises in the industry, and promote industrial progress through complementary advantages and resource sharing, in August 2017, the China Textile Planning Research Association and the China Textile Construction Planning Institute jointly organized nine textile and apparel listed companies, and established the "China Textile and apparel industry listed companies Confederation alliance". Since its establishment two years ago, under the leadership of the Executive Committee and the efforts of the Secretariat, the secretaries general has carried out fruitful work. Through various activities, it has been actively serving the listed companies, and constantly promoted the new path of textile and apparel listed companies to explore and innovate and promote the sustained and healthy development of the industry.
October 30, The Confederation of textile and apparel companies will be held in 2019. Held in Beijing. Li Jincai, Deputy Secretary General of China Textile Industry Federation, director of industry development department, director of China Textile Construction Planning Institute, Feng Dehu, chairman of Dong min Association, Yang Weizhao, general manager of Xingye securities investment bank headquarters business, Liang Yong, director of fashion consumption group of CITIC Securities Investment Bank. And other leaders and members of the Federation of League members attended the meeting.
The meeting was chaired by Yu Yizheng, secretary-general of the secretaries general.
Li Jin Cai In his speech, we talked about the listed companies in China's textile and garment industry as the concentrated representatives of innovative enterprises and the leading enterprises in various professional fields in the industry. Facing the "new environment", it is of positive significance for listed companies to play a leading role in their respective fields, to play a catalytic role in the transformation and upgrading of industrial structure, to stimulate endogenous motivation, and to promote the development of high quality economy.
The evaluation system of the listed companies of textile and garment industry developed by China Textile Planning Research Association (including the comprehensive evaluation Asys.16 system of operation and development performance of Listed Companies in textile and garment industry, health index (HIS score) evaluation system and development index Dsyz.2 system) is an evaluation system for evaluating the performance of listed companies scientifically, and judging the operation and development trend of listed companies. follow The services of people and agencies of textile and apparel listed companies have provided the basis for issuing the ranking of textile and apparel listed companies at the first financial conference of China Textile Federation at the end of last year.
"Friendship and communication, cooperation and win win, innovation and development, and dedication to society" are the focus and tenet of the secretaries general. On this platform, textile and apparel listed companies can achieve win-win cooperation and promote healthy and sustainable development of the industry through mutual communication, learning and borrowing, expanding their contacts and complementary advantages.
Listed companies play an important role in the development of the industry. They are the backbone of maintaining the smooth operation of the textile economy and play a positive role in leading the whole industry to innovate and develop the pacesetter. Feng de Hu At the meeting, we released the "2018 annual report on the development of textile and apparel listed companies" and "the first half of 2019, Shanghai and Shenzhen two textile and garment listed companies performance evaluation report".
In the 2018 annual report on the development of textile and apparel listed companies, it is pointed out that the operation of listed companies of textile and clothing companies in Shanghai and Shenzhen two cities is basically stable, floating in a reasonable range, but the quality of operation has declined. The report pointed out that in 2018, the highlight of the development of the textile and clothing listed companies in Shanghai and Shenzhen two cities was that the R & D investment increased by 35.34% compared to 2017.
At the same time, the report shows that in 2018, the earnings of listed companies of textile and clothing companies in Shanghai and Shenzhen two continued to grow, the profit growth rate declined, the asset scale continued to expand, the structure was basically reasonable, the proportion of liabilities increased slightly, the short-term liabilities increased significantly, the cash generating capacity and cash flow quality improved, operating costs continued to rise, and taxes increased year by year. Meanwhile, listed companies attached importance to R & D and resources allocation.
In the first half of 2019, Shanghai and Shenzhen two textile and garment listed companies performance evaluation report shows that in 1-6 months this year, the Shanghai and Shenzhen two textile and garment listed companies realized 5 of total business income. One hundred and seventy-eight .80 billion, an increase of 10.31% over the same period in 2018. From the perspective of segmentation industry, chemical fiber and clothing and apparel business income is the largest, accounting for 32.01% and 2 respectively. Three 7%. From the perspective of net profit distribution, chemical fiber and clothing retailing are the most profitable industries.
During the meeting, Deputy Secretary General of China Textile Planning Research Association Chun Sheng Wang Read the Shanghai and Shenzhen two textile and garment enterprises listed in the 2018 comprehensive performance and the mid 2019 three major single index top ten list. (attached list)
Nowadays, market value has become a new benchmark for measuring the strength of listed companies. Market value management is to maximize value creation, optimize value realization and optimize value management, and ultimately maximize shareholder value. At the meeting, Liang Yong Based on the discussion on the management of market value of textile and garment market, this paper expounds and explains the importance of enterprises to attach importance to market value.
He said that in the face of the future development of China's textile and garment industry, the listed companies as the leader in the industry need to make good use of the platform of the listed companies, establish the interactive thinking of industry and finance, and strengthen the global competitiveness based on bigger ones. The upgrading of China's manufacturing industry needs not only the support of national policies, but also the efforts of enterprises, not only to improve the level of profitability and the optimization of business models, but also to give full play to the financing function of the capital market, and timely carry out activities such as mergers and acquisitions, financing and other activities at home and abroad, so as to quicken the pace of development, widen the development path and enhance the market value of listed companies.
The management methods of market value of listed companies are various and the timing is different. In the different stages of the company's business development, combined with the trend of the two tier market, refinancing, bond financing and other means of connotative growth and extended growth means such as mergers and acquisitions should be adopted to create favorable conditions for achievement improvement and market value realization, so that the company can become a hot spot for performance leaders and capital markets, so as to maximize shareholder interests.
At the meeting, Wei Chao Yang With the theme of "market value management strategy and capital operation of Listed Companies in textile industry", the theme is shared from three aspects, namely, capital market environment analysis at home and abroad, textile and garment sector recovery, and market value management from the perspective of investment bank.
He said that in the international economic environment, the US economy is expected to strengthen the recession, and the economic growth in Europe and Japan has slowed down. The domestic economy has slowed down, trade fluctuation has intensified, and the macro economy has not yet been realized.
Exports have been under pressure this year. The pressure of further upgrading of the original tax increase and the further escalation of the frictions persisted, and continued to show strong textile and weak clothing. It is expected that in the second half of the year, the external environment will ease, internal consumption sentiment will continue to pick up, and the base number will decline.
During the meeting, Mr. Luo Lai lived Tian Lin, Polytron Technologies Inc secretary, Mr. BILLIN, Chen Yang, Dong Wei, Chen Yang, Jingwei Textile machinery, Dong Dong Secretary Ye Xuehua, Hao Ming, Dong mi Wang Xiaojun, Huamao Ying Dong Luo Zhaohui, Tai Ping bird Clothing Co., Ltd., Fan Yingying, Lu Tai textile secretary, Zhang Keming, Semir clothing, Mr Tung Yin, Hong Kong bean Investor Relations Director Tang Song Yin, Jihua Group, Wang Dong Jing Wang, and Tai Hua new material, Dong Wei Tao Tao, etc., who spoke in succession to share common problems and universals in the development process of the company. follow Difficulties.
At the end of the meeting, Feng de Hu The work of the alliance in the past year was briefly summarized: first, the development report of 2018 textile and apparel listed companies was compiled; second, the research and development of China textile joint production and integration in three years were carried out; third, the union enterprises were visited to investigate the research topics of alliance enterprises concerned; in addition, the League Secretariat combined with some experience of energy conservation and emission reduction in other industries, and worked for the industry to solve the problems of zero emissions and emission reduction, and the introduction of solutions across industries. Feng Dehu said that in the new year, the Secretariat will make more efforts to visit, listen and coordinate resources to enhance communication and discuss more problems.
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