National Rural Revitalization Bureau Officially Listed

On the 25th, the National Rural Revitalization Bureau was officially listed. Recently, the "opinions of the CPC Central Committee and the State Council on comprehensively promoting rural revitalization and speeding up agricultural and rural modernization" put forward that it is required to implement the strategy of ensuring important agricultural products to ensure the safety of grain and cotton supply.

Huachuang Securities pointed out that since the fourth quarter of last year, the order demand of cotton textile enterprises has recovered more clearly. Generally speaking, the second quarter is the peak season of traditional textile production. Under the background of global demand recovery, the trend of textile order improvement continues to appear. Cotton textile enterprises are mostly priced by cost plus. If the recent price rise of cotton is smoothly transmitted to the downstream, it is conducive to the increase of gross profit rate of cotton enterprises. Related companies mainly include guannong shares, Xinnong development, Xinsai shares, etc.