Who Are The 176 Top Companies? Silk Clothing Industry Listed Companies Secretaries Alliance Will Publish A Number Of List In 2020.
Since the outbreak of the new crown pneumonia in 2020, the global economic demand and supply have been doubly shocked, causing the reality of huge fluctuations in capital markets and uncertainties in the world's political and economic patterns. As a concentrated representative of China's textile industry's innovative dominant enterprises and industrial development pacesetter, how do textile and apparel listed companies avoid risks and cope with the grim situation? According to market changes and industry development requirements, doing well in order to increase production, improve the management and operation level of listed companies, and expand the market in a solid way are the common questions that the majority of textile and apparel listed companies urgently need to discuss and discuss. Question.
Accompanied by July 6th The stock market is full of "bull market" flavor. The Confederation of textile and apparel companies will be held in 2020. It was held in Beijing. The conference adopts the network video organization mode of Beijing main venue and line.
The annual meeting will be guided by China Federation of textile industry, sponsored by China Textile planning and Research Institute, China Textile Construction Planning Institute, supported by China Textile Industrial Enterprise Management Association and China Textile Asset Management Co., Ltd. Annual meeting "Synergy, empowerment and Endeavour" For the theme, we analyze and summarize the current situation of China's textile industry and the prospects for the development of industrial and financial cooperation, the operation and development of textile and apparel listed companies, the relevant rules and successful cases of mergers and acquisitions. At the meeting, it was also released. "Shanghai and Shenzhen two textile and clothing and apparel companies listed in the 2019 annual operational performance evaluation of the top 10 ranking units", "Shanghai and Shenzhen two cities and Hongkong stock market textile and apparel listed companies in the 2019 year of market value, revenue, profits ten ranking" list. 。
Sun Ruizhe, President of China Textile Industry Federation, Duan Xiaoping, vice president of China Textile Federation, Yang Jun, Secretary General of China Textile Federation, Li Jincai, deputy director general of China Textile Federation, Li Jincai, director of industry development department, executive chairman of China Textile Planning Research Association, President of China Textile Construction Planning Institute, Feng Dehu, chairman of China Textile and apparel industry Confederation Association. And other related departments and professional associations of the China spinning Federation, and from Guang Wei complex, Lu Tai textile, Semir costumes, Luo Lai life, Be Meleven, Huafeng spandex Wait 5 0, a number of textile listed companies secretaries, the industry focuses on cultivating representatives of listed companies. Financial investment and intermediary representatives and news media representatives will attend more than 100 meetings.
Sun Rui Zhe Published the title The status quo of China's textile industry and the prospect of production integration. Keynote speech. Sun Ruizhe introduced the development status of the textile industry under the epidemic situation, and introduced the importance and future development of industrial and financial cooperation.
He stressed that with the deepening of the hundred years of change, the spread of the new crown disease, the world economic development has been under unprecedented pressure, is plunged into the worst recession since World War II, the industry development is facing enormous systemic risks, many enterprises are facing the pressure of survival. Facing the diverse changes of geopolitics, digital economy, terrorism, epidemic situation, social responsibility and climate change, the textile and garment industry must be well prepared and actively respond.
Under the new situation, the CPC Central Committee has made an important decision to do a solid job of "six stability" and implement the "six guarantees" task, and promulgated policies to ensure the smooth operation of the economy and help enterprises tide over difficulties. 1~5 months, China's RMB loans for the real economy increased by more than 10 billion yuan, an increase of more than 2 billion yuan over the same period last year. As an important sector of people's livelihood, the textile industry is the main body of the private economy and small and medium enterprises.
Sun Ruizhe shared four views on the textile industry's financial and industrial cooperation. First, the pressure on the industry to pick up and deepen the integration of industry and finance is a realistic need to achieve sustainable development. On the whole, the global epidemic has not yet reached the peak, and domestic consumption recovery rate is not as fast as expected, and the shortage of enterprise orders is still grim. Overstock, intensified competition, shrinking profits, tight cash flow and other problems are perplexing industry enterprises. Many small and medium enterprises are facing a survival crisis. The overdue and default phenomenon of enterprise loans has increased, making the capital risk of the whole industry chain increasing. The industry is in urgent need of deep docking through industry and finance, effectively relieving the pressure of enterprise funds and reducing the impact of the epidemic on the production and operation of enterprises.
Two, the profound adjustment of the industrial environment and the deepening of industrial and financial cooperation are the objective requirements for adapting to the changing circumstances. Facing the unprecedented complex industrial environment, we must discern the trend from the confusion and open up a new situation in the changing situation. On the one hand is the profound adjustment of the production pattern: the pressure of global value chain cooperation; on the one hand, the profound adjustment of the market pattern: the global sluggish demand has become a long-term existence, and the importance of domestic demand has increased; on the other hand, there is a profound adjustment of the pattern of factors: technological innovation has become the core variable for determining the development of the industry. The industry must speed up adapting to the adjustment of industrial structure brought by technological innovation and strive to gain competitive advantage in a rapidly changing world.
The three is the continuous optimization of the industrial and financial ecology, and the deepening of the industrial and financial cooperation has realistic basis and development potential. With the continuous improvement of China's socialist market economic system, a standardized, transparent, open, dynamic and resilient capital market is being established. The ecological development of the coordinated development of industry and finance has accelerated. The capital market is more mature, the industrial foundation is more perfect, and the reform and opening up is more thorough.
The four is the key stage of building a powerful country, and industrial and financial cooperation is an important way to promote the development of high quality. This year marks the end of the 13th Five-Year plan, and is also the key year for the construction of a textile power. We need to strengthen the power of policy, science and technology, capital, moral strength and solidarity to support the sustainable development of our industry.
Sun Ruizhe said that under the great changes of the world, deepening the integration of industry and finance, making full use of the important role of capital in the optimal allocation of elements, and promoting the industry's practice of "technology, fashion, green" industry positioning and achieving high quality development are of great significance. The textile industry should strengthen the industrial chain security with the cooperation of industry and finance, promote the digital transformation of industry with the cooperation of industry and finance, promote the innovation of industry foundation with the cooperation of industry and finance, cultivate the main body of industry with the cooperation of industry and finance, and guide the sustainable development of industry with the cooperation of industry and finance.
Feng de Hu Done Analysis of the operation and development of textile and apparel listed companies in 2019 and the first quarter of 2020. According to incomplete statistics, by the end of 2019, the Shanghai and Shenzhen two cities (A shares) listed mainly in textile and garment industry (hereinafter referred to as "Textile Listed Companies"). 176 families 。 Compared with the 166 statistical base of the previous year, 10 new textile listed companies were mainly listed as IPO new listed companies this year, and listed companies that mainly increased or changed textile and garment businesses.
In the 176 textile and apparel listed companies, The main board accounted for 82, small and medium-sized board accounted for 73, and gem accounted for 21. The proportion of the three plates is 46.59%, 41.48% and 11.93% respectively.
Feng Dehu said last year's work focused on the market value management of listed companies. This year, it focuses on mergers and acquisitions of listed companies. By the end of 2019, the market value of Textile Listed Companies in Shanghai and Shenzhen two cities was about 1 trillion and 397 billion 561 million yuan, an increase of 29.48% over the same period last year. The market value and quantity of Textile Listed Companies in Shanghai and Shenzhen two cities were 2.05% and 4.66% respectively. The top three market capitalization companies are chemical fiber and dye chemicals enterprises.
In terms of total revenue, gross profit and net profit of Textile Listed Companies in Shanghai and Shenzhen two cities in 2019 years, they are all better than in previous years, which increased by 22.60%, 15.78% and 15.69% over the previous year, showing a sustained growth trend. Operating costs continued to rise, cash flow was better than last year, asset scale continued to expand, capital structure and solvency were basically reasonable, R & D investment increased significantly. More than 30% of the listed companies have invested billions of R & D, and the demand for additional fundraising, mergers and acquisitions has been released continuously, reflecting the social responsibilities and contributions of listed companies. According to the Asys.16 evaluation system, the health index (HIS score) of 2019 listed companies in Shanghai and Shenzhen two was 74.22, an increase of 2.42 points over the previous year.
In 2019, a total of 163 companies were listed on the Hongkong stock market. Among them, 10 new textile and garment enterprises were listed (accounting for 6.13%). According to incomplete statistics of 68 textile and apparel stocks that have been disclosed in the 2019 annual report, the total revenue in 2019 was HK $512 billion 557 million, an increase of 4.30% over the previous year. Among them, 32 enterprises (accounting for 47.06%) revenue achieved positive growth compared to the same period last year. Profitability and quality have declined, asset size has further expanded, debt ratio has increased, operating slightly worse than the previous year. The overall cash flow situation improved considerably compared with the previous year. A total of 5 textile Hong Kong stocks received a HK $2 billion 189 million placement fund.
Feng Dehu said that in the first quarter of 2020, under the impact of the new crown pneumonia epidemic, the textile and garment listed companies were exposed to the risks and pressures brought by the global market downturn and the economic downturn, and the economic operation, production and sales were greatly affected. Relevant statistics show that the eleven main industries of the textile industry, except chemical fiber and other industries, have decreased to a certain extent in the first quarter of the year, and their quality and efficiency levels have declined as a whole.
From a quarterly report of monthly economic operation data changes and special investigation, textile and apparel listed companies showed strong confidence and resilience in the face of the impact of the epidemic. Most companies say that the impact of production and operation is temporary and limited. Although the first quarter performance has declined, with the gradual recovery of production and business in the two or three quarter on track, the impact on the whole year should be small and controllable.
During the annual meeting, Feng Dehu read out. "Shanghai and Shenzhen two textile and clothing apparel listed companies in the 2019 annual performance evaluation of the top 10 ranking units", "Shanghai and Shenzhen two cities and Hongkong stock market textile and apparel listed companies in the 2019 year of market value, revenue, profits ten ranking" list. 。 (the list is as follows)
Wu Yangwen, regional director of Shanghai stock exchange market service and manager of distribution and Listing Service Center Around Refinancing, mergers and acquisitions, spin offs and acquisitions of listed companies And other related situations are introduced.
She first of all. Convertible bonds, public offerings, rights issues, non-public issuance and preferred shares issued by Listed Companies in refinancing. 5 main varieties were briefly introduced, and the case of introducing strategic investors through non-public offering stocks was elaborated. In particular, the regulations on the registration and issuance of securities issuance of the listed companies of the science and technology board, which have just been officially released by the SFC, are explained in detail, and the conditions for the refinancing issuance of the science and technology board are introduced in the paper. "(July 3rd)"
Wu Yangwen also introduced. Matters relating to mergers and acquisitions of listed companies It covers the general situation of mergers and acquisitions market, the overall characteristics of A share mergers and acquisitions, the common types of mergers and acquisitions, the evolution of regulatory policies, the definition of major asset reorganization, the rapid situation of small businesses, the simplification of letter batches, and the shortening of the resumption of licensing. China's M & a market occupies an important position in the global M & a market, ranking the second in terms of transaction volume since 2013. In 2019, the scale of China's M & a market was about 2 trillion and 730 billion yuan, and the number of transactions was 11008. Among them, the overall characteristics of A share mergers and Acquisitions: first, industrial mergers and acquisitions have become the mainstream mode of A share mergers and acquisitions. Two, mergers and acquisitions industry is more obvious, manufacturing, IT, electronic equipment and other industries are more active. Three, state-owned assets are increasingly active in participating in listed companies.
Wu Yang Wen emphasized. Spin off. According to the provisions of the pilot scheme for the listing of subsidiaries by listed companies, the listed company's spin off means that the listed companies will directly or indirectly control their subsidiaries in the domestic IPO or restructuring and listing, and the listed companies should meet seven major requirements. As a result, the subsidiary companies of listed companies can be listed independently. Different formats can have independent market valuation. According to the format, a differentiated equity incentive plan is adopted, and a multi-level financing platform and channel are established and improved.
She also talked about it. Acquisition of listed companies In 2019, the A share control transfer market continued to boom, hitting a 10 year high. The 148 listed companies announced a 45% increase in the transfer of control rights compared with 102 in 2018. She stressed that in the process of acquisition of listed companies, prices, ways of transfer, information disclosure, examination and approval procedures, transferee's demands and transaction restrictions are all matters needing attention.
Wu Qiong, chief investment officer of Polytron Technologies Inc, Beijing A brief introduction is given. Big cloud platform intelligent factory system As well as How to make enterprise equipment smarter and help manufacturing informatization Successful cases 。 As a global supplier of electrical control system for the industrial sewing machinery and equipment industry, Da Hao technology can provide a wide range of electronic control products, technical services and solutions for domestic and foreign equipment manufacturers. The giant cloud intelligent plant platform has three core functions: equipment monitoring, planning work orders, production and wages. She also introduced the API interface provided by the big cloud platform, which can be linked to the three party software data such as ERP system and WMS storage system. The new intelligent factory has also played an important role in equipment management, production statistics, payroll statistics, mobile rate statistics, order management, plan management, pattern management, product management and mobile APP application. Users can use the computer website, mobile phone and tablet APP, smart TV Kanban APP to manage the factory.
When Wu Qiong shared the success story, he said that during the epidemic period, Da Hao technology fully cooperate with INTERCHINA group 3502 company In the case of tight time, heavy task and limited epidemic situation, the company is sewing factories. Gamma The system helps the production of protective clothing intelligently, and contributes to the successful completion of the anti epidemic task.
In addition, it has successfully cooperated with costumes, glove companies, embroidery lace enterprises and socks enterprises.
Zhejiang Huafeng spandex Limited by Share Ltd secretaries Li Yilun Made " The right choice -- from IPO to reorganization Keynote speech. She said that the Zhejiang Huafeng spandex Limited by Share Ltd was founded in 1999 and landed in the capital market in 2006. It is the first private listed company in Wenzhou. In order to build an internationally competitive and sustainable development enterprise, in 2019, the company put the best quality polyurethane assets Huafeng new material into the body of listed companies by means of major asset reorganization, and utilized our advantages in our respective industries to transform the single product advantage into the system competitive advantage through resource integration.
Li Yilun said that although the volume of reconstitution is large, time is tight, intensity is high, and difficulty is great. But the company responded positively and adopted various measures to escort the reorganization project. First of all, "focusing on industry and strengthening the main business" is the fundamental reason for the successful implementation of the reorganization. Secondly, "standardized management and meticulous management" is an important addition to the reorganization. Moreover, "steady operation and pragmatic operation" is an important basis for rapid restructuring. Finally, "initiative and initiative" is the key guarantee for the success of restructuring.
Through this reorganization, the market value of Huafeng spandex has greatly improved, and the visibility and activity of the company has increased rapidly in the capital market. With the maturity of the capital market, the large cap company has an additional valuation premium due to its industry status, liquidity and safety margin. It can increase the company's ability to resist risks and periodicity, optimize the assets structure, enhance profitability and sustainable development. From the spandex industry to the global leapfrog development of the polyurethane products and materials industry, this asset reorganization has great strategic significance for the company.
Finally, End Xiaoping In progress Secretaries general annual work briefing And Summary of this meeting At the same time, it indicated that the overall situation of the listed companies in textile and garment industry is better than the average level of the industry.
At present, there are nearly more than 600 listed and listed companies in China's capital market. The textile and garment sector has become an important part of the capital market. As a leading enterprise in various fields, it is not only the development of green, technology and fashion in the industry, but also the pioneer of innovation and excellence. Their benchmarking, advanced experience and development mode are of great significance for promoting industrial structure optimization and realizing transformation and upgrading.
In 2018, China Textile Corporation released the three year plan of integration of industry and finance in textile industry, which promoted the listing of textile enterprises, market value maintenance and refinancing, and merger and reorganization of industries as the key task of the industry's financial cooperation. And in the China Textile Federation, the division of labor was carried out by China Textile Asset Management Co., Ltd., which is responsible for promoting the related services of listed companies. The China Textile planning and Research Association is responsible for the investment value analysis, market maintenance and refinancing related services of the listed companies. The China Textile Management Association is responsible for bank loans, bonds, leasing, bills and other related services. From the current situation, the work has been carried out smoothly and has achieved certain results.
Among them, in promoting IPO financing. In accordance with the requirements of the three year plan of action, China Textile Federation has recommended 50 key points to the SFC, Shanghai Stock Exchange and Shenzhen Stock Exchange, and has issued three batch lists. Among them, 9 successful listed companies were the top ten companies in the recommended list. The release list plays three roles: the first industry endorsement increases the credibility of the censorship institutions; second, the stock exchange initiatively connects and strives for customers through the list, especially the science and innovation board and gem, and the three is that it is easier to get the financing of the B and C rounds and raise the valuation level.
Xiaoping, who concluded the work of Dong min Lian, said that the establishment of a listed company in the textile industry could be said to be the first case in all sectors of the country. First, it has played a positive role in strengthening the exchange of experience and the cooperation of listed companies. The two is the annual report on the development of the annual textile and apparel listed companies. Through this report, it is convenient to understand the status and trend of the industry and become the basis for formulating industry development. The three is to cooperate with the third party organizations, develop the performance cooperation system of listed companies, excavate the resources of high-quality listed companies in the industry, set up a model of the industry, and provide important reference for other enterprises.
At the same time, on behalf of the China Textile Federation, we put forward two suggestions for the work of the secretaries general: First, we hope to combine the performance evaluation and evaluation system Asys.16 of the listed companies of textile and garment industry (A competition system) for a more in-depth evaluation comparison analysis, which has a greater reference value for listed companies. Two, we hope to combine the market value maintenance, and the listed companies report more reflect the industry image and investment value. Only by improving the image of the textile industry can we better establish the image of the listed companies of textile and clothing so as to better enhance the valuation of listed companies, so that more textile enterprises can achieve IPO listing.
It is a great opportunity for domestic products and domestic brands to start domestic demand and internal recycling. This is precisely the inherent advantage of our textile and garment industry, so we should seize such an opportunity. We look forward to the role of China Textile Association in making full use of the role of friendship, communication, cooperation and win-win, innovation and development, and contributing to the society. We will explore new ways of innovation and development of textile and apparel listed companies and study the hot and difficult issues in the development of the industry, and make new and greater contributions to promoting the healthy and sustainable development of the textile and garment industry.
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