2013 Garment Industry Cycle Shortened Prospects For Concern

< p > > a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a > industry is everyone's concern, and every industry has a development cycle, but it is reflected in the a target= "_blank" href= "target=" > textile > garment industry cycle changes, but shortened to three years. In 2011, when the industry was booming, the fixed increase was forced to cancel after two years because of a sharp decline in the industry. Xun Xing shares 7.12-4.04%. < /p >
< p > Xun Xing shares (002098, stock bar) announced yesterday that the board of directors of the company had deliberated and passed the motion on terminating the implementation of the stock scheme of the non-public Development Bank and agreed to submit it to the shareholders' meeting for consideration. < /p >
< p > this decision, the company said that because of the economic downturn, the downstream textile and garment industry did not show signs of recovery in the short term, such as increasing investment in zippers and buttons industry is expected to produce no expected benefits; at the same time, in view of the stable operation of the company, the use of its own funds to meet the necessary equipment renewal and automation transformation needs, so the company will terminate the implementation of the issue of non-public offering of shares. < /p >
< p > check up the plan at that time. The company intends to make a specific stock with no more than 10 investors at a price of not less than 6.86 yuan per share, issuing no more than 47 million shares of the non-public offering, and raising the total amount of funds no more than 320 million yuan. It is intended to be applied to the "zipper production line technical transformation project", "marketing network construction project", "R & D center construction project" and "new button production project". < /p >
What P has to mention is that when the "a href=" //www.sjfzxm.com/news/index_c.asp "Xun Xing shares" /a "2011 is proposed to be issued in private, it is in the demand of the downstream industries, and the international competitive advantage is obvious. The company intends to enhance the degree of automation by non-public offering, and realize the comprehensive upgrading of the company's marketing service network. < /p >
< p > however, contrary to expectations, since 2012, due to many factors such as sluggish external demand, slowing domestic demand and rising prices of production factors, the economic growth of China's textile industry has shown a significant slowdown. Textile and apparel listed companies mostly suffered from "Waterloo" last year, and Xun Xing shares were also not immune. < /p >
< p > financial data show that the company achieved operating income of 934 million yuan last year, down 10.03% compared to the same period last year, and realized net profit of 36 million 228 thousand and 100 yuan, down 44.02% compared with the same period last year. From the main products, the company's code zipper, zipper and pull head business income decreased by 14%, 9.43% and 3.29%, respectively. < /p >
< p > in the first half of this year, the company expects net profit to grow by 60% to 90% over the same period last year. The company said that the acquisition of good performance was due to the decline in the prices of main raw materials, the effect of cost and expenses, and the adjustment and optimization of the product structure of customers and companies. < /p >
< p > however, looking at the entire textile and garment industry, the performance of the whole industry in the first half of this year is obviously divided. According to the data, 56 textile and garment enterprises, 24 listed companies declined in the first half of this year, < /p >