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Listing Of Cotton Enterprises, Sword Means Southeast Asia Overseas Layout Widening Profit Channel

2013/12/11 10:38:00 173

Southeast Asia Cotton Enterprises Labor Costs

"P >" China's textile and garment enterprises, especially small and medium-sized enterprises, are facing increasingly serious problems. They began to migrate factories to Southeast Asian and South Asian countries with more labour cost advantages. We must prevent the crisis of further migration of industries. " Gao Dekang, chairman of Bosideng, once said. 
Nowadays, the trend of textile enterprises spanferring capacity to Southeast Asia and South Asia is more and more obvious. P Economic Herald reporter noted that in the past month alone, several listed textile companies or related parties announced their investment plans in the above regions. 
"P > textile enterprises make such a choice, is it dangerous or machine for themselves and the whole industry?" Xiao Kun, a light industry researcher at CIC, said in an interview with reporters, "with the domestic and foreign a href=" //www.sjfzxm.com/news/list.aspx ClassID=101112107108 "> cotton price upside down /a and domestic labor costs soaring, the textile and garment industry is facing increasing pressure on industrial spanformation and upgrading, and the pace of" going out "has obviously accelerated. South East Asia and South Asia. 
 Pakistan Karachi Stock Exchange announced on Thursday that Shandong Ruyi (002193, stock bar) technology group (hereinafter referred to as "Ruyi technology") issued a takeover offer to Masood Textile Mills, a listed textile company in Pakistan, and plans to acquire the latter 31 million 200 thousand shares, or 52% shares. 
 data show that Qiu Yafu, chairman of Ruyi technology, is also a legal representative and chairman of Shandong Ruyi (002193). Ruyi technology also indirectly owns Shandong Ruyi 6.98% stake through Ruyi wool textile group. Qiu Yafu controlled Shandong Ruyi is one of the most enthusiastic overseas buyers in Shandong textile enterprises, and has been involved in Australia, Japan, Korea and New Zealand. 
 the announcement of the Karachi stock exchange did not disclose the purchase price in detail, but the company's stock price rose more than 5% from 6 consecutive trading days in November 27th, from 140.81 rupees to 48 rupees. After the dividend ex dividend in December 2nd, the company's share price continued to rise from 55.49 rupees to 6 rupees / shares on the 6 day, or about 7 yuan / share. 
P, another textile enterprise in Shandong, Lu Tai A (000726) announced its overseas investment plan last week, targeting Kampuchea, a Southeast Asian country. 
 according to the disclosure, the company intends to invest in the establishment of Lu Tai (Kampuchea) Limited company, with a total investment of US $8 million, accounting for 100% of the total investment. Lu Tai (Kampuchea) Co., Ltd. will mainly engage in the processing and sales of shirts, and other business activities that are in line with the laws of Kampuchea. The scale of production is 3 million shirts per year. 
 Lu Tai A said that the investment can give full play to the advantages of the company in the yarn dyed fabric, avoid the obsession of "a href=", "//www.sjfzxm.com/news/list.aspx ClassID=101112107107", "domestic labor force < /a", and continuously increase the cost, so as to give play to ASEAN's relatively low labor resources advantages and enhance the international competitiveness and profitability of the company's garment processing. 
Less than P, there is also a look at Kampuchea's cashmere industry (000982). The company has established a production enterprise in Kampuchea by renaming Kampuchea Xin Wang Knitting Co., Ltd. 91% of its shares and adding capital to the company, and renamed it as "Bank of China (Kampuchea) textile limited liability company". It mainly produces, processes and trades cashmere and other kinds of textile garments, and at the same time takes the subsidiary company as the main body to invest in the production of 2 million multi component special fiber knitwear production lines annually. Danger and machine turn up .
 "now that domestic demand is not booming, export orders have decreased by 1/3 this year, and many customers have gone to Southeast Asia." Mr. Meng, head of a textile enterprise in Xiajin County, Dezhou, said many of her colleagues began to consider setting up factories in Southeast Asia. "Like Kampuchea, labor costs per month are less than 1000 yuan per person per month, but in the country, the monthly wage of a front-line worker is close to 3000 yuan." 
 the gap between cotton price and labor cost does lead to the loss of low-end orders in the textile industry to Southeast Asia in the past two years. Since the beginning of last year, this shift has accelerated the trend. The increasing cost of manpower and land in the Midwest of China has weakened the investment enthusiasm of enterprises. On the other hand, the Southeast Asian region has not only low operating costs, but also the enthusiasm of local governments for attracting foreign investment. Xiong Xiaokun explained. 
 however, many people in the industry believe that "going global" to seek better resource allocation and establish a more efficient multinational supply chain is the inevitable trend of textile industry in the context of current spanformation and upgrading. 
 Wang Tiankai, President of the China Textile Industry Federation, said that the current "a href=" //www.sjfzxm.com/news/list.aspx "ClassID=101112107105" international textile industry < /a > spanferring to the developing countries with more cost comparative advantages has intensified the competition in the international market, but has been able to resolve the excess capacity, and has also provided opportunities and power for China's textile industry to accelerate the establishment of a new international competitive advantage. 
 in fact, not only Chinese textile companies began to "go to sea," but also in the second half of this year, foreign textile enterprises have shifted positions in Chinese factories. 
P, the head of the Information Department of the textile chamber of Commerce, said that the Japanese Castle Peak commercial plan was built in Indonesia to build a direct camp plant. The proportion of its production in China will be reduced from 70% to less than 50%. The third chamber of Commerce plans to spanfer some orders from down garments to Burma, to turn Kampuchea's summer jacket jacket clothing orders to Kampuchea, and UNIQLO plans to expand its capacity in Bangladesh and Indonesia to reduce its production proportion from 75% to 60%. 
 aiming at the worries expressed by many entrepreneurs like Gao Dekang, Xiong Xiaokun told reporters that industrial gradient spanfer is unavoidable and late turn is not as early as possible. He suggests that enterprises can still keep their positions in high-end fields, such as fabric functionalization and fashion styling, and use surplus funds to develop new fabrics with high technology content, such as high fiber, non iron and nano technology.