The Textile Industry Is No Longer Reserved, Reaching Out To The Capital Market To Invite And Dance Together.

We are always willing to believe that China

It is a fascinating myth, an industry that never dies, because we have the oldest industry history, the largest domestic market, the most stable and reliable resources, and the most primitive idea is that everyone wears clothes every day.

Perhaps the traditional textile and garment industry does not make people rich overnight, unlike the high-tech industries. However, under the background of serious homogenization and slow growth, textile and garment enterprises are no longer implicit and bold enough to extend their invitation to the capital market.

Listing became the first entry invitation for this senior ball.

The low foreign trade situation and the rising cost of raw material cost have severely damaged the profitability of the textile and garment industry since 2011.

according to

Data show that, as of April 22nd, 23 textile and apparel listed companies which have announced the first quarter earnings forecasts, 16 of them showed sharp decline in performance or net profit as losses.

It will take time for the economy to pick up. The reorganization and integration of the textile industry surfaced, and property rights pactions continued to be active. People outside the walls wanted to come in, and the people in the walls wanted to go out.

Liu Xiaodan, vice president of Huatai United Securities Co, believes that it is no longer necessary to mobilize enterprises to go public at the moment. "Listing" has been compromised and become a problem that enterprises have to face and choose.

Textile and garment enterprises have been listed in the past few years.

Since its development in 2009, about 200 enterprises have been listed every year, and a large number of enterprises will enter the capital market.

The enterprises that do not follow are either annexed or sold to the larger industry. If there is still room for independent survival, Liu Xiaodan's answer is rather "cruel": "yes, but it is very difficult."

For enterprises, the essence of listing should be a process that is ripe for improvement.

The development of textile and garment enterprises to a certain scale and docking with capital is an inevitable logical issue in the development process.

In addition to raising funds, the capital market also supports the expansion of enterprises' external aid, such as mergers and acquisitions of upstream and downstream enterprises, providing tools to help enterprises upgrade and upgrade.

However, in fact, the heat wave coming from the textile and garment enterprises listed on the market is more of the smell of money. The tide of listing even shows the ill condition of the "money trap". The structural reform of the listed companies has become a self reward reward by the restructuring of the listed companies.

Xia Guoxin, chairman of Shenzhen Ellassay Apparel Industrial Co, admitted that the listing was not simply buying and selling.

"Song is my child. It can't be sold for sale.

What is the purpose of an enterprise, whether to enjoy oneself or to make a career?

Listing is not for money, but for the brand. This is my personal purpose.

In addition, Xia Guoxin believes that the listing of enterprises is far more simple than money. "First, the company will be standardized, as a long-term business, listing has binding effect, to avoid making big mistakes; second, we can establish a mechanism of sharing interests and equity incentives; third, the value of brand publicity will greatly increase; and the last advantage is that it will not be a bad thing to make the business bigger and more expensive."

In the serious Chinese textile and garment industry, enterprises all know the importance of products, service and brand image, and the extension of this breakout has become the key to competition in the economic bleachers.