In the money whirlpool of the capital market, there are still many foreign investment participants of listed textile enterprises this year. Some enterprises have greatly improved the company's performance due to the good return on foreign investment, even exceeding the contribution rate of the main business. There is also the momentum of diversification and the main business advancing hand in hand. Some enterprises are hindered by investment, which hinders the overall performance decline. Judging from the current investment trend and business layout of enterprises, diversified investment seems to have become the general trend.
From the perspective of investment flow, there are several clear clues: in the main business, the substantial fluctuation of raw material market has driven the investment fever of raw material producing areas in Xinjiang; the huge potential of domestic consumer market makes it the focus of competition; scientific and technological innovation and technological transformation begin to determine the future fate in the competitive pattern. In non main business areas, real estate is still the main line. Affected by the regulation and control of real estate projects, most enterprises have not continued to enlarge their investment substantially, but the current high profit margin and income have not changed, which is still quite attractive. New energy continues to be favored by virtue of the "Twelfth Five Year Plan", among which the project selection and operation ability will determine the success or failure of investment.
Main business investment
Xinye Textile: joint venture to guarantee supply
As a large consumer of cotton, in order to guarantee the future supply, Xinye textile signed a project cooperation contract with Xinjiang production and Construction Corps in October. Henan Xinye Textile Co., Ltd. plans to establish a joint venture with the seventh regiment of the first agricultural division of Xinjiang production and Construction Corps and alar farm, with a total investment of 451 million yuan. The company will build a 200000 spindle combed cotton yarn production line in two years.
Bank of China cashmere: cooperation to build acquisition platform
The company and Zhangjiagang Zhongrong International Investment Co., Ltd. initialed the intention agreement on the construction project of Ningxia Zhongyin cashmere raw materials Co., Ltd., and initially determined that the total investment of the project is 2 billion yuan for purchasing cashmere raw materials. It is estimated that the raw material company will have an annual capacity of 5000 tons of cashmere purchasing, storage and primary processing. The company will be able to build and improve its own cashmere raw material purchasing information trading platform, warehousing and logistics platform and primary processing base, and form a large-scale, refined, information-based and professional industrial chain of cashmere purchasing, storage, washing and marketing.
Huafu color textile: acquire Xinjiang Huafu to expand production capacity
Huafu color spinning purchased 100% equity of Xinjiang Huafu with 62.17 million yuan in May, and invested 26 million yuan for technical transformation. After the completion of technical transformation, the company will add 130000 spindles of new color spinning capacity and 19500 tons of annual output. In December, the company raised 1 billion yuan to invest in the construction of 120000 spindles color spinning project in Wujiaqu, Xinjiang and 80000 spindles semi worsted yarn project in Shangyu, Zhejiang. After the project is put into operation, Xinjiang will add 22593 tons of high-grade cotton compact color spinning capacity per year, with an average annual after tax profit of 105.09 million yuan.
Net profit of Huafu color spinning in the first three quarters increased by 108% year on year
Wide extension of terminal antennae
Baoxinniao: subsidiary expands market
This year, the two subsidiaries of baoxinian plan to set up new subsidiary companies respectively. Baoxinniao subsidiary Wenzhou shenganjieluo baoxinniao Clothing Co., Ltd. plans to invest in the establishment of Zhejiang shengjieluo Clothing Co., Ltd. baoxinniao subsidiary Shanghai BAONIAO Clothing Co., Ltd. plans to invest in the establishment of Beijing BAONIAO Clothing Co., Ltd. in addition, it will increase the capital of Shanghai bilut Fashion Co., Ltd. by 15.3 million yuan. The purpose of this move is to realize the serialization of brand products, expand the original product categories and open up new markets.
Shandong Ruyi: exploring the way to merge Japanese enterprises overseas
In July, Japan's renown company announced that renown will issue about 4 billion yen (about ￥ 310 million) of shares to Shandong Ruyi. Shandong Ruyi will hold 41.18% of the shares and become the largest shareholder to control the operation of renown. The two companies also plan to set up a joint venture in Beijing to sell clothing brands such as renown's "simple life" in China, and strive to increase the number of stores to 2000 in 10 years. Shandong Ruyi intends to combine the design management advantages of overseas companies with its own manufacturing advantages, and jointly develop the domestic terminal market.
Meibang clothing: officially engaged in E-commerce
On December 18, banggou mall, the e-commerce B2C trading platform that the company has been preparing for for for a long time, was officially launched. Banggou mainly sells the company's brand clothing MB, MC and its own network brand ampm. The company will take e-commerce as the vertical integration platform of the value chain to explore the change of the sales mode of the clothing industry. At the same time, the rent of opening stores is saved, and the cost is significantly reduced.
Stock price performance of Meibang clothing
Profit point of science and technology incubation
Huamao Co., Ltd.: invest in high grade color spinning production line
In order to realize the pattern of interactive development of upstream and downstream industrial chains, the company uses advanced technology and manufacturing technology to open up new markets. It has signed an investment agreement with Changzhou Wujin Mahang yarn dyed fabric Co., Ltd. and Shanghai jisifang Fashion Co., Ltd. to set up a joint venture company to invest in the construction of 400 high-end yarn dyed fabric production lines, The joint venture company is temporarily known as "Anhui Huamao weaving and dyeing Co., Ltd." with a registered capital of 200 million yuan, the company accounts for 85%, and the total investment of the project is 300 million yuan.
Yike science and technology: Jiama Hanma strategic project
The company's subsidiary, hemp industry investment control investment Co., Ltd., plans to invest in the establishment of Shengzhou hemp Biotechnology Co., Ltd. The registered capital of the proposed company is 300 million yuan, and the initial capital contribution is 20% of the registered capital, that is 60 million yuan. The investment aims to open up the industrial chain for hemp bast fiber project, accelerate the large-scale production after the research and development of new hemp spinning technology and further comprehensive development of hemp.
China Resources Jinhua: 300 million yuan for layout and technical transformation
This year, China Resources Jinhua decided to expand the production scale of nylon 66 super fine denier and other superior products. The board of directors of the company deliberated and approved the proposal of the fourth phase technical transformation of Yantai China Resources nylon Co., Ltd., a holding subsidiary. China Resources nylon decided to use the existing plant infrastructure, combined with the existing production line, invest 311 million yuan, step by step to implement the fourth phase of technical transformation.
Investment in non main business real estate
Youngor: sales support market confidence
The net profit and earnings per share of "Diwang" Youngor in the textile industry both declined in the third quarter due to the decrease of settlement income and relatively low profit margin during the period. However, this does not affect Youngor's expansion plan in the real estate industry. The short-term profit is not obviously caused by the lag period of pre-sale and revenue recognition. The hot data will support the subsequent growth of the company's future business. On September 29, Youngor real estate bought Shanghai Changfeng plot with 3.3 billion yuan. On December 14, Youngor won 100% of the equity of Zhejiang inter Property Management Co., Ltd. with 450 million yuan, and obtained its investment capital.
Shenda shares: asset replacement to ensure performance
Due to the weakening of the main business of textile, Shenda shares turned to the real estate industry. In January 2010, the company announced the completion of asset replacement. The company plans to carry out asset replacement with the controlling shareholder Shanghai Shenda (Group) Co., Ltd. with a total amount of about 265.78 million yuan. After divestiture, 100% equity of Shanghai No.6 cotton textile factory and 100% equity of Shanghai No.2 printing and dyeing factory will be placed. The linked assets are two plots located in Shanghai. On December 14, the company announced once again that it would invest 80 million yuan to cooperate with the affiliated company Shanghai textile Real Estate Co., Ltd. to set up a development project company.
Black Peony: urban construction business is becoming the main business
In the main business income structure of black peony, construction business accounted for 62.68%, textile industry accounted for 29.62%, and * * accounted for 7.69%. Urban comprehensive development has gradually become the core of business. In May, the company signed a contract with Changzhou Xinbei land reserve center to be responsible for the land development of the subject plot, of which the total investment in the early development of the core plot is about 5.5 billion yuan. In June, the company raised no more than 3.8 billion yuan through private placement to invest in the first level development (phase I) project of northern New Town and Wanqing Liangtian construction project.
New energy has both profit and loss
Shanshan Co., Ltd.: deep cultivation of lithium battery business
The company has been involved in lithium batteries for several years. This year, Shanshan shares ushered in a new performance. In the first three quarters of 2010, the company's lithium battery materials business contributed 62.32 million yuan in net profit, up 147% year-on-year. From the composition of net profit, the profit contribution rate of lithium battery materials business has reached 77.69%. In December, the company announced that it would set up another lithium battery cathode material manufacturing company. Ningbo Shanshan New Energy Technology Development Co., Ltd., the holding subsidiary of the company, and T & I Hunan Investment Co., Ltd. signed relevant cooperation agreements on the cooperation of lithium battery cathode materials, and T & I increased the registered capital of Hunan Shanshan by 16.66667 million yuan.
Vosges: photovoltaic industry profits surge
At the beginning of the year, Vosges announced that most of the equipment of the first production line of Vosges PV had been installed and put into use one after another, and planned to produce products by the end of June 2010. In fact, the company's investment in the photovoltaic industry has achieved remarkable results. The third quarterly report shows that the company's investment income has increased by 2994%, and the company holds 50% of the shares. The company realized net profit of 20.66 million yuan and confirmed investment income of 10.33 million yuan in the current period. In the first half of this year, the company realized sales income of 21.34 million yuan and net profit of 12.54 million yuan, contributing more than 6 million yuan to the company. It is estimated that 600 million yuan will be realized this year.
Jiangsu Sunshine: first phase loss of polysilicon project
The company set up Ningxia sunshine silicon industry company with 234 million yuan. The new company has an annual production capacity of 4000 tons of polysilicon. The first phase of 1500 tons of polysilicon project of Ningxia sunshine Silicon Industry Co., Ltd., which is 65% owned by the company, has been produced. However, the price of domestic polysilicon dropped sharply in the first half of the year, resulting in the loss of the project. The operating profit margin of polysilicon is only - 24.84%. In the third quarter report, the company attributed the decrease of profit to the loss of Ningxia sunshine Silicon Industry Co., Ltd., the holding subsidiary of the company.