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Textile merger integration and transformation of innovation will usher in a new peak

Published on:2015/1/14 11:21:09

Keyword:The textile industry, market, costumes, textiles, price, condition, clothing, clothing, cotton, and statistics
Introduction:As "soe reform roadmap" increasingly clear, renewed industries "reform", and to develop a mixed sector of the economy is this round of deepening the r...

as the "state-owned enterprises reform roadmap" increasingly clear, renewed industries "reform", and to develop a mixed sector of the economy is this round of deepening the reform of state-owned enterprises "grand opera".The textile industry in 2014 is still facing the test of fundamentals did not improve, reform of state-owned enterprises, short-term will improve the profit level of state-owned assets, and in the long run, the merger integration of textile industry transformation and innovation will usher in a new peak, this strong impetus to reform, for the value of these enterprises, will have the very big enhancement.

as the "state-owned enterprises reform roadmap" increasingly clear, renewed industries "reform", and to develop a mixed sector of the economy is this round of deepening the reform of state-owned enterprises "grand opera".For the textile industry itself, market competition degree is higher, but as a result of problems left over by history around the reform of state-owned textile enterprises face difficult problem.

according to the statistics data show that the present in the textile industry listed companies, state-owned enterprises and local state-owned enterprises with a total of 16, total market capitalization of state-owned enterprises accounted for about 16% of total market value to the whole textile clothing plate.From the industry, enterprises are mainly concentrated in the background of state-owned enterprises processing and manufacturing sectors, six, wool spinning, cotton spinning companies among companies two four, ready-to-wear clothing manufacturing companies.

although the most textile enterprises in the capital market performance is not bad, with resources are relatively abundant, but the management benefit is declining.

Group (601718),

, in addition to the international China belongs to the military background of the enterprise, the other 15 companies are generally competitive enterprise, enterprise system widespread abuses, industry chain, performance losses, even ST danger.And the same, this round of the reform of the power is strong, for the value of the enterprise, will have the very big enhancement.

fired the first shot

Shanghai first catch "good platform",

in this round of reform of state-owned assets, due to its financial centre in Shanghai, and state-owned enterprises have huge volume and assets, started the reform of state-owned assets "first shot".

On December 17,

in 2013, deepening the reform of state-owned assets in Shanghai to promote enterprise development work conference officially issued "on further deepening the reform of state-owned assets in Shanghai to promote the opinion of the enterprise development".According to the state-owned assets supervision and administration of planning of Shanghai, this year will focus on the industrial chain, value chain and chain function, strengthen the vertical integration and horizontal linkage, promote the competitive enterprises of diversified ownership reform, function classes with public service enterprise competitive business to introduce strategic investors, to explore the franchise public service industry.

Shanghai is the most concentrated areas, state-owned textile enterprises, a total of four listed companies are Shanghai SAN MAO (600689), leading shares (600626) (600630), shenda shares with open industrial (600272).

, in fact, the related reform movement has been carried out.At the end of 2013, leading shares a wholly owned subsidiary - conch costumes, malu shirt factory will hold a 100% stake to shenda group of industrial 100% stake in the asset substitution.

leading shares with shenda shares of Shanghai textile holding (group) co., LTD. Of the listed company, and the asset replacement, also pulled open the prelude of Shanghai textile state-owned enterprises to adjust.According to the Shanghai sasac relevant personage, Shanghai textile, when making group reform is bound to use good shenda share this "platform", in order to develop a mixed ownership.

The top

design under

Capital "pioneering role"

,

In

countries, macro "enterprise from tube to tube capital" to "single ownership into mixed ownership", under the guidance of various reform situation is not the same.

in shenzhen as an example, the key to the reform way of thinking is the business of "refocusing strategy", namely the main business, solves competition, highlight group co., LTD. Its main business, will be one of the main business in the field of integrated into a leading enterprise, the only listed company to form a single industry.

spearhead reform of shenzhen state-owned assets is shenzhen investment holding co., LTD. (hereinafter referred to as the "shenzhen investment control"), which is a property management, capital operation and investment and financing business for the main business of state-owned assets management company.On March 17, shenzhen investment holding co., LTD of deep textile (000045) A 26% ~ 29% of the company, according to the announcement, according to shenzhen for controlling the transfer of shares not less than 132 million and not more than 147 million shares, the 30 trading days prior to the transfer price is not lower than the weighted average price.

and with the shenzhen state-owned assets "step out" it is not the same in hunan sasac cling to the transformation and upgrading of enterprises.China rose shares (600156) as the main textile business for many years, the bad results in the actual control of people under the guidance of state-owned assets supervision and administration commission of hunan province, China shares big shareholders - hunan China litres group at the end of 2012 with the listed company asset replacement, in hunan collect a 51% stake in medicine machine transformation from the traditional textile industry high-end pharmaceutical equipment industry.

Mid

as a result, also loss 26.41 million yuan up shares of China (600156) to complete the annual performance counter attack.Company on January 27th evening revealed 2013 annual performance increase announcement, is expected to complete 2013 net profit attributable to shareholders of listed companies compared with a year earlier, will increase by 1570% ~ 2050%.

clear reform purpose"Main melody"

for investment

from the perspective of the reform of the state-owned textile enterprises, through the reorganization merger or asset injection, introduction of strategic investors, the state-owned capital exit with the worker's equity incentive, management, promote state-owned equity flows, the full play to the advantages of state-owned assets, the state-owned enterprises face directly with private enterprises competition, play the enthusiasm of their own creativity.

for the capital market, state-owned enterprises reform investment there are two main themes: one is the group platform value of listed companies of state-owned enterprises and found that the specialization of restructuring, under the premise of the market, the profit and growth good asset listed separately or injected into the listed company, at the same time, stripped of the listed company, the main business, to improve the company's market capitalization with a financing function of play to form a positive impact, completion of the value of state-owned assets.Secondly, the state-owned enterprises management from "big" to "stronger" to bring value for improvement of the relevant company.Driving conditions and mature industry take the lead in the transformation to the strategic emerging industries, encourage the state-owned enterprises to actively "go out", to speed up the training with strong international competitiveness of state-owned multinational companies.

but the standing committee of the CPPCC national committee, economic committee, deputy director of association of listed companies in China ni weidou also points out that under the condition of the institutional framework is not yet clear to operation, could give further reform.Should first clarify the purpose of the reform, to the construction of system and mechanism, design a feasible scheme, properly handle the problems left over by history, the necessary pilot, and then mass action, so as to guarantee the reform actively and steadily.

textile industry in 2014 is still facing the test of fundamentals did not improve, reform of state-owned enterprises, short-term will improve the level of profit of state-owned assets, and in the long run, the merger integration of textile industry and the transformation of innovation will usher in a new peak.


Keyword:The textile industry, market, costumes, textiles, price, condition, clothing, clothing, cotton, and statistics

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