Textile And Garment Industry 3 Monthly Report: Smart Wear Opens New Space For Garment Industry.

< p > domestic consumption slightly increased, profits of textile enterprises continued to be thickened < /p >

The economic recovery of "P > Europe and America has played an obvious positive role in our" a target= "_blank" href= "//www.sjfzxm.com/" textile "/a" a target= "_blank" href= "_blank" > clothing export products. In addition, the "direct subsidy policy" that may be fully implemented this year will play a two-way guarantee for the cotton price stability and the cost reduction of cotton enterprises. It is expected that the economic benefits of textile and garment enterprises will be further improved this year.

In the 13 years, the operating profit of textile enterprises accumulated 19.08% year-on-year, much better than that of garment enterprises 9.83%.

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< p > market trend < /p >

In February, the Shanghai Composite Index fell 2.72%, the Shanghai and Shenzhen 300 index fell 3.77%, the Shen Wan textile and garment industry rose 2.92%, the Shen Wan textile manufacturing industry index rose 3.77%, and the Shen Wan clothing textile industry index rose by 2.09%. P

By the end of 2, the valuation of textile and garment industry was 24.02 times, the value of textile manufacturing industry was 36.64 times, and the value of apparel textile industry was 19.08 times.

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< p > investment strategy < /p >

< p > February, the textile industry's growth is still higher than that of the apparel home textile industry.

The original business growth of clothing home textiles is still relatively slow, and the industry turning point is not yet available, but the emergence of the concept of smart wear has added a new growth point to the garment industry.

AOKANG international, for example, has recently developed smart wear and is developing research and development of high-tech products such as a target= "_blank" href= "//www.sjfzxm.com/", shoes less than /a and step shoes.

AOKANG's shoes, which are similar to satellite navigation shoes, are popular products in the world. They combine GPS technology with shoes to indicate the direction, and step shoes can pmit motion data in real time.

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< p > another forerunner is Pathfinder. The company not only develops smart wear, has launched the first intelligent outdoor intelligent Bluetooth bracelet, at the same time, it has entered the Internet application field vigorously, acquired the "green field" platform, increased Asiatravel to consolidate the internet tourism status, and launched the first outdoor sports integration service APP in China.

In the initial stage of product R & D and platform construction, we can not determine its long-term performance. However, "intellectualization" will become a major trend in the consumer sector. Then the problem of business orientation can be solved, and the burst of stock prices in the short term can be expected, and its long-term value still needs to be observed in R & D investment, product competitiveness and order results.

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< p > the sales data of garment home textile industry show that the growth rate of men's wear and footwear companies is in a position, and home textile companies are slightly better.

Traditional clothing home textile companies rely on the limited development of the original mode, which is mainly restricted by residents' disposable income and consumption growth.

The "smart wear" is likely to drive the new "demand" with the new supply, and develop new fields on the basis of the original consumption.

Therefore, we are optimistic about pioneers such as Pathfinder and AOKANG international.

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"P > textile manufacturing industry is stimulated by direct subsidy policy. The stability of cotton prices will further benefit cotton enterprises to expand profits. We will continue to recommend Lu Tai A, Huafu color spinning and Baron East, as well as the silver cashmere industry.

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