Textile City: Reorganization "dark horse" performance of substantial growth - HC mesh screen printing industry, especially

The new year has come, in 2004 Annual Report disclosure will commence market performance is expected to break out. Textile City (600 790), launched at the White Seiko holding a positive and effective restructuring of operations soared 686 percent the first three quarter results, expected annual results will have higher growth, but also with the network technology subjects worth investors focus. >> 2005 M & Event Inventory

  First, he transformed the performance increased significantly. Textile City (600 790) is the first professional markets as the main body of large listed companies, the main business (textiles) markets and premises leases, development and property management. Textile City's control textile market is the world's largest and most varied operations, the highest turnover of textile products wholesale market. Refinement into the Textile City Group, launched after a series of asset restructuring, asset replacement and management of change and other reforms, in April 2003 set up Textile City owned subsidiary?? Textile City Textile Printing and Dyeing Group Co., Ltd., opened the refinement Textile City Group prelude to the reorganization. Textile Printing Group was established, the Textile City and Textile Printing Group signed a series of transfer agreements, has direct control of its comfort and the U.S. Special Textile Co., Ltd. 75% stake in Zhejiang Efront Digital Textile Co., Ltd. 74.52% stake, and Yue Loong Textile division, easily spinning the company's share transfer to the Textile Printing Group. Then, spinning Indian group has excellent addition to poor survival, respectively, textile non-performing assets transferred to the refinement Group, and five companies, non-performing assets to achieve a successful divestiture, asset quality improved in order to improve performance foundation. Since 2004, company performance has shown a steady upturn in the first three quarter net profit of 16.7963 million yuan, a substantial increase compared with 686.19 percent over the same period last year, and expects full year results will also be a big increase in the annual report of the dark horse to become a foregone conclusion, investment value has been highlighted.

Second largest shareholder of the strength of great potential. Major shareholder refinement Group is a steel construction, machinery manufacturing as the leading industry, real estate development, textiles, professional market operators for the auxiliary industries such as large-scale enterprise group level is accomplished Shaoxing County, a private enterprise, can control the assets of 50 million yuan, with 16 holding, joint stock companies, in 2003 industrial enterprises in Shaoxing County, 50 in second place, Zhejiang hundred non-public (private) enterprises, refinement Group rankings 54, Group norms, strict internal management and well-known, leading industry brand prominence, "Precision technology," "Precision Steel" in the same industry in Zhejiang and even a higher profile and reputation. Jing Gong group has been able to successfully enter the White Light Textile City, in addition to its own strength, but also from its docking with the textile industry in the city. Refinement Textile City Group has a market area of 130,000 square meters, is the second largest owner and Textile City Market is the largest owners of listed companies in Textile City will have 220,000 square meters. In addition, the refinement in the Textile City Group has developed a professional market near the cloth market. Refinement in the wholesale market area of the Group a wealth of management experience and resources, substantial restructuring of its foreshadowed the Textile City.

Third, network technology dark horse, the real financial topics. Bigger and stronger in the primary sector also actively enter the high-tech field, and national key university, Zhejiang University jointly established by China Textile City Network Limited, is distinctive in the textile industry launched e-commerce trading platform: the world Textile Network, and Building a "Web Textile City", to promote the traditional physical market and rapid linkage between the development of the virtual market. Even more commendable is that the company shares 36% of Zhejiang Newgrand software company, as the State Torch Program Software Industrial Base backbone enterprises, China's largest and most competitive business management software developers, suppliers and age of electronic commerce solutions providers, are actively seeking, operating capital market, IPO, the company's investment in the future of great potential value-added space. Top technology companies beginning to take shape the layout of the field, will become the company's new profit growth point. The company also holds Zhejiang Bank (chips) 11.31% stake, its fourth largest shareholder. At present the banking business is good, investment and commercial banking may mean a better return on investment will be. Zhejiang Commercial Bank of size not large, but profitable for eight consecutive years, which undoubtedly will be the new company's profit growth.

Fourth, the central line strength trend is expected to speed up the rebound. Secondary market, the stock price severely oversold since 2001, with the company's fundamentals improve, return to the rational space is extremely broad. From the trend of the analysis, the stock recently presented from time to time the bottom of the heavy volume Yang Xian, capital Jiancang main signs of obvious, while the bottom continue to raise short-term, middle market has been gradually strengthened and is expected to speed up the rebound in market outlook, suggest that investors take an active interest.

I am China Manufacturers writer, reports some information about dove bar soap , olive oil soaps.