In the whirlpool of money in the capital market, there are still many foreign investment from listed textile enterprises this year. Some companies have greatly improved their company's performance due to their good returns from foreign investment, even exceeding the contribution rate of their main business, and there is a momentum of diversification and main business development. Judging from the current investment trends and business layout of various companies, diversified investment seems to have become the general trend.

From the perspective of investment flow, there are several clear clues: in terms of main business, the sharp fluctuations in the raw material market have driven the investment boom in projects in Xinjiang, where raw materials are produced; the huge potential of the domestic consumer market makes it the focus of competition; technological innovation and technology Transformation begins to determine the future destiny in the competitive landscape. In the non-main business field, real estate is still the main line, and real estate projects are affected by regulation and control, and most companies have not continued to significantly increase investment, but the current high profit margin and income have not changed, and they are still quite attractive; The benefits of the Five-Year Plan continue to be favored, among which project selection and operational capabilities will determine the success or failure of investment.

Main business investment - master the initiative of raw materials

Xinye Textile: Joint venture to ensure supply

As a major cotton user, in order to ensure future supply, in October, Xinye Textile and Xinjiang Production and Construction Corps signed a project cooperation contract. Henan Xinye Textile Co., Ltd. plans to jointly invest 4.51 100 million yuan to set up a joint venture, the company will build a 200,000-spindle pure cotton combed yarn production line within 2 years.

Bank of China Cashmere: Cooperation to build an acquisition platform

The company and Zhangjiagang Zhongrong International Investment Co., Ltd. initially signed an agreement of intent on the construction project of Ningxia Zhongyin Cashmere Raw Materials Co., Ltd., and preliminarily determined that the project plans to invest a total of 2 billion yuan for the acquisition of cashmere raw materials. It is expected that the raw material company will have an annual production capacity of 5,000 tons of raw cashmere for purchase, storage and primary processing. Professional raw cashmere collection, storage, washing and sales industry chain.

Huafu Color Spinning: Acquisition of Xinjiang Huafu to expand production capacity

Huafu Color Spinning acquired a 100% stake in Xinjiang Huafu for 62.17 million yuan in May, and invested 26 million yuan in technical transformation. After the technical transformation is completed, the company will add 130,000 spindles of color spinning capacity, with an annual output of 19,500 tons. In December, the company raised 1 billion yuan to invest in the construction of the 120,000-spindle color spinning project in Wujiaqu, Xinjiang and the 80,000-spindle semi-worsted yarn project in Shangyu, Zhejiang. The spinning capacity is 22,593 tons per year, and the average annual after-tax profit is 105.09 million yuan.

The net profit of Huafu color spinning in the first three quarters increased by 108% year-on-year

Wide extension of terminal tentacles

Annunciation Bird: Subsidiary Expands Market

This year, the two subsidiaries plan to set up new subsidiaries respectively. The Baoxiniao subsidiary Wenzhou San Anjie Luo Baoniao Clothing Co., Ltd. plans to invest in the establishment of Zhejiang Shengjieluo Clothing Co., Ltd., and the Baoxiniao subsidiary Shanghai Baoniao Clothing Co., Ltd. It is planned to invest in the establishment of Beijing Baoniao Clothing Co., Ltd. In addition, it will increase the capital of Shanghai Bilute Fashion Co., Ltd. with 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: M&A of Japanese companies to explore the way overseas

In July, Japan's RENOWN company announced that RENOWN will issue an additional 4 billion yen (about 310 million yuan) shares to Shandong Ruyi, and Shandong Ruyi will hold 41.18% of the shares and become the largest shareholder, controlling the operation of RENOWN company. The two companies also plan to set up a joint venture in Beijing to sell RENOWN's "Simple Life" and other brand clothing in China, and strive to increase the number of stores to 2,000 in 10 years. Shandong Ruyi aims to develop the domestic terminal market by combining the design management advantages of overseas companies with its own manufacturing advantages.

Smith Barney Apparel: Formally Entered into E-commerce

On December 18, the company's long-prepared e-commerce B2C trading platform, Banggo Mall, was officially launched. Banggo mainly sells the company's brand apparel MB, MC and its own brand AMPM. The company will use e-commerce as the vertical integration platform of the value chain to explore the transformation of the clothing industry sales model. At the same time, the rent for opening a store is saved, and the cost is significantly reduced.

Smith Barney's share price performance

Tech Incubation Profit Points

Huamao Co., Ltd.: Investing in the construction of high-end color spinning production line

In order to realize the pattern of interactive development of upstream and downstream industry chains, the company uses advanced technology and manufacturing technology to open up new markets, and signed the "Investment Agreement" with Changzhou Wujin Mahang Yarn Yarn Co., Ltd. and Shanghai Jisifang Fashion Co., Ltd., It is planned to establish a joint venture company to invest in the construction of 400 high-end yarn-dyed production lines. The joint venture company is tentatively named "Anhui Huamao Weaving and Dyeing Co., Ltd.", with a registered capital of 200 million yuan, and the company accounts for 85%. The total investment of the project is 300 million yuan.

Yike Technology: Overweight Hemp Strategic Project

The company's subsidiary, Hemp Industry Investment Holding Co., Ltd., plans to invest in the establishment of Shengzhou Hemp Biotechnology Co., Ltd. The registered capital of the company to be established is 300 million yuan, and the initial capital contribution is 20% of the registered capital, that is, 60 million yuan. This investment aims to open up the industrial chain for the 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 layout technology transformation

This year, China Resources Jinhua decided to expand the production scale of nylon 66 ultra-fine denier and other advantageous products. The company's board of directors reviewed and approved the proposal to implement the fourth-phase technical transformation of its holding subsidiary, Yantai China Resources Nylon Co., Ltd. China Resources Nylon decided to use the infrastructure in the existing plant and combine the existing production line to invest 311 million yuan to implement the fourth phase of technological transformation step by step.

Non-main business investment - real estate is very popular

Youngor: Sales support market confidence

The "King of Land" in the textile industry Youngor's third-quarter net profit and earnings per share declined both due to the decrease in the settlement income of the *** business during the period and the relatively low profit margin, but this did not affect Youngor's expansion plan in the real estate industry. The lack of short-term profit is only caused by the lag period of pre-sale and revenue recognition, and the hot-selling data will support the subsequent growth of the company's *** business in the future. On September 29, Youngor Real Estate bought the Shanghai Changfeng plot for 3.3 billion yuan. On December 14, Youngor bid for 100% equity of Zhejiang Inte Property Management Co., Ltd. with 450 million yuan, and obtained its investment property.

Shenda shares: asset replacement to ensure performance

Due to the weakening of the main textile business, Shenda shares turned to the real estate industry. In January 2010, the company announced the completion of the asset replacement. The company plans to carry out a total amount of assets of about 265.78 million yuan with the controlling shareholder Shanghai Shenda (Group) Co., Ltd. replacement. Invested 100% equity of Shanghai No. 6 Cotton Textile Factory after stripping and 100% equity of Shanghai No. 2 Printing and Dyeing Factory after stripping. The contiguous block assets placed are two land parcels in Shanghai. On December 14, the company announced again that it invested 80 million yuan to cooperate with the affiliated company Shanghai Textile Real Estate Co., Ltd. to establish a private development project company.

Black Peony: Urban construction business has gradually become the mainstay

In the main business income structure of Black Peony, construction business accounts for 62.68%, textile industry accounts for 29.62%, and *** accounts for 7.69%. Urban comprehensive development has gradually become the core of the business. In May, the company signed a contract with Changzhou Xinbei Land Reserve Center to be responsible for the land development of the target plot, of which the total investment in the pre-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 the northern new city and the construction of thousands of acres of fertile land.

New energy has profit and loss

Shanshan Co., Ltd.: Deeply cultivating lithium battery business

In the first three quarters of 2010, the company's lithium battery material business contributed a net profit of 62.32 million yuan, a year-on-year increase of 147%; from the perspective of the composition of net profit, lithium battery materials The profit contribution rate of the business has reached 77.69%. In December, the company announced that it will set up a lithium battery cathode material manufacturing company. Ningbo Shanshan New Energy Technology Development Co., Ltd., a subsidiary of the company, signed a cooperation agreement with T&I Hunan Investment Co., Ltd. on the cooperation of cathode materials for lithium batteries, and T&I increased the registered capital of Hunan Shanshan by RMB 16.66667 million.

Vosges shares: PV industry profits surge

At the beginning of the year, Vosges announced that most of the equipment for the first production line of Vosges PV had been installed and put into use one after another. 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%. The company's 50% stake in EF Photovoltaic Company achieved a net profit of 20.66 million yuan in the current period, and confirmed investment income of 1033 In the first half of this year, Efu Photovoltaic achieved sales revenue of 211.34 million yuan and net profit of 12.54 million yuan, contributing more than 6 million yuan to the company. It is expected to achieve revenue of 600 million yuan this year.

Jiangsu Sunshine: First phase loss of polysilicon project

The company established Ningxia Sunshine Silicon Industry Co., Ltd. with a price of 234 million yuan. The new company has an annual production scale of 4,000 tons of polysilicon. The first phase of Ningxia Sunshine Silicon Co., Ltd., which is 65% owned by the company, has an annual output of 1,500 tons of polysilicon. The sharp drop in prices caused the project to lose money, and the polysilicon operating profit margin was only -24.84%. In the third quarterly report, the company attributed the decrease in profit to the loss of Ningxia Sunshine Silicon Industry Co., Ltd., a controlling subsidiary of the company.