Yeco Technology: Chinese Hemp Yarn Project Or Commissioning In The Middle Of Next Year

　　 Yi Ke Technology insiders said recently that the hemp spinning project in Jiayu, Hubei, is expected to be put into operation in the middle of next year, and the capacity will increase significantly.

The order of military products this year is unchanged from last year, and there is no big breakthrough in order for civilian products, so we need to intensify our efforts to expand the market to adapt to the new capacity. At present, the hemp clothing market in China is still in the market incubation period. The YOUNGOR hemp yarn ordering from the company every year increases year by year, and the hemp shirt sales are good. The development of hemp home products is focused on the development and sale of hemp functional wall covering, and the market promotion work has just started.

According to company sources, the company's Hemp holding company will invest in the hemp industry in the future, not limited to the textile and garment industry. The company said that in the future, the capacity utilization rate of hemp holdings will be increased and profits will be realized, and the shareholding of hemp holdings will be considered. According to introducing, the hemp industry also involves medicine, health care, building materials, light industry, daily necessities and other fields. The company will comprehensively develop and utilize hemp biomass resources in the future.

　　 company Through allotment financing to invest in the hemp spinning project, the rights issue is being purchased online. The project feasibility analysis report shows that after the completion of the hemp spinning project, the annual sales revenue is expected to reach 604 million yuan, with an annual average profit of about 57 million 370 thousand yuan. Some analysts pointed out that the sale of hemp products in the short term is unlikely to be a major breakthrough, and the new projects will also increase costs and make a bad profit time.

　　 Joint venture shares: the rapid growth of James's fabric exports

China international textile fabrics and accessories expo news came out that the sales growth in the first three quarters of the joint stock company accounted for 25%, of which the export growth rate reached 50%. In October, it entered the peak season for orders, and continued to be optimistic about the export market in the fourth quarter.

MediaTek Shares James's textile subsidiary said that the annual sales volume of James's spot fabric was nearly 300 million yuan, which accounted for about 1/10 of the total sales volume of the joint stock company. The brand fabric accounts for over 60% of domestic sales. The current domestic market is sluggish, and export growth is fast. Exports account for over 50% in two years. The company will intensify its efforts to open up markets in Europe and the United States.

Lian FA executives said recently that the overall order situation this year is not much different from that of last year. The market is not as good as expected, and the annual growth is far below the previous year. The net profit of the company increased by 20.98% over the same period last year. Net profit in the first half of this year increased by 6.05% compared with the previous year, and the net profit increase in the first three quarters was less than 10%.