What Do Dozens Of Directors And Secretaries Of Textile And Clothing Listed Companies Pay Attention To? Discuss The Brand Value Of Multi Linkage Force At The Annual Meeting Of The Alliance

With the arrival of the intensive disclosure period of the third quarter reports of listed companies, the textile and clothing sector, which can not be ignored in China's capital market, will also show its report card in succession. According to statistics, At present, there are more than 300 textile and clothing enterprises in China's capital market, and the textile and clothing sector has become an important part of the capital market. How to better serve and guide the healthy development of listed companies in the domestic textile and clothing industry, strengthen the interaction and cooperation of various listed companies in the industry, further improve the development quality of listed companies, enhance the core competitiveness of enterprises, and constantly hand over beautiful transcripts have become the focus of attention of the whole industry.

On October 30, centering on the theme of "promoting high-quality development and enhancing plate influence", "2019 Annual Meeting of the Board Secretary Alliance of Listed Companies in China's Textile and Clothing Industry" It was successfully held in Beijing. The annual meeting also released List of Top 10 Listed Textile and Clothing Companies in Shanghai and Shenzhen Stock Exchanges in 2018, 2018 Development Report of Listed Textile and Clothing Companies as well as Performance Evaluation Report of Textile and Clothing Listed Companies in Shanghai and Shenzhen Stock Exchanges in the First Half of 2019 。

This annual meeting is held by China Textile Industry Federation Guidance, China Textile Planning Research Association, China Textile Construction Planning Institute host , Board Secretary Alliance of Listed Companies in China's Textile and Clothing Industry (Secretariat) undertake.

Li Jincai, Deputy Secretary General of China Textile Industry Federation, Feng Dehu, Executive Chairman of China Textile Planning and Research Association, President of China Textile Construction Planning Institute, Chairman of the Board Secretaries Alliance of Listed Companies in the Textile and Clothing Industry, Wang Chunsheng, Deputy Secretary General of China Textile Planning and Research Association, Yang Weichao, Deputy General Manager of the headquarters of Industrial Securities Investment Bank, and Head of the Fashion Consumption Group of CITIC Securities Investment Bank Liang Yong , as well as relevant experts from China Textile Planning Research Association and China Textile Construction Planning Institute, from Jingwei Textile Machinery, Beijing Dahao, Lutai Textile, Ruyi Group, Luolai Life, Bienlefen, Jinghan Shares, Jihua Group, Anzheng Fashion, Senma Clothing, Guangwei Composites, Beijing Fangsheng Group, Shaanxi Qirui Textile, Shanghai Puxi, Meida Shares, Taihua New Materials More than 20 board secretaries of listed companies in the textile and clothing industry, including Huamao Shares, Hongdou Shares, Tianfangbiao, Huasheng Shares, attended the meeting.

Yu Yizheng, Executive Vice President and Secretary General of China Textile Planning Research Association Chair the meeting.

Li Jincai, Deputy Secretary General of China Textile Industry Federation In his speech, he said that listed companies in China's textile and clothing industry are concentrated representatives of innovative enterprises, leading enterprises in various professional fields and pioneers in the industry. Facing the "new environment", it is of positive significance for listed companies to play a leading role in their respective fields, play a promoting role in the transformation and upgrading of the industrial structure, stimulate endogenous power, and promote high-quality economic development.

In order to further strengthen the contact and exchange between listed companies in the textile and clothing industry, give play to the leading role of advantageous enterprises in the industry, and drive industrial progress through complementary advantages and resource sharing, In August 2017, China Textile Planning Research Association and China Textile Construction Planning Institute jointly established the "Board Secretary Alliance of Listed Companies in China's Textile and Clothing Industry" with 9 textile and clothing listed companies. Since its establishment two years ago, under the leadership of the Executive Committee and the efforts of the Secretariat, the Board of Directors and Secretaries has carried out fruitful work. Through various activities, it has actively served listed companies, constantly promoted textile and clothing listed companies to explore new paths for innovative development, and promoted the sustainable and healthy development of the industry.

Developed by China Textile Planning Research Association "Evaluation system for listed companies in textile and clothing industry" (Including the Comprehensive Evaluation System of Operation and Development Performance of Listed Companies in Textile and Clothing Industry Asys.16, Health Index (HIS (Score) Evaluation System, Development Index Dsyz. 2 System) is an evaluation system that scientifically evaluates the performance of listed companies, studies and judges the operating status and development trend of listed companies. The evaluation results are objective and reasonable, and can serve people and institutions who pay attention to listed textile and clothing companies, It has provided the basis for the first industry finance conference of China Textile Association held at the end of last year to release the ranking of listed textile and clothing companies.

"Friendship and exchange, win-win cooperation, innovative development and dedication to society" is the focus and purpose of the work of the Board of Directors and Secretaries Association. On this platform, textile and clothing listed companies can achieve win-win cooperation, promote the healthy and sustainable development of the industry, and improve the competitiveness of enterprises through mutual communication, learning, expanding contacts and resources, and complementing advantages.

Feng Dehu, Executive Chairman of China Textile Planning Research Association, President of China Textile Construction Planning Institute, Chairman of the Board Secretary Alliance of Listed Companies in the Textile and Clothing Industry The Development Report of Textile and Clothing Listed Companies in 2018 and the Performance Evaluation Report of Textile and Clothing Listed Companies in Shanghai and Shenzhen in the First Half of 2019 were made to analyze and summarize the current development of China's national economy, capital market and industry economy.

Feng Dehu said that in the first half of 2019, the profitability of textile and clothing listed companies in Shanghai and Shenzhen continued to increase and the quality of earnings improved steadily. In the first half of 2019, textile and clothing listed companies in Shanghai and Shenzhen achieved a total operating revenue of 517.88 billion yuan, an increase of 10.31% over the same period in 2018. From the distribution of operating revenue, the operating revenue in the first half of 2019 is mainly concentrated in the "200 million to 2 billion" range, with a total of 106 enterprises. From the perspective of industry segments, chemical fiber and clothing and apparel business income is the largest, accounting for 32.01% and 23.07% respectively. The results of earnings quality evaluation and health index evaluation of 166 listed companies mainly engaged in textile and clothing in Shanghai and Shenzhen Stock Exchanges in the first half of 2019 were 45.02 and 82.08 respectively. The industry's income generating capacity, profit quality and industry operation health are good.

He stressed that according to the objectives of the Three Year Action Plan for the Integration of Industry and Finance in the Textile Industry formulated by the China Textile Association Through three years of cultivation, the market value of the textile and clothing industry will be more than doubled by 2020 to 2017. In the face of macroeconomic level, trade environment, cost factors, changes in consumption structure and other situations, listed companies should also pay attention to the maintenance of market value, and there is a long way to go to realize this plan.

During the annual meeting, Wang Chunsheng, Deputy Secretary General of China Textile Planning Research Association The "Top 10 List of Listed Textile and Clothing Enterprises in Shanghai and Shenzhen in 2018 Comprehensive Performance and Three Major Individual Indicators in Mid 2019" was read out. (The list is as follows)

We made a special speech on the issues of common concern to the textile and clothing listed companies in Shanghai and Shenzhen, such as strengthening market value management, reducing the "value and price deviation", and improving the influence of the textile and clothing sector. The guests at the meeting held discussions, exchanges and experience sharing, In order to effectively help the majority of textile and clothing listed companies to solve the common problems and common concerns in the process of high-quality innovation and development.

In the special speech segment, Liang Yong, Head of Fashion Consumption Group of CITIC Securities Investment Bank A speech entitled "Discussion on Market Value Management of Textile and Clothing Sector" was given, which analyzed the domestic and foreign capital market environment, reviewed the textile and clothing sector, and analyzed the relevant content of market value management from the perspective of investment banking to the participants. He emphasized that market value management is a strategic management behavior based on market value signals of listed companies, consciously and actively using a variety of scientific and compliant methods and means to maximize the company's value. Although the performance and capital market operation mode determine the market value, the core is the company's performance.

Yang Weichao, Director and Deputy General Manager of Industrial Securities Investment Bank Headquarters The keynote speech of Market Value Management Strategy and Capital Operation of Listed Companies in the Textile Industry was made, and the analysis and necessity of market value management concept, market value management strategy and capital operation, and intensive presentation of market value management cases were shared. Yang Weichao said that enterprises should pay more attention to market value management. The market value management methods of listed companies are diverse, and the application time is also different. At different stages of the company's business development, the company can create good conditions for performance improvement and market value realization by means of connotative growth means and extensional growth means, so as to ensure the stable growth of the company's market value.

In the link of communication and discussion, Tian Lin, Vice President and Secretary of the Board of Directors of Luolai Life Technology Co., Ltd, Chen Yang, Secretary of the Board of Directors of Biyin Lefen Clothing Co., Ltd, Ye Xuehua, Secretary of the Board of Directors of Jingwei Textile Machinery Co., Ltd, Fan Yingying, securities affairs representative of Ningbo Taipingniao Fashion Clothing Co., Ltd ， Luo Zhaohui, Secretary of the Board of Directors of Anhui Huamao Textile Co., Ltd ， Zhang Keming, Secretary of the Board of Directors of Lutai Textile Co., Ltd, Zhang Chengsi, Security Affairs Manager of Zhejiang Sima Clothing Co., Ltd, Wang Xiaojun, Secretary of the Board of Directors of Beijing Dahao Technology Co., Ltd, Wu Ya, director of investor relations of Jiangsu Hongdou Industrial Co., Ltd, Wang Jingjiang, Secretary of the Board of Directors of Jihua Group Co., Ltd, Dai Tao, Secretary of the Board of Directors of Zhejiang Taihua New Materials Co., Ltd They made warm speeches successively to share common problems and difficult problems of common concern in the process of exchange and development.

Finally, Feng De briefly combed the work of the Alliance in the past year: First, compiled the 2018 Development Report of Textile and Clothing Listed Companies; Second, participate in the research and release of the three-year action plan of China textile industry financial integration ； Third, visit the alliance enterprises to investigate and understand the topics that the alliance enterprises care about; In addition, the secretariat of the Alliance has combined the experience of energy conservation and emission reduction in some other industries to solve the problem of zero emissions and low emissions for the industry and introduce solutions across industries.

In the new year, the Secretariat will make more efforts in visiting, listening and resource coordination, strengthen communication and exchange, and jointly explore and solve more problems.