Printing And Dyeing Industry Profits Rise Slightly, Benefit Printing And Dyeing Backward Production Capacity Eliminated

"We have been concerned about the relevant policies of the state to eliminate backward production capacity," the director of the Civil Aviation Office of Dong min office told reporters that the company's products are located in the high-end, not in the list of elimination.

According to its introduction, environmental barriers have caused the printing and dyeing industry to enter the threshold. In recent years, the new printing and dyeing capacity of Zhejiang province is relatively small, and most of the new domestic production capacity is concentrated in the central and western regions.

The Ministry of industry and information technology issued to 27 local governments in 2010 May the target tasks of eliminating backward production capacity in 18 industries, including 3 billion 130 million meters in backward printing and dyeing industry.

Reporters then interviewed civil aviation and other printing and dyeing companies and upstream printing and dyeing auxiliaries. The companies said that eliminating backward production capacity was a positive impact on listed companies.

Analysts pointed out that the production equipment and technology of listed companies are relatively advanced and generally do not belong to backward production capacity. This policy has a certain role in promoting the pformation and upgrading of printing and dyeing and related industries in the medium and long term, and gradually promotes the pformation of printing and dyeing enterprises from quantity to quality.

According to the report from day to day, overcapacity and low level of technology are the key factors that impede the development of printing and dyeing industry. With the development of backward production capacity in key industries, the printing and dyeing industry's operation and profitability will show a slight upward trend.

The relevant analysis of China Textile Association also stressed that strengthening the elimination of backward production capacity played a reinforcing role in the integration of printing and dyeing industry, and the industry profit margin may exceed expectations this year.

Statistics show that in recent years, with the development of eliminating backward production capacity, the printing and dyeing industry's operation and profitability have shown a slight upward trend, and the gross profit margin of China's dyeing and printing industry has increased to 9.31% in 2009.

The above mentioned persons told reporters that the company was less affected by the financial crisis, and is now in full load production, and orders are also abundant.

It is reported that the largest printing and dyeing enterprise in China has the capacity of printing, dyeing, weaving, power generation, steam and dyestuff production, and the industrial chain is complete.

{page_break} Chuan Hua shares and de Mei chemical are leading enterprises of textile auxiliaries, ranking the upper reaches of printing and dyeing industry.

Among them, Chuan Hua Securities and securities department told reporters that Chuan Hua shares are also concerned about the elimination of textile, printing and dyeing backward production capacity related policies, think that this will optimize the company's customer structure, will have a favorable impact on the future development of the company. "Downstream printing and dyeing enterprises are better at opening up, but many customers are lagging behind in the printing and dyeing industry, and the elimination of backward production capacity will form Matthew effect".

According to its estimate, the demand of the leading companies in the printing and dyeing auxiliaries industry will not be negatively affected. "As the upstream of printing and dyeing industry, although we have low entry threshold, it is not easy to be bigger and stronger. At present, the number of auxiliaries in China with more than 50 thousand tons of capacity is limited, and the market share of the dominant company has much room for improvement."

Since the second half of last year, exports have improved and the textile and garment industry has been revival, which has led to the growth of demand for related industrial chains, benefiting from better supply and demand.