Lian FA Shares Changed To Top Grade Yarn Dyed Fabric Weaving Production Line Technology

At present, the output of lufa shares is about 10 million M / month, compared with the annual sales volume of 146 million M last year. And the company's market orders have been kept high, due to insufficient capacity, the company's capacity outsourcing ratio has reached 40%, is still at a high level of 20%.

A public investment project change announcement reflects the good prosperity of the joint venture's main business. According to the report, the company's profit is gradually improving no matter from the angle of production and marketing or the cost of raw materials. On the same day, the company's semi annual earnings forecast for the first three quarters increased by 10% to 30% over the same period. The company's earnings per share will reach 0.84 yuan in the first three quarters.

The announcement shows that the total investment of the technology transformation project is 54 million 650 thousand and 500 yuan, of which 40 million 134 thousand and 400 yuan comes from the change of the capital investment project, 8 million 358 thousand and 100 yuan comes from the over raised fund, and the rest is self raised. The construction period of the project is 6 months, and it is expected to be put into operation in February 2014. The company expects that after the project is put into operation, the annual sales revenue will reach 30 million 780 thousand yuan, with an average annual net profit of 6 million 90 thousand yuan.

With the gradual launch of the investment and investment projects after the listing of the company, the release of capacity has effectively promoted the growth of the joint venture shares. Especially since 2013, the sales volume both at home and abroad has exceeded 20%. In the first half of the year, the company achieved 1 billion 505 million yuan in operating income, an increase of 23.97% over the same period last year, and a net profit of 109 million yuan, representing an increase of 24.01% over the same period last year. The company expects earnings in the first three quarters to reach 150 million to 178 million yuan, up 10% to 30% over the same period last year.

It is used for spinning, dyeing, weaving, finishing, clothing and so on. clothing A large brand with a complete industrial chain. Spin The joint stock company has transformed technology, customer and management advantages into industry competitive advantages. The company's market orders have been kept high, due to insufficient capacity, the company's capacity outsourcing ratio has reached 40%, and is still at a high level of 20%.

It is reported that the current fabric production capacity is about 10 million M / month, even if compared with last year's 146 million M annual sales volume, there is still a small capacity gap. With this year's sales growth, the capacity gap will be further enlarged. To this end, the company has built the two phase of dyeing and finishing production line, the plant construction has been completed, and the subsequent related equipment will enter the factory one after another. After the change, the recruitment project is the matching capacity of the two phase expansion project, which will make up for the technical transformation of the weaving process part of the yarn dyed fabric production line. The completion of the above expansion and supporting projects will alleviate the problem of insufficient capacity of the company to a certain extent.

In addition, as the main raw material of the company, the domestic and foreign differences in cotton prices are also favorable for the company. The price difference between the two parties will have a great impact on the profits of the overseas customers because of their quotations from the international cotton prices and the purchase of raw materials from domestic cotton prices. It is understood that, due to factors such as demand warming, overseas cotton prices have risen slightly since April, while domestic cotton prices are basically stable. At present, domestic cotton prices are higher than overseas cotton prices about 3500-4000 yuan / ton, which is significantly lower than 4000-5000 yuan / ton since last year. The narrowing of the price difference between inside and outside cotton will have a positive impact on the company's performance.

There are also concerns about the company's attempts in the field of medicine. Prior to this, the company and Wang Xiaolong jointly established Hai Yuan to develop anticancer drug synthesis technology. Wang Xiaolong is a professor of pharmacy at Nanjing Medical University, Ph.D. in chemistry at the University of Texas and Pfizer's personal contribution award. The side effects of anticancer drugs are great. They not only kill cancer cells, but also kill normal cells, damage the liver and digestive organs, and Wang Xiaolong's patented technology is to develop anticancer drug synthetic preparations, greatly reducing side effects and greatly reducing the damage to human body.