Cross-border mergers and acquisitions of textile and garment enterprises are heating up
The research and analysis of the information center shows that since June 2014, due to the weak terminal consumption, the impact of e-commerce, and other reasons, the textile and garment industry has been in a downturn and a period of entanglement, and the phenomenon of cross-border mergers and acquisitions by many companies has a tendency to heat up. Some companies seek to pass“cross border”Mergers and acquisitions achieve higher valuations and performance growth. Although the apparel and testing-equipment' target='_blank'>textile industry is in a tangled period, there are still companies that have increased their performance. According to the authoritative financial data report, there are 4 companies whose performance is expected to increase by 50%-100%, namely Hongda Hi-Tech, Zhonghe Co., Ltd., Xunxing Co., Ltd. and Jialinjie. There are 8 companies with an increase of 30%-50%, namely: Bangjie Co., Ltd., Meisheng Culture, Landing Holdings, Jiangsu Kuangda, Weixing Co., Ltd., Huafu Color Spinning, Huasi Co., Ltd. and Semir Clothing. From the perspective of growth momentum, most of the companies with an increase of more than 20% are transformational M&A companies. For example: Semir Clothing acquired the equity of related companies with 100 million yuan, trying to enter the children's education market. Pathfinder Acquisition“green field”, to be built“Multi-brand + outdoor tourism service platform + outdoor vertical e-commerce”new outdoor ecosystem. These companies can analyze the latest trends in the network and adjust their strategies in a timely manner, thus achieving important development. At the same time, the recovery of the industry is inseparable from the reform of state-owned enterprises and national policies. The country should actively explore emerging markets. At present, the state has formulated special support policies for the development of Xinjiang's textile and garment industry. The transformation of Xinjiang's textile and garment industry may affect the global market, and its industrial layout will drive the development of the entire industry chain and will play a role in“Silk Road Economic Belt”The role of the core area and the two economic development zones of Kashgar and Khorgos, industry enterprises should seize the opportunity to build a textile and garment export processing and trade center facing Asia and Europe, and open up new export markets. Article source: (Hong Kong) Co., Ltd.
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1. ISO 5402-1: Specifies the flexometer method for testing leather flex resistance under repeated bending.
2. ISO 17694: Defines test methods for footwear upper and lining flex resistance, simulating real-world bending stress to assess long-term durability.
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