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Shoemaker Hong Liang Shares Will Compete With Xingye Technology.
< p style= "text-align: center" > < img src= "/uploadimages/201401/13/20140113032536_sj.JPG" align= "center" border= "0" alt= "/" < < > >
"P", "Hong Liang" held its first promotion conference in Shenzhen in January 13th. Its executives said at the meeting that the company focused on making women's a href= "//www.sjfzxm.com/" target= "_blank" > shoes < /a > cow a a href= "//www.sjfzxm.com/" target= "//www.sjfzxm.com/" > Leather > leather, raw materials made mainly of domestic cattle hide and compete with Xingye technology, which is mainly made of men's shoes and cattle leather. < /p >
< p > in the first promotion conference of Hong Liang, some people invited the chairman to introduce the difference between the company and the tannery enterprise listed on the SME board. Li Chen, chairman of the Hong Liang stock company, said that most of the raw materials of Xingye technology were imported from the United States, and American cattle were mainly ranch farms. In addition, the production of cattle leather area is large, fast production, coarse pores, suitable for men's shoes. Unlike men's shoes, women's shoes require many varieties and many colors. The main raw materials of the company are mainly domestic acquisitions. Hong Liang is already the largest takeover manufacturer of fur in China. One of the recruitment projects is to add 450 thousand new cattle leather extension projects in the next year. After the completion of the project, the company's capacity will double. < /p >
< p > the subsidiary industry of Hong Liang shares is Niu a href= "//www.sjfzxm.com/" > leather shoes "/a" and "leather" and "leather bag leather". It is mainly engaged in the research, production and sale of leather shoes upper leather of middle and high class women shoes. It is the largest manufacturer of shoes and leather upper leather shoes for women in China, and the most comparable listed company is Xingye technology. Xingye leather Polytron Technologies Inc was founded in 1992. The main products are imported from the United States. Its leading products are the series of natural products, such as the upipa and natural throwing, which are widely used in leather shoes, bags, leather bags, car cushions, furniture leather and so on. < /p >
< p > prospectus shows that the production scale of Hong Liang is only 5 times that of Xingye technology. It is in a period of rapid growth. In the past 30% years, the company's main business revenue and net profit growth is over 30%. It is estimated that the company's business will remain more than 30% a year in the next 3 years. < /p >
< p > analysts pointed out that in the long run, with the increasingly stringent environmental protection policies, the concentration of downstream footwear enterprises will be improved, and the concentration of leather industry will be improved. Leading leather enterprises will benefit. At present, the tannery industry in China is scattered and the concentration is very low. The market share of Xingye technology market is only 3.46%, and that of Hong Liang is only 2.73%. Two companies are constrained by capacity bottlenecks. After the commissioning of Xingye technology investment project, production capacity has increased by about 2 times. The investment projects of Hong Liang's stock include 450 thousand new cattle leather extension projects, and Future Ltd will further expand its capacity and seize market share. < /p >
"P", "Hong Liang" held its first promotion conference in Shenzhen in January 13th. Its executives said at the meeting that the company focused on making women's a href= "//www.sjfzxm.com/" target= "_blank" > shoes < /a > cow a a href= "//www.sjfzxm.com/" target= "//www.sjfzxm.com/" > Leather > leather, raw materials made mainly of domestic cattle hide and compete with Xingye technology, which is mainly made of men's shoes and cattle leather. < /p >
< p > in the first promotion conference of Hong Liang, some people invited the chairman to introduce the difference between the company and the tannery enterprise listed on the SME board. Li Chen, chairman of the Hong Liang stock company, said that most of the raw materials of Xingye technology were imported from the United States, and American cattle were mainly ranch farms. In addition, the production of cattle leather area is large, fast production, coarse pores, suitable for men's shoes. Unlike men's shoes, women's shoes require many varieties and many colors. The main raw materials of the company are mainly domestic acquisitions. Hong Liang is already the largest takeover manufacturer of fur in China. One of the recruitment projects is to add 450 thousand new cattle leather extension projects in the next year. After the completion of the project, the company's capacity will double. < /p >
< p > the subsidiary industry of Hong Liang shares is Niu a href= "//www.sjfzxm.com/" > leather shoes "/a" and "leather" and "leather bag leather". It is mainly engaged in the research, production and sale of leather shoes upper leather of middle and high class women shoes. It is the largest manufacturer of shoes and leather upper leather shoes for women in China, and the most comparable listed company is Xingye technology. Xingye leather Polytron Technologies Inc was founded in 1992. The main products are imported from the United States. Its leading products are the series of natural products, such as the upipa and natural throwing, which are widely used in leather shoes, bags, leather bags, car cushions, furniture leather and so on. < /p >
< p > prospectus shows that the production scale of Hong Liang is only 5 times that of Xingye technology. It is in a period of rapid growth. In the past 30% years, the company's main business revenue and net profit growth is over 30%. It is estimated that the company's business will remain more than 30% a year in the next 3 years. < /p >
< p > analysts pointed out that in the long run, with the increasingly stringent environmental protection policies, the concentration of downstream footwear enterprises will be improved, and the concentration of leather industry will be improved. Leading leather enterprises will benefit. At present, the tannery industry in China is scattered and the concentration is very low. The market share of Xingye technology market is only 3.46%, and that of Hong Liang is only 2.73%. Two companies are constrained by capacity bottlenecks. After the commissioning of Xingye technology investment project, production capacity has increased by about 2 times. The investment projects of Hong Liang's stock include 450 thousand new cattle leather extension projects, and Future Ltd will further expand its capacity and seize market share. < /p >
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