According to the official website of China’s Ministry of industry and information technology on the 21st, recently, the Ministry of industry and information technology and the national development and Reform Commission jointly issued the guiding opinions on the high-quality development of industrial textiles industry, which put forward the goal of high-quality development of industrial textiles industry. The guiding opinions put forward that by 2025, the industrial added value of industrial textile enterprises above Designated Size will increase by about 6% annually, and 3-5 enterprises will enter the first echelon of global industrial textiles; The R & D expenditure of key enterprises in the industry accounts for 3% of the main business income, the application of recycled fiber and biomass fiber accounts for 15%, and the NC rate of key processes in nonwovens enterprises reaches 70%.
Citic Securities Company Limited(600030) believes that the investment opportunities in the textile manufacturing sector are clear, and the Growth Logic of some subdivided leaders is becoming more and more obvious. In the short term, under the background that the global epidemic has not been completely controlled, the trend of global order concentration to China is expected to continue. Most textile manufacturing enterprises have strong orders and short-term performance is supported. In the long run, under the background of strengthened supervision of environmental protection and energy consumption, increasingly tight resource elements and diversified production capacity layout, the scarcity of head high-quality supply chain is gradually highlighting. At the same time, downstream head brands are also reducing the number of suppliers, improving management efficiency, and the increasing trend of leading market share of high-quality manufacturing is clear. Some high-quality manufacturing leaders have significant advantages in subdivided fields and are at the starting point of the capacity expansion cycle. They are expected to usher in rapid growth of performance in the next few years. It is suggested to focus on three main investment lines: 1) for enterprises with breakthrough in material technology and high barriers, it is recommended to focus on Zhe Jiang Taihua New Material Co.Ltd(603055) and pay attention to Beijing Sanlian Hope Shin-Gosentechnical Service Co.Ltd(300384) Hangzhou Juheshun New Material Co.Ltd(605166) ; 2) It is recommended that Wuhu Fuchun Dye And Weave Co.Ltd(605189) , Huafu Fashion Co.Ltd(002042) , Jiangsu Lianfa Textile Co.Ltd(002394) , Jihua Group Corporation Limited(601718) , Hangzhou Chinastars Reflective Material Co.Ltd(301077) , Zhejiang Huilong New Materials Co.Ltd(301057) ; 3) The invisible champion who deeply binds high-quality customers and grows together with customers. It is recommended to focus on Zhejiang Sunrise Garment Group Co.Ltd(605138) , vignette, Zhejiang Natural Outdoor Goods Inc(605080) , and it is recommended to pay attention to Zhongwang Fabric Co.Ltd(605003) , tamus (to be listed).
