Deep Textile Is Heading For The Fast Lane Of Development

The surge in share prices has benefited from the acceleration of the reform of state-owned assets.

It is understood that the reform of state-owned assets in Guangdong, as well as the reform of state-owned assets, is stepping up implementation, the company is expected to benefit significantly.

Analysts pointed out that deep textiles continue to pform to new industries such as photoelectricity, and will further consolidate the foundation of performance.

Benefit from reform of state owned assets

In fact, from the beginning of this year, deep textile enterprises in state-owned enterprises

There's a big step forward.

As early as February, Shenzhen textile A announced that the controlling shareholder Shenzhen Investment Holdings Company Limited (hereinafter referred to as Shenzhen investment control) intends to pfer shares owned by deep textiles not less than 26% and not more than 29%, and Shenzhen investment control has fulfilled the internal decision-making process on the pfer of shares.

In March 17th, Shenzhen textile A announced the announcement again that the major shareholder Shenzhen investment and control company intends to pfer the shares held by the company, pferring shares not less than 132 million shares and not more than 147 million shares, and the pfer price is no less than the weighted average price of the first 30 trading days.

According to the announcement, the pferee wants to be a single legal entity and is engaged in flat panel display related industries. It has been operating for more than three years and has been profitable for the past two years, and the pferee can not pfer shares in the next three years.

The major shareholder of Shenzhen textile A, Shenzhen investment and control, is a wholly owned subsidiary of Shenzhen SASAC. As of December 31, 2013, Shenzhen SASAC has held 49.39% stake in Shenzhen textile industry through Shenzhen investment control and deep science and technology.

At that time, the outside world has speculated that the pferable shares may be TCL group's Huaxing photoelectricity.

In the subsequent announcement, Shenzhen textile also disclosed that the TCL group submitted the letter of intent and related information, and paid the deposit in full, and TCL group became the only pferee of the equity pfer.

However, in June 10th, Shenzhen textile announced that the TCL group offered to terminate the paction, and the pfer of stock rights was terminated.

But this has not fundamentally affected the reform of state-owned enterprises in deep textile industry.

According to media reports, according to the pace of reform of state owned assets in Shenzhen, Shenzhen's investment and control will definitely continue to look for new pferee.

Some investors also said, "hope is not an end, but a brand new start, short term avoidance, medium and long term optimism."

From the stock price trend, it also proves that the above investors' judgement is correct.

After a brief pullback in June, the share price of deep textiles has been rising step by step, and now it has nearly doubled in less than half a year.

Some analysts pointed out that this fully illustrates the prospects of investors for the company's future.

The momentum of new business is positive.

With the increasing pformation efforts, deep textile is gradually changing from a traditional one.

The company has pformed itself into a high-tech company based on polarized light business.

Public information shows that the company has independent intellectual property rights for polarizing film production technology and new products that can meet customer needs.

As of the first half of this year, the company has 45 patents and 9 invention patents.

It is understood that the company's Shenzhen Shengbo Photoelectric Technology Co., Ltd. is China's first professional production of liquid crystal display (LCD) polarizer professional manufacturers.

The company was recognized as a high-tech enterprise in 2001. The Polaroid project was listed as a high-tech project in Shenzhen. It was included in the high tech industrialization demonstration project by the State Planning Commission, and was supported by the five ministries and commissions of the Ministry of science and technology.

In March last year, Shenzhen textile launched a non-public offering of stock raising funds, raising nearly 1 billion yuan to further increase the polarizing film business, so as to achieve the localization of polarized light industry as soon as possible.

Guotai Junan Securities pointed out in an analysis article that the localization of LCD panels will bring great opportunities for upstream polarizer materials.

China's LCD panel has been growing at an annual rate of more than 30% over the past 2014~2016 years, creating a huge domestic market for raw materials suppliers in the upper reaches of the mainland.

In view of this, Guotai Junan expects China's LCD polarizer market demand to double in the next three years, reaching 15 billion yuan, while polarizing tablets account for more than 20% of the cost of LCD panels, second only to glass substrates, but the localization rate is less than 5%.

Local panel companies have strong willingness to import materials.

Therefore, the upstream products have broad space.