zhejiang yongan (08211) proposes to appoint Jin Lei as an executive director.
Zhejiang Yongan (08211) announced that Mr. Lou Lijiang informed that he will resign as an executive director and a member of the remuneration committee due to personal development.
Express News | Zhejiang Yongan Rongtong - Elected Zhou Youqin as Chief Executive Officer
Express News | Zhejiang Yongan Rongtong - Lou Lijiang Will Resign as an Executive Director and Chairman
Haitong Securities: Continuous destocking of polyester filament factories, expecting improvement in end demand.
As the inventory of rayon continues to decrease, Haitong Securities expects downstream demand to further improve with the approach of the traditional peak season in September and October.
ZHEJIANG YONGAN: INTERIM REPORT 2024
Zhejiang Yongan (08211.HK) achieved a net profit of 57.29 million yuan in the first half of the year.
On August 19th, Gelunhui reported that Yongan Group (08211.HK) announced, for the six months ending on June 30, 2024, the group's revenue decreased to approximately CNY 16.96 million, a decrease of approximately 42.67% compared to the same period last year. The net profit was approximately CNY 57.29 million, and the basic and diluted earnings per share were CNY 5.39 cents.
ZHEJIANG YONGAN: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
ZHEJIANG YONGAN: NOTICE OF BOARD OF DIRECTORS MEETING
China Textile Import and Export Chamber of Commerce: China's textile industry foreign trade is expected to continue the steady recovery trend in the second half of the year.
From January to June, the trade volume of textile and outfits reached 153.57 billion US dollars, a year-on-year increase of 1.7%, of which the export amount was 143.24 billion US dollars, an increase of 1.6%, and the import amount was 10.33 billion US dollars, an increase of 3.8%. The cumulative trade surplus was 132.91 billion US dollars, an increase of 1.4%.
GTJA: Currently, the downstream inventory clearance of the footwear and apparel industry has basically ended, and the trend of order recovery is not a concern.
At present, the downstream destocking has basically come to an end. Judging from the order tracking situation of the top manufacturing companies, the trend of order recovery is secure. Especially the leading companies have the logic of seizing market share and expanding customer base, which is worth looking forward to.
Changjiang Securities' Special Report on Textiles, Outfits, and Luxury Goods: Weak Demand in North America, and Elasticity of Replenishing Inventory Needs Observation.
Looking ahead, it is expected that inventory replenishment will continue, with the elasticity of replenishment depending on the strength of demand recovery at the end. The overseas apparel retail industry has gradually entered the tail end of destocking since 2022Q3, and the pace and continuity of export chain recovery depends on the pace of replenishment, while the elasticity of recovery depends on the strength of demand recovery at the end.
Citic Sec: supply pattern continues to optimize, viscose staple fiber industry is expected to emerge from the downturn.
Viscose staple fiber is one of the three major textile fibers, combining the advantages of both synthetic and natural fibers.
CICC: Textile manufacturing forward-looking indicators continue to improve, industry “active inventory replenishment” opens
The 20233Q4/2024Q1 textile manufacturing outlook index continues to improve, the industry's “active inventory replenishment” starts, and demand continues to recover.
ZHEJIANG YONGAN: ANNUAL REPORT 2023
In the first quarter, China's textile exports totaled 7.39 billion US dollars, a year-on-year increase of 3.2%
From January to March of this year, China's textile exports stabilized, with a total export volume of 7.39 billion US dollars, an increase of 3.2% over the previous year.
China Chamber of Commerce for Import and Export of Textiles: From January to March, China's clothing exports totaled US$33.82 billion, up 1.1% year-on-year
Compared with March of previous years, this year's export scale is still at a historically high level, up 25.1% from March 2019 before the pandemic.
Zhejiang Yongan (08211) proposed the election of Zhan Fahui and Zhou Youqin as executive directors
Zhitong Finance App News, Zhejiang Yongan (08211) announced that He Lianfeng will resign as an executive director due to personal development, effective from the date of the annual shareholders' meeting, while Hu Huajun will retire as an executive director at the annual shareholders' meeting after his service contract with the company expires, and will not be re-elected as an executive director. The board of directors recommended the election of Zhan Fahui as executive director and CEO, and Zhou Youqin as executive director and authorized representative. According to the Articles of Association, the relevant appointments will only take effect after approval by shareholders at the Annual General Meeting of Shareholders. Executive Director and Chairman Lou Lijiang and Non-Executive Director and Vice Chairman Xia Zhenbo will be shareholders after their terms expire
China Chamber of Commerce for Import and Export of Textiles: Textile and garment exports of US$45.1 billion increased 14% year-on-year in January-February
On April 9, the China Chamber of Commerce for Import and Export of Textiles released the national fabric import and export overview from January to February 2024.
Zhejiang Yongan (08211) released annual results. Net loss of 267.36 million yuan narrowed 24.85% year-on-year
Zhejiang Yongan (08211) announced the results for the year ended December 31, 2023. The group obtained 55 profits...
ZHEJIANG YONGAN: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023