According to the research report of HTSC, the overall market prosperity of the textile and apparel equipment industry has rebounded in the first half of the year, and most of the 12 domestic and foreign textile and apparel equipment companies have achieved rapid growth. The median revenue growth rates for sewing equipment, smart equipment, and textile machinery sectors are 19%, 29%, and 1%, respectively. Among them, the embroidery machine electronic control leader, Beijing Dahao Technology Corp.,Ltd, has experienced the fastest revenue growth. With the moderate recovery of global apparel manufacturing, the equipment prosperity is expected to continue to improve. Japanese brands have a stable market share in Southeast Asia, but the profitability and market share of domestic industry leaders are expected to improve.
华泰证券:看好纺服设备景气延续,期待海外市占率提升
HTSC: Bullish on the prosperity of the textile and apparel equipment industry, expecting an increase in overseas market share
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