The performance of the report was slightly lower than expected. According to the company's forecast net profit of-1000 to-11 million yuan, earnings per share range from-0.0536 yuan to-0.059 yuan, slightly lower than our previous profit forecast.

The textile consumer market shows a warming trend, but it is still in the recovery period. Market orders rebounded in the first half of 2010, but customers reduced prices more, at the same time, the company's main raw materials wool international dependence, price fluctuations. The above factors affect the efficiency growth of the company. The company timely adjusts its marketing strategy and product structure, and its net profit in the first half of 2010 is correspondingly lower than that of the same period last year.

According to our previous estimates, in 2010 and 2011, the EPS was 0.05,0.09 yuan respectively, and the corresponding dynamic PE was 181,100 times, maintaining the company's "neutral" rating.