Core hint

The company ploughed the upper and lower reaches of the cocoon and silk industry chain, strengthened the integration of supply chain management and sales channels in the third quarter of this year, strictly controlled costs, increased investment in production automation to improve operational efficiency, and significantly increased the operating efficiency of domestic brands. it increased the deduction non-net profit by nearly 25%. Recently, the company is optimistic about its supply chain financial business, and increases the project to deepen the value mining of the vertical system to form a "foreign trade + financial + service" value chain.

Monita research believes that the company's supply chain finance business will grow rapidly after the completion of its own warehouse and logistics base. As the intelligent factory sets hardware and software equipment and Shanqing gate regional funds gradually in place in the second half of next year, it is expected that the good will be released next year, giving an overweight rating.