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.
Minutes of the meeting
Supply chain Finance: reduce the cost and risk of pledge supervision after the completion of its own warehouse
The scale of supply chain financing is restricted by the long-term lease of the company's Guangxi warehouse, and the increase is risky. The whole upstream has a great demand for funds, Guangxi's own warehouse will be well built in the next year and a half, and the amount of credit and investment income will increase.
Intelligent factory set: automation and intelligence to reduce labor and tracking costs, optimize cooperation with outsourcing factories
Automation is mainly automatic clothing vehicles and sewing equipment, etc., to improve the company's production efficiency, reduce labor costs and material transfer time in the production line will be further shortened, and improve the degree of product standardization, reduce staff skills requirements. The intelligence is mainly applied to the overall optimization of the company's production line and cooperate with external factories to form an intelligent production cluster.
Foreign trade integrated service platform: intelligent production of foreign trade orders and integration of export business resources
The company's foreign trade integrated service platform mainly helps to open up the company's foreign trade system and manufacturing system, strengthen the "integration of industry and trade" through information sharing, and realize intelligent manufacturing and export business.
Own brand: online store beautification + offline store optimization parallel, publicity efforts increased
The annual sales of the "Golden three Pagoda" brand have increased steadily; "Haisha" has not yet made a profit, and this year, the store has been adjusted to a negative net opening, reducing the loss by 50%. "Ed Milan" in the loss, the volume is not large, mainly as a supplement to the category of "Golden Pagoda". In the future, the company will strengthen the publicity of its own brand, focusing on the comfort of skin-friendly natural fabric clothing.
