CSI learned from Shenda shares that the reform of Shanghai Textile Group is to realize the reorganization of the assets of the Group and its two listed companies, so as to achieve the overall listing of the core assets of the Textile Group. Shengda shares in the future reform direction, still adhere to the textile industry as the main industry, and cooperate with some emerging industries. Due to the land auction of Shengda shares in 2013 and the transfer of shares in subsidiaries, there are more non-recurring profits and losses. It is estimated that in 2014, the operating income of Shengda shares is 6.6 billion yuan, and the net profit is about 135 million yuan. It is reported that Shanghai Textile Group is formulating a state-owned assets reform plan, which will focus on three directions: internationalization, specialization and marketization. Shanghai Textile Group's Shenda shares are mainly in textile foreign trade, new textile materials, automobile interior decoration and other businesses; leading shares are mainly high-end underwear, home textiles, shirts, suits, etc.; there is room for integration.