GF Securities Co., LTD. 's latest research report said that the upstream textile manufacturing sector is mainly export business, and since the third quarter, more listed companies have been affected by the reduction or delay of orders from downstream overseas brand customers. mainly due to the war between Russia and Ukraine and overseas inflation affected terminal consumer demand, including continuous fluctuations in the supply chain led to an increase in inventory of some overseas brands on the way. Therefore, it is expected that the growth rate of the third quarter of 2022 is lower than that of the first half of 2022. Downstream clothing and home textile sector, thanks to the recovery of the industry in the third quarter of 2022, although the domestic epidemic situation is still repeated, but the overall trend is good, so it is expected that the performance growth rate of more listed companies in the third quarter of 2022 is better than that in the first half of 2022. Among them, sports outdoor sub-industry-related listed companies benefit from changes in dress style, and consumers pay more attention to improving their health through exercise and outdoor activities in the post-epidemic era. Including the rise of sophisticated camping, performance growth is expected to be significantly better than other sub-industries.