Anxin securities held the 2010 mid term strategy report in Beijing Kerry Mitte Hotel in from June 8 to 9, 2010.

The website of the financial sector will be invited as a guest media.

The report said that in the middle of 2010, the main idea of the textile and garment industry was to adhere to the strategic view of 2010. It was considered that the export of textile and garment industry and domestic sales were in the recovery channel. It is expected that the growth rate of China's textile and garment exports in 2010 will be around 10%-15%, and the domestic market will steadily recover so that the performance of the companies on the market will begin to improve.

At present, the valuation of textile and garment sector has reflected the market.

We are optimistic about wig fashion, outdoor products and home textile industry: we have systematically combed the development of various sub sectors of textile and apparel industry according to the indicators such as industry growth rate, competition level and industry concentration degree. We believe that the three sub industries of wigs fashion, outdoor products, home textiles and so on are in the childish and fast developing period, the industry growth rate is over 20%, the industry development is bigger than the competition, and the brand enterprises will fully enjoy the rapid growth of the industry through rapid extension.

Maintain the industry's "synchronous big -A" investment rating: at present, the valuation of the textile and garment sector reflects the market's expectations for export and domestic retail recovery. In the second half of this year, the appreciation of the renminbi and the rising cost of raw materials and labor will challenge the profitability of the industry, and bear the pressure on valuation, and maintain the industry's "synchronous big city -A" investment rating.

On the choice of investment target, the operation quality of brand retail listed companies is investigated.