Dedicated to downstream clothing Local wool textile leading enterprises in the field of raw materials services -- Zhejiang new Australia Spin Limited by Share Ltd (hereinafter referred to as "new Australia shares"), issued a bulletin in December 29th, the China Securities Regulatory Commission issued a review committee on the company's application for non public issuance of shares in 2016. According to the results of the audit, the application for non public issuance of shares in New Australia shares was approved for approval.

According to the world clothing and shoe net, the new Australian stock is expected to raise no more than 891 million yuan (including issuance fees) of the non-public offering stock. After deducting the issuance cost, it will be used to implement the "30000 spindles compact spinning high-grade ecological textile project", "the annual output of 15000 tons of ecological wool dyeing and finishing relocation project" and the "European technology, development and sales center project".

According to the world clothing and shoe net, the new Australian products are mainly for the high-end clothing market, and domestic partners include baozi, Ya Ying and other high quality clothing brands. Overseas partners include Burberry, H&M GAP and other international famous brands. The proportion of products exported has reached about 50%, and sold to many countries such as the United States, Australia, Japan and Italy. According to the insiders, with the completion of the fixed increase, the production capacity of high-grade wool spinning products in new Australia will continue to expand, and the service quality of dyeing and finishing will be improved, and the quality and competitiveness of products will be further improved.

Hua Xiaowei, a researcher at CITIC Securities, said that as a leading enterprise in the high-end wool spinning industry, new Australia shares, on the one hand, are different from most of the wool textile enterprises in China. They have advanced technology and have many well-known brands, such as "CASHFEEL", "NEWCHUWA" and "new Australia". On the other hand, the company has better channel advantages, and has more than 20 domestic provinces and cities, exporting to North America, Europe, Oceania and East Asia. Through this investment project, it will further consolidate the main business and enhance the overall competitiveness of enterprises. Taking into account the continuous increase in the capacity of enterprises and the continuous expansion of channels, it is estimated that the net profit attributable to parent companies will increase by 19.15% and 17.98% respectively in 2016 and 2017. The total net profit attributable to parent companies is expected to reach 157 million and 186 million respectively.

New Australia shares said that through the implementation of the 30000 spindles compact spinning eco textile project, the company can produce 3300 tons of high quality worsted yarns, mainly cashmere, wool and other natural fibers, which will further meet the needs of high-end brands at home and abroad, increase the competitiveness of products in domestic and foreign markets, and increase the export share of high-end products. 同時(shí)，公司通過提升設(shè)備的自動(dòng)化程度，不僅節(jié)約勞動(dòng)用工、提高生產(chǎn)效率，還提高了公司毛紡產(chǎn)品質(zhì)量和檔次，實(shí)現(xiàn)產(chǎn)業(yè)升級(jí);通過年產(chǎn)15,000噸生態(tài)毛染整搬遷建設(shè)項(xiàng)目的實(shí)施，公司不僅可形成生態(tài)毛染整15,000噸/年的生產(chǎn)能力，進(jìn)一步滿足了當(dāng)?shù)孛徍兔佬袠I(yè)的染色加工服務(wù)需求，更實(shí)現(xiàn)了印染產(chǎn)業(yè)的轉(zhuǎn)型升級(jí)，大大降低了能源、染料助劑的消耗和污水、COD的排放，實(shí)現(xiàn)了節(jié)能減排;通過歐洲技術(shù)、開發(fā)和銷售中心項(xiàng)目的實(shí)施，公司可全面落實(shí)以自主創(chuàng)新為主，引進(jìn)消化吸收再創(chuàng)新為補(bǔ)充，以技術(shù)攻關(guān)、技術(shù)創(chuàng)新、產(chǎn)品開發(fā)、市場(chǎng)推廣為主要目標(biāo)，依托科研機(jī)構(gòu)，著眼于國(guó)際領(lǐng)先產(chǎn)品和世界紗線流行趨勢(shì)，加快新產(chǎn)品開發(fā)步伐，加大新技術(shù)的引進(jìn)、消化、吸收、創(chuàng)新和新工藝的推廣應(yīng)用，開發(fā)適合市場(chǎng)需求的新產(chǎn)品，使公司在后續(xù)新產(chǎn)品研發(fā)和新市場(chǎng)拓展中有強(qiáng) Strong technical support and good development platform.

According to the world clothing and shoe net, in 2016, the three quarterly report, new Australia shares realized business income of 1 billion 460 million yuan, an increase of 12.50% over the same period last year, and realized net profit of 142 million yuan, an increase of 24.95% over the same period last year.

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