On the morning of November 15, the unveiling and opening ceremony of the Beijing Stock Exchange was held. The much-anticipated Beijing Stock Exchange officially opened, and 81 first batch of listed companies made their collective appearance. It is reported that the first batch of 81 listed companies have stable operating conditions and outstanding growth potential, covering 25 major industries of the national economy. 17 are specialized and new “little giant” companies, including advanced manufacturing, modern service industry, high-tech manufacturing Enterprises in the industry, high-tech service industry, strategic emerging industries and other industries accounted for 87%, and the average R&D intensity was 4.2%. This fully reflects the market positioning of the Beijing Stock Exchange in serving innovative small and medium-sized enterprises, and also means a great benefit for the textile and apparel industry.
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In recent years, textile small and medium-sized enterprises have been facing production costs problems such as rising prices, difficult and expensive financing, and insufficient innovation and development capabilities. At present, new policies at the financial level have released positive signals to support the development of small and medium-sized enterprises. The spring of textile small and medium-sized enterprises taking the road of “specialization, specialization and innovation” is really coming.
The opening of the Beijing Stock Exchange will further enhance the ability and level of my country’s multi-level capital market to serve small and medium-sized enterprises. After the establishment of the Beijing Stock Exchange, in terms of basic functions such as fund raising, mergers and acquisitions, and transaction valuation, it will better meet the needs of innovative small and medium-sized enterprises and help small and medium-sized enterprises achieve better and faster development.
Since this year, a series of policies and measures have been introduced to support the high-quality development of “specialized, specialized and new” small and medium-sized enterprises, and it is clearly stated that during the “14th Five-Year Plan” period, millions of small and medium-sized enterprises must be cultivated. Innovative small and medium-sized enterprises, 100,000 provincial-level “specialized, special and innovative” enterprises, 10,000 specialized, special and innovative “little giant” enterprises and 1,000 “single champion” enterprises, strive to have a gradient cultivation pattern basically formed by 2025. We will better promote the upgrading of the industrial base and the modernization of the industrial chain to help the real economy move toward high-quality development. This has brought development confidence and motivation to the textile industry, which is dominated by small and medium-sized enterprises.
In the textile industry, small and medium-sized enterprises account for more than 90% of the industry and are distributed in the upstream, middle and downstream of the entire industry chain. They are important for expanding employment, improving people’s livelihood, promoting entrepreneurship and innovation, and An important force in maintaining creative energy and developing resilience.
A large number of “specialized and innovative” small and medium-sized enterprises are at the advanced level of the industry in terms of technology, products, management, R&D, etc., and have their own unique advantages and highlights, so they are also regarded as Known as the “hidden champion”. At present, the “specialized, special and innovative” enterprises promoted and cultivated by my country’s textile industry have their technological achievements widely distributed in many fields of the textile industry chain such as new fiber materials, intelligent manufacturing, creative design, digital technology, etc., making up for the development shortcomings of my country’s textile industry in some fields. The shortcomings have greatly improved the whole society’s understanding of the new image of the textile industry as “technology, fashion, and green”.
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According to Beijing Youth Daily, based on 2020 financial data, the first batch of The average revenue of the 81 Beijing Stock Exchange companies was 600 million yuan, and the average net profit was 69.38 million yuan. Among them, 78 companies have operating income exceeding 100 million yuan, accounting for 96.3%; 39 companies have net profits exceeding 50 million yuan, accounting for 48.15%.
Among them, Jilin Carbon Valley, a “specialized, new” small and medium-sized enterprise in Jilin Province, has a compound annual growth rate of more than 40% in total revenue in the past three years, showing a high and stable performance. of growth. As a leading domestic carbon fiber raw filament enterprise, Jilin Carbon Valley Company is mainly engaged in the research, production and sales of carbon fiber raw filaments and carbon fiber. The substantial increase in profits in 2020 is mainly due to the company’s large-tow carbon fiber raw filament series products gaining market recognition, and both production and sales are booming; the company’s products have an average The selling price and unit consumption decreased, mainly due to the fall in raw material prices, and the gross profit margin increased steadily. The just-announced third-quarter performance report shows that from July to September this year, Jilin Carbon Valley’s production and sales continued to increase, with revenue increasing by 72.03% year-on-year.
The carbon fiber industry is a national strategic emerging industry and has irreplaceable advantages in fields such as national defense and security, aerospace and aerospace. Due to the uses of carbon fiber, technologically advanced countries continue to impose strict controls on the carbon fiber industry, including implementing restrictions on high-end imported equipment and price controls, in an attempt to suppress the development of the carbon fiber industry in other countries. At present, Jilin Carbon Valley is achieving stable large-scale production of large-tow polyacrylonitrile-based carbon fiber raw filament products through further technical research and the construction of new production lines. The product structure has formed mainly industrial and civilian-grade large-tow products. A new situation for the joint development of small tow and large tow products.
Industry insiders pointed out that the future development of the domestic carbon fiber market is sustainable and will maintain a rapid market growth rate, which will also drive the development of domestic carbon fiber raw filaments. Demand grows. Taking advantage of this wave of hot market conditions and the country’s multi-level policy guidance, small and medium-sized enterprises in the industry represented by Jilin Carbon Valley may ride on the trend and accelerate their growth. The improvement of the capability level of “specialized, specialized and innovative” small and medium-sized enterprises is related to the core competitiveness of the industry, and is of great significance to the industry’s replenishment and strengthening of the chain and the construction of a modern textile industry economic system.
Song Zhiping, President of the China Association of Listed Companies, said that the establishment of the Beijing Stock Exchange will play a positive role in stimulating the vitality of small and medium-sized enterprises, highlighting corporate value, and standardizing corporate governance. With the help of the power of capital, a group of high-quality innovative small and medium-sized enterprises can become better and stronger; more innovative enterprises that have been “raised in the boudoir and unknown to others” will be able to “become famous all over the world.” While promoting the deep integration of technology and capital, Beijing Jiaotong University will provide high-quality development for small and medium-sized enterprises.It provides more opportunities, more space and stronger vitality. </p
