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GTJA: Currently, the downstream inventory clearance of the footwear and apparel industry has basically ended, and the trend of order recovery is not a concern.
At present, the downstream destocking has basically come to an end. Judging from the order tracking situation of the top manufacturing companies, the trend of order recovery is secure. Especially the leading companies have the logic of seizing market share and expanding customer base, which is worth looking forward to.
Changjiang Securities' Special Report on Textiles, Outfits, and Luxury Goods: Weak Demand in North America, and Elasticity of Replenishing Inventory Needs Observation.
Looking ahead, it is expected that inventory replenishment will continue, with the elasticity of replenishment depending on the strength of demand recovery at the end. The overseas apparel retail industry has gradually entered the tail end of destocking since 2022Q3, and the pace and continuity of export chain recovery depends on the pace of replenishment, while the elasticity of recovery depends on the strength of demand recovery at the end.
Citic Sec: supply pattern continues to optimize, viscose staple fiber industry is expected to emerge from the downturn.
Viscose staple fiber is one of the three major textile fibers, combining the advantages of both synthetic and natural fibers.
Yadong Group's Controlling Shareholder Transfers Shareholding to Son
Yadong Group (01795.HK): Xue Shidong transferred all his equity in Dongyong Holdings to his son Xue Liang for a symbolic price.
On June 7th, GeLongHui reported that Yadong Group (01795.HK) released an announcement that, as part of family wealth planning, Mr. Xue Shidong will transfer all of his equity in Dongyong Holdings to his son Mr. Xue Liang on June 7, 2024 for a symbolic price (the "Share Transfer"). Before and after completion of the Share Transfer, Dongyong Holdings has always been the controlling shareholder holding 450 million shares, accounting for 75% of the company's total issued share capital.
Express News | Yadong Group - Xue Liang Is Deemed to Be Interested in 450 Mln Shares of Co
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