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China Weaving Materials Sets Board Meeting for Results Review
CHINA WEAVING: DATE OF BOARD MEETING
China Textile Import and Export Chamber of Commerce: China's textile industry foreign trade is expected to continue the steady recovery trend in the second half of the year.
From January to June, the trade volume of textile and outfits reached 153.57 billion US dollars, a year-on-year increase of 1.7%, of which the export amount was 143.24 billion US dollars, an increase of 1.6%, and the import amount was 10.33 billion US dollars, an increase of 3.8%. The cumulative trade surplus was 132.91 billion US dollars, an increase of 1.4%.
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.
China Weaving Holdings (03778.HK) received an increase of 2.256 million shares in shareholding by executive director Zheng Yongxiang.
According to the latest equity disclosure information from the Stock Exchange of Hong Kong, on July 22, 2024, China Weaving Holdings (03778.HK), received a shareholding of 2.256 million shares at an average on-market price of HKD 0.2749 per share by executing director Zheng Yongxiang with a total investment of approximately HKD 0.6202 million. After this increase, Zheng Yongxiang's latest holding amount is 219,557,200 shares, and the shareholding ratio has increased from 17.35% to 17.53%.
China Weaving Holdings (03778.HK) received an increase of 4 million shares in shareholding by Executive Director Zheng Yongxiang.
According to the latest equity disclosure information from the Hong Kong Stock Exchange on July 19th, on July 17th, 2024, China Weaving Holdings (03778.HK) acquired 4 million shares at an average price of HK$0.265 per share on the exchange, with a total cost of approximately HK$1.06 million. After the shareholding, the director Zheng Yongxiang now holds a total of 217,301,200 shares, increasing his shareholding percentage from 17.03% to 17.35%.
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