On May 28, Wuhu Fuchun Dyeing and Weaving Co., Ltd. (stock abbreviation: Fuchun Dyeing and Weaving, stock code: 605189) was officially listed on the Shanghai Stock Exchange, the number of shares issued by the company was 31.2 million shares, the issue price was 19.95 yuan per share, and the actual raised funds were 622 million yuan for the construction project of the high-quality cylinder yarn production line with an annual output of 30,000 tons, the construction project of the R&D center and the supplementary working capital.
Fuchun dyeing and weaving main business for the development, production and sales of color yarn, the company's products to color yarn-based, that is, after the embryo yarn after dyeing and finishing processing, networked into suitable for sock machines, round weft machines, flat knitting machines, shuttle looms and other textile machinery used in the cylinder yarn, widely used in clothing, clothing, home textiles and other fields.
The concentration of the industry has gradually increased, and the quality of products has helped the performance growth
With the steady growth of the economy and the continuous improvement of residents' income and consumption capacity, China's textile industry still contains new development space. The "Textile Industry Development Plan (2016-2020)" proposes that during the "Thirteenth Five-Year Plan" period, the average annual growth rate of the industrial added value of textile enterprises above designated size in China is expected to remain in the range of 6% to 7%, and the global market share of textile and apparel exports is basically stable.
The expansion of domestic demand and consumption upgrading will be the biggest driving force for the development of China's textile industry, urban and rural residents' income growth, new urbanization construction and the full implementation of the two-child policy and other development dividends and reform dividends, will promote the growth of upgraded textile consumption, it is expected that the average annual growth rate of domestic residents' clothing and home textile consumption expenditure is about 8%.
As an intermediate link in the textile industry chain, the printing and dyeing industry connects the upstream textile fiber and the downstream textile and clothing industry, and plays an important role in the entire textile industry. From 2011 to 2017, the fixed asset investment of more than 5 million yuan in projects of China's printing and dyeing enterprises increased from 19.650 billion yuan to 41.078 billion yuan, with an annual compound growth rate of 13.08%.
Since 2015, the upgrading of national industrial policies and the increasingly strict supervision of environmental protection in the industry, the growth rate of fixed asset investment in the printing and dyeing industry has slowed down, but overall, it still maintains a large investment scale. In the case of basically maintaining the original production capacity, leading enterprises in the printing and dyeing industry have upgraded the original equipment, paying more attention to efficiency and environmental protection and energy saving, and the printing and dyeing industry has entered the development stage of industrial upgrading and structural optimization.
With the regulation of national industrial policies and the intensification of environmental protection supervision, the process of industrial restructuring of the printing and dyeing industry is accelerating, and some small and medium-sized printing and dyeing enterprises with serious pollution, backward technology and poor profitability are forced to close or be acquired due to the gradual increase in operating pressure, and orders will gradually be concentrated in large and medium-sized enterprises with competitive advantages such as environmental protection and technology, and the concentration of the industry will gradually increase.
As one of the leading color yarn manufacturers in China, Fuchun Dyeing and Weaving has adhered to the tenet of science and technology, green, professional and fashion since its inception, guided by market trends and customer needs, around the independent brand "Heaven outside the sky", relying on the independent development of Fuchun standard color cards covering more than 600 colors.
At present, the company is committed to providing customers with high-quality yarn series products through the business model of "warehousing production as the mainstay, order-based production as a supplement". Through global procurement of high-quality raw materials, the introduction of advanced production, environmental protection equipment and information management systems at home and abroad, independent research and development of new dyeing and finishing technologies and new processes, and constantly innovate product quality and improve service capabilities.
Fuchun Dyeing and Weaving benefits from the brand quality of the products and the wide praise and affirmation of customers, and the company's profitability has shown a significant growth trend in recent years. According to the financial report, in 2018, 2019 and 2020, the company's total annual operating income was 1.435 billion yuan, 1.398 billion yuan and 1.515 billion yuan, and the net profit attributable to the owners of the parent company was 98.3153 million yuan, 91.0531 million yuan and 113 million yuan, respectively.
Attach great importance to environmental protection and establish an information management system
Fuchun Dyeing and Weaving always adheres to the concept that environmental protection is the survival line and vitality, attaches great importance to environmental protection work, specially sets up the Environmental Protection and Safety Department as a whole to be responsible for the company's environmental protection work, cultivates a professional team of environmental protection talents, actively implements the standard of high, far-reaching, strict and excellent pollutant treatment, formulates a series of environmental protection systems, and designs and builds high-efficiency, energy-saving and low-consumption production devices and "three waste" treatment devices.
At present, the company has formed a clear competitive advantage in terms of environmental protection governance level and environmental protection governance facilities. The company's wastewater is treated by biological treatment sewage facilities through the "collection well + regulation pool + anaerobic oxidation ditch + primary sedimentation tank + aerobic oxidation ditch + second sedimentation tank + high-efficiency inclined plate sedimentation tank" and other processes to meet the discharge standards and then discharged to the park Sewage treatment plant centralized treatment, sewage treatment process automation is high, low operating costs, less sludge generation.
In addition, the company's boiler flue gas through SNCR denitrification, wet alkali method desulfurization, bag dust removal and other processes after treatment to meet the standard discharge, sewage station odor by alkali spraying, UV photolysis and other processes after treatment to meet the standard discharge, burning wool exhaust gas through water spraying, filter and other processes after treatment to meet the standard discharge. The company has established an online monitoring system for wastewater, an online monitoring system for boiler flue gas, and networked with the environmental protection department to achieve information management of pollutant emissions.
In addition, Fuchun Dyeing and Weaving also employs qualified environmental monitoring agencies to conduct third-party monitoring of the company's pollutant emissions on a regular basis. In 2005, the company passed the GB/T24001-2004/ISO14001:2004 environmental management system certification for the first time and re-certified the audit on schedule. In 2016, 2017 and 2019, the company was rated as an environmental protection integrity enterprise.
In addition, Fuchun Dyeing and Weaving pays great attention to saving high-quality resources while continuously consolidating environmental protection work. The company implements rain and sewage diversion, clean sewage diversion, cold and hot diversion, the production workshop generally implements heat energy exchange, and adopts the clean water treatment system for quality reuse treatment, the cooling water and condensate in the production process are recycled and reused, and the comprehensive water consumption per ton of yarn is lower than the industry standard value, realizing the full use of water resources. In March 2018, the company was rated as "Water-saving Enterprise in Anhui Province" by Anhui Provincial Economic and Information Commission, Anhui Provincial Water Conservancy Department and Anhui Provincial Water Conservation Office.
Adhere to the development of scientific and technological innovation, and continuously enhance the brand influence
Since its inception, Fuchun Dyeing and Weaving has always attached importance to scientific and technological innovation, focusing on the development and application of yarn dyeing and finishing related technologies and processes. Through the introduction of advanced printing and dyeing equipment at home and abroad, the company has continuously increased its independent technology research and development and process improvement efforts, forming a strong technological advantage.
At the same time with an independent R & D team, the company actively improves its own R&D level through industry-university-research cooperation with Wuhan Textile University, Anhui Polytechnic University and other universities, focusing on dyeing technology, energy conservation and emission reduction, intelligent manufacturing and other aspects of the formation of a series of competitive technical achievements, which strongly supports the company's rapid and healthy development.
The company has passed the ISO9001 quality management system, ISO14001 environmental management system and OHSAS18001 occupational health and safety management system certification, or one of the few enterprises in the industry that has passed the global organic textile qualification certification (GOTS) and OEKO-TEXStandard100 certification, and has a total of 68 patents, including 28 invention patents.
In addition, brand building is an important means for enterprises to improve the added value of products. Fuchun dyeing and weaving specializes in yarn dyeing and finishing business for 20 years, through continuous investment and innovation, the business scale continues to expand, product quality and service capabilities continue to improve, has a high degree of recognition in the industry. While deeply cultivating production and operation, the company attaches great importance to the construction of the company's own brand.
In 2018, Fuchun Dyeing and Weaving's "Tianwaitian" trademark was recognized as "China's Well-known Trademark", further enhancing the company's brand awareness and influence. With a good market reputation and high-quality brand image, the company has accumulated a certain scale of high-quality customers, such as Mona, Lanza, Nair and so on.
At present, there are more than 1,000 customers with long-term cooperative relations with the company. On the one hand, rich and high-quality customer resources have laid the foundation for the company's future development, on the other hand, it also enables the company to timely understand the needs of downstream customers, grasp the latest trends and development trends of downstream industry development, so as to formulate product development plans and enterprise development strategies that are compatible with them, and continue to maintain competitive advantages.
Fuchun dyeing and weaving officially landed on the A-share market today, with the blessing of capital, the company has comprehensively improved its technology research and development and innovation capabilities, further enhanced the company's main business research and development and production capacity of new products, and is expected to complete the overall upgrading of the industry and production capacity agglomeration, which is worth the market expectations.
This article originated from Lanfu Finance
![The fourteenth session of the Fuchun Famous Masters Lecture Hall and the "Three Homes" Lecture Hall was held[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)