withoutSeam underwear for its skin comfort

Basic conditions of the company: the seamless garment of family-controlled enterprises leading. Stick hero in the world's largest seamless garment industry cluster-Yiwu, Yiwu seamless garment production capacity currently has about 30% of the world, the company has the world's fourth-largest, the second large-scale seamless garment production capacity. Companies more than 80% of products sold abroad, is seamlessly weaving industry in Yiwu city AssociationPresident unit. From 2008 to 2010 33.03% annual increase in operating income, 2011-June achieved revenue of $ 153 million, representing a growth of 71.66%.　　Main shareholders of the company as Tao Jianwei sister and brother three. Demand for traditional knitted garment seamless formed alternative has become an inevitable trend. From a global perspective, withoutSeam underwear for its skin comfort, functionality and fashion had access to Europe and the United States consumer love and recognition, Chinese consumers seamless product consumption habits are in cultivation, potential is large. As generation y, generation gradually become the main consumers, its self-cultivation of sexual, fashion clothing, novelty fabrics, and the functionality of the pursuit swtor credits, making seamless young customer baseMore likely to be approved, expected future domestic market demand for seamless goods will grow rapidly. Industry concentration is low, corporate dominance more pronounced. Seamless knitting machines worldwide has the largest number of top ten companies in the market share of cumulative percentage about 15%, seamless clothing industry as a whole has a large space for industry consolidation. Seamless garment industry have high barriers to qualificationsOverseas middle and high-end customers requiring a high level, "audit" program complex and difficult, company very few qualifications are perfect for domestic manufacturer of seamless, one of the core stock of the world top five, raised after the implementation of investment projects, capacity world second. Raising investment gold resolve capacity bottlenecks, seamless sportswear production expanded advantages. This plan raised investment Gold 2.$ 1.1 billion is mainly used for producing 20 million high-grade seamless technical renovation and expansion project, construction period of 1 year, 2nd year, went into production, reaching from the 4th year.　　Raise investment gold helps companies expand their advantages in seamless sportswear production areas. Profit forecasts and investment advice. We expect the company revenue is $ 355 million, respectively, 4 2011-2013.$ 6.2 billion and $ 646 million, EPS respectively in 2011-2013, 1.05 and $ 1.32, compared to a share of comparable companies swtor power leveling, we thought we could have given the company 2011 times earnings, fair value range is $ 15.3 per cent. Risks revealed. Exchange rate risks, fluctuations in demand on the international marketRisks, technological risks, changes in the export tax rebate policy risks (specific content please see annex)