Goldman Sachs "pig" who benefit? Imitation leather industry sought after

The famous international investment bank Goldman Sachs recently spent 200 million to 300 million US dollars in key pig breeding areas in China, Hunan, Fujian, one-stop wholly-owned acquisition of more than 10 professional pig factory, the news stimulated Fortune Ng Fung, the new five Fung, Gold Food, Luo Niu Shan and other pig stocks went straight to limit. Pigs dirty and tiring, Dongguan City, Guangdong Province, also had the desire to "ban pigs," well-dressed investment predators actually invested heavily in pigs, of course, is for profit. Since last year, the price of pork and beef has skyrocketed, which nearly doubled, which makes people look forward to "look forward to the flesh and blood." Fuchengwufeng and Luoniushan, which raise pigs and cattle, have pre-hi, and the high meat prices have forced Dongguan to recover "No pork order," the United States Goldman Sachs is clearly fancy "business opportunities." Meat is not separated from the skin, meat price fluctuations soon spread to the tanning industry, leather products soared, the price of raw pig skin rose from 60 yuan to 100 yuan per piece, an increase of 60%, the same is true of leather, and even Mercedes-Benz car giant auto industry too much, decided to use the imitation leather in the case of customer requirements for car interiors, the global luxury goods leader LV / Louis Vuitton company is the full use of PU leather to make handbags, bags, and these will not mold , More attractive color PU leather handbags, bags sold even more expensive than the leather, even more "upscale", other luxury goods companies have to follow, the leather industry actually become the biggest beneficiaries of soaring meat prices. Goldman Sachs "pig", the entire industrial chain of listed companies have become the beneficiaries, have been sought after by the market.

PVC, PU leather are collectively referred to as artificial leather or imitation leather, both of which are a kind of plastic PVC, but PU leather is more complicated than PVC leather in the manufacturing process. Because PU base cloth is PU material with good tensile strength , In addition to being coated on top of the base fabric, the base fabric can also be included in the middle, so that the appearance of the base fabric can not be seen. The physical properties of PU leather better than PVC leather, anti-twists and turns, good softness, tensile strength, with breathability (PVC no), PU feel soft, PVC feel hard, easy to distinguish, PU leather prices 1-3 times higher than PVC leather. A large number of animal leathers are consumed annually in garments, shoes, bags, furniture, and car interiors. The average price per car needs to be as high as two cows' worth of cowhide, pigs, cattle and sheepskin. In addition, PU leather Of the physical properties have been better than the characteristics of natural leather, PU leather pattern is more colorful than real leather, use PU leather instead of real leather is the trend of the times, the luxury boss LV PU leather handbags, bags sold more than leather More expensive. Fujian Nanfang (600483) is the only listed company in China that mainly produces PU leather and PU leather. With a good scale economy and clear overall strength, Fujian Nanfang (600483) plays a leading role in the industry with a market share of 40%. Fujian Nanfang has a complete PU leather fabric production line with advanced domestic level, two medium and high-grade wet PU leather production lines (one of them imported from Italy), ten acupuncture non-woven fabric synthetic leather fabric production lines (of which two are imported from Europe) The company is currently the largest and most complete variety, the best quality, product innovation and development capabilities of the strongest PU leather fabric production base and leather industry in Wenzhou set up factories. Fujian Nanfang said in its annual report that in the recent decade, the Chinese leather and synthetic leather industries have entered a period of rapid development. The industry as a whole maintained an average annual growth rate of 15-20% annually, both in the number of production lines and in the world. Are in a leading position, so far China has become the world's largest producer of synthetic leather, consumer power. The company occupies the forefront of the PU leather fabric industry, the market share is relatively high and relatively stable, with leather products to replace high leather, PU leather fabric market demand is expected to grow rapidly.

Fujian Nanfang is also the major non-woven fabric manufacturer in China. In the past, non-woven fabrics were mostly used in medical treatment such as masks, surgical clothing / hats and shoe covers. However, since June 1 this year, Sales, the use of ultra-thin plastic shopping bags, replaced by mainly non-woven fabric, reusable "green shopping bag", non-woven fabric market capacity surge numerous times in 2007 Fujian South spinning basically completed acupuncture, water Thorn nonwovens technical transformation work, has initially formed three spunlace, ten acupuncture nonwovens production line pattern, the annual production capacity of 21,000 tons, will benefit from the "White ban." In addition Fujian Nanfang also holds 15 million shares of Bank of Communications, the book profit of 100 million yuan, has been lifted. Since August 1, the country has significantly raised the export tax rebate for textile products. Fengzhu Textile has even landed two daily stops. As a fellow Fujian Nanfang, it ranks as the industry leader in both PU leather and non-woven fabrics. Competitiveness, is expected to fight side by side with Fengzhu textile, it is worth focusing on.

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