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ABOUTHebei Junye Fiber Co., Ltd. is an environment-friendly science and technology enterprise that was invited by Lincheng County Government in 2014, with a total investment of 0.5 billion yuan. Under the leadership of Chairman Guo Fuyu and General Manager Guo Chaoke, the company has formed a unique "three integrity" management principle. Do not owe a penny to suppliers, do not owe a penny to employees, and do not deceive customers with high quality products. In the industry has set a weather vane, has become a model for many enterprises to operate and learn. It has won a good reputation and reputation for the enterprise, and has played its due role in the local economic development.
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PRODUCTS & APPLICATIONSThe company mainly uses waste mineral water bottles and beverage bottles as raw materials, and its products are mainly used in textile, home textile, weaving, linoleum base cloth and other industries. It is a state-supported capital recycling enterprise. The company's environmental protection characteristics are very prominent. It can use 100000 tons of discarded plastic bottles annually, which can replace the production capacity of 400000 mu of cotton, which is equivalent to saving 500000 tons of oil and reducing carbon dioxide emissions by 350000 tons.Product Service AreaMarketing Management Center：
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BLOGThe company mainly uses waste mineral water bottles and beverage bottles as raw materials, and its products are mainly used in textile, home textile, weaving, linoleum base cloth and other industries. It is a state-supported capital recycling enterprise. The company's environmental protection characteristics are very prominent. It can use 100000 tons of discarded plastic bottles annually, which can replace the production capacity of 400000 mu of cotton, which is equivalent to saving 500000 tons of oil and reducing carbon dioxide emissions by 350000 tons.
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CONTACTWe are committed to continuously improve the production process and quality of products, and constantly develop new products to maintain market competitiveness. Is moving in the direction of the modern enterprise with time. To "sincere, pragmatic, high-quality, efficient" for the purpose of the enterprise, dedicated to serve people from all walks of life.
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NEWS CENTER
High concentration brings high bargaining power Polyester filament giant performance surge
Release time:
16 Feb,2022
Recently, a number of polyester filament companies disclosed their 2021 performance forecasts. Among them, Tongkun shares (601233.SH) are expected to make a profit of 7.2 billion yuan to 8 billion yuan, an increase of up to about 5.153 billion yuan year-on-year. Xinfengming (603225.SH) expects net profit of about 2.15 billion yuan to 2.35 billion yuan, up 256.52 to 289.69 percent year-on-year.
Recently, a number of polyester filament companies disclosed their 2021 performance forecasts. Among them, Tongkun shares (601233.SH) are expected to make a profit of 7.2 billion yuan to 8 billion yuan, an increase of up to about 5.153 billion yuan year-on-year. Xinfengming (603225.SH) expects net profit of about 2.15 billion yuan to 2.35 billion yuan, up 256.52 to 289.69 percent year-on-year.
"In 2021, the volume and price of the polyester filament industry rose, and the prices of upstream raw materials showed an overall upward trend, supporting the overall increase in product prices, and downstream textile demand continued to grow steadily." Chen Bo, a researcher at Zhongyan Puhua, said in an interview with a reporter from China Business News that the current polyester filament CR6 (the top 6 companies) industry concentration has reached 60%, and the high bargaining power brought by the high concentration helps Protect the interests of enterprises.
Polyester, also known as polyester fiber, can be divided into polyester filament and polyester staple fiber. Polyester filament is mainly used as clothing fabric and lining, polyester staple fiber is mainly blended with other fibers such as cotton. Polyester production is located in the middle of the industrial chain, the upstream is mainly polyester raw material production, the downstream is mainly textile and garment production.
On the evening of January 28, Tongkun shares issued a performance forecast showing that in 2021, the company expects a profit of 7.2 billion yuan to 8 billion yuan, an increase of up to about 5.153 billion yuan over the same period last year, doubling year-on-year. In addition, on the evening of January 20, Xinfengming released a performance forecast that the expected net profit in 2021 is about 2.15 billion yuan to 2.35 billion yuan, an increase of 256.52 to 289.69 percent over the same period last year; net profit after deducting non-recurring gains and losses will increase by 1.67 billion yuan to 1.86 billion yuan, an increase of 419.87 to 467.59 percent over the same period last year.
Tongkun shares said that the concentration of polyester filament industry continued to increase, the prosperity gradually rebounded, the downstream textile terminal consumption continued to recover, and the production capacity of fiber products with high added value such as differentiation and functionality was enlarged. After the "40 million ton refining and chemical integration project" project of Zhejiang Petrochemical Co., Ltd., a joint-stock company of Tongkun, was put into operation, The production of each unit is progressing smoothly, the starting load is steadily increased, and the economic benefit is remarkable, the company's overall profitability increased significantly compared to the previous year.
"From the perspective of the entire industry, the price and output of polyester filament products in 2021 have increased compared with the same period last year." An executive of a listed company told reporters that since 2021, benefiting from the dual benefits of the domestic market and overseas exports, commodity prices have continued to rise, and the profits of the entire chemical company have generally improved.
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Functional regenerated polyester fiber, health and environmental protection, such as tiger wings
The earth's oil resources are not renewable, so saving oil resources is the responsibility of everyone on earth. Recycled polyester fiber, also known as recycled polyester fiber, is a waste of polyester bottles, polyester clothing and other polyester items, through the recycling process of preparation, so it can effectively save oil resources.
In 2019, the demand side of the chemical fiber industry continued to weaken, and the pressure of the contradiction between supply and demand increased: dragged down by various factors such as the crude oil market and international trade disputes. Product prices fall, industry earnings decline: lack of investment in fixed assets, investment reduction, industry new capacity slowdown.
High concentration brings high bargaining power Polyester filament giant performance surge
Recently, a number of polyester filament companies disclosed their 2021 performance forecasts. Among them, Tongkun shares (601233.SH) are expected to make a profit of 7.2 billion yuan to 8 billion yuan, an increase of up to about 5.153 billion yuan year-on-year. Xinfengming (603225.SH) expects net profit of about 2.15 billion yuan to 2.35 billion yuan, up 256.52 to 289.69 percent year-on-year.
Hebei Junye Fiber Co., Ltd.
Consultation:+86-319-3705216
E-mail:junyefiber@163.com
Website:www.junyefiber.com
Address: Kangzheng Avenue, Lincheng County, Xingtai City, Hebei Province
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