Dang Yang Created The World'S Leading Apparel Sector

Yesterday,

Under the leadership of Dayang creation, the textile and garment sector collectively red yesterday. The Chinese garment (000902, stock bar) (000902.SZ), which was reduced by two shareholders, closed at 15.48 yuan, up 9.01%, while Zhejiang's 600070.SH (002344.SZ) rose 6.22% and 4.96% respectively.

Great wisdom (601519, stock bar), textile and garment industry normal trading of 67 stocks, more than half rise.

Post market statistics show that Dayang Chuang Shi yesterday's turnover of 122 thousand and 500 hands, the paction amount of 200 million yuan, the volume hit the stock since May the new high.

In 2011, a quarterly report released by Da Yang in April 19th showed that the net profit in the first quarter was 14 million 181 thousand and 300 yuan, down 37.07% compared to the same period last year. However, the decline in performance has not blocked the organization's favour for the creation of Dayang. A quarterly shareholder list shows that the four fund exchanges of huitianfu have increased their equilibrium growth (519018, fund bar), add rich private enterprises, huitianfu value selection (519069 funds) and huitianfu advantage (519008, fund bar) mixed group entered the top ten largest tradable shareholders, holding a total of 5 million 24 thousand and 200 shares, accounting for 4.67% of the total share capital of the circulating stock.

The important selling point of Dayang's creation is that since 2004, its senior men's wear brand TRANDS has been the concierge service for the leaders of the State Party and government. Buffett, Bill Gate, former president of Coca Cola Co and the richest man in Israel have all ordered the brand tailored suit.

In the two tier market, Dayang's creation soared from a low of 12.81 yuan in January 26th to 20.19 yuan in March 28th, but after that, it began to fall, as of yesterday's closing price of 16.50 yuan.

Although the performance of the first quarter is declining, the securities companies are still optimistic about it.

Wang Wei, a researcher at China Merchants Securities (600999, stock bar), pointed out that the first quarter performance of Dayang has declined, mainly due to the long Spring Festival holidays, the uneven distribution of quarterly distribution of Kimon business clothes and the uneven quarterly distribution of income tax rates, not caused by poor management.

Ma Tao, an analyst with GF Securities (000776, stock bar), pointed out that Dayang's creation of the domestic brand business in the next three years is expected to increase to more than 30% in the next three years. It is expected that the self brand business in 2011 will achieve more than $300 million and contribute to net profit.