数据来源：中国海关，智研咨询整理 近一年中国纺织原料出口情况统计图 数据来源：中国海关，智研咨询整理 相关报告：智研咨询发布的《2025-2031年中国纺织行业发展战略规划及投资方向研究报告》 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 根据中国海关数据显示：2025年9月中国纺织原料进口数量为23万吨，同比下降9.6%，进口金额为5.69 亿美元，同比下降6.6%，2025年9月中国纺织原料出口数量为20万吨，同比增长34.8%，出口金额为3.06 亿美元，同比增长25.1%。 近一年中国纺织原料进口情况统计图 ...

Group 1 - The event held on November 7 in Shanghai aimed to promote the integration of domestic and international textile markets and expand textile and apparel consumption in Liaoning Province [1] - Over 100 Liaoning brand apparel items were showcased at the event, highlighting the province's industrial cluster advantages and innovative vitality of textile enterprises [1] - Liaoning's textile industry has established 11 national-level characteristic cities and towns, with a diverse product system including swimwear, cotton clothing, pants, socks, custom clothing, silk, and outdoor sportswear, exporting to over 160 countries and regions [1] Group 2 - The Secretary-General of the China National Textile and Apparel Council emphasized that Liaoning has a rich heritage and distinctive characteristics in the textile and apparel industry, achieving significant results in growth, innovation, branding, and market expansion [2] - The Council will continue to focus on policy coordination and standard alignment to support the quality and consistency of products from Liaoning and across the country [2]

Core Insights - The Chinese government emphasizes the importance of promoting market diversification and the integration of domestic and foreign trade, aiming to optimize and upgrade goods trade while expanding intermediate goods and green trade [1] Group 1: Green Trade Development - The acceleration of global green low-carbon transformation has led many countries to view green trade as a key strategy for enhancing international competitiveness and rule-making power in the low-carbon sector [2] - During the "14th Five-Year Plan" period, Chinese foreign trade enterprises have actively adapted to international changes by developing green products, improving production processes, optimizing energy management, and building green supply chains, resulting in significant achievements [2] - By 2024, China's "new three samples" exports are expected to increase by 2.6 times compared to 2020, driving the continuous optimization of export product structure towards high-tech, high value-added, and green low-carbon directions [2] Group 2: Digital Technology Integration - Cutting-edge technologies such as big data, artificial intelligence, and blockchain are deeply integrated into all processes and stages of trade, providing strong momentum for the innovative development of green trade [3] - Foreign trade enterprises are encouraged to incorporate green concepts throughout the trade process and accelerate the application of digital technologies to enhance green low-carbon development capabilities [3] Group 3: Supply Chain and Carbon Footprint Management - Digital technologies offer new solutions for constructing transparent, collaborative, and efficient green supply chain management systems, including establishing a green supply chain database to adapt to various countries' green standards [4] - The establishment of a carbon footprint accounting system for products is facilitated by the digital transformation of enterprises and their supply chains, enabling precise monitoring and management of energy consumption, production processes, and logistics [4] - Zhejiang Province has pioneered the creation of a carbon footprint database for the textile industry chain, providing localized and credible carbon accounting services for foreign trade enterprises [4]

Core Viewpoint - Changzhou Baolong Motor Co., Ltd. officially listed on the National Equities Exchange and Quotations (NEEQ) on October 31, with a total of 5 million shares, marking the second company from Changzhou Economic Development Zone to enter the capital market within a week [1] Group 1: Company Overview - Baolong Motor has been focused on the micro and special motor sector for 21 years, with orders for robot-related motor products doubling year-on-year, driving total sales growth of over 20% this year [1] - The company plans to raise funds for capacity expansion and technological upgrades, aiming to add an annual production capacity of 500,000 high-end motors and deepen strategic cooperation with robot manufacturers [1] Group 2: Industry Context - Jiangsu Beltfort New Materials Co., Ltd., which specializes in the research, production, and sales of automotive leather base fabrics, also successfully listed on the NEEQ on October 27 [1] - The Changzhou Economic Development Zone has developed 16 domestic and foreign listed companies, 32 NEEQ-listed companies, and 162 companies that have completed share reform over the past 10 years, contributing over 15% of the city's total listed companies despite occupying only 4% of the city's land area [1] - The zone's Party Working Committee Secretary, Ding Yi, stated that the zone is building a full lifecycle cultivation system for technology-based SMEs, high-tech enterprises, gazelle enterprises, unicorns, and listed companies to ensure a robust pipeline of potential listings [1]

Core Insights - The World Textile Conference is being held in Shaoxing, Zhejiang Province, focusing on the theme of "International Competition and Cooperation - Restructuring the Global Textile Value Chain" with discussions on innovation, green development, brand building, and globalization [1] Group 1: Innovation and Technology - Global textile companies are focusing on technological innovation to activate new industrial momentum, with Shandong Weiqiao Group reporting over 3,000 new product developments annually [2] - Zhejiang Yingfeng Technology Co., Ltd. emphasizes the application of artificial intelligence in production, achieving significant efficiency improvements in three out of five implemented scenarios [2] - Shaoxing has 12 textile enterprises recognized as national-level smart factories, with average production efficiency increasing by 32.2% and production costs decreasing by 18% post-digital transformation [2] Group 2: Green Development - Global textile enterprises, including those from China, are prioritizing smart applications and green development as strategic directions [2] - CHT Group's Asia-Pacific Operations Director highlighted the establishment of global green standards as a pathway for technological advancement and circular economy development [2] Group 3: Brand Building and International Cooperation - The founder of the French Federation of Haute Couture and Fashion advocates for international cooperation in fashion design, suggesting the creation of collaborative innovation labs to enhance cultural exchange and brand development [3] - Zhejiang China Light Textile City Group is focusing on digital transformation to integrate various operational aspects, creating a "China Light Textile City Brain" and connecting to AI platforms for global trade [3] Group 4: Future Outlook - Shaoxing aims to seek breakthroughs in the new round of technological and industrial revolutions, collaborating with global textile industries to discuss restructuring the value chain [5] - The China National Textile and Apparel Council emphasizes that China's practices in the textile sector can serve as a reference for other countries, expressing a willingness to collaborate for a better future [5]

Core Viewpoint - The company has participated in the China International Textile Machinery Exhibition and ITMA Asia Exhibition, showcasing its upgraded waterless printing and dyeing integrated machine, available in standard and intelligent models [1] Group 1 - The company introduced an upgraded version of its waterless printing and dyeing integrated machine [1] - The new machine is offered in two types: standard and intelligent [1]

Core Viewpoint - The company, Intertek Textile (01382), anticipates a significant decline in profit for the six months ending September 30, 2025, with expected earnings attributable to equity holders ranging from approximately HKD 72 million to HKD 82 million, compared to HKD 107 million for the same period ending September 30, 2024 [1] Group 1: Financial Performance - The expected profit decline is primarily attributed to a reduction in sales orders and higher fixed cost amortization due to low production facility utilization [1] - The company reported that during the period from April to June 2025, U.S. tariffs on goods imported from Vietnam were raised significantly to 46%, leading to some U.S. customers suspending or canceling orders, which was a major factor in the profit decline [1] Group 2: Recovery Outlook - Starting from July 2025, U.S. import tariffs are gradually decreasing to 20%, and the company's sales order levels have returned to the levels seen in March 2025, with the utilization rate of the Vietnam facility recovering to 80% to 90% [1] - The company expects to announce its mid-term results for 2025/2026 on November 28, 2025 [1]

Summary of Key Points Core Viewpoint - 百宏实业 (02299.HK) announced a share buyback on November 7, 2025, spending HKD 29.2 million to repurchase 6,000 shares at a price range of HKD 4.82 to 4.90 per share [1] Company Actions - The company executed a buyback of 6,000 shares [1] - The total expenditure for the buyback was HKD 29.2 million [1] - The buyback price per share ranged from HKD 4.82 to HKD 4.90 [1]

Core Viewpoint - The company, Huatai Textile (01382), expects a significant decline in profit for the six months ending September 30, 2025, with estimated profits between HKD 72 million and HKD 82 million, compared to HKD 107 million for the same period in 2024 [1] Group 1: Financial Performance - The expected profit decline is attributed to a decrease in sales orders, primarily due to a sharp drop in orders from April to June 2025 [1] - The increase in U.S. import tariffs on goods from Vietnam to 46% led to U.S. customers suspending or canceling orders placed with the company's Vietnamese factories [1] - The company's production facility utilization rates were low, resulting in higher fixed cost amortization [1] Group 2: Recovery Indicators - The impact of U.S. import tariffs began to diminish from July 2025, with the tariff rate reduced to 20% [1] - Sales order levels have returned to those seen in March 2025, indicating a recovery in demand [1] - Utilization rates at the two Vietnamese factories have rebounded to between 80% and 90% [1]

Core Viewpoint - The company, Huatai Textile (01382), anticipates a significant decline in profit for the six months ending September 30, 2025, with expected net profit attributable to shareholders ranging between HKD 72 million and HKD 82 million, compared to HKD 107 million for the same period last year [1] Group 1: Financial Performance - The expected profit decline is primarily attributed to a decrease in sales orders, particularly a sharp drop in orders from April to June 2025 due to increased U.S. tariffs on imports from Vietnam [1] - The U.S. announced a substantial tariff increase to 46% on goods imported from Vietnam, leading to some American clients suspending or canceling orders placed with the company's Vietnamese factories [1] - The company's production facility utilization rates were low, resulting in higher fixed cost amortization during the reporting period [1] Group 2: Recovery Indicators - The impact of U.S. import tariffs began to diminish from July 2025, with the tariff rate subsequently reduced to 20% [1] - Sales order levels have returned to the levels seen in March 2025, indicating a recovery in demand [1] - Utilization rates at the two Vietnamese factories have rebounded to between 80% and 90% [1]