08471 REACH NEW HLDGS
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REACH NEW HLDGS News
Innovent Bio (01801.HK) and Beijing Aosaikang Pharmaceutical have reached a strategic cooperation on the lung cancer targeted drug Aiyixin.
Innovent Bio (01801.HK) and Beijing Aosaikang Pharmaceutical (002755.SZ) recently signed a cooperation agreement. The two parties will achieve exclusive commercial cooperation on the third-generation epidermal growth factor receptor tyrosine kinase inhibitor (EGFR-TKI) targeted drug "Icotinib Tablet" (commodity name: Oyi Xin). Beijing Aosaikang Pharmaceutical will be the holder of the marketing authorization for the collaborative product, responsible for the commercial production and supply of the collaborative product, and will pay Innovent Bio sales and marketing service fees according to the cooperation agreement. Innovent Bio will obtain the exclusive promotion and sales rights of the collaborative product in China mainland, and will pay according to the cooperation agreement
REACH NEW HLDGS: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TOTHE ANNUAL REPORT 2023
REACH NEW HLDGS: INTERIM REPORT 2024
Haitong Securities: Continuous destocking of polyester filament factories, expecting improvement in end demand.
As the inventory of rayon continues to decrease, Haitong Securities expects downstream demand to further improve with the approach of the traditional peak season in September and October.
Reach New Holdings (08471) announced its interim results, with a net loss attributable to shareholders of 6.485 million yuan, a year-on-year increase of 419.2%.
Reach New Holdings (08471) released its six-month performance for the period ending June 30, 2024, with a revenue of 39.709 million...
REACH NEW HLDGS: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
In July, the export amount of textiles and outfits was $26.8 billion, a slight decrease of 0.5% compared to the same period last year.
According to the latest data from the General Administration of Customs, textile and clothing exports unexpectedly fell in July despite a low base. In US dollars, the export value of textile and clothing in that month was 26.8 billion dollars, which turned from positive to negative year-on-year, a decrease of 0.5%.
China Textile Import and Export Chamber of Commerce: China's textile industry foreign trade is expected to continue the steady recovery trend in the second half of the year.
From January to June, the trade volume of textile and outfits reached 153.57 billion US dollars, a year-on-year increase of 1.7%, of which the export amount was 143.24 billion US dollars, an increase of 1.6%, and the import amount was 10.33 billion US dollars, an increase of 3.8%. The cumulative trade surplus was 132.91 billion US dollars, an increase of 1.4%.
GTJA: Currently, the downstream inventory clearance of the footwear and apparel industry has basically ended, and the trend of order recovery is not a concern.
At present, the downstream destocking has basically come to an end. Judging from the order tracking situation of the top manufacturing companies, the trend of order recovery is secure. Especially the leading companies have the logic of seizing market share and expanding customer base, which is worth looking forward to.
Changjiang Securities textile, clothing and luxury goods special report: North American demand is weak, and the elasticity of inventory replenishment still needs to be observed.
Looking ahead, it is expected that inventory replenishment will continue, with the elasticity of replenishment depending on the strength of demand recovery at the end. The overseas apparel retail industry has gradually entered the tail end of destocking since 2022Q3, and the pace and continuity of export chain recovery depends on the pace of replenishment, while the elasticity of recovery depends on the strength of demand recovery at the end.
Citic Sec: supply pattern continues to optimize, viscose staple fiber industry is expected to emerge from the downturn.
Viscose staple fiber is one of the three major textile fibers, combining the advantages of both synthetic and natural fibers.
Zhongjin: The forward-looking indicators of textile manufacturing continue to improve, and the industry has begun to actively supplement inventory.
The forward-looking indicators of textile manufacturing for Q4 2023 and Q1 2024 continue to improve, and the industry has started actively replenishing inventory, with demand continuing to recover.
Xinda Holdings (08471) completed the issuance of 70 million shares to be placed
Xinda Holdings (08471) issued an announcement. The placement was completed on May 2, 2024. According to the Placement Agreement...
In the first quarter, China's textile exports totaled 7.39 billion US dollars, a year-on-year increase of 3.2%
From January to March of this year, China's textile exports stabilized, with a total export volume of 7.39 billion US dollars, an increase of 3.2% over the previous year.
China Chamber of Commerce for Import and Export of Textiles: From January to March, China's clothing exports totaled US$33.82 billion, up 1.1% year-on-year
Compared with March of previous years, this year's export scale is still at a historically high level, up 25.1% from March 2019 before the pandemic.
REACH NEW HLDGS: ANNUAL REPORT 2023
China Chamber of Commerce for Import and Export of Textiles: Textile and garment exports of US$45.1 billion increased 14% year-on-year in January-February
On April 9, the China Chamber of Commerce for Import and Export of Textiles released the national fabric import and export overview from January to February 2024.
Suntec Holdings (08471) grants 80 million share options
Xinda Holdings (08471) announced that on March 26, 2024, the company has granted 80 million yuan to several individuals...
Suntec Holdings (08471): Cancellation of the position of Compliance Officer
Xinda Holdings (08471) issued an announcement. After the amendments to the GEM listing rules came into effect on January 1, 2024,...
Xinda Holdings (08471) announced its 2023 annual results. Shareholders should have accounted for a loss of 21.634 million yuan, an increase of 220.8% over the previous year
Xinda Holdings (08471) announced results for the year ended December 31, 2023, with revenue of 66.323 million...
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