Dai Rongji, chairman of Kangnaxiang.

(provided by Kang Naxiang)

[Reporter Huang Haochen/Taipei Report] Taiwan stocks fell nearly 100 points today, but biomedical stocks bucked the trend and rose. Among them, the non-woven fabric factories Kangnaxiang (9919) and Nanliu (6504), which make masks, rushed to the daily limit after the market opened today. Naxiang rose 1.7 yuan to close at 18.85 yuan at the end, and the trading volume increased to 4201. Nanliu rose 7.1 yuan to close at 78.5 yuan.

The main business of Kangnaxiang is the manufacturing and trading of various paper products and cotton chemical fiber processed products, the production, sales and agency distribution of sanitary napkins, diapers, wet wipes and cosmetic cotton, and the production, sales and agency distribution of various non-woven products. Due to the sharp drop in demand for mask production, Kang Naxiang has also recently borrowed multiple technologies and product layouts, hoping to help the company enter the field of "electronic wiper" materials in fabs.

Please read on...

The main products of Nanliu are hot-pressed non-woven fabrics, water-needle non-woven fabrics, surgical protective clothing, facial masks, masks and other related products. Nanliu's sales areas are mainly in China, accounting for more than 43%, and Taiwan 29.1%. This year, it will be banned by China. , affecting local raw material logistics and warehousing, Nanliu plans to relocate the Kaohsiung Yanchao factory to India in 2024. It is expected that the Indian factory will become the growth momentum of Nanliu in the future.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news