Traditional Culture Encyclopedia - Hotel franchise - Why doesn't the share price of Sanfangxiang rise?

Why doesn't the share price of Sanfangxiang rise?

Industry competitiveness is saturated.

Sanfangxiang is made of polyester fiber. After forty years of rapid development, China's polyester industry has entered a stable stage with mature technology and technology and wide application. China has also become the country with the largest polyester production in the world.

Sanfangxiang Group Co., Ltd. was established in 1980. Sanfangxiang Group adheres to the enterprise spirit of "advocating science and pursuing Excellence", strives for a world-class chemical enterprise with high-quality development as the goal, and has formed a multi-field and multi-brand with polyester industry as the core, new chemical materials, polyester film, textile and other industries going hand in hand, covering investment, hotels and international trade.