Hello, please help me analyze 002404 Jiaxin Silk

002404 Jiaxin Silk can hold shares to wait for gains in the market outlook, or intervene on dips.

Recently, China's stock market has adjusted significantly. The Shanghai Composite Index has adjusted from 5170 points to 3100 points. The stock price of 002404 Jiaxin Silk has dropped from the previous high of 15.95 yuan to the current 7.88 yuan. The adjustment is basically in place, and there is room for decline. It's not big, so you can hold the stock and wait for it to rise, or intervene when it's low.

Introduction:

Zhejiang Jiaxin Silk Co., Ltd. (stock code: 002404, stock abbreviation: "Jiaxin Silk") is mainly engaged in the manufacturing of high-end silk, silk, clothing and other products. The headquarters and its affiliated companies are engaged in the production and sales of cocoon harvesting and drying, silk making, weaving, printing and dyeing, knitting, and clothing. It is one of the largest silk product production and sales companies in China. The Jiaxin Silk Industrial Park invested by the company covering an area of ??300,000 square meters is an advanced silk industrial manufacturing base, as well as a national industrial tourism demonstration site and a 3A tourist attraction.

The industrial park is located on Zhongshan West Road, Jiaxing City, 300 meters away from the exit of the Shanghai-Hangzhou-Suzhou Expressway. It is about an hour's drive from important cities such as Shanghai, Hangzhou, Ningbo, and Suzhou, with convenient transportation. The park is fully equipped with water, electricity, steam and sewage treatment. The entire industrial park integrates mulberry planting, sericulture, silk reeling, silk weaving, printing and dyeing, garments, accessories, warehousing, logistics support, and product sales.