CITIC Securities: It is recommended to pay close attention to the "small but beautiful" brands in the textile and apparel sector.

CITIC Securities pointed out that in the coming years, the attention to some "small and beautiful" companies in the textile and apparel sector will continue to increase. On the one hand, affected by previous operating pressures, these companies have long lacked market attention and their valuations are at the bottom position; on the other hand, these companies are actively seeking changes at the bottom of their operations, showing positive operational changes through business transformation, channel reforms, cost reduction, and efficiency improvement, thereby driving a overall revaluation of the company. It is recommended to pay close attention to the "small and beautiful" brands in the textile and apparel sector.