Will Xinye Textile Become a Demon Stock?
Xinye Textile will become a demon stock. According to relevant public information, Xinye Textile Holdings has changed from the county finance bureau to an emerging production investment. Xinxing Investment Co., Ltd. is jointly held by Nanyang Finance Bureau and Nanyang Industrial Investment Group. Upon inquiry, none of the three companies holds any listed shares, so Xinye Textile Federation is the first and possibly the only listed platform of the three companies.