Revelation From The Survival Crisis Of Key Enterprises To The Textile Industry

At the end of March this year, the Shandong Cherry Blossom Textile Group Co., Ltd., which had been flagrantly collapsed and bought by Shandong Ruyi group, immediately became an explosive news and launched a great stir in the whole industry.

For a time, Shandong cherry Textile Group Co., Ltd. was put on the "cusp", and the news about the acquisition has become the focus of the media competition. The mystery of the acquisition process and the insider trading has been haunting people's minds.

Today, it has been almost 4 months since the acquisition of Shandong Cherry Blossom Textile Group Co., Ltd. by Shandong Ruyi group. With the passage of time, this vigorous acquisition has gradually faded out of people's vision and has become a dusty past. Now it is mentioned again in the past. It still shows great concern and enthusiasm for the fate of Shandong's cherry blossom textile. The author can not help but sweat for the survival of those key textile enterprises.

According to the lovers, since Shandong Sakura Textile Group has been bought by Shandong Ruyi group, the days are not in the imagination, and there are still more "hidden".

Due to the current macroeconomic policy and tight monetary tightening, and the weak demand in the international textile market, the load rate of Shandong Sakura textile has dropped again in the past two months, the order is seriously insufficient, the loom stop rate is more than 20%, and the flow rate of the middle and upper level personnel is relatively large. Among them, 340 will be the better production line of the wider grey fabric, while the 280 TOYOTA air-jet loom is in a high rate of production. In addition, the power shortage in the Shandong area is extremely scarce. The blackout in Jining, where the cherry blossoms are located, is even more frequent in the Jining area, and the phenomenon of 1 days' rest for 3 days in the production line workers is a strange phenomenon.

What is even more disturbing is that due to the recent sluggish sales of gauze, the stock of some high count yarn varieties has increased rapidly, reaching hundreds of tons. The inventory of single grey cloth varieties is also tens of thousands of meters, and the amount of inventory has already been increased by 20 million yuan, and the foreign debt of about 8000000 yuan has been added.

Prominent Shandong Galaxy Textile Group has also been on the brink of production shutdown. The well-known fund of Shandong de cotton Limited by Share Ltd has been severely condemned by the SFC and publicly condemned by the Shenzhen Stock Exchange. Henan textile industry in Zhengzhou has lost billions of dollars every month, of which 6 cotton textile mills that are brilliant for a time have been selling land for survival and difficulties. Recently, the largest bankruptcy case in Shaanxi province has been launched by the central government under the policy bankruptcy work of Tanghua group, which has been totally shut down for 10 years in 5 of its subordinate enterprises, and six cotton production in Tanghua has been partially discontinued. Dahua Company and Tanghua Sanmian have suffered serious losses for many years and are facing a total loss of production. According to statistics and feedback from informed sources, the tragic collapse of Shandong Sakura textile is only the "tip of the iceberg" of China's textile industry.

In addition, the overall relocation and industrial upgrading of Hebei Shijiazhuang Changshan textile complex are in a dilemma because of the "ambitious plan".

To sum up the reasons for the frequent occurrence of key textile enterprises this year, we conclude that the focus of attention is focused on three aspects.

On the one hand, the early stage of Shandong Sakura textile suddenly "withered" fate expressed a great sigh and pity, covering up the survival crisis of other key textile enterprises.

The main reason for the purchase of flower textile is that Shandong Sakura textile is a more influential leading enterprise in the national textile industry. It has a number of advanced international equipment, including the German Steel Association, the Japanese TOYOTA roving machine, the Italy automatic winder, the Benin TOYOTA warp knitting machine, the Japanese TOYOTA 280 air-jet loom, the Japanese Jinta 190 air jet loom, and the Belgian bale 340 looms. It has 300 thousand spindles (about 220 thousand spindles), more than 1000 looms (800 shuttle looms and 500 shuttleless looms), and 200 key enterprises in Shandong province and the top 10 enterprises in the national cotton textile industry. For Shandong Cherry

Shandong Sakura textile has come to such an insolvency dilemma that it is hard to believe. In retrospect, it still gives people a cold sweat.

On the other hand, some people in the industry questioned the first acquisition of Shandong's textile industry, which is widely known as a masterpiece by local governments.

According to people familiar with the matter, Shandong Ruyi group's acquisition of 100% stake in Shandong Sakura Textile Group Co., Ltd. is not a good thing for you, because Shandong Sakura textile is a typical "mess" with a deficit of more than 890 million yuan. Shandong Ruyi is not willing to accept this "hot potato". Therefore, it is predicted that the local government will play a role in "marriage match". This is not a "consensual" marriage.

Third, there is an unprecedented interest in the survival of the key textile enterprises in the past, especially because the leading products of Shandong Sakura textile are 50S-120S high count yarn and 40S-130S high and high density jacquard and elastic grey cloth. According to the investigation of China cotton textile information network, 120 of the high count yarns have mass production capacity and enjoy high popularity in the market. At the beginning of this year, the JC120S/2 market price reached 86000 yuan / ton.

The company's 20 yuan / meter grey cloth products are also everywhere, and the market price of JC120S/2 x 120S/2 173 x 150120 "0.5cm jacquard gray cloth has reached 43 yuan / meter.

Theoretically speaking, Shandong Sakura textile gauze products have a strong voice in the market, and also conform to the road of industrial upgrading and product structure adjustment advocated at present. Therefore, some people think that it is not only a question of capital, but also needs to review their own predatory survival mode. Some key textile enterprises with similar products are more self assured and alert, and need more sober thinking and deep introspection.