Kim Fei Da Wants To Run Textile School To Reduce Costs.
Unlike the black peony, the reporter came to the company and saw the wide gate and the beautiful building.
It is less than 3 months before the small and medium sized board is listed. It is a company engaged in middle and top grade clothing ODM (original design manufacturer) and OBM (private label production) enterprise, and more than 90% of its revenues depend on exports.
(ss126.com for a fashion certified product)
Increased by more than 400 in the second half
The outdoor temperature is above 30 degrees Celsius. However, in the finished product inspection workshop of Jin Feida, there was a row of winter clothes.
Zheng Weilong, a representative of the company's securities affairs, said: "our main sales market is the United States, and there are special market researchers there, who do research on the colors and fabrics that are popular in autumn in the United States, and then make them into small samples. From the purchase of raw materials to the processing of high-end clothing, all we do.
It is reported that the export tax rebate rate increased by 2%, which is expected to increase the net profit of 4 million ~500 yuan in the second half of the year. Moreover, the about 4000000 yuan will not be diluted by businesses. Zheng Weilong said: "we buy Fabrics ourselves, we produce products ourselves, and we have advantages in bargaining."
Worry about no profit guarantee for domestic sales
Zheng Weilong said, "we are not like those enterprises that do the processing of materials. We calculate them for the fabric, the wages and so on. You can only earn hard money. If there is no export tax rebate, there will be little profit. "
However, Zheng acknowledges that the appreciation of the renminbi is still having a great impact on the company, especially in the United States, where the export market is basically settled in US dollars. "Last year, the profit of our company would be quite large if it was settled in US dollars, but it would be much less if it was converted into Renminbi."
Entering the European market is a way to cope with the appreciation of the renminbi. In July, Kim Feida signed a trial list with a British company. This month, Kim Feida has received orders for work clothes from Volkswagen repair shop. Zheng Weilong said: "whether we want to sell domestically or expand the domestic market, we are also considering it. A list like the public does not require investment and profits are stable. But if we go into the domestic market, there are still many problems. For example, we should invest in building sales outlets.
Zheng Weilong said frankly, for Kim Feida, the main problem of domestic sales is that the profit margin can not be guaranteed, and the domestic market has not enough capacity to digest high-grade clothing. Many brands will eventually go to middle and low grade and become more and more popular. "A supermarket like WAL-MART has 40 yuan for clothes, and our products are not profitable at all."
Reduce costs and plan textile schools
Kim Feida's settlement of workers' wages is mainly piecework. Due to too many orders, the company has to find good processing enterprises to produce products. "Our IPO's main investment project is to expand the scale of production, because the current scale has been unable to complete the order. Some bankrupt enterprises are also talking to us and want us to buy them. However, recruitment of workers is a problem. " Zheng Weilong said.
In the manufacturing workshop, a staff member told reporters that skilled workers are now hard to find and wages must be competitive, which virtually increases the company's production costs.
Zheng Weilong introduced Kim Fei Da to consider cooperating with the government in Anhui, Henan and other low labor prices areas, setting up non-profit textile schools to train stable and excellent technical talents for the company, "this is also a way to reduce costs."
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