Analysis Of The Survival Situation Of Shoe And Leather Enterprises In Zhejiang

At the height of real estate development, all kinds of enterprises were rushing headlong into the herd, and everywhere when the stock market was hot, many companies bought securities companies, fry stocks and futures.

The collapse of several large enterprises in Zhejiang, such as Jiang long control group company, is due to the blind expansion of the road to destruction.

In particular, investment in some real estate projects, once the capital chain breaks, businesses naturally collapse.

And mutual guarantees between enterprises will trigger a series of failures.

Reporters learned that Jiang had submitted a report to the government before bankruptcy. He said that "we expanded according to the requirements of the government bigger and stronger", which reminded local governments to be cautious about "bigger and stronger" and not to encourage the expansion of enterprises lightly.

The director of Limited by Share Ltd of the ZOJE circle Zhou steel told reporters that these small and medium-sized enterprises rely on primitive accumulation for their capital, and the debt ratio is not high.

"Bankrupt enterprises are 1 yuan to do 10 yuan cause," the former level said: "no money, do not blindly do great things."

Often it is a loan from the parent company. Under the group company, there are several subsidiaries that invest in real estate, mineral resources and other projects. Once the operation is difficult, banks rush to withdraw funds. In order to respond to emergencies, banks often use high interest private capital to repay bank loans, hoping to get new loans from banks soon.

However, some credit officers did not fulfill their previous commitments because of their own interests, but refused to refinance on various grounds. As a result, not only did the company fail, but also the guarantee companies were involved one after another.

China Malaysia group has a total assets of about 1 billion yuan, ranking the fourth largest in last year's top 10 companies in Wenling, and has been doing well this year.

The reporter interviewed a bank employee who worked for ten years in Ningbo.

He told reporters that banks, as enterprises, are also facing fierce competition.

"Almost all large and small banks are in Ningbo. Who can borrow not to lend?"

We must be responsible for the depositors.

He said, "many enterprises have developed in recent years, and have not experienced the financial turmoil of the 1997, and have been used to good days".

Some loan officers connive at enterprises to borrow money while their business is in good condition, and enterprises do not have enough risk awareness.

Zeng often warned his friends that "money that can't generate benefits must not be borrowed."

Zhou Dewen, President of the Wenzhou SME Promotion Association, believes that if banks fail to lend money to businesses or finance, they should be told in advance so that enterprises can make preparations.

Wenzhou

Chairman Teng Xingbiao told reporters that since last year, the impact of rising costs on SMEs has gradually emerged. As a representative of labor intensive enterprises, the overall situation of Wenzhou footwear industry is more difficult.

"Chemical raw materials have risen fastest.

The glue and polyurethane have doubled. "

Since September, the price of raw materials has declined, but orders have been reduced by the impact of the financial crisis.

Yuhuan County, Taizhou, is known as the "town of China's automobile and motorcycle accessories". The order of car balls in September has been reduced by half.

"Combined with the combined factors such as exchange rate and labor cost, the cost increased by 30%, while the US orders decreased by 40%, and Europe reduced by at least 20%."

Teng Xingbiao wrote accounts to reporters. A factory of 1000 people produced 240 thousand pairs of shoes a month.

If you lose one to two yuan, you will lose about 400 thousand a month.

If we want to retain skilled workers and keep factories running, we must lose money.

Competition among enterprises is becoming fiercer and fiercer, killing each other.

"Because profits are too low, many businesses lose money.

There are 30% to 40% downtime and half downtime. It is estimated that 20% of shoe factories will be closed down by the end of the year.

Teng Xingbiao said.

Not relying on qualitative upgrading, we only rely on the expansion of quantity. Once we encounter changes in the external environment, we will have problems.

Chen Xiuping, general manager, told reporters that business is becoming more and more difficult now. The contract generally agreed that the exchange rate fluctuation will not affect the price in the three points. The negotiation will exceed this margin, and the exchange rate for the euro will be 18% worse this month.

In the past, when the bank capital was ample, some enterprises' credit loans were OK.

But now, even if some small and medium-sized enterprises have obtained property certificates and land certificates to apply for mortgage loans, they have been turned away by banks.

The prosperity of Wenzhou's private finance alleviated the problem of financing difficulties to some extent. Chen Xiuping said that Zhejiang's private lending ability and willingness are strong. If there is no private financing, there will be more businesses that fail.

But the interest rate of borrowing is relatively high, which may aggravate the plight of enterprises and even cause some social problems.

Yiwu's small commodities, Taizhou's motorcycle accessories and Ningbo's.

Wenzhou's system

Tannery and so on, what makes money to produce anything is the basic requirement of the market economy.

However, if a homogeneous product in a region is too concentrated, it will produce a squeeze effect. The result of rushing to the herd is a serious surplus of capacity and disorderly competition, resulting in a great waste of social resources.

"Open

Relatively easy, not much money required, but it is harder to survive than before. "

Teng Xingbiao told reporters that when he invested 880 thousand yuan to open this family.

Now, the money is enough to buy factories and equipment. Once wages are not up to date, the factory will be closed.

He believed that the government should increase the entry threshold of enterprises through business, fire protection and investment evaluation. Otherwise, many enterprises without strength will enter the business without any retreat.

"

Teng Xingbiao suggested that the government publish statistics on domestic and foreign production and sales data of various industries, and timely release them to enterprises, so as to guide investment behavior.

"We can't do this ourselves."

A government official told reporters that in the past, one or two industries with advantages could be listed in one place. Now there are all kinds of industries and products, but they are all traditional industries and low-end products. There are few products with high technology content and high added value.

Coupled with the problems of Zhejiang's Chi Mei and wave guides, Zhejiang's telecommunications and electronics industry contributed only 1.4% to the province's industrial growth from 1 to August this year.

Some of the high growth modern industries are relatively small in scale and have limited driving effect on Zhejiang's industrial growth.