Quanzhou Shoe Enterprises: Resource Integration And Industrial Upgrading

In fact, some small and medium-sized enterprises in Quanzhou are also facing serious losses or even insolvency. If SMEs want to get out of difficulties and regional industries should achieve overall upgrading, mergers and acquisitions may become a fast and effective way.

It is understood that as early as 2007, the new association Zhi bought the finished shoes brand Adi Wang.

With this acquisition, the industry chain of new synergy has been extended again.

According to the survey conducted by the Quanzhou investigation team of the National Bureau of statistics, 81 enterprises in the city showed that in 2007, 13 enterprises in Quanzhou had implemented the merger and reorganization of enterprises, accounting for 16%.

Although the statistics in 2008 have not yet come out, we can also feel the increasingly intense M & a boom from several acquisitions that shocked the industry.

However, for companies that have always been healthy and powerful, they can take over competitors' production equipment and projects at lower prices. Expansion of scale and industry acquisition will be the theme of this year.

Turning to the acquisition of Fubon light industry MD two soles production project, Su Mingfeng, general manager of the new association, said that he originally wanted to invest two MD soles, but the new investment needed huge amounts of capital and manpower, at least tens of millions of dollars needed, and the payback period was long.

From the perspective of Fubang company, the production scale of MD's two soles has accounted for 2/5 of the overall production scale of Fubang. Because of the high expenditure and no scale effect, it is difficult to directly proportional to input and output, and also intends to cut it off.

One willing to buy, one willing to sell, two enterprises soon reached a consensus.

In this way, the effective utilization of production capacity is achieved and duplication is avoided.

Through mergers and acquisitions, mutual participation and other activities, enterprises can find advanced management mode and adequate financial support for enterprises. This is a powerful way to achieve rapid expansion, bigger and stronger, and for mergers and acquisitions enterprises, it is also a new development opportunity and a rebirth of enterprises.

A way to survive and develop.

Last year, hundreds of enterprises were invested overseas, according to the Municipal Bureau of external affairs.

Industry analysts said that many enterprises in Quanzhou have good brand strength, and the ability to "go out" has become stronger and stronger.

In the context of the current global financial crisis, Quanzhou enterprises can grasp the opportunity of low price and undertake overseas mergers and acquisitions in a timely manner.

PEAK has been thinking about the integration of upstream suppliers, but has not been able to achieve it for several years.

The reason is that most of these suppliers are upstream for Nike and Adidas, and their resources are monopolized by Nike and Adidas. It is almost impossible for domestic enterprises to cooperate with them.

Xu Zhida said that after the integration of microfiber suppliers, PEAK will take advantage of this opportunity to integrate the suppliers of vamp and sole to form an efficient industrial chain with PEAK as the center.

Quanzhou has a complete industrial chain, but the scattered manufacturing factories make the homogenization competition in the same production link more intense.

Enterprises lacking competitive advantage will be forced out, and strong enterprises will become stronger and stronger. In the future, Quanzhou enterprises will probably start a boom in mergers and acquisitions.