Last Year, Wen Shang Suffered A Heavy Loss Of 40 Billion &Nbsp, And Industrial Pformation Is The Way Out.

"The heavy losses in 2009 left a profound lesson for Wen Shang. The road to pformation of Wen Shang should take the road of combining industrial pformation with capital pformation."

Zhou Dewen, vice chairman of the China Council of the SME Service Alliance, vice president of the China SME Association and President of Wenzhou SME Promotion Association, made the above remarks at the press conference of the 2010 chamber of Commerce yesterday at APEC.

Last year, Wen Shang was repeatedly hit hard.

Zhou Dewen said that Wen Shang had a strong sense of investment.

Since the reform and opening up, with the entrepreneurial spirit of daring to forge ahead, Wenshang has been active in various fields all over the country, and has created enormous wealth.

However, in the past 2009, the most profitable businessman has become the most injured person.

Since 2002, private capital flows to Shanxi in Wenzhou.

According to incomplete statistics, Wen Shang invested more than 450 coal mines outside the province, with a total investment of more than 50 billion yuan.

In the boiling Shanxi coal reform incident, Wen Shang lost at least 25 billion to 30 billion yuan, which is still a conservative estimate according to the original agreement price.

In addition, in the "gray customs clearance" incident in the Russian Cheel Guizo J J Guizo Wo market, the loss of Wen Shang reported more than 800 million dollars. In the debt crisis of Dubai, Wen Shang was hit hard again, and about 7 billion yuan was covered.

Moreover, in recent years, with the attention of real estate, fried coal, fried cotton and fried oil, Wenshang has left many negative impressions.

It is understood that after several setbacks, nearly a period of time, from all over the country back to Wenzhou, "home" to help people are in an endless stream, "there is a little money in hand, but do not know whether to expand the scale of enterprises, or foreign investment."

This has become the dilemma faced by the vast majority of small and medium-sized enterprises in Wenzhou.

In this regard, Zhou Dewen pointed out that whether it is industrial investment or capital investment, pformation is the only way out, and it advocates the combination of industrial pformation and capital pformation.

Looking forward to joint pformation of industries

When it comes to the pformation of Wen Shang, Zhou Dewen believes that after a series of heavy losses on capital investment, many businessmen began to return to industrial investment.

He pointed out that most of the Wenzhou enterprises have the characteristics of "low, small and scattered". To achieve the pformation of enterprises, enterprises must first upgrade.

On the one hand, we should create small, superior, small and strong industries, and support small and medium enterprises to take the road of "specialized, precise, special and new" upgrading.

On the other hand, we should guide enterprises to unite, that is, leading the leading enterprises in the industry to integrate SMEs into the leading enterprise matching system, strengthen the industry and make excellent industrial chains through integrated reorganization, virtual operation, brand building and channel expansion.

Take Wenzhou's famous footwear enterprises as an example, now the finished shoe manufacturer has reduced from more than 5000 5 years ago to more than 2000.

In addition to some failures due to poor management, more enterprises are closely related to a core technology and pformed into supporting enterprises for finished shoe manufacturing enterprises, such as sole production enterprises and excipient production enterprises. This not only improves the added value of products, but also improves the development level of the whole enterprise and industry.

At present, the relevant government departments in Wenzhou have begun to implement the resource integration action plan of 36 traditional industries and emerging industries.

Zhou Dewen said that although Wen entered the international market very early, most of them still had low cost competition and quantity expansion, so they could only stay in the middle and low end markets abroad.

"Only when we go to the joint, can enterprises achieve better upgrading so as to compete with international enterprises. On this basis, enterprises have the necessary conditions for pformation."

Integration, upgrading and pformation are interlocking.

Direction capital enters financial venture capital

It is reported that at present, the scale of private floating capital in Wenzhou has reached 750 billion yuan, and the strength is very strong, which is equivalent to the sum of the total profits of the central enterprises in 2009.

However, after a series of heavy attacks, many Wenzhou private capital is in a state of hesitation.

"Before there was room to buy, there was mine to dig, and now there is no direction."

Wen Shang represents Yuan Wenqing's voice of many people.

Such a large-scale private capital, in addition to industrial investment, where will it go?

Zhou Dewen expressed his view that the financial sector and venture capital are important directions for capital pformation in Wenzhou.

In fact, many Wen merchants have begun to try small loan companies, rural cooperative pformation, fund projects and other capital operations. So far, Wenzhou capital has reached 150 billion yuan and 100 billion yuan in the field of Finance and venture capital respectively.

On the issue of how to guide private capital, the Wenzhou municipal government has also taken a lot of brains. This year, it explicitly put forward the principle of "no prohibition and immediate entry", and set up a private capital investment service center in Wenzhou to guide the convergence of private capital, and encourage and guarantee the smooth entry of private capital into infrastructure construction, financial services, social undertakings and other fields.

At the same time, the government will also build an effective platform to guide private capital to better support the development of SMEs, forming a virtuous circle of capital investment and industrial development, and a win-win combination of traditional industrial upgrading and private capital pformation.

2010 chamber of Commerce April held in Shanghai

Yesterday, the Organizing Committee of the 2010 chamber of Commerce held a press conference to announce that the 2010 chamber of Commerce General Assembly will be held in Shanghai in mid April.

The conference was jointly sponsored by the APEC SME Service Alliance China Committee, the China small and medium enterprises International Cooperation Association, the world economic and Trade Joint Promotion Association, the chamber of Commerce and the Wenzhou SME Development Promotion Association.

The conference will take "China's next ten years: new industries and new opportunities" as its theme, and think about how Chinese enterprises seize opportunities and develop in the post crisis era, explore how to positively adjust the industrial structure in various industries, look forward to the development trend of the Chinese industry in the next ten years, and highlight three highlights, namely, the interpretation of the new and old industry values by the chamber of Commerce, the exchange of wealth between the regional chambers of Commerce, the theoretical research of first-class economists and the practical experience of first class businessmen.

The conference invited dozens of famous industry research experts to be the speakers at the conference. They will talk about the new industries and opportunities of China in the next ten years at the two day chamber of Commerce Conference.

According to CEO He Zhenming of the chamber of Commerce, there will be more than 310358 forums during the current session of the general assembly, which will explore new opportunities for China's future industry and industrial opportunities from traditional industries pformation, opportunities for creative industries, future challenges of new economy (venture capital fund), venture capital docking, real estate property, artwork investment and chamber of Commerce docking negotiations.

In addition, special business associations will be opened to showcase talks. Fumigation will provide participants and many trade associations and regional chambers of commerce with opportunities for on-site exchanges and docking.