31 Domestic Textile Enterprises Have Been Awarded Credit Rating Rating AAA Credit Enterprises.

Recently, the results of the credit rating evaluation of the first batch of enterprises in the textile and garment industry were released in Beijing. 31 textile and garment enterprises such as Shandong Hao Long Group Co., Ltd. were granted credit ratings by the China Textile Industry Association (AAA).

President of China Textile Industry Association

He pointed out that the current understanding of credit rating for industry enterprises needs to be strengthened.

"Enterprise credit rating is dynamic, and some enterprises are worried, afraid of failing to evaluate AAA level or failing to get a better rating.

Some enterprises have strong ability to develop, they have debts in the short term, but they have great repayment potential. Such an enterprise is not a AAA level for the time being. It does not mean that its credit is not good. "

Du Yuzhou said that the evaluation of enterprise credit rating is the concrete embodiment of the association's service industry and the performance of the industry's self-discipline function.

In the future, the association will take it as a routine work for a long time and continue to explore and improve its credit evaluation.

According to Ye Zhimin, director of the credit office of China Textile Industry Association, since the launching of the credit rating evaluation of textile and garment enterprises in March 15th, hundreds of enterprises have consulted various forms through consultation. Finally, more than 50 enterprises have formally submitted their intention to comment.

As of the end of April, the association actually accepted 36 applications, involving

"The evaluation result is based on the evaluation index score and expert evaluation opinion, which is an acknowledgement of the ability of the participating enterprises to fulfill their economic commitments in the past 3 years and the compliance behavior."

Ye Zhimin said that the evaluation results were effective for 3 years.

During this period, the China Textile Association will annually evaluate the credit status of the enterprises that have been appraised. The website of China Textile credit network and professional associations will also publicized the evaluation results all the year round, so as to promote enterprises to attach importance to credit construction for a long time and constantly improve the level of credit management.

The first batch of AAA rated credit enterprises have the following common characteristics: they generally attach importance to the construction of internal credit, attach importance to the cultivation and promotion of enterprise management ability, attach importance to corporate social responsibility construction and enterprise culture construction, attach importance to product technology development and innovation input, attach importance to product quality, pay attention to management marketing and product services of independent brands, and have strong concept of strategic innovation and development.

Through the quantitative financial indicators of enterprises, we can see that these enterprises have strong solvency, good profitability, capital operation ability and stable development potential.

It is understood that since the Ministry of Commerce and the SASAC organized various trade associations and intermediary organizations to carry out credit evaluation work for 4 years, the country has identified more than 3000 enterprises above grade A, covering most industries in the economic field.

Wen Zai Xing, deputy director of the Department of market order of the Ministry of Commerce, pointed out that, as an important means for the trade associations and intermediary organizations to serve the member enterprises, the key points of the current credit rating evaluation of enterprises are: actively promoting the continuous improvement of the enterprise credit evaluation system, making it more credible and scientific; two, encouraging enterprises to establish a correct view of credit, take the initiative in participating in credit construction and continuously improving the level of credit management; and three, actively explore ways to strengthen follow-up services for trustworthy enterprises in various ways and improve the credit threshold of industries.