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    Shihezi'S Three State-Owned Textile Enterprises Restructured And Reorganized Comprehensively To Make Up Deficits.

    2010/9/1 15:45:00 47

    Textile Economy

    It has undergone a series of equity changes, employee status changes and so on. reform After that, 3 original state-owned companies in Shihezi Spin Enterprises - Galaxy Textile Co., Ltd., Hongyang textile company and Tianhong New Cotton Industry Co., Ltd. were purchased and reorganized at the end of last year by 3 private enterprises, including Hangzhou Zhongsheng Industrial Co., Ltd., Xi'an Tang Cheng Cotton Industry Co., Ltd. and Zhejiang Huafu Textile Co., Ltd. After restructuring, the 3 enterprises turned round deficits in the first half of this year to achieve an industrial output value of 229 million yuan and a profit of 6 million 80 thousand yuan.


    In the process of spanformation from planned economy to market economy, the state-owned textile enterprises in Shihezi have been restricted by system and mechanism, and their benefits have been declining in recent years.


    Among them, the galaxy textile company acquired a loss of 55 million 180 thousand yuan before being acquired by Zhongsheng company in August 31st last year. It lost 20 million 760 thousand yuan from January 2009 to August. The cumulative loss of Hongyang textile company before the restructuring was 20 million 150 thousand yuan; Tianhong Xin cotton lost 45 million 450 thousand yuan. In June last year, the Shihezi municipal Party committee of the eight agricultural division decided that the state-owned enterprises should withdraw from the general production competition and encourage private enterprises to enter.


    Under the specific operation of Shihezi state owned Assets Management (Group) Co., Ltd., in the latter half of last year, 3 leading enterprises in China, including Zhongsheng industry, Tangcheng cotton industry and Huafu textile, participated in the restructuring and reorganization of 3 enterprises, including Galaxy textile, Tianhong new cotton and Hongyang textile, and successfully completed the restructuring and reorganization before the end of last year.


    After the acquisition of Hongyang textile, Tang Cheng cotton company will play a flexible role in the fund management of private enterprises. market With the advantages of strong adaptability, the introduction of advanced equipment, the adjustment of product mix and the production of marketable products, from January to June this year, the industrial output value reached 32 million 460 thousand yuan, and realized a profit of 150 thousand yuan. After the acquisition of Tianhong new cotton, Huafu invested about 23 million yuan. In April 20th this year, it successfully converted the original 51 thousand and 200 white yarn production line into a colored spinning production line, and produced two categories of 20 Huafu brand colored yarn products. The quality was recognized by customers at home and abroad, and the production and sales were flourishing. In the first half of the year, the total production of cotton yarn was 5521 tons, and the sales rate reached 99%. The company realized a profit of 1 million 340 thousand yuan from January to June. After the takeover of Galaxy textile, Zhongsheng industrial company increased production significantly, and realized industrial output value of 98 million 910 thousand yuan in the first half of this year and realized a profit of 4 million 590 thousand yuan.


    The successful reform of the 3 former state-owned textile enterprises marks the deepening of the reform of the eight teachers in agriculture and the state-owned enterprises in Shihezi, and the pace of the new industrialization is further accelerated.

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