The Truth Of The Pain Of Wenzhou Shoes And Clothing Boss: Who Made Wenzhou Patients?

In October 13th, there was a drizzle in Wenzhou. "The boss ran the road" was haze like a mist in the streets and alleys.

Which bosses may "escape" and how to stabilize these enterprises and help them tide over difficulties?

Now it has become

In the afternoon, in Wenzhou Longwan industrial area, the owner of the bag company Guo Ming (alias), has been watching.

Hu Fulin's run and return stimulated many Wenzhou businessmen like Guo Ming.

Continue to run at a loss?

This is the eighteenth year for Guo Ming to be a boss. 40 years old, he looks older than his real age.

Recently, he felt an unprecedented pressure. Facing reporters, Guo Ming lit a cigarette and could not say a word for a long time.

Guo Ming's factory is located in the industrial area of Longwan, with its own factory building and its staff of 130 people. Its bags are exported to European countries.

"2004 to 2005 is the most profitable time, but now the business environment is getting worse."

Guo Ming said that in 2008, he suffered a financial crisis, because the company's main business was to do foreign trade and suffered some setbacks, but "it is only a bad sale, and gross margin is about 5%".

"The business environment is worse than 2008."

Guo Ming said that the labor cost of the company rose from about 1800 yuan per person per person to 2500 yuan per person per month, and the cost of materials and the cost of electricity have been greatly increased, which reduced the gross interest rate to less than 3%.

"Now, we have tens of millions of sales per year, but the profit has dropped from several million to millions, and then reduced to several hundred thousand. Until now, it is basically a loss making operation."

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Such a business situation has long left Guo Ming's heart and soul to shake the company's main business.

And many of the owners who started with him have already entered the high profit industry such as real estate and new energy, and more friends have entered the fields of guarantee, usury and so on.

"There were friends who asked me to share money in the company and lend money to Guarantee Corporation."

Guo Ming said frankly that it was a great temptation to him at that time. After all, "many friends really made money for usury", but in the end, he gave up when considering the excessive risk.

But sticking to his main business has made him more and more disappointed.

"Although orders have been put to the end of the year, enterprises are losing money", and "so many workers have to eat, and enterprises that have been working for so many years can not turn them off because of temporary difficulties."

Although Guo Ming said that if a factory turns around, someone will take over, but "what shall I do after the company is sold out?"

Guo Ming said frankly that he once thought he was "too conservative at times, which led to sticking to this low profit labor-intensive industry".

"It is hard to develop our industry, blind expansion and bankruptcy."

Guo Ming still hesitated between advance and retreat.

Hu Fuling tragedy

Guo Ming's troubles, Hu Fulin, chairman of Xintai group, may have suffered.

Ms. Hu Fulin, an eyeglasses dealer who intersect with Mr. Hu Fulin for 20 years, told our reporter that the failure of the company lies in "blind expansion".

Hu Fulin, who started working in his father's shop at the age of 16, has completed the layout of the whole industry chain in all aspects of research and development, production and chain sales of glasses.

However, the very low gross margin of the eyeglasses industry prompted Hu Fulin to diversify.

After entering the military and real estate industry, in 2008, Xintai group entered the new photovoltaic energy industry in large scale, and successively invested in many photovoltaic enterprises such as Zhejiang silicon New Energy Company and Wenzhou silicon technology company, and invested hundreds of millions of yuan.

"The Hu Fulin line has been stretched too long and the pace of diversified expansion is too fast, which is the root cause of its plight."

Ms. Chen said that when Xintai met with the credit crunch, "many projects invested half of them, and Hu Fulin had to borrow usury".

An insider told this reporter that at that time, the bank pulled out of the funds reached 60 million, and eventually led to the collapse of Xintai gold chain, "this is the last straw to crush Hu Fulin".

Now, Hu Fulin of the running road has returned, and the two circles of Wenzhou politics and business are also actively promoting the reorganization of Xintai.

However, more "runner" may not be as lucky as Hu Fulin.

Wang Hexia, general manager of the giant shoe industry, was an example.

When she disappeared in July 27th, she never showed up again.

According to the Longwan footwear industry association, the reason for Wang Hexia to leave is that he has "set foot in an illegal Guarantee Corporation". Because of Guarantee Corporation's boss's escape, Wang was forced to disappear.

According to a local shoe business owner, Wang Hexia is involved in Guarantee Corporation, in fact, a few people gather money to raise "usury".

The general practice is to make some money out of it, then raise the interest from one to half to two points from the private sector, and then lend it to others with a high interest rate of three or four points or even higher, and make profits from it.

Allegedly, Wang Hexia's missing, involving