The Capital Chain Of Labor Intensive Enterprises Such As Shoemaking In Wenzhou Is Still In Danger.

The "runaway incident", which has been raged, has been quietly quiet. The Wenzhou boss, who was once defined as "escaping", has also returned home partly. The enterprises that have stopped production can continue to produce, and everything seems to be over.

However, funding problems still beset Wenzhou enterprises.

A comparison boss

Due to the coincidence of time, in early October, the boss of the two enterprises was compared by the public. One was Apple's former CEO Steve Jobs who just passed away last month. The other was Hu Fulin, the Wenzhou boss who fled the United States and returned to China in October.

The reason why these two people are compared by the public is that they are the same as the boss, one brings the business to a broad road, and the other one stops the enterprise from waiting for work.

From September 22nd

Talking about the reason of "escape", another chairman Sun Fucai, OMI Fluid Technology Co., Ltd., chairman of the company, said that the main reason for "running away" is the capital chain rupture.

At the same time, tens of millions of dollars of bank loans will not be released for more than a month. At the other end, thousands of yuan of private loans can not be returned. Finally, interest is higher and higher, and more and more people are in debt, so that personal safety is threatened.

Later, equipment was also taken away by creditors.

In view of this, it is impossible to solve the series of "collapse tide" and "runway tide" problem only by stopping the factory shutdown. The capital chain is incomplete, the sources of funds are unstable and some industries are hollow.

Irrational lending is the main cause.

In connection with the problem of Wenzhou enterprises' capital chain breaking, the reporter called Zhou Dewen, President of Wenzhou SME Promotion Association. In his view, the breakage of Wenzhou enterprises' capital chain can basically be reduced to three types.

"A small part is due to the lack of market expansion, too fast expansion, and poor corporate risk management. Such a chain of business problems can be said to be inevitable."

At the same time, such as shoemaking, garment processing and other labor-intensive enterprises, due to low value-added products and low profit margins, business is vulnerable to external environment and is affected by the downturn of the economic environment.

"More businesses are speculative activities such as real estate and lending. More than 80% of road entrepreneurs are involved in private lending, which is mainly caused by the huge scale of private lending, and most of their funds are used for speculation and external lending, resulting in" capital hollowing out ".

Zhou Dewen said unreasonable lending has seriously threatened the safety of Wenzhou's enterprises and even Wenzhou's economy.

Healthy economy needs official production and people's efforts

If the "Wenzhou storm" started in April is a simple regional phenomenon, then this regional phenomenon may be an optimistic preview of the whole Chinese economy.

No one hopes that a series of problems in Wenzhou will continue to be staged in all parts of the country. To avoid similar incidents happening again, we must make joint efforts of the government and the people.

In October 12th, the Executive Council of the State Council formulated and formulated financial and fiscal policies and measures to support the development of small and micro enterprises. The financial sector introduced six financial measures, including strengthening credit support, broadening financing channels, improving financial supervision and regulating private lending, so as to improve the financing difficulties faced by small and micro enterprises.

The Wenzhou private lending market report released by the Wenzhou branch of the central bank in July showed that private lending in Wenzhou was extremely active. 89% of households, individuals and 59.67% of the enterprises surveyed were involved in the scale, up to 110 billion yuan.

In the two quarter of this year, 24.5% of the depositors who chose private loans took the lead for the first time to surpass "real estate investment".

Documents from the statistical department of Wenzhou also confirm that the scale of private lending is about 1/6 of private capital, which is equivalent to 1/5 of Wenzhou's bank loans.

The main source of funds is idle funds of private enterprises and ordinary families.

Zhou Dewen believes that private lending is not terrible in itself. The terrible thing is to let private capital enter unhealthy areas.

"Since private lending has become a habit of Wenzhou people, we should let this fresh blood stay away from money speculation and property speculation and flow into a healthy economy."