Zhejiang's Boss Runs Faster Than 200&Nbsp This Year, And 2.5 Companies Are Dead In 9 Months.

For some Zhejiang For entrepreneurs, they want to break through the traditional industries that have reached the bottleneck stage, and then transform into new industries, but they also have to face the tight financial resources and external environment. Economics Environmental change and other risks

　 This is really a tough and uneasy winter.

One day in December, it was the rush hour of the rush hour. The staff of Wenzhou's Xintai group, Hu Fulin, the king of glasses, came out of the factory in threes and threes. The restructuring plan of Xintai group has not been officially announced until now, except that the suspense has not been untied, everything has returned to normal here.

Xintai group is the leading actor in Zhejiang Province's "runway tide" this year. In a land famous for "puppy economy", a crisis is coming from Zhejiang. Behind this crisis, the transformation of China's coastal developed areas is taking place, and the position of China's economy in the global value chain has also undergone subtle changes.

　 2.5 enterprises die out

In December 5th, Chen Yongxing, head of Zhejiang Xiangning automobile sales and Service Co., Ltd., located in Ningbo, Zhejiang, disappeared. No one can remember that this is exactly the first time in Zhejiang's "runway".

This year, Zhejiang enterprises' "running tide" continues to ferment and upgrade. By the end of 10, 228 business owners had fled in Zhejiang.

Chen Yongxing is the founder of Zhejiang Xiangning automobile sales and Service Co., Ltd. Founded in 2003, it is one of the earliest automobile companies in Beilun, Ningbo. From the 5 small facade to the two largest dealer in the largest car in Beilun, Ningbo, Xiangning has been well known in the industry for many years, and most of Beilun's cars are bought there.

In December 7th, the Beilun Xin Jie Street informed all 4S shops, suppliers and the pre paid car buyers that they could register to the police within a specified time limit.

Prior to this, Zhejiang Ningbo seven Xin Qi Technology Co., Ltd. responsible person Liu Xinhao "run" attempted, the enterprise was exposed to the debt amount of more than 2 billion yuan.

Since April 2011, Jiangnan leather Chairman Huang crane has disappeared, and the owner of Zhejiang's private enterprises has been on the run. Hu Fulin, the "glasses king" of Zhejiang's Xintai Group Co., Ltd., a leading enterprise in the glasses industry, did not know what to do at the end of September. After that, many events occurred in Wenzhou, Ningbo and other places.

There are signs that most of these people have fled because of their inability to repay loans. Data from reporters showed that in the 1~9 months of this year, the number of enterprises killed in Zhejiang was 2.5, representing a slight increase of 5% over last year.

Many experts studying Zhejiang's economy say that this is a more severe financial crisis than in 2008. In 2008, the number of private enterprises written off in Zhejiang province was 2.2 000, an increase of 10.99% over the same period last year, the highest in the past six years. Comparing the two sets of data is not difficult to find that by September of this year, the number of enterprises in Zhejiang has gone beyond the number of enterprises disappearing in 2008.

"It is not difficult to find that these traditional industries will have a shuffle or a survival of the fittest when the macroeconomic environment is more complex." Chen Jianjun, executive director of the regional and urban development research center of Zhejiang University, said that compared with 2008, some traditional pillar industries, such as Shaoxing textile industry and Taizhou sewing equipment, are similar. industry Wenzhou shoe leather, lighter industry, Jiaxing leather industry, Ningbo garment industry and so on are all faced with problems such as difficulties in production and operation, enlargement of deficit area, decline in profitability and deterioration of their living conditions.

Capital crisis

Most of these runaway owners, like Hu Fulin, are unable to repay the loan, or rather to be unable to pay their debts. Despite the company's position, Hu Fulin insisted that before leaving, "capital is enough to offset debts." But prior to this, a senior executive of Xintai group told reporters: "too much stall is an important reason for the problems of enterprise funds. Finally, the cash flow is broken, and the enterprises will not be able to continue."

　 Xintai group has a lot of money from private usury.

Chen Yongxing's failure was also dragged down by usury.

This reporter has a report from the Zhejiang Provincial Commission of letters, which shows that by the end of 2010, there were only about 10 companies in Zhejiang's 110 000 legal entity enterprises, and more than 90% of the enterprises, especially small businesses, were excluded from the bank credit threshold.

Small and micro enterprises are eager for money. Zhejiang Finance Office statistics, as of the end of September, Zhejiang province has opened 170 small loan companies total loans 123 billion 890 million yuan, an increase of 48 billion 10 million yuan, an increase of 63.3%.

Earlier, a report of Zhejiang SME Bureau said that compared with last year, the interest level of private financing has increased substantially. The interest rate of private lending in most areas is 25%~30% at the annual rate, that is to say, the monthly interest rate is between 2 and 3 points.

In fact, when our reporter went to Wenzhou and Ningbo many times, we found that the cost of private lending is very high. Taking short-term lending as an example, most of the monthly interest rates are between 3 and 5 points. Even if long-term loans are made, the monthly interest rate is basically maintained at around 3 points. Such financing costs are also difficult for small and micro enterprises to bear.

The data provided by the Wenzhou municipal government show that since the beginning of this year, the comprehensive interest rate of local private lending has continued to rise. In July, the interest rate of financing intermediaries reached 39%, which means that the monthly interest rate of private lending was between 3 and 4.

"If the interest rate exceeds this level, the profits left by the manufacturing industry in the cracks will disappear, and it will be difficult for enterprises to maintain normal operation. If they exceed this level, the manufacturing industry will have no way to play." Fang Fang Lin, director of China's first private bank owner and Wenzhou Fangxing Company limited by guarantee, told our correspondent. {page_break}

　 Troubles in transition

Is the Zhejiang economy finished? Data show that the number of newly registered enterprises in Zhejiang is still far greater than that of enterprises. In the 1~9 months of this year, the number of newly added enterprises in Zhejiang increased by 10.5, an increase of 10.35% over the same period last year.

So what's the problem with Zhejiang's economy? Chen Yongxing and Hu Fulin are more similar to the traditional industries, and invest in the photovoltaic industry.

Chen Yongxing's Ningbo Xiangning holding group has many subsidiaries, such as Zhejiang Huaya Photovoltaic Technology Co., Ltd., Ningbo Haisheng import and Export Trading Co., Ltd., Ningbo Hafu electrical production Co., Ltd., Ningbo Tai Wang Food Co., Ltd., etc., involving second-hand car, energy saving industry, grape wine industry, international trade and other fields.

Similarly, Hu Fulin, the "king of glasses", is a watershed in the road of transformation before leaving. Since 2008, Hu Fulin has also entered the energy industry.

Data show that in September last year, the number of photovoltaic enterprises in Zhejiang was 78, and in March this year, the data became 176.

Zhejiang's current economic problems are more often referred to as "troubles in transition". Earlier, the Zhejiang SME Bureau published its Research Report on the new situation and new problems of SMEs in our website, saying that the current development of SMEs is "generally good, and is indeed facing many problems". These problems are more of a "trouble in transition".

The report revealed that some small and medium-sized enterprises located in the industrial chain and low value chain are facing difficulties.

Shi Jinchuan, director of the private economy research center of Zhejiang University, said: "in this wave of" running tide ", most of them are problems in expansion, which lead to the shortage of enterprises and enterprises.

When the external economy is too complicated, many entrepreneurs' confidence index has dropped. Statistics released by the Zhejiang investigation team of the National Bureau of statistics and the Zhejiang Statistical Bureau in October 8th showed that in the three quarter, the Zhejiang business climate index and the entrepreneur confidence index both fell, and the corporate finance boom index declined continuously since the three quarter of last year.

By the end of 2010, the total number of small and medium-sized enterprises in Zhejiang has reached more than 310. At present, the total number of enterprises in the province is 99%, 96% of the total industrial output, 85% of industrial tax, 82% of foreign trade, and 95% of the employees of industrial enterprises come from small and medium-sized enterprises. These enterprises, more or less, are facing "troubles in transition" and more deadlock.

Some enterprises are waiting to see that more enterprises seem to be stagnant. Hu Fulin, who returned from the end of September to take over the reorganization of Xintai group, has not announced its restructuring plan to the outside world so far.

According to sources, Zhejiang's enterprises are likely to abandon the photovoltaic industry jointly invested by Hu Fulin with the fact that they are involved in a wide range of issues. This may be a major reason for the constant restructuring of the PV industry.

　 "Going out" crosses difficulties

Compared with those enterprises facing transformation crisis, some enterprises in Zhejiang are trying to overcome difficulties through "going out".

Data show that about 1500000 Zhejiang businessmen are moving out of the country. At present, more than 4900 overseas enterprises and institutions have been approved in Zhejiang, with a total investment of US $11 billion 220 million and China's investment amount of US $9 billion 900 million, covering 138 countries and regions. According to incomplete statistics, at present, there are about 6 million of Zhejiang's business enterprises outside the province, and the investment scale of Zhejiang merchants in the whole country exceeds 3 trillion yuan, of which Zhejiang's output fund is about 1 trillion and 300 billion yuan.

There are also some optimistic figures: in the first three quarters of 2011, Zhejiang achieved a total import and export value of US $230 billion 800 million, an increase of 23.8% over the same period last year, and imports and exports increased by 3.3 percentage points, 5.3 percentage points and 3.1 percentage points higher than Guangdong, Jiangsu and Shanghai respectively.

Zhejiang's economy is not a problem, but Zhejiang's "puppy economy" in transition.

"Going out" can be regarded as a better way. Like transformation, it is also necessary to experience all kinds of pains. Behind all successful investments is the huge cost paid by enterprises. Shi Jinchuan said that the Chinese economy represented by the Zhejiang economy is experiencing "labor pains".

"The original" blocky "economy is in transition, and its position on the global value chain is moving forward. This forward movement may be subtle and unnoticeable, but the forward shift did happen. " Shi Jinchuan analysis said that in this process, large and super large enterprises are constantly emerging.

In the international trade city of Chou Chou Road, Yiwu, Zhejiang, there are crowded streams of people everywhere. The products produced in Yiwu account for half of the world's Christmas products. The local products involve nearly 15 thousand varieties including Santa Claus, Christmas toys, Christmas trees, Christmas clothes and so on. Carnival buying atmosphere enveloped the International Trade City, Christmas shopping season has arrived. Here, we can not see the economic crisis in Zhejiang at all.

Only in the third quarter of the Zhejiang economic growth figures, we can see a hint. Zhejiang's economic growth in the first three quarters was 9.5%, lower than 9.9% in the first half of the year. From the national perspective, Beijing, Shanghai and Zhejiang grew three in the three place.

Many economists say that growth always needs to pay a price. At present, it is urgent to control the cost within acceptable degrees. For example, do not cause employment problems, this is the root.