China'S Most Upmarket New Shoe Leather Market Will Be Located In Wenzhou.

In May 2nd, Hu Fulin, who had been away for 20 days last year due to the fragmentation of the capital chain, received the letter from Wenzhou Ouhai branch of the commerce and Industry Bureau. Leather shoe Market (Chou Jian) registration certificate.

Hu Fulin is the head of Wenzhou Xintai group, the biggest eyeglasses enterprise in Wenzhou. Hu Fulin told reporters that Xintai Leather shoe material The market has been approved for several months, and a few days ago, the official certification is now busy every day at the construction site.

Last August and September, a debt crisis broke out in Wenzhou. Many enterprises went bankrupt in the crisis. The boss of the enterprise went off the road and aroused strong repercussions in the society. At that time, Xintai was unable to bear heavy debts of banks and private lending, and eventually broke the capital chain. Hu Fulin was forced to "run" abroad.

Encouraged by a series of policy initiatives by the government and local governments to promote financial reform, Hu Fulin returned to Wenzhou in October 10th last year to restructure the enterprises.

It is reported that the restructuring of Xintai group is divided into three levels, in addition to the transformation of Xintai Industrial Park into leather. Shoe Market In addition, the solar energy company under Xintai group was annexed by a listed company, which retained production and management, and marketing and technology were handed over to the listed company. Dolphin glasses were introduced into strategic investors, holding 60% by Xintai group.

Hu Fulin told reporters: "after reorganization and reorganization, I saw the hope of the company's freshmen, and I will settle down to do business in the future." After the approval of the Wenzhou financial comprehensive reform pilot area, Hu Fulin said that the company's confidence has been enhanced.

According to Hu Fulin, Xintai will create the most high-end leather shoes Market in China. The transformation will be divided into two phases. The first phase of the project will start in May 20th, and start business in June. It is expected to open before October, with about 1600 berths. The two phase will introduce shoe design, leather shoes research and development center and e-commerce network marketing center.