Xintai Leather Shoes Market And Cooperation With Outside Wenzhou Chamber Of Commerce To Create International Trading Center

"Confidence is enough, the development of enterprises is clear."

Yesterday, Hu Fulin, chairman of Wenzhou Xintai group, who fled the US due to financial turmoil, said in an interview with reporters.

Last September 20th, as the head of Wenzhou Xintai group, the largest eyeglass enterprise, Hu Fulin

Strand breaks and run for 20 days have aroused concern from all sectors of society.

In October 10th, Hu Fulin returned to business and began to restructure his business.

Xintai

These days, Hu Fulin is in a good mood and is busy for the first phase of Wenzhou Xintai leather shoes market.

On the eve of national day, the "Wenzhou Xintai leather shoes market" construction project signed a cooperation agreement with the Shijiazhuang Wenzhou chamber of Commerce, Dubai Wenzhou chamber of Commerce, Beijing Wenzhou chamber of Commerce, Yiwu Wenzhou chamber of Commerce jointly formed the Wenwen joint investment center and the Wenzhou leather shoes Association, with a total investment of 3 billion yuan, and jointly built the "China synthetic leather International Trade Center". The first phase will inject 500 million yuan of operating capital into the Xintai leather shoe market.

Hu Fulin told reporters that last year the group had debts of about 1 billion 500 million yuan.

During this year, the government, industry associations and banks have all given strong support to enable enterprises to embark on a healthy and healthy development at an early date. The Ouhai district government has also set up a helping group to enter the business.

Last October 20th, the group's glasses enterprises first resumed production.

As the main creditor bank of Xintai group, the Zhejiang branch of Bank of China (601988, stock bar), on the basis of early capital and no pressure on loans, has raised 50 million yuan to its new working capital loan, which is used to solve the fund needed for the company to resume production and operation.

In accordance with the procedures of judicial reorganization, the Ouhai district and district government appointed the China source accounting firm and Guang Zhengda law firm as the third party regulatory agency of Xintai group for the first time to supervise the reorganization of trust and Thailand. After entering into Supervision in November last year, the group's debt rights were registered and the creditors Committee was established.

Restructuring three quality industrial sectors

Under the help of many parties, Xintai group has stripped some of the bad assets and formed three pieces of high-quality industrial plates. At the same time, it has been reorganized with the support of the third party independent agencies' legal procedures.

First, restructure the glasses industry.

With the cooperation of the "dolphin" brand of Xintai group and the leading enterprises of the industry, we will set up a brand development company to build the leading brand of the Asian eyeglasses industry. At the same time, we will set up an eyeglasses manufacturing company to enhance the spectacle production technology.

At present, the production and sales of glasses has basically resumed a good development trend before shutting down. In the recent Beijing glasses exhibition sponsored by China Light Industry Federation, Xintai's new 200 sunglasses were favored by merchants. Meanwhile, "dolphin" brand also won the "most influential nation".

"Award" and "ten years of fashion glasses brand award."

The two is to restructure the solar energy industry.

Some of the sun's bad assets were stripped, led by the leading enterprises in the solar energy industry, and 6 companies were combined to form optoelectronics group in the form of land assets, equipment, technology and brand.

At present, a cooperation agreement on solar power stations has been reached with relevant enterprises in Jiuquan, Gansu.

Three is to prepare for the establishment of Wenzhou Xintai leather shoes market.

Relying on the existing group of 120 acres of land, the preparation of the establishment of the "Wenzhou Xintai leather shoes market" and in May this year, has obtained the industrial and commercial registration certificate.

Regulators: Xintai has gradually stepped out of its predicament.

Speaking of the preparation of the Wenzhou Xintai leather shoes market, Hu Fulin showed a confident smile.

He said that preparations for this matter were first supported by the government, and a green light was put on the way for the factory buildings to "retreat from the two into three". The departments of planning, fire, housing, land and other departments were specially designed to put the approval together in parallel, shorten the time, and promote the reorganization and reorganization of Xintai group as soon as possible.

At the same time, banks and creditors are strongly supported.

It is reported that the total investment of the shoe material market is 1 billion 300 million yuan, covering an area of 120 mu, and the construction area of shops and business office buildings is 135 thousand square meters. There are 1600 shops, 1200 business offices, 300 creative design studios (apartments), and shops will be sold for 20~40 years, and then they will be used by shoe manufacturers.

After preliminary registration, more than 1600 businesses have indicated their intention to enter, of which more than 300 have already paid a deposit.

In May of this year, Xintai began rebuilding 120 acres of Industrial Park, and has now completed more than half of its reconstruction works.

Foreign investment will be formally launched later this month, and will be officially opened in March next year.

Liu Xuhai, chairman of the third party regulatory body, Wenzhou Zhong Yuan accounting firm, said yesterday in an interview with reporters that after nearly a year of supervision over the whole enterprise, he believed that

At present, the group has gradually stepped out of the predicament. From the case of financial crisis in Wenzhou over the past few years, Xintai group is one of the most promising enterprises to get rid of debt.