How To Deal With Credit Pactions In Jinjiang Shoes?

Chen Dai is a famous shoe city in China. You can find the newest and most complete shoe material here, with a daily throughput of more than one million.

In recent years, with the overall depression of the market economy,

The days of shoe-making enterprises are becoming more and more difficult.

It is the experience of Jinjiang shoe material industry for some time before it rains.

In November 6th, more than 30 enterprises in Jinjiang gathered in Jinjiang, a well-known shoe material company in chedai shoes city, to discuss the Countermeasures of Quanzhou Hong Shun Shoe Co., Ltd., which refused to pay suppliers' debts on the grounds of bankruptcy.

Credit pactions in Jinjiang become a means of committing crimes.

"Although the pool of water is deep, there is no tree without roots, and the land is not allowed to be unreliable!" this is the indignation of a supplier of the Hong Shun shoe manufacturer.

According to the boss, the Hong Shun shoe industry has worked with him for nearly a year, and has always used the credit paction method of giving goods first and then paying. The only paction proves that there are only IOUS and books.

Li Jianxin, chief executive of Hong Shun industry

However, according to the site supplier, Hong Shun

There is no direct legal signature or official seal with all suppliers' IOUs.

Even some time ago, the Hong Shun shoe industry also borrowed some important trading information such as IOUs, books and other important suppliers on the basis of the repayment of loans, then turned a blind eye to people and refused to admit that they were in arrears.

The supplier immediately reported to the court and asked him to repay the debt, but it was too late.

The court refused to summon the owner of Hong Shun, with both sides being the long-term trading object, and did not have clear information to prove that their debts were not yet.

The court claimed that if the facts were really made according to the suppliers, they could report to the Public Security Bureau for fraud.

However, the Public Security Bureau said that due to the lack of important information such as ious or account books, or the signature and seal of the head of the company, it could not be filed.

It is understood that at present, the pontoon county government has not responded to this matter for the time being, and indicates that the suppliers can go to the next higher level government to reflect.

In the afternoon of November 6th, more than 30 suppliers of the Hong Shun shoe industry gathered again to seek a reply from Hong Shun.

Credit pactions cause trouble? How can honesty be self?

The source of this incident is the way in which Jinjiang businessmen are very familiar with credit pactions.

Credit paction is the most traditional and popular way of trading in Jinjiang business circle. It is the fundamental embodiment of Jinjiang's integrity trading and the helpless choice of the shoe industry's fast economy.

People in the industry say, "we also know that this is not insurance, but we can not ask us to sign a contract once every paction, and pay in cash."

Some time ago, the footwear industry in Wenzhou began to implement cash pactions, marking the deepening of the winter in the footwear industry, marking the confidence crisis in Wenzhou business circle.

And all the source is a shoe industry with nothing to do with the footwear industry boss running.

This time, more than 30 shoe material suppliers of Chen Dai shoes have been denied payment, which makes people wonder whether it will become a replica of Wenzhou.

People have no faith and no industry, and this incident directly reflects the integrity crisis faced by the shoe industry in Quanzhou.

We have reason to believe that, in the context of the current market downturn, if the situation is allowed to go ahead, it will definitely further affect the market order.

However, whether cash pactions can be implemented in Jinjiang and whether credit pactions are no longer timely? Many shoe bosses do not think so.

It is reported that most of the shoe companies in Jinjiang are using credit pactions. If cash pactions are carried out immediately, it is likely that the capital chain of finished shoe enterprises will be broken.

A shoe supplier said, "if we cash in cash, we are happy.

However, this may result in the closure of 80%-90% enterprises in Quanzhou.

If there is only a part of it, it will fail to achieve the effect, and even let this part of enterprises fail to get the list.

Now, the good faith paction has reached the fork in the road that we have to face, and we believe that this event is just a fuse.