Quanzhou Hong Shun Footwear Industry Declared "Closed Down"

In November 15th,

A group of workers are waiting anxiously at the gate of the Hong Shun Building in the Licheng Yanqiao industrial zone.

With the same group of workers waiting anxiously, there are 34 shoe materials suppliers in the upper reaches of the Hong Shun footwear industry.

Just a week ago, in November 7th, Quanzhou.

Li Jianxin, the real operator of the limited company, declared "bankruptcy".

When the news came out, many suppliers who had dealings with them were unable to get together. They gathered in one of the suppliers to discuss the matter of collecting money.

However, they dare not be too optimistic about the prospect of arrears, because they will lose their blood because they lack sufficient vouchers and effective contracts.

The failure of the Hong Shun shoe industry is a mismanagement or other reason. The industry has various conjectures.

The only thing to be sure is that the failure of the Hong Shun footwear industry is bound to cause the collective thinking of the shoe material industry in Jinjiang.

In the industry of Jinjiang, "word of mouth" is the greatest reliance on the survival of enterprises.

Valid debt credential "lost"

"Dumb eating Coptis chinensis and bitter words can not be said". Today, this sentence seems to be a true portrayal of all shoe suppliers who are in arrears with the footwear industry. As a result of "lost" sufficient vouchers and effective contracts, the past accounts of these suppliers and the Hong Shun shoe industry are likely to become "dead accounts".

Why can such an important evidence disappear? All of this is also mentioned before the National Day holiday.

More than 2 p.m. on September 27th.

Xiaozhuang, a subsidiary of the enterprise, finished a phone call, and finally disappeared in the two months of her heart.

Xiaozhuang told reporters that the phone was the finance of Hong Shun shoe industry and wanted to let Xiao Zhuang settle the bill in the past.

In fact, since July this year, Xiaozhuang has not received the payment of the Hong Shun footwear industry for two months.

"At the end of the day, you can get back more than 110 thousand yuan of payments, at least not all of them, but also part of them". I think they are very happy. She has sent out all the shipping documents for nearly a few months to Hong Shun shoe industry.

The same scene is staged on almost all suppliers of shoes and shoes.

When these suppliers happily carry their respective documents to Hong Shun, they find things are not as smooth as they imagined.

According to Xiaozhuang, the financial staff of the Hong Shun shoe industry told the suppliers to leave their respective delivery orders first, and then wait until the accounts were checked clearly before taking money again in September 29th.

After hearing the frank reply from the financial personnel, Xiaozhuang and others did not think much about it, and did not hesitate to leave their respective shipping orders in Hong Shun.

But things are not as simple as Xiao Zhuang's imagination. After two days, that is, in the morning of September 29th, Xiaozhuang received a courier and torn the express. She wanted to cry.

Overnight, the payment of more than $10 million became a waste paper.

Hong Shun shoe factory did not honor the original commitment to make money, but to give her a piece of IOUs, this piece of IOUS is not signed, no date, no official seal, not even the full name of the enterprise, the only person who only has two words.

That is to say, almost at the same time, some important suppliers' certificates of delivery and receipt were replaced by an invalid IOUs.

When they were deeply disturbed by the situation, they were calling the financial personnel of the Hong Shun shoe industry too late: the company was turned over to the court on the grounds of the bankruptcy official seal and refused to affix a seal to the supplier's IOUs.

"We have been dragged out of arrears, and now we have lost the only evidence of maintaining our legal debt in the end."

Xiaozhuang was very angry about this, but it also felt a sense of powerlessness.

Foreign trade companies have no money to make excuses.

According to the registered industrial and commercial bureau data, Quanzhou Hong Shun Shoes Co., Ltd. was established in March 18, 2008, with a registered capital of 3 million yuan. Its main business scope is footwear, shoes and clothing, which belong to the scale of small and medium-sized enterprises.

All along, the Hong Shun footwear industry is dominated by Japanese orders, and the cooperation with suppliers is relatively smooth.

Therefore, for this sudden storm, suppliers of the Hong Shun shoe industry are also a bit unprepared.

Starting in July this year, the Hong Shun shoe industry told suppliers that foreign trade companies could not deliver goods on time, and that the payment in arrears could only be made after shipment.

For the Hong Shun footwear industry, this supplier also expressed understanding.

"We really did not think so much. At that time, many foreign trade companies were unable to deliver on time, so they wanted to wait until the foreign trade company had finished shipping the goods and then came to pay him (Li Jianxin)."

With the business of Hong Shun shoes, Fu Le Mei leather chief said.

Until the reconciliation before the national day, he and the group of suppliers realized that they might have been fooled. They began to understand the situation of foreign trade companies such as Luyi and Eastet.

It is understood that in October 15th, Eastet has imported the last 35000 dollars into a private account designated by Li Jianxin.

At this point, the money of Eastman and Hong Shun has been cleared up.

As a matter of fact, from July to September this year, foreign trade companies such as Luyi and Eastet cooperated with each other in order to arrange money for Hong Shun in accordance with the normal schedule. But on the one hand, the Hong Shun shoe company refused to pay the shoe supplier's payment on the grounds that the foreign trade company failed to settle the bill. Why?

According to shoe suppliers, when they went to power Li Jianxin, Li Jianxin said he was not a company legal person, and the business went bankrupt, which should be settled by the court.

At this time, the supplier found that the legal person and shareholder status of Quanzhou Hong Shun Shoe Co., Ltd., which was registered by the industry and Commerce Bureau, has already changed.

Reporters in the Quanzhou Licheng District Industrial and commercial administration bureau of the private sector registration table found that in February 21, 2012, Quanzhou Hong Shun Footwear Co., Ltd. legal representative and shareholders have no name of Li Jianxin, the original Li Bing, Li Bingcan (Li Jianxin's father), Wu Zhenkeng, Zhong Yanquan four shareholders became Li Bingcan and Li Bingcan (brother), they invested 2 million 100 thousand yuan and 900 thousand yuan, and the legal representative has also changed to.

"Now I don't know who to look for in a lawsuit."

After knowing this change, suppliers are more helpless.

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Resort to law

Today, in a cluttered industrial area, as long as the property that can be seized is sealed, a court notice is more noticeable: the civil ruling of the Licheng District People's Court of Quanzhou, Fujian is posted on the wall, and the notice says that the court will execute the property of the company in October 19, 2012 to pay wages for Cai Qikun and other employees in 2012 9 and October.

Uncle Wu, who refused to be named, told reporters that he received the last salary in September 16th and has been waiting for it. After a few days (waiting for the court to execute the auction), he should have money.

He also revealed that after the national day, the shoe factories actually did not open, and they did not go to work.

During this period, some of them called Li Jianxin, and Li Jianxin said he would raise money in Guangzhou, and the shoe factory would still open. At present, it was only a reorganization, and promised them that they would come back to pay their salaries in October 16th. I didn't expect it to be two months.

Li Jianxin, head of shoe industry, Hong Shun

Just like workers, he waited for Li Jianxin to show his presence, Mr. Zhu. It is understood that since the opening of the factory in 2008, Quanzhou Hong Shun Shoes Co., Ltd. has signed a long-term rental agreement. Since last quarter (7, 8, September), he has not received the rent. At present, he can only pay the overdue water and electricity charges, and only one water and electricity fee in September will be over 20 thousand yuan.

Uncle security's arrears did not take long.

Reporters learned yesterday that the Licheng District Court has already auctioned off the property of the Hong Shun shoe industry for a public auction. After the auction, it received a total of 440 thousand yuan, which was used to pay 438 thousand yuan for the workers who were in arrears with the Hong Shun footwear industry.

However, the money owed to suppliers is still far from being expected.

At present, 34 shoe materials suppliers, including Jinjiang and Jiangxi, have joined the court to appeal, demanding that Hong Shun repay their debts, but because they are long-term trading objects and have no definite information to prove that their debts are not paid back, they can not summon the responsible person of Hong Shun.

The court suggested that if the facts were really based on the suppliers, they could report to the Public Security Bureau for fraud.

Because the important information such as ious or account books can not be provided, or there is no signature and official seal of the person responsible for Hong Shun, the public security bureau is unable to file a case.

During the interview, the reporter contacted Li Jianxin by telephone several times.

After the reporter showed his identity, Li Jianxin hung up the phone directly.

As of press release, Li Jianxin still did not respond to the matter.

Hong Shun goes bankrupt and uncovers trade rules

"Credit" has become an open secret to the footwear industry in Jinjiang.

Perhaps Hong Shun shoe industry in Quanzhou area many shoe enterprises, the scale is not too big.

However, the failure of the Hong Shun shoe industry has attracted the attention of many people in the industry.

The failure of the Hong Shun shoe industry has cast a shadow over the shoe material market in Jinjiang: this not only means that there has been a break point in the huge credit paction in Quanzhou, but also makes the footwear industry related employees in the area alert that the upstream and downstream business pactions of the shoe industry, which were originally carried out by oral agreement and trust and credit, are so thin that in the end, they even fail to protect their legitimate creditor interests. Such a trust crisis will inevitably lead to an increasingly tight supply of upstream suppliers or capital chains, which will directly affect the survival and development of finished shoes.

In the industry of Jinjiang, the "credit" business has always been adopted between shoe enterprises and shoe materials enterprises.

And this kind of "credit" business based on integrity is undoubtedly a major push for this incident.

A long-standing "credit" business

The Internet media, which first disclosed the event of Hong Shun, pointed the source of the incident to the paction mode of the industry itself - credit. It is the most traditional and popular way of trading in the footwear industry chain of Jinjiang. It is not only the fundamental embodiment of Jinjiang's integrity trading, but also the helpless choice of the footwear industry's rapid economic development.

Although the Hong Shun incident has deep feelings for shoe supplier, cash settlement is just a dream. If you want to pay cash in this circle, it will be impossible for you to do anything.

Zhuang Tingxia of Jinjiang star Yao (Zhong Bao) shoes material Co., Ltd. said that most of the materials they sell are mostly the same. Besides, now that business is so bad, they do not run by others, unless they are not alone, so they dare to ask for cash settlement.

In Jinjiang, there is another reason why cash pactions can not be carried out. In the upper and lower reaches of the shoemaking, most of them are complicated cousins.

Lin Shiping, general manager of Jinjiang Shunyi shoe material Co., Ltd., told reporters that the reason why he walked into the shoe material circle was dependent on relatives.

"Relatives give you a little business to make you earn money. Are you good enough to chase someone else behind you and ask others to sign a contract with you?" the same reason, if I can help others earn money in the future, do I have to be able to sign contracts with the people I have helped? Face is not going to go, and conscience can not get through! "

Or trigger a crisis of confidence.

In the event of the collapse of the Hong Shun footwear industry, the 34 most injured suppliers were the Hong Shun footwear industry who had to take out their invoices and related vouchers, which resulted in suppliers unable to protect their legitimate rights and interests through legal means because of lack of effective credentials.

Then, when the request for reconciliation was made before the failure of Hong Shun, why did they not leave any more of their mind to doubt this way of reconciliation?

In fact, according to the majority of shoemaking suppliers, such reconciliation is normal. Almost every month, they send their orders or bills to the finished shoe companies to check and settle accounts, etc., and after making clear the finished shoe enterprises, they are discharged or opened for acceptance.

"This is the general practice of shoe material industry in Jinjiang. After so many years, we have integrity."

Jinjiang Ming Hua Shoe Material Trading Co., Ltd., Ding Hongze, speaks of the phenomenon of industry. Almost all shoe suppliers and the finished shoe enterprises cooperate almost from an oral agreement. They engage in credit pactions and collect accounts on time. The cycle is about two or three months, and few of them can really take out formal contracts.

The more than 60 year old Hong Kong is the owner of a small factory, and has been doing business for more than 10 years in this industry.

He said he supplied shoe lines to the shoe factories, and there was a large quantity and variety of bundles. He really couldn't sell a bundle and signed a contract.

"To tell you the truth, the factory will not pay for me, but it is a trouble, not to mention that if the basic delivery list is gone."

Thinking of the Hong Shun incident, he had a lingering fear. However, the industry was trading in such a way. He had no way to meet such a partner who had no credibility. He could only admit his bad luck.

In Lin Shiping's view, the industry is doing business with word of mouth.

Before he does business with the new finished shoe enterprises, he will first inquire about the reputation of the new partners.

If the word of mouth is good and the payment is relatively stable, they will consider working with it.

Lin's reputation is undoubtedly honesty.

No doubt, in the shoe industry of Jinjiang, the upper and lower reaches depend on good faith.

Today, more than 30 shoe material suppliers suffer from the payment of arrears, which will undoubtedly cause a crisis of confidence in this circle.

No honesty and no integrity

For the Jinjiang industry with independent rules of the game, the emergence of the Hong Shun shoe industry has caused a crisis of confidence, but it is too difficult for them to change the inherent trading mode.

In the shoe material industry of Jinjiang, the business of "integrity" has been deeply rooted in the hearts of the people.

As a matter of fact, there are many enterprises that rely on "honesty" to get out of the financial crisis.

Lin Shiping told reporters that a shoe factory in West bin was almost bankrupt because of malicious default by customers.

After the incident, the owner of the shoe company gathered all the suppliers to convene a meeting to tell him honestly about his current difficulties. He may not be in arrears with suppliers in the short term. He is willing to take out the title deed of the plant to the supplier.

"At that time, suppliers did not mortgage their deeds, nor did they break the supply of materials for this shoe company.

The reason is very simple. We are willing to give him a good faith in the integrity of the boss.

Lin Shiping said.

Things are finally moving towards a joyful perspective.

With the support of suppliers, this shoe company finally came back to life.

And because of this incident, this shoe manufacturer has won a very good reputation in the shoe material industry in Jinjiang.

In fact, the view of "no integrity and no standing" has gone deep into the shoe material industry in Jinjiang.

"Honesty is the invisible wealth of enterprises. Losing honesty means the rising cost of capital.

Think about how much interest money the factory can save in two or three months.

Moreover, bank loans will be paid up when they mature, but even if they are in arrears, they will not be able to get any more because of the difficulty of turnover.

Lianxing issued the head of the Li Rongzhen said.

The collapse of the Hong Shun shoe industry has cast a shadow over the Jinjiang shoe materials industry, which believes in the "integrity" business. Although cash pactions are out of reach, more shoe materials suppliers appeal to the whole industry chain. The footwear industry in Jinjiang should further regulate trading activities on the basis of integrity trading, which not only protects their legitimate interests, but also promotes the entire footwear industry to move towards more standardized management.

"I hope that the listing of Anta, XTEP and other finished shoe enterprises and Taya shoes materials enterprises can help shoe materials enterprises standardize production pactions, and lay down every link in the shoe making industry chain in Jinjiang.

Ding Hongze said meaningfully.