Quota Of Imported Cotton Determines The Fate Of Textile Enterprises

"The largest in Xiajin county. Spin One of the enterprises, the constant textile of the German cotton group, has not been able to go on, and has been subleased to Zhejiang businessmen. Now there are more than 10 textile enterprises in Xiajin. 8, the head of a textile enterprise in Xiajin County revealed to the Economic Herald reporter.

10, the reporter confirmed the above news in an interview with Xiajin. Texas Heng Hua textile Li Zhen, chairman of the limited company (hereinafter referred to as "Heng Hua textile"), called the enterprise's predicament "policy deficit": "cotton (20305, -10.00, -0.05%) price is much different from that of foreign countries, imported cotton needs quotas, and the competitiveness of enterprises is seriously weakened."

Different from the general predicament encountered by textile enterprises in Xiajin County, those with large import quotas had a good time. Wei Qiao textile announced 2012 earnings report, the company achieved net profit of 482 million yuan last year, nearly doubled. The reason is that the proportion of imported cotton has increased.

The leaders of many textile enterprises in Xiajin were all angry at the distribution of cotton import quotas when they were interviewed by the reporters. "Now the import quota determines the fate of the enterprise. The bad operation of enterprises depends on your technology, management and cost control, but whether you can get the quotas. You are totally in an unfair competitive position. Meng Ling Jun, general manager of Fengrun Industrial Textile Co., complained so much.

　 "Policy losses"

As one of the largest textile enterprises in Xiajin, Heng Hua textile was once a local "star enterprise". The company, which has nearly 30 years of history, has more than 2500 employees at most. But now, it is no longer in sight, and is in the sensitive period when new people enter.

Heng Hua textile workers guide newspaper reporter reflects, due to the broken capital chain, the company started after the Spring Festival has been abnormal. Now, the company has been taken over by investors in Zhejiang, and the operation has resumed to about half. Next, the company may be renamed "century Heng Hua".

Heng Hua textile is currently controlled by the German cotton group. The reporter was consulted in the industry and Commerce Department. The registered capital of Heng Hua textile company was 80 million yuan, and the German cotton group ranked 90% in the largest shareholder. The German cotton group import and export company held the remaining 10% stake.

At present, Zhejiang investors are not directly controlling the company. Instead, they are registered with the establishment of a new company, Xiajin century Heng Hua Textile Co., Ltd. (hereinafter referred to as "century Heng Hua"), which runs the existing assets of Heng Hua textile in the form of leasing.

In an interview with reporters, Li Zhen said that as an old state-owned enterprise, Heng Hua textile has many unfavorable factors in its market competition, and its personnel burden and debt burden are all heavier. And the macro unfavorable factors of the industry make enterprises face "policy losses". "The price of foreign cotton per ton is five thousand or six thousand yuan lower than that of the domestic market. If the enterprises need quota for importing cotton, last year, only a few hundred tons of quota will be reached for Heng Hua textile, which is a drop in the bucket."

Then, will Zhejiang investors lease and operate Heng Hua textile? Will there be a change in the supply of cotton? Wang Linhua, director of the century Heng Hua executive director, admitted that the huge price difference inside and outside the cotton brings great pressure to the domestic textile enterprises. The new company has not yet got the quota of cotton imports, and the Future Ltd will increase the proportion of non cotton materials such as chemical fibers.

Import quotas to save Wei bridge

The management dilemma of Heng Hua textile is not a case in Xiajin, which is known as a famous textile city.

"The industry situation is very difficult, and 10 enterprises in Xiajin have stopped." Tian Shaoqing, chairman of Xiajin Tianrun Textile Co., Ltd. The reporter also confirmed from several sources that in addition to Heng Hua textile, a number of small and famous textile companies such as Cheng Ping textile, auspicious textile, trustworthy textile and Lihua textile have been discontinued, and some enterprises have even gone bankrupt and bankrupt in Xiajin.

The problems encountered by the industry are obvious. "The difference between cotton price inside and outside is five thousand or six thousand yuan per ton, enterprises are not competitive abroad, export is shrinking, imported cotton yarn is increasing greatly, domestic demand is not strong, and business operation is generally difficult."

So, in this industry background, why did Wei bridge realize net profit almost doubled and gross profit increased sharply?

　　 Wei Qiao textile Explains that the main reason for the increase in gross profit margin is that "the proportion of imported cotton used by the group is increased, and the price of imported cotton is lower than that of domestic cotton, thus reducing production costs and increasing profit margins."

Then, how much cotton quota did Wei bridge get?

Last year, Binzhou, where Wei Qiao textile was located, won 436 thousand and 800 tons of cotton import quota. So far this year, Binzhou has once again won the two batch of cotton import quotas of nearly 200 thousand tons. Among these cotton quotas, Wei Qiao accounted for most of the textile industry. Taking the first batch of 88 thousand and 600 tons quota in Binzhou as an example, Wei Qiao textile accounted for 63 thousand and 600 tons. According to this ratio, the cotton quota of Wei Qiao textile last year is expected to exceed 300 thousand tons.

Last year, the price difference of cotton at home and abroad exceeded 7000 yuan per ton, even if the price difference after shore tax was over 4000 yuan, the 300 thousand ton cotton quota would save 1 billion 200 million yuan for Wei Qiao textile. This is an astronomical figure, far exceeding the net profit of Wei Qiao textile last year of 482 million yuan.

　 Industry questioned quota transparency

The import quota of cotton has saved Wei Qiao textile, who will save small and medium-sized textile enterprises without quotas or quotas? "We talked about import quotas every time, but no effect. We attract jobs as much as we pay taxes, but we are like children not born. " Liu Guanghou, general manager of Xiajin Tianhong Textile Co., Ltd. complained.

Xia Zhilin, director of the Shandong Textile Industry Association, said that the NDRC has the right to distribute cotton quotas, and will announce the application conditions and allocation principles of cotton quotas annually. But in the allocation of cotton quotas, the industry has always questioned its transparency.

According to the documents issued by the national development and Reform Commission in 2012, eligible enterprises applying for cotton import quotas include state-owned trading enterprises, enterprises with imported actual achievements in 2011 and cotton spinning enterprises with more than 50 thousand spindles of spinning equipment.

This entry threshold is not very high, but its distribution principle is very vague. The NDRC "will be allocated according to the number of applicants, historical import performance, production capacity and other relevant business standards". "In the process of implementation, no one knows how to allocate, and the human factor is very strong." Liu Guanghou said.

Under such a distribution principle, the director of the Xiajin textile enterprise interviewed by the reporter told the "power rent seeking space" in the process of quotas distribution, and the duet of various dredging relations circulated among the heads of these enterprises, and they revealed disappointment and helplessness in the joke.

Meng Ling Jun, frankly speaking, today's cotton import quotas have been "commercialized". After the enterprises are playing the magic power and the import quota from the national development and Reform Commission, some quotas will be bought and sold on the market, and the money will get the quota. Tian Lianchen, chairman of Shandong Xiajin run Tong Textile Co., Ltd. told the reporter that the import quota business has become an open secret in the industry. Last year, the quota per ton had been frying over 3500 yuan last year.

　　 Calling the same running line

"Implementation Cotton import The quota system is a good starting point to protect the interests of domestic cotton farmers. Xia Zhilin said.

But now, its disadvantages are also obvious. "As long as we can get the quota, 1000 tons will be net profit of $45 million." Li Zhenru said this.

"Supporting the development of SMEs is a national policy. But in reality, small and medium-sized enterprises are facing various kinds of discrimination. Last year, the state imported more than 5 million tons of cotton, according to the 4000 yuan per ton, the enterprises that got the quota were equivalent to 200 billion subsidies, but small businesses had no chance to live in this market. "How can we survive in the market?" Liu Guanghou said.

Because of this, the industry is increasingly questioning the cotton quotas. Even if cotton quotas are not abolished, we all expect the distribution of cotton quotas to be more transparent and fair, so that each enterprise is on the same starting line.

Earlier, the market has said that this year's cotton import quota will be bundled with the reserve cotton store, and the company will get a quota of 1/3 for a ton of cotton. "This is conducive to the fairness of quota allocation." Tian Lianchen said.

But now, the central storage cotton throwing storage has been in operation for nearly 3 months, and there is no explicit provision on whether to match the corresponding import quotas. "From the quota that has been issued, it is not to say that the allocation of quotas is still mainly based on previous years." Meng Lingjun said.