Qinghai Textile Industry Reformed Through Nirvana

10 Fen, Sanmao, cotton mill, double butterfly, Sanlu, white lipped deer...... Once upon a time, these are the enterprises and favorite brands that Qinghai is familiar with. But a few years ago, in the surging tide of market economy, besides 10 Fen, Xining Spin Enterprises are almost completely annihilated: enterprises are bankrupt, workers are laid off, and the prosperity they once had was replaced by a silent depression. Now, just like the blazing Phoenix is nirvana, after a series of changes in labor pains, textile enterprises have been reborn one after another. The new management system, new business philosophy and new management system finally made Xining's textile industry out of the trough. By the end of October, textile enterprises achieved a total output value of 134 million 320 thousand yuan, with a total sales income of 301 million 20 thousand yuan and a profit of 18 million 600 thousand yuan.

Xining area Textile industry Before 90s, it was a pillar enterprise in Qinghai Province, and made great contributions to Qinghai's economic development. Its products enjoy a certain reputation in the domestic market. However, since the beginning of 90s, except for the first woollen mill, the production and operation of Qinghai Wool Textile Industry Corporation, Qinghai third woollen mill and Qinghai cotton textile mill have been in a dilemma. By the middle and late 90s, enterprises have been losing money for years, so that they can not pay their debts. In order to save enterprises in the predicament, the relevant government departments have taken various measures to coordinate financial departments to give financial support, adjust their leading bodies, help find mergers, and work hard to get them out of the predicament, but for various reasons, all kinds of efforts have not been effective. Qinghai Wool Textile Industry Corporation, Qinghai third wool spinning mill and Qinghai Cotton Textile General Factory have been declared bankrupt and repaid by the court in accordance with the law in 97, 98 and 99 years.

December 1997, former Qinghai Wool textile industry The total assets of the company were bankrupt due to insolvency, the total assets of the company were 168 million 939 thousand and 300 yuan, the total liabilities were 507 million 590 thousand and 800 yuan, and the assets liabilities ratio was 300%. In 2002, it was purchased by Qinghai's famous private enterprise Xue Zhou San Hao group and resumed production from this year. By the end of October, the output value of the current price will reach 18 million 980 thousand yuan, and the sales revenue will reach 20 million 280 thousand yuan, with a profit of 1 million 830 thousand yuan.

The original Qinghai sponge cotton mill was in Shanghai in 2001 after bankruptcy. Lian Feng Textile After the acquisition of the company, the Zhejiang cotton textile mill was set up. After putting in a certain amount of funds, the producers and operators were brought in from the Zhejiang in the form of business investment. Now the enterprises are renamed as the Zhongqing cotton textile mill. Zhongqing has invested about 18000000 yuan to repair the equipment and factories and other production facilities, and restart the production from April this year, so that the factory's roaring sound has finally been heard for several years. At present, 50 thousand spindles of spindle and spindle have been set up in a spinning mill and a second spinning mill. Their products will directly face the market and sell to Zhejiang, Shaanxi and other places. The sales revenue will reach 25 million by the end of this year. The restarted production line has already recruited more than 1000 workers, of whom 500 are laid-off workers.

Facing the reality of brothers in the same industry, they have been developing the best Qinghai first. Wool mill It is more calm and comprehensive to examine its future and destiny. In 1998, the favorable opportunity for the production and sale of Qinghai's nap fabrics in the market was consolidated. Qinghai 10 Fen and Qinghai sea lions Nu sweater Co., Ltd. merged and merged the assets, set up Qinghai Yak Cashmere Group Company, Qinghai double butterfly knitting factory and Qinghai white lipped deer Limited by Share Ltd. In 2000, the company's stock was listed and issued, which raised 180 million yuan in that year, which laid the capital foundation for the development of the company. By the end of October this year, the total industrial output value has reached 96 million 320 thousand 54.71%, and the sales revenue has reached 270 million 540 thousand yuan, an increase of 52.9% over the same period last year, with a profit of 19 million 710 thousand yuan, an increase of 13.02% over the same period last year. The technical transformation project with a total investment of 77 million 800 thousand yuan has been included in the national key technology transformation project, and is expected to be completed and put into operation by the end of this year.