Shandong Textile Enterprises Strengthen Confidence And Safety Crisis

Since the beginning of this year, the textile industry has been in trouble for a long time due to many factors such as the appreciation of the renminbi, the export rebate rate, the tight supply of electricity, the tightening of processing trade policies, the rising cost of various production factors, and the shortage of funds.

And the rapid spread of the financial crisis is undoubtedly exacerbating the problem. Because of the "collapse tide" caused by the capital chain fracture, the Chinese textile industry is facing unprecedented challenges from the pition from small and medium-sized enterprises to large enterprises.

However, a survey report from Shandong Textile Industry Association shows that none of the 4933 Textile Enterprises above scale has failed in Shandong, nor has there been a large area of losses. Only a few small businesses have temporarily stopped production.

The current situation and survival rules of Shandong textile enterprises are noticeable.

Textile enterprises are suffering from "depression" but no ups and downs. This year, the textile industry has generally seen a decline in profitability and export growth, and Shandong textile industry, which is far more than the national average, has been deeply affected. Up to now, only RMB has lost 4 billion yuan, and with the impact of the current international financial crisis, many small and medium-sized enterprises have no single connection.

According to data from the Shandong Textile Industry Association, only two increase in the 13 main economic indicators in 1-9 months, and the remaining 11 are decreasing.

Among them, the textile and garment enterprises above Designated Size realized sales revenue of 419 billion 340 million yuan, an increase of 23.23% over the same period last year, an increase of 6.7 percentage points over the same period last year, a profit of 38 billion 930 million yuan, an increase of 20.8%, an increase of 16.2 percentage points.

Textile exports also showed a downward trend in October, and exported $1 billion 290 million in October, a decrease of 200 million US dollars compared with September.

At present, the investment speed of Shandong's textile industry is also lower than the national average level, and investment confidence has been affected.

Although the market downturn has made Shandong textile enterprises suffer from "depression", Zhao Chuanxiang, President of Shandong Textile Industry Association, thinks that compared with the southern provinces, the textile industry in Shandong is less affected, and there has not been a big rise and fall.

In April, Jining Sakura group, which was annexed by the Italian capital group due to the broken capital chain, is now on the right track and running well.

Zhao Chuanxiang gave an example: "in 2007, the province's textile and garment enterprises above Designated Size 4703, but this year increased to 4933 households, this change shows that in the face of the difficult situation, many enterprises in our province have maintained a good momentum of growth."

The reason for the crisis of Shandong textile enterprises is that under the rapid economic situation at home and abroad, the textile enterprises in Shandong can still maintain a good upward trend.

From 2000 to 2004, Shandong province implemented the system reform in a large and rapid way. By the end of 2004, 98% of the textile enterprises had been restructured, forming shareholding enterprises and private enterprises, and establishing a relatively flexible operation mechanism.

This enables enterprises to speed up in the decision-making process, improve their operation efficiency and increase their autonomy, so that they can effectively cope with the crisis according to their own circumstances.

At the same time, the high level of equipment and strong innovation ability is also an important reason for the crisis.

After the end of last century, the textile enterprises in Shandong province carried out large-scale equipment improvement, and now the equipment level ranks the leading position in the country. This is the main condition for Shandong textile to deal with the financial crisis.

And excellent innovation ability is a major advantage of Shandong textile.

Shandong Hailong group won the first prize of national science and technology progress last year. This is the highest national award that the textile industry has not won in recent decades, so that the enterprise has not only always been full load production, maintained a higher market price and the lowest inventory, but also realized profitability, and the net assets yield has remained the same for 6 consecutive years.

It is understood that in 1-10 months, Hailong group achieved sales revenue of 2 billion 590 million yuan, an increase of 3.29% over the same period, and 58 million 180 thousand US dollars in foreign exchange earnings, an increase of 4.91% over the same period last year.

Besides, individual spinning enterprises can turn "danger" into "machine".

Under the unfavorable economic situation, Shandong Lu Tai Group not only did not lose a customer, but gained more cooperation opportunities by virtue of its complete industrial chain structure, excellent product quality and reputation in the industry.

Liu Zibin, general manager of Lu Tai textile Limited by Share Ltd, believes that the financial crisis is also an opportunity to optimize the industrial structure: "some enterprises that win the market at the expense of quality or price can hardly survive in the fierce competition, so that enterprises with strong competitiveness have gained the opportunity of further expansion.

However, the company has occupied the world's high-end market, and is a vertical production enterprise from raw materials, energy sources to final products. It has a strong ability to control production costs and quality, resist external competition factors and reduce the impact of adverse factors, so it has little impact.

The national policy is frequent, firm textile enterprise confidence and shortage of funds has been the biggest worry for the development of textile enterprises.

The name of labor-intensive industries has made the textile industry suffer from "discrimination". The CBRC has listed the textile industry as a non supporting industry, and the scale of corporate loans has been gradually reduced. This has aggravated the already tight financial situation of the textile industry which has already been a small profit.

According to incomplete statistics, the financing gap of textile enterprises in Linyi has reached 1 billion 200 million yuan, and the size of the Hongcheng group's loan from the original 300 million yuan is currently reduced to 120 million yuan, which seriously affects the construction of key projects, structural adjustment and industrial upgrading.

In order to support the development of the textile industry, after the two increase in the export rebate rate, in November 19th, the Executive Council of the State Council further studied six policy measures to promote the healthy development of the textile industry.

"Suspension of the textile and processing trade account margin" real pfer ", enterprise import textile machinery and equipment tax exemption two policies, can let enterprises get immediate benefits, special technical pformation on the agenda, but also help to enhance the development potential of the textile industry.

Zhao Chuanxiang hopes to reduce the intermediate links and put the good news to the enterprises as soon as possible so as to make the small and medium-sized enterprises' liquid capital in place.

It is understood that the first half of this year, Shandong Province imported 510 thousand tons of cotton, processing trade ledger margin will directly to Shandong textile enterprises to bring considerable liquidity.

Although the industry believes that the first half of next year will be the most difficult period for the textile industry, Shandong textile enterprises have further strengthened their confidence in development under the national favorable policies.

Yang Jing: editor in charge