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Domino'S Regional Pains Will Inevitably Be Overcome By The Crisis Of The Textile Industry.
< p > the Domino dominoes effect, which is caused by the evaporation of Paci Doug clothing trade Co., Ltd. (hereinafter referred to as Paci Doug) and the evaporation of cargo from the Shaxi town of Zhongshan, Guangdong, "a href=" http://sjfzxm.com/news/index_s.asp "clothing" /a "leading enterprises" (hereinafter referred to as "Domino") is being leavened -- nearly 200 suppliers and OEM enterprises scattered throughout the country are deeply tired, and so are bankrupt or bankrupt. Insiders pointed out that the closure of downstream enterprises will also endanger the lower reaches, and the regional pains of the textile and garment industry will inevitably be inevitable. < /p >
< p > "China Enterprise News" reporter was informed that from 2011 to January 19, 2014, the total amount owed to the supplier was more than two hundred million yuan. Including Dongguan Longxiang Textile Co., Ltd., Yida, Xinli, Xincai Feng, Xiong Yi, Tong Hui, Yisheng Textile Trade Co., Ltd. and so on, 193 enterprises, including 4 enterprises, more than 5 million yuan, 4 enterprises, 2 million yuan or more, 22 enterprises, more than 1 million yuan, 18 Enterprises, 1 million yuan less than 19 enterprises, and less than 1 million yuan have the following enterprises, which are over 10 million yuan. This data comes from the supplier conference held by April 8, 2014. < /p >
< p > < strong > hundreds of millions of yuan assets are suspected to evaporate < /strong > < /p >.
< p > > Paci Doug, who has 18 years' a href= "http://sjfzxm.com/news/index_s.asp" > brand < /a > history, posted a notice in May 4th: because of the difficulties of the company and the beginning of December 2013, some workshops in the production shop were in a semi shutdown state. By April 1, 2014, all production processes in the production workshop have been closed for work. The company has decided to formally complete all operations in the production workshop since May 4, 2014. < /p >
In the early days of June, in the early days of June, the giant photos of Qi Wei, the spokeswoman of fashion woman dress, were still placed in a prominent position before the Zhongshan Shaxi Town Industrial Park's Bai Xian Dage office building. But now the company has locked the door, the security guard said: there's no one inside, and I don't know where the boss went. < /p >
< p > in the bulletin board at the door, the announcement of the production of Bai Xian Dun has been torn off. The more noticeable bulletin board, in addition to the Zhongshan Municipal Bureau of human resources and Social Security Bureau Shaxi branch labor arbitration notice, is the first people's Court of Guangdong province in February 14th (2014) in a law enforcement word no. 2272-1 executive order. The ruling showed that the 10445869.22 yuan civil case involved in the case was seized, seized and detained the corresponding value of Paci Doug's property, seized 4 cars. < /p >
< p > "in fact, they are left with these 4 old cars." The manager of Guangzhou Han Hua Hua costumes Co., Ltd., who has just opened the court and rushed to collect debts, said that Paci Doug had already sold over 100 billion yuan of real estate and land at a low price of 41 million yuan, of which 28 million yuan was used to repay the loans of the industrial and Commercial Bank of China. In the remaining 13 million yuan, the legal person took 9 million yuan, and the legal person's elder brother took 4 million yuan. < /p >
< p >, however, due to unable to contact the relevant personnel, "China Enterprise News" reporter failed to verify this information. < /p >
< p > < strong > 200 million yuan arrears or become dead account < /strong > < /p >
< p > during the interview, the reporter has been trying to contact Zheng Shineng, the legal person and chairman of Zheng Xingtong and his son, but no one answered or turned off the two phone. < /p >
< p > "I regret having trusted them." Mr. Zhang, the authorized agent of the creditor enterprise, the company of Chinese enterprises (pseudonym), told the "China Enterprise News" that their company was the enterprise producing functional fabrics. At first, it was seen that the company had won two honorary titles such as "ten major casual wear brands in Zhongshan", "contracts and trustworthy enterprises", "Zhongshan advanced private enterprises" and so on. The first cooperation was settled smoothly, and then they continued to take orders. By the second half of 2013, there was a problem in settlement, but after consultation, Paci Doug settled some of the loans to the company. < /p >
< p > Mr. Zhang said that at a supplier meeting, Liang Dongxiao, deputy mayor of Shaxi Town, attended the meeting. He said that due to the market downturn and other reasons, the capital turnover had been affected. But at that time, there were still 170 million yuan of ex factory goods stored in the company's warehouse, hoping to give Paci Doug some time. At the same time, he was prepared to take over the company by Shenzhen's Albert Albert, and the government would also support the revitalizing of Paci Doug. This is understood by suppliers as the position of the government department, and they will do business later, so the company continues to take an order. Until the end of 2013, the first two orders had been unable to settle, and Bai Xian Da had ordered a value of 5 million yuan. < /p >
< p > Tan Zhilong, general manager of Zhongshan Wan Rui Garments Co., Ltd., told reporters that because of the arrears of cash, the company's cash flow would be cut off and their company would not be able to pay wages to the workers next month. Therefore, the labor arbitration department has forced its company to go bankrupt and liquidate. < /p >
< p > Wan Rui company is < a href= "http://sjfzxm.com/news/index_s.asp" > OEM processing enterprise < /a >, before 2011, the annual sales volume was 2000 to 30 million yuan, the company had about 50 people, in recent years, has reduced to 30 people. "Unfortunately, our factories and equipment may be auctioned at a low price, and 55% off of them are willing to take over." At this time, his phone rang, he kept explaining to the other side of the phone, they are working hard to collect debts, if there is money, they will never default on the payment. Hang up the phone, he stalls: "our suppliers have heard about it, too. I will not be like Paci Doug. " < /p >
< p > according to Tan Zhilong, in recent years, the textile and garment industry has become more competitive due to the sharp reduction in foreign orders, overcapacity in the country, and the increase of raw materials, labor costs and tighter tax controls. According to regulations, credit has always been traded. < /p >
< p > according to the law, the investment time of the clothing industry has a low and high season. Every year from 3 to May is the investment period. During this period, the loss of enterprises also needs to work, because to solve the employee's wages, the 6 to October is the peak season, and the normal gross profit is only about 10%. The fastest way to collect money is to arrive in mid July. At present, banks are tightening up, and the whole industry is under pressure. < /p >
< p > "like our OEM processing company, it only gives us 2 to 3 deposit, and our business is spanformed into a bank. As a result, upstream deceive the downstream, downstream and then deceive the downstream, once the capital chain problems, everyone will die together. Tan Zhilong said. < /p >
< p > < strong > the government refused to respond to < /strong > /p >
< p > a piece of information provided by the propaganda office of the Shaxi town government party committee shows that Paci Doug ranks the top three among the famous brands in Shaxi town. On the website of Puxian daguge, Chen Shunbao, deputy secretary and mayor of Shaxi town and Wang Jia, Secretary General of Guangdong clothing and apparel industry association, said in his speech at the summit meeting of the strategic development summit and the 2012 marketing goal conference, "Bai Xian Dage", an outstanding representative of Shaxi town and garment enterprises in Guangdong Province, can go upstream in the current global financial crisis. < /p >
< p > 2012, Bai Xian Da Ge and Shenzhen Tongchuang Weiye Venture Capital Co., Ltd. signed a strategic investment ceremony. Then, he signed a 2012 development target with all the regional strategic partners. < /p >
In the view of many suppliers, they fell into the investment trap of P. < /p >
< p > "at that time, we said that we joined the business together to create Albert and injected 21% shares of 60 million yuan in cash. Both sides were very excited, so we became long-term strategic partners." Liu Youcai, general manager of Cai Lin garment factory in Zhuhai District, Guangzhou, briefed reporters on "China Enterprise News". < /p >
< p > Supplier found that since the end of 2012, the company has already fallen into the capital chain dilemma. But because the whole industry is in recession, and several suppliers' meetings have both town leaders and investors, they also express their understanding and hope to tide over the difficulties. < /p >
< p > "unexpectedly, they are spanferring assets." A supplier who did not want to be named pointed out the suspicions they found: "why is a big business suddenly gone? In the second half of last year, the legal person got divorced. Is it to spanfer assets? Who is the background of the plant and the land buyer?" < /p >
Gao Zehua, general manager of Yida Fashion Co., Ltd., P, said that several of their suppliers had reported in the name of "knowing that the bill could not be delivered by contract fraud", but there was no case due to insufficient evidence. And in civil action, they may win the lawsuit and execute it hard. One Miss Gao, who was owed about 5000000 yuan, had already sued. The lawyer spent about 200000 yuan, but when it was implemented, she found that she had nothing but 4 old cars. < /p >
Suppliers of P also have some criticisms about the government's attitude in this matter. They believe that they believe that the government will give enough time to spanfer assets, and that about 100 thousand of the workers will be laid off because of this. < /p >
< p > Wang Qiang, director of the propaganda office of the Shaxi town Party committee, told reporters that the matter had entered the judicial process and the government would not be allowed to receive any further interviews. He said at the same time that the government had been actively coordinating before, but several meetings failed to co-operate. < /p >
P, a senior textile expert who does not want to be named, believes that the Domino effect of Guangdong's textile industry will hit the textile and garment industry. In recent years, the national garment industry is generally facing the problem of overcapacity. Last year's inventory reached a record high. Coupled with rising labor costs and fierce market competition, the profit margins of the whole industry have fallen sharply, and even last year many small and medium-sized garment enterprises have been unable to continue. Therefore, the textile and garment industry can only get out of the predicament only by deep spanformation. < /p >
< p > "China Enterprise News" reporter was informed that from 2011 to January 19, 2014, the total amount owed to the supplier was more than two hundred million yuan. Including Dongguan Longxiang Textile Co., Ltd., Yida, Xinli, Xincai Feng, Xiong Yi, Tong Hui, Yisheng Textile Trade Co., Ltd. and so on, 193 enterprises, including 4 enterprises, more than 5 million yuan, 4 enterprises, 2 million yuan or more, 22 enterprises, more than 1 million yuan, 18 Enterprises, 1 million yuan less than 19 enterprises, and less than 1 million yuan have the following enterprises, which are over 10 million yuan. This data comes from the supplier conference held by April 8, 2014. < /p >
< p > < strong > hundreds of millions of yuan assets are suspected to evaporate < /strong > < /p >.
< p > > Paci Doug, who has 18 years' a href= "http://sjfzxm.com/news/index_s.asp" > brand < /a > history, posted a notice in May 4th: because of the difficulties of the company and the beginning of December 2013, some workshops in the production shop were in a semi shutdown state. By April 1, 2014, all production processes in the production workshop have been closed for work. The company has decided to formally complete all operations in the production workshop since May 4, 2014. < /p >
In the early days of June, in the early days of June, the giant photos of Qi Wei, the spokeswoman of fashion woman dress, were still placed in a prominent position before the Zhongshan Shaxi Town Industrial Park's Bai Xian Dage office building. But now the company has locked the door, the security guard said: there's no one inside, and I don't know where the boss went. < /p >
< p > in the bulletin board at the door, the announcement of the production of Bai Xian Dun has been torn off. The more noticeable bulletin board, in addition to the Zhongshan Municipal Bureau of human resources and Social Security Bureau Shaxi branch labor arbitration notice, is the first people's Court of Guangdong province in February 14th (2014) in a law enforcement word no. 2272-1 executive order. The ruling showed that the 10445869.22 yuan civil case involved in the case was seized, seized and detained the corresponding value of Paci Doug's property, seized 4 cars. < /p >
< p > "in fact, they are left with these 4 old cars." The manager of Guangzhou Han Hua Hua costumes Co., Ltd., who has just opened the court and rushed to collect debts, said that Paci Doug had already sold over 100 billion yuan of real estate and land at a low price of 41 million yuan, of which 28 million yuan was used to repay the loans of the industrial and Commercial Bank of China. In the remaining 13 million yuan, the legal person took 9 million yuan, and the legal person's elder brother took 4 million yuan. < /p >
< p >, however, due to unable to contact the relevant personnel, "China Enterprise News" reporter failed to verify this information. < /p >
< p > < strong > 200 million yuan arrears or become dead account < /strong > < /p >
< p > during the interview, the reporter has been trying to contact Zheng Shineng, the legal person and chairman of Zheng Xingtong and his son, but no one answered or turned off the two phone. < /p >
< p > "I regret having trusted them." Mr. Zhang, the authorized agent of the creditor enterprise, the company of Chinese enterprises (pseudonym), told the "China Enterprise News" that their company was the enterprise producing functional fabrics. At first, it was seen that the company had won two honorary titles such as "ten major casual wear brands in Zhongshan", "contracts and trustworthy enterprises", "Zhongshan advanced private enterprises" and so on. The first cooperation was settled smoothly, and then they continued to take orders. By the second half of 2013, there was a problem in settlement, but after consultation, Paci Doug settled some of the loans to the company. < /p >
< p > Mr. Zhang said that at a supplier meeting, Liang Dongxiao, deputy mayor of Shaxi Town, attended the meeting. He said that due to the market downturn and other reasons, the capital turnover had been affected. But at that time, there were still 170 million yuan of ex factory goods stored in the company's warehouse, hoping to give Paci Doug some time. At the same time, he was prepared to take over the company by Shenzhen's Albert Albert, and the government would also support the revitalizing of Paci Doug. This is understood by suppliers as the position of the government department, and they will do business later, so the company continues to take an order. Until the end of 2013, the first two orders had been unable to settle, and Bai Xian Da had ordered a value of 5 million yuan. < /p >
< p > Tan Zhilong, general manager of Zhongshan Wan Rui Garments Co., Ltd., told reporters that because of the arrears of cash, the company's cash flow would be cut off and their company would not be able to pay wages to the workers next month. Therefore, the labor arbitration department has forced its company to go bankrupt and liquidate. < /p >
< p > Wan Rui company is < a href= "http://sjfzxm.com/news/index_s.asp" > OEM processing enterprise < /a >, before 2011, the annual sales volume was 2000 to 30 million yuan, the company had about 50 people, in recent years, has reduced to 30 people. "Unfortunately, our factories and equipment may be auctioned at a low price, and 55% off of them are willing to take over." At this time, his phone rang, he kept explaining to the other side of the phone, they are working hard to collect debts, if there is money, they will never default on the payment. Hang up the phone, he stalls: "our suppliers have heard about it, too. I will not be like Paci Doug. " < /p >
< p > according to Tan Zhilong, in recent years, the textile and garment industry has become more competitive due to the sharp reduction in foreign orders, overcapacity in the country, and the increase of raw materials, labor costs and tighter tax controls. According to regulations, credit has always been traded. < /p >
< p > according to the law, the investment time of the clothing industry has a low and high season. Every year from 3 to May is the investment period. During this period, the loss of enterprises also needs to work, because to solve the employee's wages, the 6 to October is the peak season, and the normal gross profit is only about 10%. The fastest way to collect money is to arrive in mid July. At present, banks are tightening up, and the whole industry is under pressure. < /p >
< p > "like our OEM processing company, it only gives us 2 to 3 deposit, and our business is spanformed into a bank. As a result, upstream deceive the downstream, downstream and then deceive the downstream, once the capital chain problems, everyone will die together. Tan Zhilong said. < /p >
< p > < strong > the government refused to respond to < /strong > /p >
< p > a piece of information provided by the propaganda office of the Shaxi town government party committee shows that Paci Doug ranks the top three among the famous brands in Shaxi town. On the website of Puxian daguge, Chen Shunbao, deputy secretary and mayor of Shaxi town and Wang Jia, Secretary General of Guangdong clothing and apparel industry association, said in his speech at the summit meeting of the strategic development summit and the 2012 marketing goal conference, "Bai Xian Dage", an outstanding representative of Shaxi town and garment enterprises in Guangdong Province, can go upstream in the current global financial crisis. < /p >
< p > 2012, Bai Xian Da Ge and Shenzhen Tongchuang Weiye Venture Capital Co., Ltd. signed a strategic investment ceremony. Then, he signed a 2012 development target with all the regional strategic partners. < /p >
In the view of many suppliers, they fell into the investment trap of P. < /p >
< p > "at that time, we said that we joined the business together to create Albert and injected 21% shares of 60 million yuan in cash. Both sides were very excited, so we became long-term strategic partners." Liu Youcai, general manager of Cai Lin garment factory in Zhuhai District, Guangzhou, briefed reporters on "China Enterprise News". < /p >
< p > Supplier found that since the end of 2012, the company has already fallen into the capital chain dilemma. But because the whole industry is in recession, and several suppliers' meetings have both town leaders and investors, they also express their understanding and hope to tide over the difficulties. < /p >
< p > "unexpectedly, they are spanferring assets." A supplier who did not want to be named pointed out the suspicions they found: "why is a big business suddenly gone? In the second half of last year, the legal person got divorced. Is it to spanfer assets? Who is the background of the plant and the land buyer?" < /p >
Gao Zehua, general manager of Yida Fashion Co., Ltd., P, said that several of their suppliers had reported in the name of "knowing that the bill could not be delivered by contract fraud", but there was no case due to insufficient evidence. And in civil action, they may win the lawsuit and execute it hard. One Miss Gao, who was owed about 5000000 yuan, had already sued. The lawyer spent about 200000 yuan, but when it was implemented, she found that she had nothing but 4 old cars. < /p >
Suppliers of P also have some criticisms about the government's attitude in this matter. They believe that they believe that the government will give enough time to spanfer assets, and that about 100 thousand of the workers will be laid off because of this. < /p >
< p > Wang Qiang, director of the propaganda office of the Shaxi town Party committee, told reporters that the matter had entered the judicial process and the government would not be allowed to receive any further interviews. He said at the same time that the government had been actively coordinating before, but several meetings failed to co-operate. < /p >
P, a senior textile expert who does not want to be named, believes that the Domino effect of Guangdong's textile industry will hit the textile and garment industry. In recent years, the national garment industry is generally facing the problem of overcapacity. Last year's inventory reached a record high. Coupled with rising labor costs and fierce market competition, the profit margins of the whole industry have fallen sharply, and even last year many small and medium-sized garment enterprises have been unable to continue. Therefore, the textile and garment industry can only get out of the predicament only by deep spanformation. < /p >
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