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    Chongqing Light Textile Broad Range Liquidation Closes "Burden" Enterprise

    2014/6/24 8:44:00 15

    ChongqingLight TextileTransformation

    On the other hand, a group of enterprises that are facing closure, stop and break are still struggling and need time to adjust. On the one hand, new investment and new development enterprises have only begun to invest in the past two years, and need to be nurtured and grown up. Chongqing The transition of light textile group (hereinafter referred to as Chongqing light textile) - the alternation of new and old industries is doomed to go through a long period of labor pains.


      "In Chongqing, and in the automobile industry.


    Related stock movements


    Compared with the Changan group, which has outstanding profitability, ICBC has a significant gap in cultivating core competitiveness, independent brand innovation, R & D investment and so on, "3.41+0.000.00%". In June 18th, Xie Yingming, President of Chongqing textile and light industry, said at the media symposium organized by the Chongqing SASAC that the group's industrial decentralization led to slow progress in information production, procurement, logistics and other aspects, thus restricting the improvement of management.


    Chongqing light textile was founded in 2000. It is revoking the Chongqing Light Industry Bureau. Spin State holding enterprises formed on the basis of bureaux and Building Materials Bureau. This is the largest state-owned holding group in the country, which owns both light industry and textile industry. Similarly, with the textile sector, as early as 2012, the Shanghai Textile Group achieved a strategic transformation of the integration of advanced manufacturing and modern service industries with a revenue of 44 billion yuan. By 2013, Chongqing light textile completed its operating income of 25 billion 350 million.


    Under fierce competition and worsening international export situation, Chongqing textile industry is facing double pressure: textile and light industry need to be transformed. The main economic indicators of the wine industry, building materials and trade enterprises of the group declined in different degrees year-on-year, and auto parts and dental care enterprises were running smoothly.


       How can traditional industries go on?


    In July, the production base of sargo in Hechuan, Chongqing, will start. By the first half of 2015, the seals will be on sale. After the project is completed, SA will be the first supplier of sealing strip that can synchronize production and R & D with all the world's main manufacturers.


    Auto parts manufacturing is a traditional textile industry in Chongqing. Chongqing Jiaxun automotive seals Co., Ltd., a light textile company in Chongqing, was founded in 2005. In 2011, the Chongqing textile industry implemented the strategy of going out and invested 68 million 760 thousand euros to acquire the wholly-owned German sagoumi group. It acquired all the shares of the 9 countries and 13 entities, and 58 core production lines and the control over the global production and marketing network.


    In 2012, Chongqing Light Textile Co., Ltd. invested $200 million in China's return journey through the Sargassum group, and established the China Investment Co. Following the construction of the manufacturing base in Hechuan, Chongqing, Chongqing will also build the Sargassum Asia Pacific R & D center in Chongqing.


    In September 2014, Chongqing's consumer naked eye 3D products will be offline. This is the world's largest consumer naked eye 3D display module production line at the end of the year in Chongqing textile industry in Tongliang Industrial Park, with an annual output of 200 thousand pieces. When consumers do not need to wear 3D glasses, they can see three-dimensional animation on the 3D module of notebook, tablet PC, TV and other household appliances. Xie Yingming said that naked eye 3D display technology is a national strategic industry. Based on the introduction of the East China Optoelectronics Technology of China aviation industry group, Chongqing Light Textile Co., Ltd. set up Chongqing Zhuo Meihua photoelectricity Co., Ltd. to develop technology and products.


    In 2013, Zhuo Meihua's newly developed 4K naked eye 3D HD advertising machine and naked eye 3D core component LCP have entered the Korean market. Xie Yingming expects that the total sales of commercial 3D display devices and display modules in Chongqing will exceed 50 million yuan this year.


    But whether it is the traditional advantage industries developed by the group, auto parts, dental care or new electronic information industry are currently in the breeding stage.


    "The Sargassum project has not been profitable yet." Xie Yingming said that in the year of the acquisition, the sales revenue of Germany's Sargassum group was 336 million euros, with a loss of 21 million euros. In January of this year, -5's revenue was 163 million yuan, an increase of 3% over the same period of last year. A deficit of 4 million 720 thousand euros over the same period. He said that it is expected that next year, the SGM will only turn it around.


    Oral care is a traditional dominant industry in Chongqing textile industry after auto parts. The group's "cold sour" toothpaste is the first national brand of oral care in China. In January 2014 -5, the company realized sales revenue of 339 million yuan, an increase of 14% over the same period last year, achieving a net profit of 17 million yuan, unchanged from the same period last year.


    After three years of development of naked 3D display, the group hopes its sales revenue will reach 5 billion yuan. Xie Yingming said that the electronic information board should grow 100 times from the annual sales volume of 50 million yuan, and we must rely on the blowout of the consumer electronics market. He noted that the notebook factory was more concerned about the maturity of the technology, so the Chongqing light textile plan first assembled 200 thousand trial marketing and gradually promoted it.


      21 companies need to quit


    "A group of enterprises that are hopeless and hopeless are still struggling. It will be more difficult to shut down immediately, and it will take some time to adjust them." Xie Yingming told reporters on twenty-first Century economic report.


    In January 2014, in twenty-first Century, the economic report reporter once saw the North factory of the Chongqing textile company in Hechuan, a textile subsidiary located in Chongqing, China. The North factory of the factory has been shut down, and there are still thousands of machines in the weaving shop of Nanchang. Due to serious losses, the factory was completely shut down in March of this year, and the site was rented by a private enterprise. The doorman told the twenty-first Century business news reporter that when the textile industry flourishing in 2005, there were as many as 4000 employees in the factory, and there were only a few hundred people left behind after self employment.


    At the beginning of the formation, there was a heavy burden of personnel. The number of light textile workers in Chongqing is as high as 51 thousand. At that time, group sales revenue of 3 billion yuan, a loss of more than 100 million yuan.


    Since 2000, where the competitiveness of traditional industries and enterprises has been weakened, Chongqing textile has completed the bankruptcy exit of 23 high energy consumption, high pollution and lack competitiveness enterprises, such as the long Zhang paper industry, cement plant, Beibei glassware long and one cotton textile. Since 2009, Chongqing textile has been liquidating and closing 21 specialized companies including 5 enterprises, including Chongqing wool mill, 21 bankruptcy companies, and Chongqing interior decoration engineering company. At the same time, it has implemented the environmental shutdown and reorganization transformation of 5 enterprises such as Beiyuan glass.


    By the end of last year, Chongqing Textile and other light industries The number of in-service workers has been reduced to 26 thousand, and the asset liability ratio has dropped from 92% at the beginning of the establishment to 65%. "At present, the group also manages 21 enterprises to shut down, stop and break, and we intend to completely withdraw these enterprises from the industry in 3 to 5 years." Xie Yingming said that Chongqing textile should promote the reform of mixed ownership in the absence of competitive advantages, and introduce strategic investors and operators to hold shares so as to diversify stock ownership. We should explore and explore some areas and enterprises which are not suitable for the long-term development of state-owned enterprises, and gradually withdraw effectively and safely.


    "At the same time, state-owned enterprises should link budget execution with performance appraisal. In the next third years, we have to adjust its leading bodies. Xie Yingming said that the German sage group had just changed its executive level.

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