Listing Is Also Crazy. "Where Does The Boss Go" Begins To Play A Good Show In The Clothing Industry.

< p > recently, the official micro-blog announced the announcement that Ding Hui, chairman of the company, had lost contact with the company.

According to people close to the company, Ding Hui and his wife owed at least 1 billion 500 million yuan.

At the beginning of January this year, NOGE was just listed in Hongkong.

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The experience of < p > a > "odd" /a "is by no means an isolated case of garment enterprises. Since the beginning of this year," where the boss goes "has been continuously staged in the clothing industry.

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< p > at the beginning of May, the owner of the Jinhua Tian Tian Garments Co., Ltd. lost contact with him. At the end of May, Xu Yunxu, chairman of Wenzhou tengxu Garments Co., Ltd. lost contact with him; at the end of July, the boss of Dalian Sheng Heng Clothing Co. Ltd. lost contact with song.

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In the first half of the year, P has obviously become the peak of the frequent accidents in garment industry. Besides the loss of the boss, many enterprises are also in trouble, including many well-known clothing enterprises.

By the end of March this year, Baleno's parent company deyongjia had 388 stores in the mainland market, accounting for 10% of the total number of stores in the company, and more than 200 million yuan of debt, and the Boshiwa International Holding Limited listed on the HKEx was also exposed to arrears of wages.

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< p > most of the garment enterprises involved involve the problem of arrears of funds.

The capital chain fracture has also become the direct cause of crushing enterprises.

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< p > < strong > < a > href= > http://fz.sjfzxm.com/ > > danger > /a > capital > /strong > /p >

< p > "although many enterprises have been exposed to financial difficulties due to capital problems since the beginning of this year, the situation has appeared since the year before."

Chen Qixiang, Deputy Secretary General of the Wenzhou clothing trade association, said that these enterprises were in a dilemma because of their investments in other areas.

"As far as I know, some enterprises have invested a lot of real estate and finance in the past few years, with sufficient cash flow," he said.

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< p > compared with the clothing industry, investment in real estate and finance has strong attraction for garment enterprises.

"After all, in the market environment of hot real estate and financial investment in the past few years, these two kinds of investment are faster than the clothing business, and the rate of return on investment is high."

Chen Qixiang said to him.

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< p > at the same time, boosting garment enterprises to invest in other investments is also related to the surplus of idle funds in the market at that time.

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< p > the influx of hot money brings a lot of fast investment opportunities to garment enterprises, but it also adds more variables and risks to its future development.

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< p > with the successive introduction of the national property market control policy and the weakening of economic development in recent years, many garment enterprises that invest in real estate are in the predicament of breaking up the capital chain.

Among them, Teng Xu's clothing boss Xu Yunxu's running road was linked with his investment real estate failure.

Previously, Zhuang Ji, who was bankrupt and reorganized, was also said to be tired of his shipbuilding business.

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< p > Zhejiang Province, which has higher garment productivity and industrial concentration, has also been involved in the business problems caused by joint insurance and mutual guarantee in recent years.

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< p > for this reason, a person familiar with the matter said that the issue of joint guarantee and mutual protection in Zhejiang is not related to the long-standing loan tradition in the locals.

"An enterprise needs to raise funds if there are good projects, then will find some acquainted relatives and friends to eat together, and introduce their own projects to raise funds or seek guarantees at the table. Many enterprises in Zhejiang are financing at the table."

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< p > this kind of loan mode can help enterprises to raise funds quickly, but when the enterprise develops to a certain scale, the joint guarantee and mutual insurance mechanism will bring great risks to the development of enterprises.

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< p > "there are certain garment enterprises in Wenzhou. Although they operate well, they are overwhelmed by these bonds because they are caught in the chain of joint guarantee and mutual insurance."

Chen Qixiang believes that this model is also related to China's current financial mechanism is not perfect.

"In order to reduce the risk of borrowing, banks require mutual insurance between enterprises. The risk of mutual insurance is relatively small for the well known enterprises, but some enterprises are not familiar with each other. In order to raise funds, they also carry out mutual insurance under the matching of certain financial institutions, and eventually put themselves in a great operational risk."

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< p > "the influx of hot money brings a lot of fast investment opportunities to garment enterprises, but it also adds more variables and risks to its future development."

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< p > "now, we also call on enterprises to minimize participation in alliance insurance and mutual insurance. Even if we want to guarantee other enterprises, we must choose enterprises that we know well."

Chen Qixiang said.

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< p > joint insurance and mutual insurance have obvious influence on the development of clothing enterprises. But in the view of Mao Lihui, President of Wuhan fashion and Fashion Federation, for large and medium-sized enterprises, there are not many bankruptcies caused by UNPROFOR and mutual insurance. Most of these enterprises are trapped in the market because of the impact of listing.

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< p > < strong > listing is also crazy < /strong > < /p >.

< p > "for small enterprises, the decision of the enterprise can be decided by the boss, but most large garment enterprises will involve multiple shareholders and stakeholders. Even the founder of the company can not decide the major decisions of the company alone."

Mao Lihui said, in his view, in recent years, the clothing industry has seen a lot of problems such as closing stores, inventory backlog and capital chain breakage, which is caused by IPO impact.

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