Another Well-Known Textile Enterprise Bankruptcy Auction: The Textile Industry Is Just Beginning In The Winter!

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There are also textile enterprises ready for bankruptcy auctions, including the most famous ones.

It is reported that the company is preparing to

Insiders revealed that this year, in fact, the textile market is generally acceptable. Some enterprises are not short of orders. Why do so many textile enterprises sell assets or even declare bankruptcy directly?

In fact, in the past two years, with the improvement of the concentration of textile industry in Xiaoshan and the environmental protection inspection, the closure of a group of small and medium sized textile and printing and dyeing enterprises, or shutting down and pferring them, is inevitable.

The picture below is the task list of pformation and upgrading of traditional industries in Xiaoshan District, which is being promoted by relevant departments.

Key task list for Xiaoshan's industrial restructuring

According to the spirit of the relevant documents, by the end of June 2020, Xiaoshan will upgrade 12 industries and shut down more than 1000 heavy polluting enterprises and workshops.

On September 13, 2014, at the 2014 China Textile Marketing Summit meeting, Wang Huanlong, chairman of Zhejiang Tian Chang Textile Co., Ltd., participated in the theme dialogue of "marketing, R & D and development of enterprises".

First of all, let's introduce our business to you. Our Zhejiang Tian Chang textile was originally woven, but also has several other industries. It began to enter the yarn industry 4 years ago. Our information network has many. Some customers have always expressed that it is difficult to understand that our price is selling very high, but it still sells, so thank you for your support here today.

Did the textile industry arrive in winter?

I said just arrived, and it will last for a long time.

Ours

The original development is relatively fast. At that time, there was a TV play called "Beijing people in New York". Now Wang Feng has a song called "Beijing Beijing". In the song, "I am here confused, I am crying here". Now the textile industry is such a feeling, so I feel that now I have to make a big adjustment. All industries in the industry must adjust, besides the eddy spinning, the sale should be sold and pferred, so that the debt ratio will be reduced to about 20%.

Our next investment direction will not be greatly developed in the vortex spinning, because I have counted a book, MVS 870 new machine bought, if calculated according to the current financial situation and financial cost, and honestly can not make any money, so there is no meaning to go on again.

We are good at investing early, whether it is products or market, plus their own unique marketing methods, the situation is still good.

I think this is not related to the location and location of our business, such as buying a house in the center of Hangzhou and West Lake, the same area, but the price is absolutely different.

So our investment is also making an adjustment. We are heading for agriculture. This is our layout, though not many.

For vortex spinning products, we are characterized by many varieties and beautiful patterns. At present, we have almost all varieties on the market. Besides that, we are already preparing for this.

Present China

The market is far from bottom. Until the new year this year, the true face of Mount Lu will show itself.

Wang Huanlong: just now, Mr. Wang asked me if I had seen the bottom of the market. Next I would like to talk about my point of view. I think it is far from it! First of all, from the prices of public goods and raw materials, when the price of viscose is up to 2 tons or more, do you have any questions? I said no, now it has broken through the price of 08 years. As far as I know, Xiangsheng group has sold 11500 yuan / ton.

As for cotton prices, I still feel that they are far too far away for several reasons: one, the difference between domestic and foreign prices is still so great; two, there is so much stock in storage and storage; three, the quality of cotton storage and collection is so poor, so I think the market is far from bottoming out for mass commodity prices. This is the first point.

Second, I think we all know very well that there is a serious surplus of capacity. The capacity is already so surplus. Why do we still do it? Why do we still do it? I want to use another song to explain that it is love to die, because we can not stop it. Many enterprises' money comes from the bank. Once the bank stops, the bank will come to collect debts. Then our enterprises will only have a blind alley, so we strongly support "taking medicine" and "doing chemotherapy" to see how long it can last.

Now everyone is such an idea, how can our industry talk about profits? Everyone is to survive, no profit to do, cash flow reduction should also be done, not to borrow usury, if not, then only death.

When people are good or business, the more often they are not far away, the more they are going to crave their lives in a crazy way.

Third, the whole industry chain is not healthy now, whether it is the pulp or chemical fiber on the upper reaches, including the most costumes of the industrial chain. I think of what I heard before: what is "politics", politics is to get me up and run you down!

Now is the reason.

Almost 80% of garment enterprises are losing money now. I think more enterprises will go bankrupt next year.

Just after the reform and opening up, I remember that when I got married, I couldn't even buy the TV set. What else can't be bought? This is the development process of an industry.

In the face of such a situation, what should we do? We can say that the funds are very tight now, and the money is in the house.

As far as I know, once Keqiao's trade enterprises have money, they either invest in land with others or invest in houses. I think 90% of these investments are going to die.

Returning to the question raised by President Wang, I think this year will definitely not be good. This year's new year will be a big node, because accounts payable should be paid and wages should be paid. Some enterprises will have to close their doors once money is cleared up. By this time, the true face of Mount Lu in our industry will be temporarily exposed.

My friend --

To invest in a spinning mill in the US, the cost of capital is 2.5% to 3% per annualized cost, the primary capital takes 30% of its own, the state bank gives him a loan, and the local bank will finance you as long as the factory produces.

He went to the United States to run a factory. He used the power company's power and the boss of the power company to give him 100 thousand dollars in red packets, and our country was going to ask him anything, but in the United States, people came to ask for you.

Therefore, the use of electricity and taxes are also saved, but the labor cost is high, but their labor efficiency is high.

There is also a bigger problem. Our trade is bulwark, but they do not.

Just now, chairman Sun Weiting's report mentioned "do not think that advanced equipment is a kind of progress". Advanced equipment can be bought with money. If you are qualified to compete, he will have it.

If there is no family property, then we should strengthen sales.

Fifth, the impact of the Internet industry on our real economy enterprises is too great. As the saying goes, "one will become famous forever," a Ma Yun, each of us gives him 100 yuan, how much will he earn? That's why he comes to market capitalization of $about 200000000000.

Online sales have left the middle circulation part, so that the original stock can not be done.

In addition, the increasing number of personalized customization has led to a large volume of squeezed out.

It may be thought that the printing and dyeing factories in Wujiang were forced to close because of sewage treatment. In fact, this is not the case. The real reason is that there is a poisonous chemical substance. Up to now, it has not been completely found out whether it is an artificial factor or whether the chemical fiber is a middle class in the manufacturing process.

This is a big problem related to the people's livelihood in the nearby basin. It's like that all 10 prisoners have been arrested, but no one will admit it. So it's a reason to lock it up.

If textile bosses continue their extensive development in the past, the road ahead will be hard to go.

The emergence of these bankrupt textile enterprises is like a head-on blow, beating the bosses of Xiaoshan. The industry has reached a very special stage. If we still do not think about improvement, the final outcome will certainly not be wonderful.

The bosses of textile enterprises should learn to think and learn to be flexible so that they can make a new world in the future.