Sheng Hong 30 Million Emergency "Revival" Bankrupt Enterprises, The First Production Line Put Into Operation Today, 120 Thousand Nissan Mask!

In February 3rd, the production line of the rigid pine protection Polytron Technologies Inc in Wujiang District, Suzhou, Jiangsu was busy, and began to resume production and trial production for the first day. The KN95 masks and disposable non-woven masks produced by the company will be allocated by the government to supplement supplies.

　　 The workers in the workshop after finishing production are mending their masks. Gao Xu

It is understood that the company was originally a bankrupt and liquidating enterprise. When Jiangsu Sheng Hong group learned about this information, in order to protect the supply of medical supplies during the period of the new crown virus epidemic prevention, a 30 million yuan support fund was set up to revive the enterprise.

The Polytron Technologies Inc is a health care product manufacturer in FenHu high tech Zone of Wujiang district. It is an enterprise that develops, produces protective clothing, protective gloves, protective masks, medical textiles and medical non-woven products. It has been suspended in the second half of 2018 due to debt crisis and began bankruptcy and liquidation at the end of last year.

Zhang Youshun, director of the people's Court of Suzhou Wujiang District, and President of the bankruptcy court, said that in view of the urgent situation of the current epidemic situation, a large number of protective products such as masks should be followed up, while the rigid company has the appropriate qualification to produce the mask, so as to give full play to the utility function of the debtor, avoid its idle assets and qualifications, and take into account the public interests, debtors and creditors' rights. In accordance with the provisions of the twenty-sixth and sixty-ninth articles of the enterprise bankruptcy law, people's rights and interests are decided in accordance with the law to restore the production of the permitted bankrupt enterprises, and the managers are required to coordinate the social forces and help the enterprises resume production as soon as possible and fight against the epidemic situation.

In January 30th, after Sheng Hong Group understood the situation, the first time to lend a helping hand. "The group has set up a special account for epidemic prevention and allocated 30 million yuan to ensure that the medical and nursing supplies enterprises can resume production capacity as soon as possible." Gao Sujian, deputy party secretary of Sheng Hong group, introduced that after knowing that a bankrupt medical and nursing enterprise had the ability of resuming production, they first started docking, providing all-round guarantee from the aspects of capital, raw material procurement, equipment procurement, personnel and operation, so as to ensure that enterprises could resume production as soon as possible.

On the afternoon of February 3rd, the reporter saw in the gang song company that the first batch of 500 kilograms of KN95 and disposable non-woven fabric masks were in place, and the production equipment that had just arrived for purchase was also formally put into operation. "We have stopped production for more than a year, this time from the government permission to raw materials, equipment and personnel in place, in less than 4 days to allow the first production line can be put into production, this speed I did not expect." Jiang Hongyuan, general manager of Polytron Technologies Inc, said: "Sheng Hong is the first time to connect with us, raw materials procurement, equipment procurement and operation funds are in place for the first time, and all production and operation costs before the end of the epidemic are also provided. This is a great guarantee for us. Now that supplies are scarce, we need to increase production capacity if we work overtime. "

Jiang Hongyuan introduced that in February 3rd, the enterprise resumed its capacity. The first production line could produce 20 thousand KN95 respirators and 100 thousand disposable non-woven masks. The following companies will also put into operation KN95, disposable medical masks and disposable non-woven fabric masks 3 production lines, the total production capacity will reach 240 thousand per day.

"As long as enterprises can resume production as soon as possible and solve the problem of shortage of materials, all production and business expenses will be borne by Sheng Hong." Miu Hangen, chairman of Sheng Hong group, said: "the group will make every effort to guarantee the release of rigid pine production capacity, and solve the supply gap and increase investment in a timely and multi-channel way, so as to contribute to the whole society to overcome the epidemic situation." He said that in addition to setting up a special fund to support enterprises to restore their production capacity, the group will also provide the government with a unified allocation through the way of procurement and donation, so as to provide a guarantee for alleviating the material gap as soon as possible.