PPE

Frequent bankruptcy crisis of small and medium-sized shoe enterprises

since the beginning of this year, with the deepening of macro-control, the tightening of monetary policy, and the central bank raising the deposit reserve ratio six times in a row, many small and medium-sized enterprises are facing a severe challenge

according to previous media reports, Guangzhou garment manufacturers stopped production in large areas due to insufficient orders, and three well-known enterprises in Wenzhou were on the verge of bankruptcy due to the boss’s escape or poor management…

similar to the crisis faced by small and medium-sized enterprises in other provinces and cities, many small and medium-sized enterprises in Sichuan also encountered difficulties” Small and medium-sized enterprises are facing many problems, such as rising raw material prices, rising labor costs, lower and lower profit margins, and difficult loans. ” Chen Yang, Deputy Secretary General of Sichuan SME Association, said

summary

in the first two months of this year, the loss area of small and medium-sized enterprises above Designated Size reached 15.8%, and the growth rate of loss amount was as high as 22.3%

from January to May this year, the export volume of Sichuan’s clothing, shoes and boots showed a negative growth, and the export volume of Sichuan’s shoes and boots decreased by 9.7% on a year-on-year basis; Clothing exports fell sharply by 58.6%.

in the first three months of this year, the sales value of 35 export-oriented enterprises in Wenzhou, such as glasses, lighters, pens and locks, decreased by 7% year-on-year, and the profit decreased by 30% year-on-year

some of the low-end manufacturing enterprises in Guangdong, such as clothing and shoes, have begun to close down

if money continues to tighten, 40% of the enterprises will stop production

in late April, the responsible persons of two Wenzhou enterprises, Jiangnan leather and Portman catering, disappeared, and another cable enterprise, Sanqi group, went bankrupt. These three well-known local enterprises “collapsed” one after another in a short period of time, which attracted widespread media attention. The saying that “Wenzhou Small and medium-sized enterprises are going bankrupt” began to spread. Although the relevant departments in Zhejiang deny that there is a “tide of bankruptcy” phenomenon in Wenzhou’s small and medium-sized enterprises, they admit that they do encounter “survival difficulties”

Zhou Dewen, President of Wenzhou Small and Medium Enterprises Association, said that small and medium enterprises are “at stake”. 1f the current monetary tightening policy does not change and the government does not help, 40% of the domestic stock of small and medium enterprises in the second half of this year will stop production, even close down

in addition to the difficulty of financing, the change of RMB exchange rate has also caused a lot of troubles for many export enterprises. According to the report on international economic and exchange rate policy issued by the US Treasury Department, the exchange rate of RMB against the US dollar has appreciated by 5.1% from June last year to the end of April this year

the appreciation of RMB not only weakens the price competitiveness of Chinese products abroad, but also affects the profit level of these enterprises. Labor intensive export enterprises are facing more and more pressure< According to the statistics released by Chengdu Customs this week, the export volume of Sichuan's clothing, shoes and boots showed a negative growth from January to May this year, with a year-on-year decrease of 9.7%; Clothing exports fell sharply by 58.6%< According to the relevant person in charge of Wuhou Branch of Chengdu Danlu Shoes Co., Ltd., "since the beginning of this year, the frontier trade orders of Chengdu shoes industry have dropped by 50%. As far as 1 know, the number of small shoe factories has dropped by nearly 10% in one year."< According to the statistics of Wenzhou Economic and Trade Commission, in the first three months of this year, the sales value of 35 export-oriented enterprises in Wenzhou, such as glasses, lighters, pens and locks, decreased by 7% and profits by 30% year on year. Guangdong, another big export province, also has a similar situation. Low end manufacturing enterprises such as clothing and shoes in Guangdong are generally facing difficulties in operation. A large number of enterprises have been forced to stop work, and some of them have begun to close down [freezing] financing difficulties and recruitment difficulties, local small and medium-sized enterprises are in urgent need of breakthrough the survival difficulties of small and medium-sized enterprises are not only the special case of Wenzhou or coastal areas. According to the Statistics recently released by the Ministry of industry and information technology, in the first two months of this year, the loss of national small and medium-sized enterprises reached 15.8%, and the growth rate of loss amount was as high as 22.3% some small and medium-sized enterprises in Sichuan have also encountered different degrees of business difficulties. 1n early June, under the organization of Chengdu SME Service Alliance and Chengdu 1ndustrial Economic Federation, Chengdu garment (clothing) 1ndustry Association and more than 40 enterprise leaders from textile, machinery and other fields gathered to discuss the topic of “how to break through the current development dilemma of Chengdu SMEs”. Among them, the difficulty of financing and recruitment has become the two hot issues of enterprise leaders< According to Chen Yang, capital, market and human resources are the main problems faced by small and medium-sized enterprises. Chen Yang said that in the competition for human resources, capital strength determines that small and medium-sized enterprises are often at a disadvantage, "wages can not be too high, compared with state-owned enterprises and government departments, they do not have stable advantages, and they are less attractive to excellent talents."< Tang Yisong, head of an enterprise management consulting agency in Chengdu, said that the market discrimination encountered by small and medium-sized enterprises is also an important reason for their business difficulties. "Large orders such as government procurement are generally made by state-owned enterprises or large enterprises, which basically has nothing to do with small and medium-sized enterprises. Breaking market discrimination is crucial for small and medium-sized enterprises to obtain more orders. " [rescue] it is consumers who suffer from the collapse of small and medium-sized enterprises if large enterprises are “giants”, compared with them, small and medium-sized enterprises, especially small enterprises, are just “ants”” Although “ants” are small, they are closely related to the national economy and people’s livelihood< According to the data of the national development and Reform Commission in 2008, there are 42 million small and medium-sized enterprises in China, accounting for 99% of the total number of enterprises, providing nearly 80% of urban jobs. The gross output value of small and medium-sized enterprises accounts for 60% of the total national output value, the total amount of tax paid accounts for 50% of the total national tax, 65% of the invention patents and 80% of the new products are developed by small and medium-sized enterprises" 1f a large number of small and medium-sized enterprises go out of business, the ultimate victims will surely be the vast number of consumers. " Chen Yang said

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