Textile And Garment Industry Credit Rating List Released

"In August last year, the China Textile Industry Association was approved by the Ministry of Commerce and the SASAC to become a pilot unit for evaluating the credit rating of the industry. After half a year's preparation, a press conference was held in March 15th this year to formally launch the credit evaluation of the industry.

According to the unified arrangement of the two ministries and commissions, the China Textile Industry Association has evaluated the first batch of 31 AAA level credit enterprises in the textile and garment industry after careful organization and standardized operation.

At the launch of the first batch of enterprise credit rating evaluation results in June 8th, ye Zhimin, the director of the credit office of China Textile Industry Association, summarized and reviewed the work done by the association in carrying out the enterprise credit evaluation work in the report entitled "carrying out the enterprise credit evaluation and promoting the credit construction of the textile industry".

Meticulous organization and standardized operation

Ensure the quality of credit evaluation work

"China Textile Industry Association strictly carries out credit evaluation work in phases according to the requirements of the two ministries and commissions."

In his report, Ye Zhimin introduced the contents of various stages of enterprise credit evaluation.

The main task of the preparatory stage is to do well the basic preparatory work for the credit evaluation of the industry.

A credit evaluation committee composed of leaders of associations and heads of professional associations shall be established to lead the credit evaluation work.

The committee set up a credit office to take charge of specific work.

In the light of the actual situation of the development of the textile industry, the credit office has drawn up the work plan and system of the credit evaluation, organized research and evaluation methods and evaluation index system, established the credit evaluation expert database, and organized the development of the online evaluation and scoring system.

After the establishment and improvement of relevant management methods, evaluation standard system and overall work plan, and the filing of two ministries and commissions, the credit rating of textile enterprises was officially launched.

The second stage of evaluation is to accept the stage of enterprise evaluation.

A large number of textile and garment enterprises have sent telecom operators and professional associations to consult the enterprises for evaluation.

All professional associations and local industry associations also actively publicize in the local area of the industry, and recommend their affiliated enterprises to participate in the review.

The stage of preliminary evaluation and publicity is the substantive stage of evaluation.

The association's credit office recognised the integrity and accuracy of the enterprises' evaluation materials, organized and evaluated the experts for examination and evaluation, put forward evaluation opinions, and wrote preliminary evaluation reports.

The credit office promptly publicized the preliminary evaluation results on the China Textile credit network and the Ministry of Commerce's anti commercial fraud website, and openly consulted all social parties' opinions. After the expiration of the public notice, the comments and publicity of the comprehensive experts were brought to the association credit evaluation committee for final consideration.

In the final evaluation and filing stage, the association credit evaluation committee considered the preliminary evaluation results and public opinions submitted by the association's credit office to 31 enterprises, and submitted the final evaluation results to the two ministries and commissions for the record.

"The first batch of industry credit rating AAA credit evaluation results released today is the result of the objective and fair evaluation of enterprise credit by the China Textile Industry Association in accordance with the standardized procedures and meticulous organization and standardized operation."

Ye Zhimin pointed out that the result of credit rating evaluation is recognition of the ability of the participating enterprises to fulfill their economic commitments in the past three years and the compliance and trustworthiness behavior. The textile industry association and the professional associations will publish the evaluation results on the relevant websites throughout the year.

The result of publicity credit evaluation is not only a commended and honest and trustworthy enterprise, but also an effective way to strengthen social supervision.

Help and strengthen, promote experience

For the integrity of enterprises

"From the first batch of industry credit rating AAA enterprises comprehensive credit situation, these enterprises are representative and exemplary in the industry."

According to Ye Zhimin analysis, these enterprises are not only widely distributed in 10 industries, but also cover different scale and ownership systems such as state owned, private and stock listed enterprises, including various production and operation modes such as concentration, production + trade, technology pformation and so on.

At the same time, these enterprises have many common characteristics: for example, they generally attach importance to the construction of internal credit, attach importance to the cultivation and promotion of enterprise management ability, attach importance to corporate social responsibility construction, enterprise culture construction, attach importance to product technology development and innovation input, attach importance to product quality, pay attention to management marketing and product services of independent brands, and have strong concept of strategic innovation and development.

The first batch of quantitative financial indicators that obtained AAA level enterprises of the industry credit rating showed that these enterprises had strong solvency, good profitability and capital operation ability. From the past three years, the growth rate of net assets, the growth rate of main business income, the proportion of new product output value and the proportion of R & D investment showed that these enterprises had stable development potential.

At the same time, these enterprises are eager to participate in and support the work of the industry, fulfill their obligations, and most of them become the leading enterprises in the industry.

Ye Zhimin stressed: "evaluation is not an end. Only when the evaluation results are promoted and applied can the evaluation be meaningful."

The enterprises that have obtained the evaluation results can display the evaluation results in accordance with the law according to the law in the process of production, operation and business development of the enterprises, fully displaying the credit image of enterprises, and making the results of credit evaluation become an important means for the development of enterprises.

The association will publicize the credit evaluation results through various media and publicize the credit management experience of the industry credit enterprises, and the various units and departments of the association will also actively promote and apply the results of the industry credit evaluation in their respective business areas.

The anti commercial fraud network of the Ministry of Commerce will show the results of the annual dynamic credit evaluation. The Ministry of Commerce and the SASAC will also compile the list of credit enterprises all over the country each year to the relevant government departments, financial enterprises, embassies and business organizations in China to promote credit evaluation results.

Conscientiously sum up and improve continuously

Strive to improve the service level of the Association

The validity period of enterprise credit evaluation is 3 years, and the annual credit condition of the enterprise is examined annually.

The purpose of the annual review is to encourage enterprises to attach importance to their credit construction and improve their credit management.

The China Textile Industry Association will continue to conscientiously summarize the first batch of credit evaluation pilot work in accordance with the requirements of the two ministries and commissions on credit evaluation work, organize the study of a more scientific and more suitable industry evaluation index system for the textile industry characteristics, optimize the online evaluation system, provide more convenient and convenient evaluation services, strictly implement various management systems, standardize operation, and continuously improve the quality and service level of the credit evaluation work in the industry.

"The issuance of the credit rating evaluation results of the first batch of textile and garment industry marks an important step in the construction of credit industry in the textile industry. This work is a concrete manifestation of the service industry of the association and fulfilling the Self-discipline Function of the industry."

Ye Zhimin said that the textile industry association will continue to carry out the credit rating evaluation as a daily work for a long time. It will accept the voluntary assessment of member enterprises throughout the year and publish the evaluation results two times a year, so as to promote the extensive and in-depth development of the credit industry in the textile industry. Welcome the majority of textile and garment enterprises to actively participate in the work, and work together to advance the credit construction of the textile industry, and contribute to the goal of building a textile power.