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    Jiangsu Nantong Traditional Textile Knockout &Nbsp; SME Business Overall Decline

    2011/12/26 10:12:00 11

    Traditional Decline Of Nantong In Jiangsu

    Nantong is a famous textile town in the whole country. Facing the complicated and changeable economic situation in recent years, how does the textile enterprise in Nantong operate? Recently, the reporter visited a survey and felt that it belonged to the "ice fire" situation.

    On the one hand, some large well-known textile enterprises show a good momentum of steady growth; on the other hand, some small and medium-sized enterprises.

    Spin

    Enterprises are experiencing a general decline in operating conditions, and some even face the dilemma of closing.


    Leading enterprises' growth in "adversity"


    As we all know, Nantong is one of the most famous textile and textile export bases in the country, and textile and clothing is the largest industry.

    According to statistics, in 2010, Nantong's textile and clothing sales reached more than 5 million yuan in scale of 2851.

    In the first three quarters of this year, the textile and garment industry achieved sales revenue of 134 billion 225 million yuan, an increase of 18.13%.

    Nantong Bureau of Statistics said that the objectives and tasks of this year have been well completed.


    Reporters learned that, as the top sales share of Nantong textile and garment enterprises last year, the joint venture shares jumped in the first three quarters of this year. The reports of listed companies show that: in the first three quarters of this year, the joint stock company achieved sales of 2 billion 25 million yuan, an increase of 29.95% over the previous year, the total profit was 262 million yuan, an increase of 42.18% over the same period last year, and the foreign exchange earning 214 million US dollars, an increase of 42.11% over the same period last year.

    "Enterprises face severe challenges this year, international market turbulence, financial instability, foreign purchasing power decline, domestic labor costs continue to rise, raw material prices such as cotton are unstable, which is very stressful for our export oriented foreign trade enterprises."

    MediaTek

    Spin

    Yao Guiguo, the manager of the company, believes that although the business operation is growing steadily, the pressure is still enormous.


    "In the first three quarters of this year, we achieved operating income of 1 billion 630 million yuan, an increase of 43% over the same period last year, and net profit of 280 million yuan, an increase of 51% over the same period last year."

    Roley, chief investment officer of home textiles Limited by Share Ltd, admitted that now the competition space of home textiles is getting smaller and smaller. As a leading position, Roley's home textile market is still not high.


    The situation of small and medium sized textile enterprises is worrying.


    Compared with these listed companies and leading enterprises, many small and medium sized textile enterprises in Nantong are faced with difficult business difficulties.

    Nantong China Textile Manufacturing Co., Ltd. is a small and medium-sized textile enterprise, Cao Jian, general manager, told reporters that the company is a textile enterprise which is mainly composed of order production and printing and dyeing. This year, influenced by the international environment, orders have been greatly reduced, and the operation of the enterprises has been greatly affected. The operations in the first three quarters of this year are barely smooth.


    Reporters learned that, like Cao Jian,

    enterprise

    To be fair, it is also well done, and more enterprises operate at "zero" profit or even at a loss.


    "It is a loss, not to stop at all."

    Ge Zujie, the boss of Nantong ocean Textile Co. Ltd., runs a small textile company. Last year, when the textile market flourishing, he earned about 10000000 yuan a year.

    This year, the market has plummeted, export orders have dropped sharply, sales and sales profits have been falling simultaneously, and his small companies have been severely affected.


    Ge Zujie told reporters that last year, soaring prices of raw materials, many textile enterprises like buying stocks, like a gust of wind to catch up, stepped up the hoarding of cotton yarn, he also joined the hoarding team.

    However, I did not expect this year's cotton yarn price to go down like a roller coaster, down from 40 thousand yuan per ton to 10 thousand yuan last year.

    "Many stocks have not been digested until now, but now they are produced with high price cotton yarn, low price sales, coupled with the sluggish market, and the days are tough, but they dare not stop production."

    In the face of the rumble of the loom in the workshop, Ge Zujie was not happy.


    In Ge Zujie's words, production is now being carried out.

    Because, if we do, we will lose money and lose money.

    As soon as the production is stopped, the workers are all gone, and it will cost a lot to train them again.

    In addition, if the machine stops production, the rust will not be able to start, and the loss will be greater.


    Ge Zujie said, now the market downturn, the biggest problem facing their industry is the problem of capital, when the raw materials need full funds, while shipments are difficult to return the money, banks are reluctant to lend to them.

    This year, many enterprises are facing difficulties because of their capital problems. Many small textile enterprises have been forced to go bankrupt.

    However, Ge Zujie stressed that the difficulties will not be too bad for his workers. He believes that the market will get better and look forward to early recovery.


    Small and medium enterprises expect policy tilt


    For the predicament of small and medium-sized enterprises, part of the external view is that

    credit

    The tightening of policies has led to the rapid raising of financing difficulties and financing costs of SMEs, which has seriously affected the development of enterprises.


    A bank employee who does not want to be named said that many small and medium-sized textile enterprises have no fixed assets as collateral, and the market is unstable, so it is difficult to obtain loans.

    He said that at present, they only lend money to high-quality enterprises or large enterprises.

    This bank personage introduces, according to him, for some of the current difficult industries, the banks that had been lending before were also very nervous, and some even urged loans.

    He believes that for banks, this is understandable, banks must take into account the risks.


    According to Chang Fang Xue Zhong, a small and medium-sized enterprise in the Nantong Municipal Commission of letters and commissions, there are some factors affecting the performance of some generation or small and medium-sized enterprises, such as the rising labor costs, the large turnover of employees, the price fluctuation of raw materials, and the tight financing environment. However, with the government's policy of accelerating industrial pformation and upgrading and the policy of supporting the development of small and medium-sized enterprises, the upgrading trend of the textile industry will accelerate in the future.

    The industry believes that in the current economic environment, the government should give these places.

    Economics

    The small and medium enterprises that contributed more guidance and policy tilt helped them tide over the difficulties.

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