Erdos Crisis Continues, Clothing Is Inspected To Have Unqualified Color Fastness To Washing

Recently, Ordos (600295) is not so peaceful, and even can be said to be in a mess with constant crises. First of all, there is a lack of online funds and loans to banks; But now it is a quality problem, claiming that it is a minor problem.

It is said that Ordos is short of funds and continues to provide mortgage loans to banks

On July 19, Ordos (600295) announced that Inner Mongolia Ordos Cashmere Group Co., Ltd., the largest shareholder of the company, pledged its 150 million social legal person shares (14.53% of the total capital stock) to China Construction Bank (601939) Ordos Branch for loans. As the funds were due, it had handled the procedures for the release of the pledge of securities in Shanghai Branch of Zhongdeng Company. At the same time, the Group refinanced the loan from the bank, continued to pledge 75 million social legal person shares (7.27% of the total capital stock of the Company) held by it, and has gone through the pledge registration procedures, with the pledge period of one year.

However, it was this announcement that was questioned by the industry about its poor performance this year, resulting in a financial crisis. It is reported that since the second half of 2011, the performance of Ordos began to decline, especially in the fourth quarter. Based on this, in March, in view of the current macroeconomic situation and the actual performance of the company in the fourth quarter of 2011, Zheshang Securities lowered its performance forecast for 2012. It is estimated that the company's EPS from 2012 to 2014 will be 1.12 yuan, 1.49 yuan and 1.88 yuan respectively.

For this, financial expert Han Jiangxue. "If Ordos has money, it will not lend. At the same time, when the performance is profitable, it should repay, rather than continue to mortgage. What does this mean? It shows that the funds are really strained."

However, Ordos has not responded to the query of lack of funds.

Erdos garment quality black list company called it a "small problem"

Although there was no response to the crisis of lack of funds, there was a response to the recent quality crisis, which was just chilling.

Recently, the Shanxi Provincial Bureau of Quality Supervision issued the Notice on the Results of Spot Check of Shanxi Provincial Product Quality Supervision in the First Quarter of 2012. This time, a total of 40 batches of casual clothes were supervised and spot checked, and 13 batches were unqualified. The unqualified items were fiber content and color fastness. The problem clothing detected in Erdos is the men's clothing series produced by its Beijing Erdos Clothing Co., Ltd., and the unqualified item is color fastness to washing.

It is understood that the color fastness is dyeing clothing The evaluation criteria for color retention fastness mainly include color fastness to washing, dry rubbing, wet rubbing, alkali perspiration, acid perspiration, water and other indicators. Clothing with substandard color fastness is likely to lead to the transfer of dyes from textiles to human skin. Under the catalysis of bacteria and biology, it may become a predisposing factor for human lesions, which is likely to cause harm to human health. At the same time, clothing with poor color fastness is easy to shed pigments when encountering water, sweat or saliva. Therefore, the color fastness to washing has become one of the key testing items of Shanxi Provincial Bureau of Quality Supervision.

However, such a major crisis has become a minor problem in Ordos.

It is reported that a person in charge of clothing inspection of Ordos Group said: "The company has not received the inspection report from Shanxi Provincial Bureau of Quality Supervision. It is unreasonable for Shanxi Provincial Bureau of Quality Supervision to notify the enterprise of the 15 day re inspection period. Moreover, even if the company's products have problems with color fastness to washing, it is also a minor problem, which will not affect the wearing."

"If enterprises are like Ordos, what's the sense of security? Besides, you said that it was a small problem, which would not affect your dress. You really worried about your quality and safety," said Ms. Li, a consumer.

Comments on the first agricultural economy: First, there was a shortage of funds, and now there is a quality crisis. It is really a wave of ups and downs. Ordos is doomed to be in trouble recently. Therefore, investors are advised to be cautious under the stimulation of unstable factors.