Haining'S Textile And Leather Enterprises "Gold Rush" Import Resources

Faced with adverse factors such as RMB appreciation and export tax rebate reduction, how can enterprises seek new development?

Two key export enterprises in Haining have chosen to turn gold from the import resources business to create a new way for enterprises to achieve sustainable development.

In the overseas investment credit support mechanism jointly established by the national development and Reform Commission and China's export bank, "overseas resources development projects that can make up for the shortage of domestic resources" are listed as the first item.

With the accelerated pace of RMB appreciation and the adjustment of the national export tax rebate policy, Zhejiang Sen Qiao Industrial Group Co., Ltd., which has been exporting to the forefront of leather industry in recent years, always has a clear understanding of the difficulties that enterprises will soon face.

From May to December last year, the head of the company went to Brazil, South America several times, and made a careful investigation and investigation of the abundant, cheap land resources, natural climate and market.

At the beginning of this year, the company formally decided to invest 9 million US dollars to establish Zhejiang Fu Di Agriculture Co., Ltd. and invest in Brazil.

According to the introduction, Zhejiang Fu Di Agriculture Co., Ltd. will select 100 villagers with strong sense of responsibility and diligence and health from the Huafeng village of the town of oblique bridge in Haining, and organize them to set up farms in Brazil to participate in agricultural development. They are engaged in soybean, tobacco and tree planting respectively, and the industrial chain will eventually involve planting, oil extraction and so on.

At present, the first batch of farmers to Brazil is going through the examination and approval procedures. The company also applies for an additional capital of 9 million 800 thousand US dollars.

In contrast to the cross bridge group, the Zhejiang Ji en industrial Limited by Share Ltd, which mainly exported textile and apparel, moved to import resources business earlier.

In August 2006, with the approval of the Ministry of Commerce, we invested $5 million 800 thousand in the Democratic Republic of Congo, and founded Congo (gold) Lida Mining Co., Ltd., mainly engaged in the production of finished copper smelting, import and export of metal minerals and finished copper.

In the same year, an annual output of 5000 tons of wet copper smelting project was put into operation.

Since last year, in response to the new changes in the domestic macro-economic environment and the RMB exchange rate and capital market, the company has seized the opportunity to increase its capital by 29 million 170 thousand US dollars, and the production of 10 thousand tons of cathode copper in the copper cobalt mine. It has treated 140 thousand tons of low copper ore and 30 thousand tons of high copper ore annually, and has become the largest overseas investment enterprise in Jiaxing at present, and has gained 500 thousand yuan of national interest discount funds.

According to statistics, in a short span of more than a year, Congo (gold) Lida Mining Co., Ltd. has shipped back from the Congo (Jin) the copper ore with a domestic value of 8 million 40 thousand US dollars and a copper product worth 3 million 910 thousand US dollars, which not only made up for the demand of the domestic copper market, but also made the enterprise get better economic benefits.

Driven by this good trend, second enterprises in Haining to open the copper mine in Congo (Jin) are also applying for approval.