The Largest Textile Giant In East China -- Bankruptcy Of Bao Li Jia Group

East China is the largest

Big business - Po Li Jia group stop production news, causing industry uproar, sigh!

Because of the poly.

The collapse has brought great losses to the government and the vast majority of Po Li Jia employees. Now the county government will pay for the compensation of employees by selling the products of Bao Li Jia stock. The wage plan will be distributed before August 10th in June.

In July 31st, the chairman of the company published the notice on the company's mail system to inform the community and the staff of Bao Li Jia.

This article tells of a disastrous blow to a general manager.

The government's commitment to credit funds is not in place, businesses are being played, cash flow shortages and other business problems.

There may be other factors in the actual situation, but in the past few years, it is not easy to be a real boss.

Notice to all sectors of society and Po Li Jia staff

The staff of Bao Li Jia and friends from all walks of life:

Today, Bao Li Jia encountered an unprecedented disaster, let everyone suffer, scared.

Some of the staff's wages and benefits have not been received, and there is no clear borrowing from friends from all walks of life. Here I express my sincere apology.

The following are the basic reasons for these reasons and my own views:

1, from last year to now, the group has been chosen by various companies.

Institutions are collecting loans, loans are 200 billion yuan, and equipment leasing costs are more than 100 billion yuan. In the course of one year, the 300 million yuan cash flow is reduced.

2, important funds for investment agreements in Lu'an and Chuzhou have not been fulfilled. Among them, the investment agreement of Lu'an economic and Technological Development Zone promises to settle 420 million yuan of credit funds for Lu'an's Bao Li Jia project, which has been invested for seventh years. The credit funds received by enterprises are only 20 million yuan of Liu Annong's business, which is only a fraction of the promise of the agreement.

As a result, the company's operating rate is insufficient, resulting in annual losses and the tax agreement on the development zone's agreement.

The Chuzhou Development Zone has also promised to solve the 60 million yuan of credit funds per workshop. Last year, 4 workshops have been put into operation last year. The credit funds for enterprises should be 240 million yuan. In fact, only 10 million yuan of loans from Chuzhou Bank of China is actually available. The 20 million yuan loan of Chuzhou Industrial Bank has been fully collected by this June 18th.

3, in order to maintain the livelihood of the enterprises, I have tried to borrow 73 million yuan from the public circle of the society. Until now, the resources have all withered and they are also carrying one debt.

4, financial institutions' unrestrained loans and loans have led to a serious lack of start-up rate and serious losses.

5, at present, the storage materials in Lu'an are enough to provide staff salaries and benefits, and Chuzhou stocks are scarce, so we need to rely on the government to solve the problem.

Hongze and Taicang also need the government to solve some of the problems, so as to give employees and the community a lot of trouble, please forgive me.

6, I also hope that financial institutions can understand the difficulties of enterprises and take account of the overall situation. They should not be unrestrained in collecting loans and loans, or injuring others.

It is also hoped that all development zones can be invests in good faith, and enterprises can not invest in anything.

A Bao Jia Jia is not dreadful to fall down. If many enterprises encounter the same fate of Po Li Jia, it will bring great influence to social stability.

7. Because of my own reasons, people have lost their confidence in Bao Li Jia. I hope that the employees and all walks of life do not lose heart, and do not worry. Even if I do not have the ability to operate this enterprise, I believe that the future treasure will have a better ability to manage the enterprise, because I do not control the ability of the enterprise, and cause the troubles and perplexity of the friends and staff of all walks of life of the community to express deep apology!

I hope you can relax in the hot summer and have a good rest and wait for the good news.

If I am lucky enough to be able to stay with you, I will try my best to work, and I hope you can continue to support me.

I believe that the government can coordinate and deal with these problems. Finally, I wish you all peace and prosperity.

Ge Fuchun, Po Li Jia

2015-7-31

Every employee should thank your boss, especially the two years when the industry is poor.

You may never know that your boss is in hot water when you play with your cell phone. You may never know when your salary is calculated, your boss is signing the next IOU.

The owners of private enterprises in China have solved over 80% of the employed population in China.

However, more than 80% of China's private business owners are faced with corporate bankruptcy risks and legal risks.

When the typhoon is over, it must be the captain himself that the crew can escape, but the captain can't bear his boat.

Please take good care of your boss. He is really not easy!