This Year, More Than 200 Textile And Surrounding Enterprises In Suzhou Went Bankrupt, And The Amount Of Bankruptcy Was About 7000000000.

The textile industry is facing a severe market. The owners of textile enterprises generally find it difficult to do business. The boss runs frequently. For the textile industry, the industry has just begun in winter, and the test will be intensified.

The market is short of demand, insufficient demand, low operating rate, environmental protection policy, trade war and so on, behind which is the common suffering of many small and medium-sized textile enterprises.

Recently, in Suzhou information management network search found that: from January 1, 2018 to date, the Suzhou management information released in the disposal of publicity, involving textile, chemical fiber industry, a total of 205, because of bad assets led to bankruptcy, involving principal and interest amounted to 7 billion yuan, 90% of which came from Wujiang and Changshu.

Non performing assets refer to assets net loss and potential loss (capital) debit that have not yet been dealt with by enterprises, and the estimated amount of loss of various kinds of troubled assets that should not be mentioned in accordance with the financial accounting system.

The bad assets of banks are often referred to as bad claims, among which the most important ones are bad loans, including overdue loans (loans to loans not yet to maturity), sluggish loans (overdue loans for more than two years) and bad loans (three loans that need to be written off).

According to the publicity issued by Suzhou Information Management Bureau, it is found that most of the reasons for the bankruptcy are due to the bad loans of banks.

It is worth noting that among the 205 bankrupt enterprises, there are nearly 1000 enterprises that guarantee it.

In fact, it is also a risk to make loan guarantee for other enterprises.

Last year, 9 enterprises in Feng Qiao Town, Zhuji, Zhejiang, shut down, and 7 of them were textile and garment factories.

In some clothing enterprises in the town, these enterprises have closed down one after another. The most direct reason is the involvement of financing guarantee.

A town in maple bridge, Zhuji

Mr. Zhang, director of the factory office: because of his debt, you must guarantee that the company will repay it. If a business goes bankrupt, the bank will give me credit to lower it, and it will be pumped out, and it will produce a Domino domino effect.

Now more and more companies are bankrupt in the chemical fiber and textile industry due to the improvement of labor wages, welfare improvement, raw material prices, coupled with the increase of various taxes and fees, restrictions on environmental protection policies and the spread of trade wars.

But this is an era without innovation and death. The traditional textile industry needs continuous innovation, and the market can be occupied by new products and technologies. Besides, attention should also be paid to speed and service.

Facing the increasingly globalized and open textile market, any country or any textile enterprise is facing opportunities and challenges.

In the next few years, the speed of reshuffling will be faster and faster, no matter in foreign countries or in China.

The "collapse tide" is not what we would like to see. But the emergence of collapse is like a head-on blow. It awakens the domestic textile industry and tells the domestic textile enterprises that we have reached a very special stage. If we continue to expand blindly, we will eventually be "destroyed".

So domestic textile

We must learn to think and learn to be flexible so that we can make another "sky" in such a bad environment.