Small and medium-sized shoe enterprises frequently make bankruptcy crisis urgently need to break through

Since the beginning of this year, macro-control has continued to deepen and monetary policy has continued to tighten. The central bank has raised the deposit reserve ratio six times in succession, and many SMEs are facing a severe challenge.

Earlier media reports said that Guangzhou garment manufacturers stopped production due to insufficient orders, and three well-known Wenzhou companies were on the verge of bankruptcy due to reasons such as the boss’s escape or poor management...

Similar to the crisis faced by SMEs in other provinces and cities, many SMEs in Sichuan have also encountered difficulties. “Rising raw material prices, rising labor costs, lower and lower profit margins, and difficult loans... SMEs face many challenges,” said Chen Yang, deputy secretary-general of the Sichuan Association for Small and Medium Enterprises.

Summary>>

â–  In the first two months of this year, the loss of SMEs above designated size reached 15.8%, with a growth rate of 22.3%.

â–  From January to May of this year, the export volume of Sichuan's clothing and footwear had a negative growth, Sichuan's footwear exports fell by 9.7% year-on-year, and garment exports plummeted by 58.6%.

â–  In the first three months of this year, the output value of 35 export-oriented enterprises such as glasses, lighters, pens, and locks in Wenzhou dropped by 7% year-on-year, and profits dropped by 30% year-on-year.

â–  In Guangdong, some low-end manufacturing companies such as clothing and footwear have started to close down.

If Yingen continues to tighten 40% of the company will stop production

In late April, the heads of two Wenzhou enterprises in Jiangnan Leather and Portman Foods disappeared. Another cable company, Sanqi Group, collapsed. The three well-known local companies have successively “fallen” in a short period of time, causing widespread media coverage. Concern, "The closure of Wenzhou SMEs" began to circulate. Although the relevant departments in Zhejiang denied that there was a phenomenon of "closed tides" in the small and medium-sized enterprises in Wenzhou, they admitted that they did encounter "difficulty in surviving."

Zhou Dewen, president of the Wenzhou SME Association, said that SMEs have been "in jeopardy." If the current monetary tightening policy does not change, the government will not rescue them. In the second half of this year, 40% of the country's memory SMEs will be discontinued, suspended or even shut down. .

In addition to financing difficulties, changes in the exchange rate of the renminbi have caused considerable trouble for many export companies. The "International Economic and Exchange Rate Policy Report" issued by the U.S. Department of the Treasury pointed out that from June last year to the end of April this year, the exchange rate of Renminbi against the United States dollar has risen by 5.1%.

The appreciation of the renminbi not only weakened the price competitiveness of Chinese products in foreign countries, but also affected the profitability of these enterprises. Labor-intensive export companies are facing increasing pressure.

According to statistical data released this week by Chengdu Customs, from January to May of this year, the export volume of Sichuan's clothing and footwear had a negative growth, Sichuan's footwear exports fell 9.7% year-on-year, and garment exports plummeted 58.6%.

Relevant person in charge of Wuhou Branch of Chengdu Danlu Footwear Co., Ltd. stated that "Since this year, the Chengdu shoe industry's border trade orders have plummeted by 50%. As far as I know, a small shoe factory fell nearly 10% in one year."

According to statistics from the Wenzhou Municipal Economic and Trade Commission, in the first three months of this year, the output value of 35 export-oriented enterprises such as Wenzhou glasses, lighters, pens and locks fell by 7% year-on-year, and profits dropped by 30% year-on-year. Another similar situation has emerged in Guangdong, another major export province, where the low-end manufacturing companies such as clothing and shoes in the Guangdong region have encountered difficulties in their operations. A large number of companies have been forced to suspend work or stop work. Some companies have already closed down.

【Ice】

Difficulties in recruiting for financing difficulties for local SMEs

SMEs encounter difficulties in survival is not just a special case of Wenzhou or coastal areas, according to statistics released recently by the Ministry of Industry and Information Technology show that in the first two months of this year, the size of small and medium-sized enterprises above the scale of loss reached 15.8%, the growth rate of losses reached as high as 22.3%.

Some SMEs in Sichuan also encountered varying degrees of operational difficulties. In early June, under the organization of Chengdu SME Service Alliance and Chengdu Industrial Economic Association, the Chengdu Garments (Apparel) Industry Association and other three associations gathered together with more than 40 business leaders from the fields of textiles and machinery to surround Chengdu. How SMEs break out from the predicament of current development" topics to discuss. Among them, financing difficulties and recruitment difficulties have become the two major problems that the company is responsible for people's hot issues.

Chen Yang believes that capital, market, and human resources are the major issues facing SMEs. Chen Yang said that when it comes to competition for human resources, the strength of funds determines that SMEs are often at a disadvantage. “Wages cannot be too high. Compared with state-owned enterprises and government departments, they do not have a stable advantage, and they are less attractive to outstanding talents.”

Tang Xiaosong, a person in charge of a management consulting firm in Chengdu, stated that the market discrimination faced by SMEs is also an important reason for its operational difficulties. “Large orders such as government procurement are generally state-owned enterprises or large enterprises to 'cake', and small and medium enterprises. Businesses basically have nothing to do. Breaking market discrimination is crucial for SMEs to get more orders."

【save】

SMEs are victimized by consumer failures

If large companies are "giant," compared with SMEs, especially small businesses are just "ants." Although "ant" is small, it is closely related to the national economy and people's livelihood.

According to the data from the National Development and Reform Commission in 2008, there are 42 million SMEs in China, accounting for 99% of the total number of enterprises, providing nearly 80% of urban jobs. The gross value of SME production accounts for 60% of the country's total output value. The total amount of taxes turned over accounts for 50% of the total national tax revenue. 65% of invention patents and 80% of new products in the country are all developed by SMEs. "If the SMEs collapsed in large numbers, the final victims would certainly be consumers," said Chen Yang.