Another Round Of Collapse Tide Shoe Enterprises Need Transformation

According to the statistics available, there are ten manufacturing industries in Wenzhou collapsed every year since 2009. In 2011 alone, Wenzhou There were hundreds of businesses that were missing, bankrupt and paid. Such as Wenzhou's three famous flag group, Portman and Jiangnan. Leatherwear And a number of private enterprises. Among these bankrupt enterprises, Wang Yuejin, who has "one generation of shoe king", has run away with 2 billion of his debts, and has brought tremendous shock and influence to and outside the industry.

August 16, 2009, hegemony footwear industry Some of the workers are still busy with production. A vice president suddenly announced that according to the boss Wang Yuejin, the enterprises stopped working. This factory has been built for 15 years, and the shoe factory in Wenzhou is the first shoe factory to be described as "sudden death" by the local government. At that time, Wang Yuejin, known as the "shoe king" by the public, had been "evaporated" for a long time. According to the information released later, the bullying group was in arrears with 4 local bank loans totaling 106 million 500 thousand yuan, and about 7000000 debtors (registered suppliers) owed 49 debtors. In addition, a well-known clothing company in Wenzhou secured a loan of 40 million yuan.

In September 22, 2011, Hu Fulin, chairman of Wenzhou Xintai group, the biggest eyeglasses enterprise in Zhejiang, suddenly declared bankrupt to the workers through their subordinates, and fled to the world alone. The industry predicted that he had already lost 2 billion of his debts when he fled. His debt relations involved nearly 10000 people and dozens of enterprises, including Xintai and downstream businesses and creditors. This incident triggered a major earthquake in Wenzhou's business community.

In September 25, 2011, 3 Wenzhou business owners fled at the same time. In the afternoon of September 27th, the owner of Wenzhou Zheng Deli shoe industry jumped off and died from the debt problem from the 22 floor of Shun Jin mansion in Wenzhou. There is even a "bankruptcy list of enterprises in Wenzhou" on the Internet. On the list, only 2011 enterprises in Wenzhou have gone bankrupt, 22 of which are well-known local shoe factories, hardware factories and spectacles factories. Although some enterprises came out to refute rumors, they said they were still producing, but for a while, the local people in Wenzhou were in a state of panic.

"This year's situation is not good, more than half of the enterprises can not get the list of early holidays. After the Spring Festival next year, the form is even more serious. Many manufacturing enterprises have to stop production, and it will be a wave of closure. " Zhou Dewen, vice president of China Association for SME Cooperation and President of Wenzhou SME Development Association, said.

In the 90s of last century, it was the "golden ten years" for the rapid development of Wenzhou's manufacturing industry. At peak time, 30% of the country's clothing and shoes and 90% of the world's lighters were produced in Wenzhou. After 2000, affected by the global economic downturn, coupled with the slowdown in domestic economic growth and the sharp rise in human costs, manufacturing industry, once proud of Wenzhou people, began to fail.