Dongguan'S Clothing Giant Decided To Close Down Due To Large Sums Of Money Owed By Partners

Recently, a report on the failure of the "Ding Hao wool mill" written by the party and government office of Liaobu town was submitted to the relevant functional departments of our city.

For Ding woolen mill

Arrears of all kinds of payments 130 million

Reporters rushed to the Ding woolen mill yesterday, and there was no one in the factory.

The owner, Han Hao Lin, is a native of Shilong Hang Village, Liaobu Town, Dongguan. He has been doing business in Guan for nearly 20 years.

According to the relevant person in charge of the party and government office of Liaobu Town, there were more than two thousand workers in Dingjia during the heyday.

Even before the incident, the factory had 623 employees.

For the failure of the Ding woolen mill and the boss, the head of the Liaobu municipal Party Administration Office said, "due to poor management, the capital chain has broken the capital chain, and the arrears of employees in May are about 1 million 500 thousand yuan, and they are in arrears with suppliers, banks and so on.

Liaobu town departments believe that the closure of the plant comes from three factors.

On the one hand, the woolen products in the factory are mainly exported to Europe and the United States. Because the European and American markets have been depressed, the factory orders have shrunk, the product market channels have been sluggish, and the business pressure has increased.

Because not being able to actively explore the domestic market, leading to a good leg walking, and ultimately unable to withstand the depression of foreign markets and fall.

On the other hand, in recent years, the cost of producing raw materials and manpower has been rising, which has diluted the profits of enterprises.

In the face of inflationary market environment and bank financing difficulties, Han Haolin, a private entrepreneur, has been borrowing private loans to maintain the operation of the business in order to tide over the difficulties, resulting in a heavy debt burden.

As to how much money is borrowed, we have not yet grasped the specific circumstances.

Besides, making friends with bad friends also requires a certain degree of "life".

It is reported that the factory mainly accepts orders from Hongkong, while Hongkong's partners have long been in arrears with tens of millions of Yuan's huge sums of money, resulting in the breakup of the enterprise's capital chain, and many suppliers have come home to collect debts.

Industry voice

city

It is really difficult to convince enterprises.

But no closures.

"Ding Jia boss walking guy, for the current clothing industry group in Dongguan, it is only a case.

Dongguan has not played a role in the collapse of small and medium-sized garment enterprises.

Gao Yupeng, Deputy Secretary General of Dongguan textile and garment industry association, said that at present, Dongguan's textile and garment industry is facing more severe challenges.

Even some textile enterprises have seen less than 30% of their work started.

However, the vast majority of Dongguan textile and clothing are holding back these difficulties, using our city to encourage enterprises to open up the two market opportunities at home and abroad and seek new breakthroughs.

Gao Yupeng suggested that in the current situation of multiple difficulties, Dongguan's textile and garment enterprises should preserve their strength, and cash should be used for clothing production, research and development, and market development.