The Total Number Of Factories In East China Is Thirty Billion, And The Boss Is Not Running.
According to the reporter's report, the Wenzhou intermediate people's court decided to accept the bankruptcy reorganization case of 6 companies of Chuang Ji group.
As a former star enterprise, Chuang Ji group, as the garment industry profits decline year by year, has continued to expand in order to increase the company's profits, and finally was dragged down by the shipping industry, and was deeply involved in the financial crisis and went bankrupt.
Chuang Ji group, a senior executive, revealed that the 6 bankruptcy companies of Chuang Ji group were involved in a number of enterprises or caused about 30000000000 bad loans to the banks. But Zheng Yuanzhong, the head of the Chuang Ji group, publicly stated that "no way to run, and money to pay back slowly!" the Group executives talked about the boss's choking, and 5000 employees had never had any trouble.
It is hard for a worker to work hard, and the boss is not easy.
The 6 companies of Chuang Ji group were bankrupt and reorganized.
According to the reporter's report, the Wenzhou intermediate people's court separately adjudication of 6 bankruptcy reorganization cases of Wenzhou Zhuang Ji clothing Sales Co., Ltd., Wenzhou Wenzhou Group Industrial Park Co., Ltd., Zhuang Ji Group Co., Wenzhou Zhuang Ji Real Estate Co., Zhejiang Zhuang Ji Shipping Co., and Wen Zhouyuan East Shipping Co., Ltd.
The bankruptcy reorganization of the 6 companies of Chuang Ji group means that Chuang Ji has given up saving himself and is unable to return to the sky.
The profits of the garment industry have been declining year by year, and they have been expanding and sinking into financial crisis.
The output value of Chuang Ji Group in 2011 is nearly 3 billion yuan, which is the most important benchmark private enterprise in Wenzhou.
How did the star enterprise go to this stage? Speaking of the bankruptcy and reorganization of enterprises, Mr. Jin, a senior leader of the Zang Ji group, regretted, "the company has been making clothes for more than 20 years, and originally hoped to do better."
Zhuang Ji, a former insider of the middle class of the Zhuang Ji group, said: "only one wrong step has been taken."
2003
Chuang Ji group is involved in real estate. In cooperation with Hyundai Group, Tianjin invested 100 thousand square meters of Chuang Ji shopping center, which was completed in 2005. At the end of 2006, Chuang Ji Group invested in nonferrous metals in Yunnan.
industry
Puer City in Yunnan has more than 2000 square kilometers of non-ferrous metal mining rights.
2006
Chuang Ji Group set up Zhejiang Chuang Ji Shipping Co., Ltd. in Yueqing, Wenzhou, with a registered capital of 300 million yuan and started construction in 2007.
But with the advent of the global financial crisis in 2008, shipbuilding industry entered a cold winter.
But at that time, Chuang Ji group did not reduce capital investment.
2007
Chuang Ji Group's profit after tax has reached 120 million yuan, but its profit has decreased by 10 million yuan since then.
In order to increase company profits, Chuang Ji group began expanding its fronts as early as 2003.
It had more than 10 subsidiaries.
This strategy was successful at first.
But now it seems that the failure was buried in the hot period of expansion.
2010
Chuang Ji Group has invested 1 billion yuan.
Who had thought that the winter of shipbuilding industry was too long? The financial burden of Chuang Ji shipping industry was too heavy. The total amount of arrears was more than 1 billion 700 million yuan, which was deeply in financial crisis and finally dragged down the Chuang Ji group.
The bank generates about 30000000000 bad debts. The boss does not run. 5000 employees do not make trouble.
According to a senior manager of Chuang Ji group, in the 6 bankrupt companies, the Chuang Ji Group secured 5 billion loans with the other 5 enterprises, and the 5 enterprises had more mutual insurance relationship with other enterprises, involving loans of banks of RMB 4 billion to 5 billion yuan. There were two dozen enterprises in the 6 enterprises, and the lower ones in the lower house also involved eighty or ninety enterprises, which owed about 30000000000 yuan to bank loans.
And the head of the Chuang Ji group is Zheng Yuanzhong.
reform
In the early days, the "king of electrical appliances" in the "eight kings of Wenzhou", "Fengyun and Zhejiang Merchants" several years ago, and the first generation of entrepreneurs since the reform and opening up.
"The ten leading figures in Wenzhou's reform and opening up", "ten winds and clouds, Zhejiang businessmen", and provincial labor models.
Zheng Yuanzhong once had numerous auras on his head. In the face of the media interview, the strong man of the enterprise still spoke loudly: "do not run away, repay slowly."
Another senior group has also sobbed up to express: "Zheng has been working hard for 41 years without gambling or spending money.
A BMW car has been running for 310 thousand kilometers and is still on.
In the past 20 years, about 1000000000 Yuan has been paid, and the average annual labor force employment is 20 thousand. "
It is understood that the 5000 employees of Chuang Ji group have never had any trouble making any claims.
Nowadays,
manufacturing industry
The situation is grim, the factory is bankrupt and bankrupt, and the boss runs away frequently. However, the bankruptcy of Chuang Ji Group has brought us some other positive energy in another way, and is considerate of the difficulties of the boss.
- Related reading
Fierce Competition In The Market: Local Clothing Giants Speed Up The International Brand.
|Bosideng "Four Seasons" Difficult To Have More Than 5000 Stores Closed This Year
|Lack Of Machine And Clothing Companies Reclaim The Reality Of "Made In America"?
|Coach Changes In Channel Strategy? Why Will Tmall Flagship Store Be Reopened?
|- Company news | In 2019, Spring And Summer, The Total Amount Of Orders Increased By 23%.
- News Republic | Semir'S GXG, The Menswear Brand, Has Been Listed In Hong Kong. The LV Fund Is The Largest Shareholder.
- Female house | 2018 Of Autumn New Products Are Simple And Pure Fashion Charm.
- Shoe Express | Us Tide Brand CONVERSE CONVERSE Meets Cute HELLO KITTY And Wants Pink To Cool Too.
- Market prospect | Europe And America Share Rent Clothing Mode To Test Water Market In China
- Local hotspot | Beijing Consumers Association Announces 31 Substandard Clothing Sources Related To Jingdong Blue Harbor
- Industry perspective | One Day Closed A Shop. Why Was JEANSWEST Abandoned By "Town Youth"?
- Shoe Express | AOKANG Has Entered The List For 2018 Consecutive Eight Years, And China'S Top 500 Private Enterprises.
- Company news | Soon, LV Silk Scarf Will Appear In Hangzhou Silk Silk.
- Shoe Market | Beijing Stores Have Been Shut Down. Nine Hee Women'S Shoes Are About To Leave China.
- This Year's Fashion Week In New York Will Change Its "Industry" Attitude.
- What Do Fashion Designers Wear In Autumn? 4 Popular Fashions In The Season!
- Yew Invested 10 Million Subsidiaries To Set Foot In The New Field Of Textile And Clothing.
- The Autumn Clothing Wears Out The Childlike Vitality, The Sweetheart Highlights The Vigor Breath.
- China Made Shoes Brand Instead Of Germany Made By Germany.
- India Underwear Business Market Hot, Why?
- Candy And Knitted Pullovers, Cool Girls In Early Autumn.
- Building Quality Integrity And Enhancing Enterprise Competitiveness
- What Is The Specific Output Of Cotton In Xinjiang In 2015?
- The Latest Report From The Autumn Leather Show In Milan Shows That The Market Is Sluggish.