Wenzhou Clothing Industry Benchmarking Enterprise, Chuang Ji Is Deeply In Financial Difficulties.

< p > debt repayment is justified.

However, excessive financing costs often become the last straw to crush enterprises.

According to media reports, although the production order of Zhejiang Wenzhou Chuang Ji group is normal, the production workshop of < a target= "_blank" href= "//www.sjfzxm.com/" > clothing "/a" is very busy at the edge of the office building, but it is trapped in the financial difficulties.

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< p > as an old clothing enterprise in Wenzhou, Chuang Ji Group has been running well since its establishment in 1996.

According to public information, there are 12 enterprises in the Chuang Ji group, with sales revenue exceeding 2 billion 900 million yuan last year.

In the < a href= "http://sjfzxm.com/news/index_p.asp > > Wenzhou garment industry < /a >, the Chuang Ji group is a" benchmarking enterprise ".

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< p > however, why is such an enterprise deeply trapped in the financial difficulties? It must be admitted that the main reason for the Chuang Ji Group's crisis is its subsidiaries, Chuang Ji shipping industry.

In 2006, in order to ease the increasingly slender profit of traditional clothing industry, Chuang Ji Group invested in a shipyard in Yueqing, Wenzhou.

As the impact of the international financial crisis on Global trade continues to expand, the shipbuilding industry in China has entered the "cold winter". Recently, shipowners abandon ship, banks lend money and trust crisis of mutual insurance companies. The three superposition will push the company to the brink of collapse.

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< p > of course, the "Chuang Ji crisis" has its careless investment side, but from another aspect it also reflects that the cost of enterprise financing is too high.

According to Chuang Ji Group executives, 5 years ago, the Chuang Ji group loans enjoy a benchmark interest rate of 4.425% per annum, while the current bank's annual interest rate for the Chuang Ji group is 10% above the benchmark interest rate, and then the additional business such as notes and stickers. The combined cost is above 1 monthly interest rate.

Now Chuang Ji has a total loan of 1 billion 390 million yuan, and the cost of interest in one year is as high as 100 million yuan. "There is no way to bear such a high cost."

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< p > more worrying is that in the market downturn and rising costs, the profitability of enterprises is not strong, and the profits of well managed enterprises are less than 10%.

If a financial enterprise can not adjust interest rate policy in time, it is actually accelerating its "destruction".

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< p > in fact, "financing difficulties and high costs" is not only a problem faced by an enterprise of the current "a href=" http://sjfzxm.com/news/index_f.asp "Chuang Ji /a group", but also a heavy burden for many enterprises.

"Now the enterprises are basically working for the banks," Zheng Chenai, President of the Wenzhou clothing trade association, vividly and profoundly reveals the unreasonable relationship between banks and enterprises.

Statistics show that in the first three quarters of this year, 2493 listed companies realized a net profit of 1 trillion and 500 billion yuan, of which 16 listed companies in the banking industry had a net profit of 812 billion 800 million yuan, accounting for 54% of the total profit of listed companies.

Do these 16 listed banks create more wealth than the other 2477 listed companies?! /p!

< p > the cake of social and economic interests is certain. Commercial banks are more than one piece, and the real economy is less than one.

The seriousness of the problem lies in the fact that once the real economic interest incentive is weakened, the real creation of social wealth will be affected.

A well-developed and solid economy is the foundation for increasing wealth and strengthening national strength.

The eighteen major reports of the party put forward that we must firmly grasp the solid foundation of developing the real economy and implement policies and measures that are more conducive to the development of the real economy.

How can we carry out this spirit? The departments concerned need to make up their minds to "work hard".

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