Pearl River Delta Survey: Dongguan Is Not "Closing Tide". Hong Kong And Taiwan Businessmen Say "No Bad Money".

Widely spread small and medium enterprises "

A Dongguan official said that a small number of factories that had lost competitiveness were also bankrupt.

In Dongguan, because of monetary policy tightening.

However, the survey found that foreign trade enterprises generally reflected that the profit margins were greatly reduced, and the economic downturn and operating costs in Europe and the United States made the business "not as good as before".

Exchange rate "Curse"

The majority of the electromechanical, hardware, clothing and furniture foreign trade enterprises visited by reporters have maintained stable status. The main pressure on them is RMB appreciation, rising raw material prices and rising wages.

In particular, the appreciation of the renminbi since last year has put a shadow on their business prospects.

Moreover, the sharp increase in profits caused by the rising exchange rate on foreign trade enterprises has not ended, and is expected to be strengthened.

In an interview, reporters found that the increase in exchange rate led to the decline in the profits of machinery, furniture and other enterprises in 15-20%.

He Liangmei, chairman of Print-Rite Holdings Limited, revealed that the company has calculated that RMB appreciation will be 1% every year, and the profit loss in one year will be about 30000000 yuan.

Yang Ming, deputy general manager of Dongguan Shijie Ying Hui handicraft product factory, said that although the loss of nearly 30% of the profit was due to the rise in exchange rate, the operation of the two main products of Ying Hui handicraft product factory was not affected by the change.

According to the analysis report of the China Textile Industry Association, in the 1-4 month of this year, China's textile and clothing exports grew steadily to the US and European markets, and clothing exports amounted to US $39 billion 569 million, representing an increase of 22.92% over the same period last year.

According to the data released by the China Toy Association, the growth rate of toys exported by China has slowed down compared with the same period last year, in the first 4 months of this year.

Yang Ming felt deeply: "the export of clothing and toys in our factory shows" one high and one low ", the export of baby garments is going up, while the toy export is going down, the consumption expenditure in the European and American markets has picked up, but it is still depressed.

By contrast, the Yellow standard has a serious face.

The operation of Tao Tao toy factory, which he operated, caused a great contrast over the past year because of the rise in exchange rate and the rise in raw material prices. The order at the beginning of the year found that the profit was considerable. By the end of the year, it was found that profits had been as thin as paper.

"Our toys dominate the high-end market in Europe and win the price. There is no room to increase the price.

Next, we can only try to open up the domestic market, so as to balance the loss of export. "

Huang said.

Hong Kong funded and Taiwan funded enterprises are "not bad money".

With the rise of exchange rate and the increase of production costs, some small businesses are falling down because of their lack of support.

However, the heads of the enterprises in the interview indicated that they had dealings with their factories or factories that they knew, and were not affected by the "collapse tide" rumored by others.

Yang Ming told reporters that the key to failure is still in the customer, so long as the customer does not have problems, and does not appear to lose the ability to pay so that the arrears can not be recovered, the general factory can still live as usual.

"Especially those small factories that only give a brand OEM, often because the customer capital chain is broken, the factory can only be forced to shut down."

To avoid relying on single customers has become an important choice for small and medium-sized export enterprises to diversify their business risks.

For example, in order to avoid the risk arising from the loss of a customer, the total volume of business between the factory and its customers is controlled within 20% of the turnover volume, with the annual turnover of over 400 million Yuan Ying Hui processing factory as an example.

It is worth noting that the difference between the small and medium enterprises in the Yangtze River Delta and the tightening of monetary policy caused the "shortage of money", resulting in a partial shutdown of some enterprises. The foreign trade enterprises in Dongguan did not look bad.

When reporters referred to the "shortage of money" in the Yangtze River Delta, he stressed that the company did not have to worry about the source of investment, and had "deep accumulation".

A long-term management of the Hong Kong funded enterprises told reporters that Hong Kong funded enterprises generally have strong financial strength, coupled with the Hongkong financial market is more open, financing channels are diverse, low cost.

Compared with the seven or eight point loan interest rate of mainland banks, the loan interest rate of Hong Kong enterprises in Hongkong bank may be as long as one or two points.

Dongguan has gathered more than 10000 foreign invested enterprises, of which the majority of the Taiwan and Hong Kong capital enterprises.

These enterprises have moved to Dongguan and other Pearl River Delta areas since the 80s of last century. Twenty or thirty years of accumulation have achieved their solid foundation.

"However, they will not invest all of their liquidity in the industry. Compared with the mainland enterprises, the owners of Taiwan funded enterprises in Hong Kong can skillfully use diversified financing means to invest."

A local boss pointed out that the owners of local enterprises in Dongguan need not worry about the money problem. Rent and factory rent dividends make them "not bad money".