It is reported that the three quarters of this year will soon be over. Due to the continuous impact of the international financial crisis and the harm caused by the financial turmoil in Wenzhou City last year, enterprises have encountered many unprecedented difficulties and have directly affected the economic development of the entire industry. At present, there are several major types of outstanding problems in the Wenzhou valve industry:
First, fluctuations in economic data: From January to June, the production situation of the Wenzhou valve and valve industry rose steadily, but after entering the production trend in June after the decline, to the end of August, the industry's total output value reached 17.5 billion yuan, sales were A total of 145 billion yuan was paid by the industry, and the tax revenue of the industry was 575 million yuan. The above data shows that the development of the industry is still stable, basically the same as last year.
The second is the poor operation of enterprises: This year's more typical features are the leading enterprises in the industry, large enterprises have sufficient orders, production is stable, and they are in a stable and slightly upward trend. The small and micro enterprises have experienced shrinkage and decline, especially after entering the market in June. The individual companies are already in a state of production suspension and semi-discontinuation. Since June, the output value has seen a slight negative growth. According to the current development situation, the stability of the The good trend is still not obvious.
Third, the shrinking profit concerns: As the volume and price of orders drop, and the fierce competition in the market, the company's profit margin is minimal. Individual companies have already suffered losses. A considerable number of companies report that they only barely started production in order to maintain the wages of workers. If this continues, it would rather stop production.
Fourth, from the current production situation, domestic orders show a declining trend, and export products have risen quietly. From the perspective of the production status of several large-scale and large-scale enterprises, the main export products are mainly exported from this year to June. The total amount reached 420 million U.S. dollars, compared with 360 million U.S. dollars in the same period of last year, a year-on-year increase of 16.7%. In addition, the export products of the past only limited the pattern in the Middle East and Africa, and the orders from Europe and the United States have been increasing. The proportion of exports to the entire industry has increased significantly.
Fifth, the lack of market stamina: According to the industry's understanding of the next step in the business situation, companies with no orders in the fourth quarter accounted for 25%, nearly 30% of corporate orders fell compared to last year, the lack of new market players, even if a little order, batch Small, short, small, scattered, the decline in orders is more obvious, is also not optimistic about the expectations of the second half, the decline in the situation is difficult to stop for a short time.
Sixth, financing is difficult. High financing costs are still plaguing the development of enterprises, especially small and micro enterprises. Although the country has loosened its loan policies, due to the increase in non-performing loan ratios, banks have raised the threshold of loans, and small and micro enterprises want to lend. It is still not easy to reach a certain amount of money. The phenomenon of pressure on loans and capital injections still exists. The interest rates of individual banks are still being manipulated and the cost of financing remains high.
At the conference, executive vice presidents Chen Jinfa and Xia Furong respectively reported on bottlenecks in the development of the Wenzhou valve and valve industry, and how to seek countermeasures and breakthroughs. The executive vice president Yang Liancheng made a report on the financial work of the association and passed new members. report. The leaders of the Wenzhou City Economic and Information Technology Commission made an important speech and Song Yinli, Secretary General of the China Valve Association, made an important report on the situation of China's valve industry.
President Yang Rongshui pointed out in the report of the “Wenzhou Pump and Valve Industry Association's Fourth Session of the Third Session of the General Assembly†how to view the current economic situation: It is of utmost importance to strengthen confidence, advance steadily, and achieve the expected goals of annual economic development. He mainly made several requests:
The first is to strengthen confidence: whether it is the continuous fall of economic data or the market downturn, these phenomena all indicate that the current economic downward pressure is indeed greater.
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