The 'Wenzhou Capital Chain Crisis' that began to appear in March of this year seems to have developed into a situation that threatens the survival of enterprises after six months. When the small and medium-sized enterprises evolved from a small number of bankruptcies to a situation in which a large number of enterprises and large-scale enterprises collapsed, the government began to fidget. In early September, the State Council held an emergency meeting on the development of small and medium-sized enterprises, and introduced a supportive policy for the development of small and medium-sized enterprises, aiming at alleviating the difficulties of financing for SMEs and financing. However, so far, the effectiveness of the government’s support policies seems to not ideal. From the perspective of the entire environment, this year's 'surge of corporate closures' has become more 'cold and cold' than in 2008. Various factors such as the lending rate, the exchange rate of the renminbi, the salaries of workers, and the rise in land transfer fees have made the era of high costs that has already come over a deeper chill.
In such a large environment, how much is security companies affected by the tightening of bank money and inflation? What is the status of financing for security companies? With such questions, the author interviewed security companies in Shenzhen, Hangzhou, and Beijing. In this interview, the author has a new understanding of the status quo of security companies in China.
Security Reality of SME Financing
In the interview, the author learned that the impact of security companies in China in the financing difficulties and the closure of SMEs has not been as severe as previously reported. As a whole, security companies are not directly affected. In the author's investigation and media reports, there have been no cases where security companies have closed down in batches. However, in the most serious areas of Zhejiang, the development of security companies is still relatively good.
In this connection, the author interviewed Yan Meng, the manager of the HC East China Security Industry. He said: 'The private-finance storm was the most affected by the traditional industries such as shoe-making. Security companies in East China were less affected. This is mainly because the security companies in East China are mostly high-quality, technologically and financially strong companies, and there are many listed companies in East China. These companies have more regular financing channels and diverse financing methods, so they are resistant to risks. It is also stronger. Although security companies in eastern China are relatively optimistic about their financing performance, Yan Meng has also shown some hidden concerns about the future of security companies. Under the background of inflation and high costs, security companies are not affected by this aspect. The cost of raw materials, production, labor and other aspects of the company have been raised, and there have also been operating losses. Compared with previous years, the security industry Profits have become thinner. There are also a handful of security companies that have been hit by the collapse of the closure, but most of these companies have transformed into security system integrators. They can work with agents to collaborate on projects and even OEMs of branded products. '
Shenzhen, known as 'the capital of security,' is the birthplace and gathering place of China's security companies, and brings together 60% of the country's security companies. Although there are numerous security companies in Shenzhen, the vast majority are small and medium-sized micro enterprises. Will these small and medium-sized micro-enterprises be more vulnerable to a financing crisis without a full-fledged capital chain? Among the many security companies that the author interviewed, most companies have stated that the current closure tide and inflation have some impact on companies, but overall the impact is not great. Although difficulties in profit space and capital withdrawal have been observed in previous years, it is far from the point of closure.
Hangzhou, Shenzhen, and Beijing are the three most concentrated cities in China's security companies. The security companies that grew up in these three regions are completely different because of the regional environment. The enterprises engaged in security in Beijing are mainly agents, with fewer production companies. Some security companies have established production bases in Shenzhen, and the headquarters are mainly R&D and marketing centers. In the interview, the author learned that the sales volume of Beijing security manufacturing enterprises has decreased compared with previous years, and overall profits have been reduced this year. However, the impact of financing and closure has not been significant.
'Bank loan' outside the security of SMEs
In such a severe crisis that has affected many cities across the country, security companies have not been affected much. Many people may feel puzzled. The main reason for this 'closed tide' was the tightening of banks' banking facilities, the rising interest rates of private lending and the disruption of corporate capital chains. According to the author's understanding, more than 80% of Shenzhen's security companies have not borrowed from banks, and their businesses have mainly developed through the circulation of their own funds. The proportion of enterprises that have bank loans is less than 15%. Hangzhou security companies that have not borrowed from banks have reached more than 90%.
As a production company of surveillance products, Jin Cheng, general manager of Shenzhen Chuangsisi Technology Co., Ltd., said in an interview with HC Security Network: 'This year's inflation has affected the number of companies, plant rent, employee wages, and materials. Purchases, infrared lamp housing, production costs, postage, etc. rose all the way, which virtually added more cost burden to the company. In addition, more and more companies have entered the security industry, and the difficulty of the industry has grown. 'Jincheng also mentioned in the interview that Shenzhen's security companies like Chuangsi Si such as the development of their own funds, which is related to the particularity of the security industry. Jincheng also compared the stainless steel industry with the security industry. According to Jincheng, companies that make stainless steel are generally large and have large quantities. An order can reach several million units. Although its added value is low, but its rolling capital is large, a stainless steel foreign trade enterprise will reach hundreds of export orders. Thousands, this requires a lot of cash flow, so many companies will choose bank loans. The security industry is not the same. Although the security industry is relatively high profit but the amount is very small, the volume is not comparable with the stainless steel industry, which also leads to a short capital chain in the security industry, does not require a large amount of capital turnover, generally can be digested by itself, most do not Need to borrow from the bank.
According to Zhang Wenjiang, general manager of Hangzhou Topsound Electronic Technology Co., Ltd., he said: 'This tidal wave and financing issues have little direct impact on Hangzhou security companies, but there are still some indirect effects. Due to the harshness of bank loan policies, it is difficult for security and small and medium-sized enterprises to borrow money, and there are fewer companies borrowing from private usury. However, due to the recent 'checkout tide' in Hangzhou, the checkout and price cuts of the property market have had a significant impact on the sales of our Hangzhou security products. The real estate monitoring project is a big project for Hangzhou security companies. The cooling of the property market will have a direct impact on us. '
Security SMEs encounter an unprecedented 'payment difficult'
While interviewing security companies in the three places, although security companies were not directly affected by the financing and closure tide, these enterprises have encountered unprecedented 'payment difficulties'.
Hou Gang, general manager of Shenzhen Diweile Technology Co., Ltd., also said in an interview: 'This year's overall environment is not good for security companies and the funds are relatively tight. However, security companies' capital shortages are not due to banks’ tightening of monetary policy, but difficulties in making payments. Diweile mainly takes the domestic brand route. The company’s foreign trade business only accounts for 7%. Therefore, the impact of exports on us is not great. Now Diweile is undergoing a share reform. The company needs to raise funds for institutional reforms, but we do not have enough resources in the bank to secure most companies’ basic loans in the bank. Shenzhen banks here require many conditions for the mortgage of local real estate in Shenzhen. Businesses are shut out. So our current financing method is to develop agents into shareholders. The development mode before DeVille was always the company's own capital turnover. Although Di Wei Le has some obstacles in terms of funds, due to the influence of the environment of the security industry, Di Wei Le is still growing rapidly in the past two years.
Jincheng, the general manager of Chuangsi Si Technology, told the author that the company has encountered a vicious cycle of arrears. Party A owes money to the agents, and the agents owes money to the production companies. There are still millions of owes to Chuangsi. The money was not recovered, which had a certain impact on the further production and development of the company. Jin Cheng believes that this may also be indirectly affected by the entire economic environment. This year's 'payment' is harder than the previous year.
Hou Gang has a deep feeling about the issue of repayments: 'This year's repayments and capital flows are very slow. Now it is very difficult to collect funds and it has become a common problem in the industry. The money that can be returned in the past 20 days may now take 2 months, and this payment problem is difficult to solve. Now that the funds are still very tight, the big environment still has an impact on us. For Hou Gang, general manager of DeVille, it is possible that their 10 million outstanding payments will become a 'death'.
In response to the issue of payment, Hangzhou Xuntou Electronics was directly affected by the industrial chain. 'According to the impact of the entire economic environment, some of our projects will also be affected. Taking the real estate business as a comparison, as part of Party A's real estate business, the receipt of non-payments also indicates that our contractors and distributors will not receive any payments, which in turn will result in non-collection payments. We will be affected by the industry chain. 'Zhang Wenjiang said.
Conclusion
The security industry is a sunrise industry and it is constantly developing at a high rate each year. However, many security companies have stated that this road is getting harder and harder. Wei Gang, the general manager of DeVille, likens this stage to the 'fall' of the security industry. This is both a season of harvest and a season of gradually chilling. The 'winter' of the security industry has yet to arrive, but it will encounter a Field 'winter'. Our views are relatively optimistic. In such an era of high costs, high pressure, and high challenges, China's security companies have entered the 'winter', although the difficulties are many, but the method will be more difficult than difficult. Naturally, the spring of the security industry will not be too far away.
Release date:2011/11/7 14:57:31
Rubber Hose Systems
Concrete Pump Rubber End Hose
Concrete Pump Rubber Hose is an available part used at the end of pipeline.There are 2 different types:Steel Wire Hose and Fabric Braid Hose,met we show you the deatail informations about rubber hose firstly.
1.Product Introduction
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Part No.
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Product Name
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Description
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Specification
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1
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Concrete Rubber Hose
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DN125/5'' *3M
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4 Layers Steel Wire
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2
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Concrete Rubber Hose
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DN125/5'' *4M
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4 Layers Steel Wire
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3
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Concrete Rubber Hose
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DN100/4'' *3M
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4 Layers Steel Wire
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4
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Concrete Rubber Hose
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DN100/4'' *4M
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4 Layers Steel Wire
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Part No.
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Product Name
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Description
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Specification
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1
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Fabric Braid Hose
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2''
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4 Layer Fabric
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2
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Fabric Braid Hose
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2.5''
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4 Layer Fabric
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3
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Fabric Braid Hose
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3''
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4 Layer Fabric
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4
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Fabric Braid Hose
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4''
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6 Layer Fabric
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5
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Fabric Braid Hose
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5''
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6 Layer Fabric
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2.Company Introduction
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