general manager of Nanjing, a manufacturer of toy companies, friends eyes are always rich, he recently encountered the pressure of the corporate capital chain, in order to maintain the normal operation of enterprises, he has to sell the house and car.
According to Liu introduced the “Daily Economic News” reporter, said his company products are mainly exported to some countries in Europe and America, sales declined 6% due to the import and export downturn, “Originally, the profits of export products not rely on big sales to profit, but sales fell sharply, corporate capital chain was tight. ”
This for Liu, domestic one person in charge of the Association of Small and Medium Enterprises, said the “Daily Economic News” reporter, “the boss of the boss of car dealers sell mostly small and medium enterprises, because due to the recent import and export trade is not economic impact. ”
“Cash flow is cut off, a last resort and only then the car sell the house for cash, which also reflects the realities faced by many SMEs.” A professor of Nanjing University of Finance and the “Daily Economic News” reporter said.
Part of the SME exports have declined sharply
According to the latest data released by the Statistics Bureau of Jiangsu Province, from January to April, total imports and exports of Jiangsu Province for the $ 164.86 billion, down 1 percent. Below the national average increase of 7 percentage points. Among this, exports of $ 95.8 billion, an increase of 1.7%; imports $ 69.06 billion, down 4.5 percent. Exports and imports increased by less than the overall national level of 5.2 and 9.6 percentage points. The first four months of data can be seen, Jiangsu Province foreign trade import and export trade in and out showing exports, imports are weak posture, this case also shows that many SMEs body. “Professor of the Nanjing University of Finance and “Daily Economic News” reporter said.
Liu is a production of plush toy companies in Nanjing boss, his company’s toys are exported to some European countries, since the second half of last year, you feel the pressure of the exports to the company in March this year, exports significantly fell more than 60 percent, leading to stock a lot of pressure, flow of funds are under great pressure. “Liu said that the” Daily Economic News “reporter.
In March in order to maintain the normal operation of the company, Liu worth over one million BMW price of 600 000 sold in April, he again sold a house at below market price, the car dealers to sell room after the company still has not improved, if the pattern of this downturn continues, the company estimates will also be able to support the end of the year. “Liu said the” Daily Economic News “reporter.
Liu situation is similar to a clothing company in Wuxi, the clothing company’s boss, Ms. Lee Recently consecutive to the two luxury cars sold for cash to maintain the normal operation of the company, the company from began in November last year, sales fell in April this year, our sales fell by half, it is estimated that the next will decline more, the financial pressure is great, do not sell cars, the wages of employees unable to pay. “Ms. Lee said that the” Daily Economic News “reporter.
“This not only occurred in Nanjing, Jiangsu Province in many parts of the situation, in particular, some products need to export, financial strength is not strong small and medium-sized enterprises will have some impact.” One in charge of the Association of Small and Medium Enterprises the “Daily Economic News” reporter said.
For some small business owners cheap luxury cars, luxury cash, Nanjing, one private owner of the “Daily Economic News” reporter, said to a certain extent, this reflects the small and medium-sized business owners in the production and management of cash flow difficulties problem.
“There is no cash flow, they are a last resort and only then the car sell the house for cash to ease the pressure of the own funds of enterprises chain, which also reflects the realities faced by many SMEs.” A professor of Nanjing University of Finance and each Japanese Economic News “reporter said.
Financing costs are too high or incentives
An Association of Small and Medium Enterprises in charge of the “Daily Economic News” reporter said that many small and medium enterprises engaged in Industrial profits is not high, and loans to banks, a great part of the profits is necessary to the bank, if we get rid of operating costs, then it is almost no profit or even loss-making, which is why they do not want to financing. ”
The face of some SMEs capital chain tension, a professor of Nanjing University of Finance and the “Daily Economic News” reporter said to solve the financing problems of SMEs, one way is to allow private capital into financial institutions ” Some small business owners really need the money, but to loan money, but there are some private capital is a lot of money, want to invest but do not know where to invest, if you allow private capital into financial institutions, will give small and medium-sized enterprises The great advantage. ”
Solve the problem of the shortage of finance for SMEs chain, not just the high cost of bank financing, banks have so much money, people also have so much money, why loan money, the reason is that policy issues, which also affects the small and medium-sized the development of enterprises, leading to some SMEs in the face of the pressure of the capital chain financing more difficult. ”