Anxiety Of An Old Zhejiang Boss In A Textile Enterprise: I Can'T Sleep Even After I Return To Work.

In February 17th, our factory began to resume work, up to now more than 10 days. We have arrived at the staff from the beginning of the more than 150 people, to the present more than 300 people.

I couldn't sleep without permission to go back to work; I couldn't sleep without permission to return to work, and I couldn't sleep now.

At the beginning I was worried that my employees would not be able to come back. Now I am worried that the staff will not come back and let them do it.

At present, the government has introduced many policies to help enterprises resume work and resume production. This is a good thing and has helped some businesses.

But if I want to revive the economy, I think the most important thing is to stimulate consumption, and the booster of consumption is the bank.

Now banks relax loans policy to enterprises, their intentions are good, but temporary solutions are not effective. The most direct way is to stop banks for a few months.

　　 Back to work, I was too optimistic.

We are a medium-sized textile enterprise. My business involves both domestic and foreign businesses. Mainly for some well-known foreign popular clothing brand fabrics, domestic also.

In normal times, I have more than 500 employees, half of whom are outsiders.

In February 14th, I received a reply to my work. What I was most worried about was that the field workers could not come back. Without staff, I will not be able to work again.

Our employees were quite numerous in Anhui. I was prepared to pick up the buses to get them, but they wouldn't let them out. It is useless for us to provide proof of re employment.

Later, the government introduced some policies to help enterprises to resume their jobs. Zhejiang even chartered our enterprises and packed special trains to pick up workers. As an enterprise, we are very happy.

As soon as I returned to work, only more than 150 of my staff arrived, and the machine in the workshop was working. At that time, I thought the situation was very good.

I predict that my company will be able to return to normal in the early March when all our employees arrive.

At present, I am too optimistic.

The more employees come back, the more pressure I will have.

Now my staff has settled the problem of returning to the city, and has arrived at more than 300 posts.

But there is a problem with my order.

The order I am making now is the foreign order signed last year. According to the present proportion of workers to work, the production has not been reproduced for one month.

And I don't know where my new order is flying.

Two days ago, I was chatting with the general purchasing director of a well-known fashion clothing brand in China. They are also in a dilemma.

When we talked about the next order, she said that there was still a large backlog in the warehouse. Their boss had a headache and was very helpless. He said he had no eye for 4 million yuan every day.

Their enterprises are the main customers of our company in the domestic market. If their orders are reduced, it means that I am having a bad time this year.

And my employees are still coming back. As a boss, I can't say that you should not come. I can't bear it either.

I feel more and more stressed.

The more my employees come back, the more pressure I will have. When they came back, I could not let them idle, so I had to finish the finished products of the main road and pile them in the warehouse.

I want to help them. They are my employees. They want to live. They have children who need education. They need to earn money to pay for their housing loans. But eventually I was still a little bird. I didn't want to fly too high.

Because this means that I have to turn my liquidity into a slow-moving inventory.

In such a situation, I can persist for one month, two months, and third months. I am so hard.

I wish I could carry all my problems, but I can't afford to carry them.

In fact, there are many enterprises like this now. There are no lists on hand.

I am pretty good. There are still orders at present. I have tens of millions of dollars in liquid capital. Some enterprises have no liquidity in hand. If the goods are not sold, they will continue to produce. It is really too difficult.

Even so, I was anxious every day.

I purchase raw materials, I produce inventory, my employees' wages, bank interest I pay every month, water charges, electricity charges, taxes, and 7788 plus, they are all money.

In February, my bank interest paid about 500000 yuan, employee wages, water charges, electricity and taxes, 7788 plus about 2000000 yuan.

If all more than 500 employees are on duty, the monthly salary will be $23 million.

If there is no order, my goods will not sell. How much cash can I pay for 23 million yuan in my hand?

Regardless of whether you produce or stop production, your goods can not be sold, or the interest of banks should be paid.

Fortunately, our factory building is our own, there is no rent problem, some enterprises have to pay rent, so that enterprises will soon be dragged down.

So, from my heart, I have 300 employees now.

I also want to lighten the burden on the country, carry all the problems on my own, but my shoulders are too narrow and the load is too heavy.

The bank's interest rate cut is just a drop in the bucket.

Now that the government is also helping us find ways to promote banks to help enterprises resume work and resume production, it is another matter whether banks can implement policies.

For example, in February 10th, Zhejiang promulgated the first batch of preferential enterprise policies.

Among them, the first mentioned, "on the existing stock loans, banks for manufacturing, wholesale and retail, accommodation, catering industry and other affected industries with heavy impact, enterprises at no higher than the same LPR interest rate to calculate the current interest rate in February 2020, the highest interest rate policy."

Is there a workable standard for this "highest"? No,

The highest is the bank has the final say.

And this rule is for February. What about March?

Our company belongs to the manufacturing industry. Do we enjoy "the highest"? No,

When we put together several banks in February, we had to pay interest at around 550 thousand. In this crisis, several banks combined to give us a discount of less than more than 50 thousand.

This rate cut is not enough for our company.

In addition, banks solve loans to enterprises. I think this method is not effective. Moreover, banks have their own standards for lending to enterprises. Even if they are released, they will be limited.

Besides, there are some enterprises that lend money to him desperately. They only lend him 5 million yuan, and you increase the intensity and lend him 10 million yuan.

It looks like a good thing. "You really love me." it seems that he has much more money in his hands, but on the same side, he has more debts on his back, and your bank adds more interest.

The problem is that what he produces can not be sold, and the money in his hands has become stock. Eventually, your bank not only failed to help him, but increased his pressure.

In this case, it is impossible for you to ask the bank whether he will still love me tomorrow.

Therefore, lending to enterprises is only temporary, and can not fundamentally solve the problem, it is temporary solution.

　　 Only by stimulating consumption can we solve the current predicament.

Stimulating consumption is the only way to solve this dilemma.

This is the key when we control the epidemic situation, liberate all aspects, and stimulate consumption.

Now there are more and more people on the streets of Hangzhou, and many open places are also open. This is a good thing.

But this is only temporary. Even if there is consumption, it is retaliatory and will not last. Consumption will stagnate when people spend money in pocket.

As a result, the purchasing power of the whole society will drop, and then a series of adverse reactions will happen, businesses will go bankrupt and employees will lose their jobs.

Maybe eighty percent of us have housing loans. Most of our families have made plans before buying houses, and their wives earn money to live, including children's education in all aspects, as well as clothing, food and shelter.

But now, when such a sudden outbreak occurs, one of the couples is laid off, or the couple are not laid off, but the salary is reduced, which is a heavy blow for a family.

After family planning is broken, mortgage loans are also a problem. What else do they consume?

And the decline of personal purchasing power is directly affected by enterprises.

Enterprises, like individuals, have plans for production every month. How much does the enterprise cost per month? How about the list?

After such a crisis, everyone's plans were broken.

For example, in our textile industry, people have no money in their hands, and they spend less money on clothes. Factories that produce clothes will reduce production, and the subsequent chain reaction is the industry that we provide fabrics.

We have fewer orders. The first thing I think of is layoffs. If it's not possible, it will probably close. This means that the more than 500 employees of our factory will face the problem of re employment.

In this way, our ecological chain is completely broken, and we will enter a dead circle.

If we want to revive the economy, we must try to get through the whole ecological chain, and we can not solve the problem by reconnecting the entire ecological chain.

What really drives consumption is the bank's interest.

The only direct way to boost consumption now is to stop banks, not to cut interest rates. Any rate cut is only a drop in the bucket for individuals and businesses.

Let enterprises loan interest for a few months, enterprises can take a breath, the ordinary people will not be unemployed; if people let housing loans for a few months, the economy will slowly recover.

Banks should do more things in the snow, not just icing on the cake.

If consumption is pulled up, all aspects of society will be better. At this time, if you let enterprises fail to return to work, they will do everything possible to get the job back together.

Now the government's policy is available, but the key to the problem is whether the banks have implemented the policy. Because different banks have different loan guarantee modes, most of our enterprises will put loans in several banks.

For example, our company has a credit relationship with several banks. Our industrial and commercial bank has borrowed 20 million yuan, the Agricultural Bank has also borrowed 20 million yuan, and China Construction Bank and so on.

As a result, none of the banks will give the enterprise interest free first, and whoever avoids it will simply give up his own interests to others.

But in the long run, enterprises will fail, the whole economy will be out of order, and banks will also have problems. When the avalanche comes, every snowflake is hidden.

Banks should take a far sighted view and embrace the heat and act together. If banks do not move, they will be very dangerous to do all kinds of small calculations. A series of social problems will follow.

I have been in the textile industry for more than 30 years, and I have encountered all kinds of difficulties, but the solution is more difficult than that.

Overall, it is still developing in a good direction. We have not confirmed any new cases in Hangzhou for 8 days, and the government's policy of supporting enterprises is also increasing.

I believe that as long as we join hands with the government, we will be able to overcome this difficulty.