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I Can'T Believe It: Another 5000 Textile Factory Declared Bankruptcy! It'S Sad.

2020/5/15 11:59:00 125

Shandong Hualong TextileBankruptcy

According to feedback from netizens: Shandong Hualong textile Limited by Share Ltd has been announced by Wulian County People's court, declaring the company bankrupt!


A court notice posted at the entrance of Hualong Textile Building

Wulian County People's Court of Shandong Province

Notice


Shandong Hualong textile Limited by Share Ltd Operating conditions and financial conditions continued to deteriorate, and losses were serious. According to the application of the manager of Shandong Hualong textile Limited by Share Ltd, May 6, 2020 In accordance with the first provision of article Seventy-eighth of the enterprise bankruptcy law of the People's Republic of China, the ruling is terminated. Shandong Hualong textile Limited by Share Ltd (Shandong lung Lin filtration equipment Technology Co., Ltd. Shandong Luo Lian industry and Trade Technology Co., Ltd. Wulian Xing Long Real Estate Co., Ltd. reformed the procedure and announced that Shandong Hualong textile Limited by Share Ltd (Shandong long Lin Filter Equipment Technology Co., Ltd., Shandong Luo lotus industry and trade science and Technology Co., Ltd., Wulian Xing Long Real Estate Co., Ltd.) went bankrupt.


Notice hereby

                           

Wulian County People's court

Two May 11th two



Shandong Hualong textile Limited by Share Ltd


Shandong Hualong textile Limited by Share Ltd is a collection Spinning, weaving, garment processing, home textiles, real estate, textiles import and export trade in the large textile enterprises, the existing spindle 120 thousand, shuttle loom 1000, world-class air-jet loom 382, rapier loom 200, Japanese jet spinning machine 7, garment processing equipment more than 200 sets. 5000 employees The total assets are 580 million yuan, with 5 sub factories and 1 provincial import and export companies.



The company mainly produces pure cotton and chemical fiber blended yarn, air-jet worsted knitted yarn, cloth products, garments and home textile products. Now there are more than a dozen series of more than 200 varieties. Among them, "dragon spinning" brand synthetic fiber yarn and "dragon spinning" brand polyester and viscose fabric are certified as "Shandong famous brand" products. The company produces 60 million tons of yarn and 23000 tons of yarn every year. The products are exported to all parts of the country, and exported to more than 30 countries and regions, such as Europe, America, Korea, Japan and the Middle East.



The enterprise is confirmed by the national "AAA level standardization good behavior" and the inspection and acceptance of cleaner production in Shandong Province, and is certified by the ISO9001 quality management system, the ISO14001 environmental management system and the OHSAS18001 occupational health and safety management system. [from Shandong Hualong textile Limited by Share Ltd website]


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Earlier reports: 4 months of wages and 52 months of social security were not paid for the explosion.

2019/8/27 employees have a message on the public hotline: [mayor hotline 190827085827551816th] came to Hualong textile workers. The company has not paid its social security for 52 months, and the 4 month salary has not been paid. Now it has resigned. Please coordinate with the relevant departments. (the original number ZX20190808-0090, the textile company and the Bureau of human resources and social affairs replied: the company is actively raising funds for the payment of wages and labor insurance as soon as possible). I hope to pay wages as soon as possible.


The official reply of the Bureau of human resources and social affairs: After investigation, the Shandong Hualong textile Limited by Share Ltd has been affected by the market economy in recent two years. There is a problem in the fund of this unit. There is a problem of arrears of workers' -5 months' wages in March. According to the procedure, the Bureau issued the "labor security supervision order correction order" (No. sixteenth of Lian Ren Jian Jian), ordered the unit to reissue the arrears of wages within a time limit, and the unit has now reissued 3. Monthly and April wages. Employee social security issues, the company said it would raise funds to pay insurance premiums, and promised that the insurance premium paid by employees when they retire should be paid together. The insurance premiums for dismissal personnel in May will be paid in August this year. In view of this unit's illegal behavior of arrears of wages, the next step will be handled according to the procedures.


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