——Interview with Xu Baohai, deputy general manager of Jiangsu Yuantong Auto Parts Co., Ltd. Since last year, the repeated construction caused by the “blowout†of the auto industry has also spread to the auto parts industry; at present, the oversupply in the auto market will inevitably affect the auto parts industry. Recently, the reporter interviewed Xu Baohai, deputy general manager of Jiangsu Yuantong Auto Parts Co., Ltd., who was in charge of investment and financing and capital operation. According to Xu, the Zhenjiang region of Jiangsu where the company is located is located in the middle of the Yangtze River Delta. It is an important auto parts production base in East China, has more than 150 auto parts production companies, and has a complete auto parts production system with an annual production value of around 5 billion yuan. However, with the “blowout†of the automotive industry since last year, more and more companies have repeatedly invested, which has brought many problems. These issues include: Auto parts companies are in an unequal position. Xu said that a car that was sold for about 200,000 yuan a few years ago has now fallen to about 10 million yuan. The auto manufacturers have to increase their cost pressure in order to survive. Turn to auto parts companies. In addition to the substantial increase in prices of raw materials in recent years, many auto parts companies have actually lost profits. A large number of auto parts companies that are in the midst of the dual extrusion of automakers and raw material companies have suffered serious threats to their survival. When talking about the difficulties of auto parts companies, Xu said that supporting companies and OEMs should be equal, and they should establish strategic alliances. However, in fact, some small-scale auto parts companies can only look at the face of the auto manufacturer, and are often in an unequal position in business activities. For example, although sales are not good at present, the car produced by a car factory is basically the cash spot when the dealer picks up the goods, even if it is owed by the bank. And the auto parts company's production of raw materials required for production can not be owed to the basic account, but to the auto manufacturer, after delivery, the payment should be more than three months. RMB 1 million per month and RMB 3 million for three months. The finished products and semi-finished products running on the roads, running on the roads, and the production lines, together with the liquid funds taken up, will require 8 million to 10 million yuan. . Not to mention the size of the cost of money for this money, but also to pay the bill at the time, the problem is that now "Huang Shiren" is not good when ah. As a deputy general manager of corporate investment and financing, the financing of small and medium-sized auto parts companies is difficult for him to experience in the investment and financing process of small and medium-sized auto parts companies. He analyzed that the lack of corporate financing capabilities and the lack of sustainable development potential are common problems for small and medium auto parts companies. At present, China's banks and other financial institutions pay more attention to listed companies and large-scale state-owned enterprises; private and private enterprises, which are an important part of the national economy, do not receive timely financial support. Many small and medium-sized auto parts companies often suffer from financial difficulties. A rare opportunity for development missed. Uncertainty in the repeated construction of the auto parts industry Xu always believes that the current auto parts industry has a serious problem of repeated construction. In particular, some products with low technical content are particularly prominent, resulting in serious waste of manpower, material resources, energy, and resources. At the same time, the vicious competition in the accessories market caused by the excess production capacity has a serious impact on the development of the industry. Zhejiang Wanxiang Group will only rely on a universal joint to achieve today's world-class enterprise, relying on the self-development ability of the product; and on the low-end products with low technological content, the repeated construction will never be overtaken. The problem now is that everyone has seen this phenomenon, but no one has stopped or guided it. When talking about how to deal with these problems in the auto parts industry, Xu said that the establishment of a regional auto parts business association has become a top priority. Different from traditional chambers of commerce, the council needs to establish a consultation system, publish information through a unified website, sell our products directly to foreign countries, organize regular and irregular internal exchanges through the chamber of commerce, or go abroad for examination, or internationally The big buyers and chambers of commerce invited to come to China; with international standards, strengthen the supervision of the industry. The Chamber of Commerce will also propose some policy recommendations to relevant state agencies to support the regulation of the development of the auto parts industry, such as the support of funds in respect of income tax, export incentives, value-added tax return, corporate technological innovation, and technological innovation. In addition, within the auto parts industry, a number of “federal†scale enterprise group companies have been established through mutual equity participation. The company's output value must reach about RMB 1 to 2 billion, and through mutual guarantees within the group, or on behalf of the group, it can attract investment from domestic commercial banks and international financial groups; or the group can be listed as a whole to solve the problem of financing difficulties. Xu always hopes that the relevant government departments will change their functions and shift the focus of their work from management to service.
In an unequal position where small and medium auto parts companies are difficult?
——Interview with Xu Baohai, deputy general manager of Jiangsu Yuantong Auto Parts Co., Ltd. Since last year, the repeated construction caused by the “blowout†of the auto industry has also spread to the auto parts industry; at present, the oversupply in the auto market will inevitably affect the auto parts industry. Recently, the reporter interviewed Xu Baohai, deputy general manager of Jiangsu Yuantong Auto Parts Co., Ltd., who was in charge of investment and financing and capital operation. According to Xu, the Zhenjiang region of Jiangsu where the company is located is located in the middle of the Yangtze River Delta. It is an important auto parts production base in East China, has more than 150 auto parts production companies, and has a complete auto parts production system with an annual production value of around 5 billion yuan. However, with the “blowout†of the automotive industry since last year, more and more companies have repeatedly invested, which has brought many problems. These issues include: Auto parts companies are in an unequal position. Xu said that a car that was sold for about 200,000 yuan a few years ago has now fallen to about 10 million yuan. The auto manufacturers have to increase their cost pressure in order to survive. Turn to auto parts companies. In addition to the substantial increase in prices of raw materials in recent years, many auto parts companies have actually lost profits. A large number of auto parts companies that are in the midst of the dual extrusion of automakers and raw material companies have suffered serious threats to their survival. When talking about the difficulties of auto parts companies, Xu said that supporting companies and OEMs should be equal, and they should establish strategic alliances. However, in fact, some small-scale auto parts companies can only look at the face of the auto manufacturer, and are often in an unequal position in business activities. For example, although sales are not good at present, the car produced by a car factory is basically the cash spot when the dealer picks up the goods, even if it is owed by the bank. And the auto parts company's production of raw materials required for production can not be owed to the basic account, but to the auto manufacturer, after delivery, the payment should be more than three months. RMB 1 million per month and RMB 3 million for three months. The finished products and semi-finished products running on the roads, running on the roads, and the production lines, together with the liquid funds taken up, will require 8 million to 10 million yuan. . Not to mention the size of the cost of money for this money, but also to pay the bill at the time, the problem is that now "Huang Shiren" is not good when ah. As a deputy general manager of corporate investment and financing, the financing of small and medium-sized auto parts companies is difficult for him to experience in the investment and financing process of small and medium-sized auto parts companies. He analyzed that the lack of corporate financing capabilities and the lack of sustainable development potential are common problems for small and medium auto parts companies. At present, China's banks and other financial institutions pay more attention to listed companies and large-scale state-owned enterprises; private and private enterprises, which are an important part of the national economy, do not receive timely financial support. Many small and medium-sized auto parts companies often suffer from financial difficulties. A rare opportunity for development missed. Uncertainty in the repeated construction of the auto parts industry Xu always believes that the current auto parts industry has a serious problem of repeated construction. In particular, some products with low technical content are particularly prominent, resulting in serious waste of manpower, material resources, energy, and resources. At the same time, the vicious competition in the accessories market caused by the excess production capacity has a serious impact on the development of the industry. Zhejiang Wanxiang Group will only rely on a universal joint to achieve today's world-class enterprise, relying on the self-development ability of the product; and on the low-end products with low technological content, the repeated construction will never be overtaken. The problem now is that everyone has seen this phenomenon, but no one has stopped or guided it. When talking about how to deal with these problems in the auto parts industry, Xu said that the establishment of a regional auto parts business association has become a top priority. Different from traditional chambers of commerce, the council needs to establish a consultation system, publish information through a unified website, sell our products directly to foreign countries, organize regular and irregular internal exchanges through the chamber of commerce, or go abroad for examination, or internationally The big buyers and chambers of commerce invited to come to China; with international standards, strengthen the supervision of the industry. The Chamber of Commerce will also propose some policy recommendations to relevant state agencies to support the regulation of the development of the auto parts industry, such as the support of funds in respect of income tax, export incentives, value-added tax return, corporate technological innovation, and technological innovation. In addition, within the auto parts industry, a number of “federal†scale enterprise group companies have been established through mutual equity participation. The company's output value must reach about RMB 1 to 2 billion, and through mutual guarantees within the group, or on behalf of the group, it can attract investment from domestic commercial banks and international financial groups; or the group can be listed as a whole to solve the problem of financing difficulties. Xu always hopes that the relevant government departments will change their functions and shift the focus of their work from management to service.