Prior to the Spring Festival, Zhou Xiaobo, general manager of Chengdu Zhongjia Color Masterbatch Co., Ltd., which provided color materials for plastic bags, received a letter of paper. The letter stated: “Because of the influence of national policies and other factors... Our company will stop production from now on. Clearing of the business... We hope the suppliers understand.†The letter was collected as “Henan Huaqiang Plastic Co., Ltd.â€. At the same time, the announcement of Huaqiang's bid price of 2.8-3.5 billion yuan was also announced. Since then, this company, which has been manufacturing plastic bags for 12 years and has an annual production value of 2.2 billion yuan, has been hailed as the nation’s largest manufacturer of plastic packaging bags. "Stop" button.
Selling millions of inventory cuts
Chengdu Zhongjia Color Masterbatch Co., Ltd. is one of the eight color master batches of Huaqiang in the country (a kind of raw materials specially designed for plastic bag coloring). The two parties have cooperated for 8 years. The provided color masterbatch is exclusively for Huaqiang Plastics. Bags for coloring. According to Zhou Jiabo, general manager of Zhongkai, Huaqiang has two branch factories in Luohe, Henan and Fuping respectively. After the letter of “deal liquidation†is issued, Luohe branch will also carry out price reduction and sale of plastic bags, and at least the value of the sale of products. million dollar.
Li Shu, a professor at the School of Economics at the Southwest University of Political Science and Law, said that “finalization and liquidation†means discontinued production, but it is different from what people often call “bankruptcy.†“Bankruptcy†means insolvency and forced closure of business; while “settlement†is not There is a problem of debt, and more is automatic closing.
Transfer of discontinued employees
The announcement of the transfer issued by Huaqiang Online: Luohe Huaqiang Plastic Co., Ltd. and Fuping Huaqiang Plastic Co., Ltd. were transferred as a whole. The “post-tax†transfer price was tentatively set at 280-350 million yuan depending on the specific receiving conditions of the acquirer. On the 12th. Huaqiang Guangdong headquarters staff confirmed to reporters yesterday that Henan Huaqiang has now stopped production and the workers have also learned to disperse.
Industry voices are not optimistic about the acquisition
According to industry analysts, Huaqiang has an annual output value of more than 2 billion yuan and no liabilities. If you want to start another green plastic bag, you should have no problem. Huaqiang company staff also said that the company does not rule out the possibility of transformation. However, the industry is not optimistic about its transfer. First of all, its large number of expensive blow molding machines and film making machines are all eliminated products after the national ban. They cannot produce qualified plastic bags. I bought a pile of scrap iron.
90% of products do not comply with new regulations
The staff of Henan Huaqiang Company frankly stated that last month the state promulgated the “plastic banâ€. From June 1 this year, all plastic bags with a thickness of less than 0.025 mm are prohibited from production and sales, and more than 90% of products manufactured by Huaqiang are Ultra-thin bags, so the company chose to go out of business. In addition, the reporter learned that Huaqiang and the supplier's contract is a three-year one-signature. In October this year, it is the time for signing the next round of contracts. However, on June 1st, the new regulations for plastic bags will be implemented, and asset clearing will now take place ( The time is usually 2 to 5 months. It can clear the way for the next move. It is reported that the implementation of the new "Labor Law" and the differences in preferential policies for investment promotion promised by the local government are also reasons for Huaqiang's closing.
News background
Huaqiang Plastics Co., Ltd. was invested by Guangdong Nanqiang Plastics Co., Ltd. in August 1995 and invested 60 million yuan. After 12 years of development, Huaqiang now covers an area of ​​430 mu and boasts nearly 10,000 sets of blown film and bag making machines. Million people, the annual output of 250,000 tons, annual output value of 2.2 billion yuan, its scale has been ranked first in the plastic bag packaging industry for 11 years.
Experts: Huaqiang stop production is conducive to environmental protection
Regarding the shutdown of Huaqiang, the Secretary-General of the Chongqing Plastics Industry Association, Mr. Zhang, said that this was a correct move by the company to respond to the national “plastic ban†and was only beneficial to the promotion of the national environmental protection cause. Although it may cause huge loss of profits for enterprises, Huaqiang can completely transform and produce environmentally friendly plastic bags. The market space for this piece is also very large. As the largest supermarket and shopping mall plastic bag supplier in Sichuan and Chongqing, Zhou Lian, the person in charge of Chongqing Lianfa Plastic Raw Materials Industry Co., Ltd. believes that Huaqiang has withdrawn from the market, leaving an empty plastic bag demand market of more than 20 billion yuan. This is for plastics. For a bag manufacturing company, there are huge opportunities hidden in it. Interested parties can go for it. For the vast number of suppliers of Huaqiang throughout the country, Huaqiang's suspension of production is undoubtedly a "strike." Chengdu Zhongjia Color Masterbatch Co., Ltd. stated that it is always concerned about the next step of Huaqiang. If it is transformed into a green bag, the old supplier will be Give priority to continuing cooperation with them.