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"Multi-state crisis" in perspective the plight of small business finance - Business, Finance - Phar by wgverbv dfbdfb
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"Multi-state crisis" in perspective the plight of small business finance - Business, Finance - Phar by WGVERBV DFBDFB
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| Article Posted: 03/12/2011 |
| Article Views: 152 |
| Articles Written: 1361 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 750 |
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"Multi-state crisis" in perspective the plight of small business finance - Business, Finance - Phar |
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Reached such land, surely the problem within their own enterprises, while exposed weak management, the current pharmaceutical industry is not standardized, distribution companies, after receiving the first payment, the supplier status of vicious competition.
The largest pharmaceutical distribution companies in Jilin Province, one of Jilinduobang, now set up over the years is facing an unprecedented crisis of survival: the country of over a hundred suppliers collective debt collection company executives Beixing Ju ... ... What is more worrying is a "multi-state crisis" caused a chain reaction?? Jilin Cosmos Co., Ltd., Chinese medicine has suffered a collective debt collection companies, faced off for the supplier, run withdrawals risks of unsustainable management. Reporter found that "many state crisis" is a long-term accumulation of contradictions in the results of the industry, but also reflects the current economic situation of SMEs financing.
Crisis In Jilin province is famous multi-state, multi-state pharmaceutical ingredients Co., Ltd, as the province's largest pharmaceutical wholesale company with thousands of customers, the marketing network all over the northeastern provinces and Inner Mongolia, and with multi-state Pharmaceutical Co., White City companies constitute the multi-state enterprise groups.
Multi-state experience is a lot of
Pharmaceutical companies "Growth history." 1995 to 2005 in Jilin
Pharmaceutical Industry The peak growth period, many pharmaceutical companies to complete the primitive accumulation during this period, the company began to produce some flow of enterprise transformation. Jilinduobang Chinese herbs, Ltd. was incorporated in 1998, registered capital of 1 million yuan, but only after 4 years, had capital increase to 2000 million; in 2002, White City more than 60 million yuan output value of more states, business level 64 province
Traditional Chinese medicine Plant in the fifth. 2002 Jilinduobang certified by the GSP, the following year, the overall migration reform Baicheng many states, with a total investment of 72 million yuan. It is understood that many state reform from the very beginning of GMP in a "lack of money the state" is still owed part of the construction unit construction cost. 2006, with the increasingly competitive pharmaceutical market and the state has to implement drug price cuts, many states Baicheng trouble, to take "one year one year pressure" approach to clearing the arrears of payment Jilinduobang also the case began. Multi-state executives have said that "transformation occupy too much money, is a key factor in trouble."
It is understood that lead to the "multi-state crisis" triggered a "chairman disappeared" rumors. In late November 2008, some multi-state supplier to the chairman of mobile phone can not get through checkout and found, rumors spread like wildfire. Soon, the national discussion on the influx of hundreds of suppliers to be paid, will be more crowded around the headquarters state. According to statistics supplier spontaneous, multi-state owed money up to 30 million yuan. Since then, many state executives appeared dialogue with suppliers, and to discuss a way out a few debts, but soon he is Beixing Ju, multi-state rudderless, became a mess.
"No matter whether the state offense, as debt collection and supplier executives Beixing Ju, multi-state credit has been severely damaged, a possible this fall with big brand." ICC Secretary General Ma Jingping the pharmaceutical industry in Changchun said.
According to its introduction, many states are in part supplier to supplier Jilin Cosmos, "multi-state crisis" led directly to suppliers of the Cosmos "collective debt collection", these companies also dragged into the " a run on withdrawals "quagmire. Since then, Changchun Xinan, Tonghua Huachen events such as pharmaceutical companies in debt have been exposed, triggering Jilin Medical Business "earthquake."
Chance or necessity? "So many states went to the fields, there must be the problem within the enterprises themselves, but also exposes the current widespread pharmaceutical industry is not standardized, distribution companies, after receiving the first payment, the supplier cut-throat competition status quo. "one industry analysis.
" Pharmaceutical market Irregular varieties repeat, repeat manufacturers, so that commercial cultivation of this weakness, want the arrears, not in arrears would not have done, they did not risk, the risk of pushing to the production enterprise. "One supplier said.
It is understood that China's pharmaceutical enterprises are many and complex, producing low-level redundant species, in order to protect sales, price competition brought about the vicious cycle of commercial channels. I am China Agriculture Net writer, reports some information about avon perfume bottles , opuntia ficus indica.
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