Behind The Suspension Of Asset Restructuring, YOUNGOR Wants To Pfer Some Capacity To Vietnam.

The rapid rise of labor costs in China has not only pushed back the international brands that have come to China, but domestic enterprises are also planning to build overseas P bases.

A few days ago, there were news reports that three companies of YOUNGOR, Hongkong Lutai group and Guangdong Industrial Park operation company planned to jointly invest in 1 billion yuan scale industrial park project in Vietnam.

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< p > according to the introduction, YOUNGOR intends to put the fabric and other production capacity into the industrial park above < a href= "//www.sjfzxm.com/news/list.aspx Classid=101112107102" > joint investment < /a >.

In this regard, the industry did not feel surprised, a senior person in the industry said that as of now, many garment enterprises have moved factories to Vietnam and other countries, and the pfer of origin is mainly due to the rise in labor costs.

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A report released last year by the p China filament weaving Association showed that the wages of China's filament weaving industry experienced an average increase of about 7% in 2013, after experiencing three consecutive years of high growth in 2010, 2011 and 2012.

Among them, the average wage of Shengze, Jiangsu, which is the most important place of China's textile industry is 4000 yuan / month (8 hours working system). This level of wages is much higher than that of Kampuchea, Burma and other countries around China.

It is understood that the wages of Burma textile workers are only 600 yuan / month (12 hours working system).

In addition, another analysis said that the appreciation of the renminbi has also brought pressure on clothing and other manufacturing industries.

The day before yesterday, the central parity of RMB against the US dollar was 6.049, and it is predicted that the renminbi will continue to rise this year.

Data show that in the appreciation of the renminbi, most of the emerging market currencies in 2013 generally fell, and the attractiveness of China's manufacturing to foreign investment had weakened.

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< p > it is reported that the international brand that had been built in China's Dai Jian Dai factory has already chosen to shift production positions early.

In 2001, China produced 40% Nike shoes, Vietnam accounted for only 13%, and Vietnam's share rose to 37% in 2010, which was 34% higher than that in China.

Not only is the international brand, but also the domestic garment enterprises have been unable to bear the burden of high cost. Many enterprises are seeking to go to sea to run factories or seek foundry work, like YOUNGOR.

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< p > in fact, YOUNGOR tried to pfer production base to < a href= "//www.sjfzxm.com/news/list.aspx Classid=101112107101" > Vietnam < /a > three years ago.

In early 2011, it was reported that YOUNGOR spent $about 4000000 to buy a shirt factory in Vietnam, Hanoi.

Li Rucheng, chairman of YOUNGOR, said that the Vietnamese people are more industrious, the investment environment is improving, and the labor force price is lower than that of Ningbo.

"This Vietnam factory will develop into one of YOUNGOR shirt processing bases in the future."

Li Ru Cheng said.

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< p > yesterday, the reporter contacted YOUNGOR's responsible person and did not give a positive response to Vietnam's investment in the industrial park project.

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< p > however, in the case of a decline in the Shanghai stock market, the face of a lot of bad start of the industrial university is still out of a wave of surging market, closing up 6.05%, the highest intraday increase of 8.59%.

Some analysts said that if the major shareholders changed hands, the follow-up did not exclude the space for imagination, and the pioneering work of the labor force would become the target of speculation.

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< p > yesterday, the reporter contacted YOUNGOR's director Liu Xinyu.

She said, < a href= "//www.sjfzxm.com/news/list.aspx Classid=101112107108" > YOUNGOR < /a > for the time being, there was no action at all. There was no plan to increase the number of the pioneered workers. At present, there was no manager to enter the first board of directors of the University.

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< p > in the background of the leading restructuring of the leading restructuring company, which led to the termination of the company's restructuring and the original two shareholders YOUNGOR's overwhelming popularity, will the stock auction of the octopus group bring the potential reorganizing Party's "coming out" or the reorganization of the company to YOUNGOR to take the lead in the overall situation? Will Gong Dong Sheng have any "arrangement" for this?

But there is no doubt that the sale of shares at this point will have a major impact on the restructuring of the workers' major in the future.

Is YOUNGOR going to move next? What will happen to the start of the industrial university?

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