Smart clothing attracts the bank "Olive Branch"

In the context of the current three-phase superposition and industrial upgrading, the traditional profit model of the enterprise has encountered severe challenges. However, the highest in Tianmen of a garment factory in just two years, to all intelligent upgrade traditional industries to achieve a counter-attack, but also attracted the bank's "olive branch." Recently, the Bank of China’s Tianmen City Branch acted to lend a loan of 15 million yuan to support the company’s smart clothing production.

Profit compression forced business model transformation

The traditional business model of the clothing enterprise is “order-processing-delivery-collecting money”. During the peak period has hired more than 1,000 workers, the export volume reached $ 20 million. Human tactics, export channels, and industry dividends are all factors that the company has relied on for survival.

However, with the straight-line labor costs rise, frequent fluctuations, shrinking the development of garment industry the rise of electronic business, exchange rate and other reasons, the cost of the company surged more than 40%, but clothing factory price increase of less than 15%. The rapid shrinking of the profit space has forced the company to upgrade its business model and focus on promoting robot production. In 2 years, the company has updated 40% of production equipment, saving 40 million labor costs annually.

Consumption upgrades boost enterprise product upgrades

The large amount of labor costs saved each year has injected strong momentum into enterprise innovation. With the trend of consumption upgrading in recent years, the company has further accelerated the transformation of traditional products. In the company's factory store, the company exhibited more than 10 smart clothing. On the surface, smart clothing is no different from ordinary clothing. However, a closer look at the structure is another trick. In this fabric, the built-in electronic heating, refrigeration apparatus, the temperature may be adjusted by temperature control equipment garment. It is especially suitable for the work needs of outdoor high-intensity laborers. The cleaning and use of such smart clothing is also very convenient, and the profit is also greatly improved compared with ordinary clothing. This laid a solid foundation for the overall upgrade of the company. The person in charge of the company said that it is expected to achieve 300,000 sets of production capacity in 2017, and open 25 clothing direct stores across the country, and launch online sales to make Tianmen's own brand go nationwide.

In the critical period of enterprise transformation and development, with the strong support of the Municipal Science and Technology Bureau, the Bank of China’s Tianmen Branch sent the company an “Olive Branch” and quickly invested 15 million yuan in working capital loans for the purchase of smart clothing. Raw materials. The person in charge of the bank said that it will closely follow the general trend of upgrading the traditional industries in the province and actively implement the core concept of “taking social responsibility and being the best bank”, focusing on the credit funds to be independent innovation and adapt to the times. The high-quality enterprises have come up to promote the local enterprises in Tianmen to make a sound in the national market. (Peng Jinrong)

Jewelry Cleaning Cloth

Various products of Jewelry Cleaning Cloth, providing product images and basic parameters with each Jewelry Cleaning Cloths and Silver Jewelry Cleaning Cloth; We are a professional and qualified manufacturer of Jewelry Cleaning Cloth, and look forward to your cooperation chance!


Jewelry Cleaning Cloth


Jewelry Cleaning Cloth,Jewelry Polishing Cloth,Silver Jewelry Polishing Cloth,Silver Jewelry Cleaning Cloth

Danyang Flanders Textile Co., Ltd , https://www.flandersmicrofiber.com

Posted on