Project Name: Yujiu Silk Co., Ltd.
Release Date: 4th June, 2018
Industry: Manufacturing, textile industry
Location: Suqian City, Jiangsu Province
Project validity period: Half a year
Total amount of project capitals: 20 million US dollars
Project Description:
Yujiu Silk’s 4 companies (Yujiu Silk, Yujiu Silk, Hongyun Silk and Tianyuan Silk), Jiujiu Silk is one of the national key leading enterprises in agricultural industrialization, with silk as the main line, involving silkworm mulberry breeding and silk reeling. Weaving silk, home textiles and other fields have formed a seamless industry of silk and silk, integration of trade, industry and agriculture. Yujiu trademark is a well-known trademark in China; Yujiu silk products are high-quality products of the Ministry of Agriculture, China’s green environmental protection products, and famous brand products in Jiangsu Province; Yujiu brand has been awarded the honorary title of China’s famous brand and the top ten influential brands in China’s silk industry. It has 38 sets of imported Italian looms, equipped with more than 120 sets of winder, wire-drawing machine, silk-reeling machine and warping machine, all of which are international and domestic advanced equipment.
Since the second half of 2017, due to the serious lack of production and operation funds, the long-term silk machinery and equipment can not be fully loaded, only 25% of the operating rate, far below the production and operation profit and loss threshold, basically no profitability, maintain this state It will only make the company’s losses more and more serious. Because the major shareholders of the long-term Silk has been unable to continue to invest in the production and operation of enterprises, to save the enterprise, it is necessary to introduce new investors. In the early stage, the relevant departments of our district did a lot of market research on revitalizing the long-term silk, and believed that it was possible to adopt a new entity to conduct production and operation in the form of “lease + reorganization”. In the short term, we will lease the existing plant equipment of Yujiu Silk and continue to use the “Yujiu” brand to carry out production and operation. We may consider participating in the bankruptcy reorganization of the original Yujiu Silk. The specific operating costs and profits are calculated as follows: Full-load production: According to the current fabric samples, the annual production of plain fabrics is about 1.2 million meters, the direct cost is about 50 yuan/meter, the market price is 59 yuan/meter, and the annual sales income is 70.8 million yuan. Gross profit of 10.8 million yuan, gross profit rate of 15.6%; according to the current jacquard fabric samples, the annual production of jacquard fabric is about 100,000 meters, the direct cost of jacquard fabric is about 137 yuan / meter, the average market price of 180 yuan / meter, can be achieved throughout the year The sales income is 18 million yuan, the gross profit is 4.3 million yuan, and the gross profit margin is 24%. The total gross profit is about 15.1 million yuan. Home textile production. If full-load production: According to the current four-piece sample, the annual output is expected to be 30,000 sets, the direct cost is about 192 yuan / set, the current market price is 346 yuan / set, the annual sales income of 10.38 million yuan, gross profit 4.62 million Yuan, gross profit rate of 44.51%; according to the current sample of mulberry silk, the annual output is expected to be 10,000 sets, the direct cost is about 836 yuan / bed, the current market price is 1100 yuan / bed, the annual sales income of 11.1 million yuan, gross profit 2.74 million yuan, gross profit margin of 24.7%. The total gross profit is about 7.36 million yuan.
Based on the above two aspects, full-load production can achieve a gross profit of about 23 million yuan. The silk industry is a special traditional industry in China. Silk products still maintain a dominant position in the world. Especially in the context of the “One Belt, One Road” strategy, the silk industry, as a traditional advantageous industry in China, will usher in new opportunities for transformation, upgrading and development. . Now we are looking for mergers, reorganizations, acquisitions, joints, shares, and leases. The specific cooperation methods can be discussed. You are welcome to visit the company on the spot. If you need to know the specific situation, you can contact me at any time.
Information Source: Ministry of Commerce Public Services
