Synthetic leather industry from January to March review of economic operation

Wenzhou Synthetic Leather Company from Januarydevelopment still complex, many enterprises have
to March the completion of major economicpoor. Corporate profit margins become smaller and
indicators, statistical reporting data, synthetic leathersmaller, benefits have declined. Member companies
industry in the first quarter of this year a good start,from January to March total profit 43.2635 million
I Chamber of Commerce member units in accordanceyuan, up 0.24%; by the country in general prices of
with the requirements of the concept of scientificraw materials, synthetic leather raw material prices
development, and actively respond to thecontinue to rise. Corporate receivables continue to
complicated economic situation, innovation , and exertincrease, affecting the operation of capital, 1-March
efforts to overcome the general price rise of rawof member companies receivables 625,492,800 yuan,
materials, labor costs and other difficulties to attainup 14.1%. A lot of money remaining in circulation,
sustained economic growth. Now synthetic leathersome enterprise capital operation more difficult.
enterprises from January to March economic    Wenzhou Synthetic Leather Association of the
performance review as follows:responsible person believes that the current, I trade
    One, the total industry to maintain stable rapidenvironment for economic development is still
growth. 101 member companies from January tocomplex, rather serious, we should strengthen
March industrial output value 2.225 billion yuan, upconfidence, seize the good opportunity, Hennessy,
17.38 percent. Growth in 2008 compared with 13.73eliminating disadvantages, with reality, really good
percent over the same period, 37 companies grewgrasp of all aspects of work : 1 To strengthen the
20%, and 15 enterprises grew 10% to 20%, abuilding of enterprise culture, enterprise to develop,
negative growth of 27 companies. Synthetic Leathercultural level must continue to upgrade, advanced
Company which Longwan accumulated industrialmanagement concepts, scientific way of thinking
output value 1.645 billion yuan, accounting formust be an advanced corporate culture to support; 2
above-scale enterprises Longwan 20.46 percent ofto increase the product structure adjustment,
industrial output value.improve the high-end products proportion of
    Two, the sales value is better than the growthincreased value-added products; 3 to increase science
rate of total industrial output value. Memberand technology, focusing on the intensity of talents,
companies from January to March sales value ofChan Xueyan Kaifa of funding for the project,
2.174 billion yuan, up 19.73%; produce finishedefforts to develop new products welcomed by the
products reduce the stock of 38.87%.market; 4 to Chixu promote fine management, fine
    3, export delivery value continued to showmanagement heavier Xijie , re-process,
rapid growth. January-March of member companiesre-implemented, quality, weight results, focus on
and an export value of 164 million U.S. dollars,excellence in every detail; 5 to sum up the
compared with growth of 39.45% over the sameexperience advantage, and focus on developing
period last year; According to customs statistics,domestic and foreign markets, if targeted to
Wenzhou, synthetic leather products in February toparticipate in a variety of domestic and international
025 million U.S. dollars export value, up by 172.71%,professional development of synthetic leather, further
synthetic leather exports total value of merchandiseexpand sales channels. In short, to consolidate and
exports, Wenzhou bit the top five. January-Februarydevelop the good momentum of development of the
synthetic leather exports 52,550,000 U.S. dollars, upindustry to further enhance the industry's influence
62.5%.and reputation to work.
    4, the macroeconomic environment for the