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Securities Analysts: There Has Been No Obvious Effect On Eliminating Backward Production Capacity

2010/8/26 20:16:00 62

Ministry Of Industry And Information Technology

  

since

Ministry of industry and information technology

Recently, after announcements of 18 industrial enterprises to eliminate backward production capacity of 2087 enterprises, the enterprises involved in the textile industry are taking measures to ensure that the list of backward production capacity will be closed by the end of September this year.


Among them, printing and dyeing and chemical fiber elimination of backward enterprises list, there is no lack of listed textile enterprises.

Mei Da shares, hang min shares, Zhejiang Fu run, Vico essence are involved. After the announcement of the list, the 4 companies have issued a notice to explain the impact of the capacity elimination task on the company.


The company said that the production of the 1 batch of low medium spinning production equipment, which is the company's two spinning production line T4/T10, covers the production capacity of 3 thousand and 400 tons per year, accounting for 4.85% of the total production capacity of the company.

Because

equipment

Its efficiency is low, it can not produce qualified products, and it has been shut down in September 2009.

The equipment has been prepared for depreciation and asset impairment provision in accordance with the regulations. The current book value is 0.

The company is not expecting it.

Management

Impact.


The list of the enterprises involved two subsidiary companies of Zhejiang Airlines Limited by Share Ltd: 1 units of the Hangzhou Civil Aviation Co., Ltd., 2 of the mercerizing machines and 3 dyeing machines, and 30 of the dyeing machines of Hangzhou civil aviation and dyeing Co., Ltd., the shares of the civil aviation company, which accounted for 15% or 13% of the existing production capacity of the two enterprises.


In addition, the list also refers to the 30 sets of equipment and 16 million 800 thousand meters capacity of the Zhejiang Zhejiang run run printing and dyeing Co., Ltd. (Finland printing and dyeing Co., Ltd.), namely, the high temperature machine, the setting machine, the steel needle and hair removal machine, the flat screen printing machine, the Ali Wolli steaming machine, the gasoline singeing machine, the cold rolling mill, the shearing machine, the hydraulic baler, the bristle machine, and so on. 30 of the list is also owned by the Limited by Share Ltd.

Zhejiang Fu run believes that the current round of elimination of backward production capacity has no obvious impact on the production and operation of rich and wet printing and dyeing.


More than ten sets of dyeing machines, setting machines and other 30 million sets of production capacity of Ningbo Wei Zhong printing and dyeing Co., Ltd. are also listed in the list.

But it is understood that the subsidiary is now in a state of closure.


According to the Ministry of industry and information technology, only by speeding up the elimination of backward production capacity can we change the extensive development mode of high input, high consumption, high pollution and low output, in order to make market capacity for advanced capacity, ease the contradiction between overcapacity and improve the level of technology and equipment and international competitiveness.


To eliminate backward production capacity, Dongxing securities analyst said that the elimination of backward production capacity from 2006 to now has not seen any obvious effect.

Most of the printing and dyeing and chemical fiber enterprises have taken the initiative to take some technical renovation or go out of business for rectification.

This is evident from several publicly listed textile companies.


In addition, how to settle jobs after the elimination may involve a series of problems such as local GDP, finance and so on. In short, it should not be a mere formality.

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