Why Has The Boss Of Wenzhou Recently Been Playing "Missing"?

The boss sent his staff to travel but secretly disappeared.

Just past the mid autumn holiday,

In addition to Omi, recent events in Wenzhou and other places are frequent.

Zhou Dewen, President of the Wenzhou Association of small and medium enterprises, believes that the increasingly large scale but lack of certain standard of private lending has become the high incidence of various disputes. Many SMEs are forced to go bankrupt under this influence.

The relevant government departments should pay attention to this situation.

Starting in August of this year, a number of business owners in Wenzhou suddenly "disappeared", including Wenzhou JU Bang shoes company, Wenzhou Longwan District Baal household appliances, Jiangnan leather, three flag group, Tianshi electronics and so on.

Caused by private lending

The Wenzhou private lending market report released by the Wenzhou central sub branch of the people's Bank of China in July showed that the private lending market in Wenzhou is currently estimated at about 110 billion yuan, and about 89% of the households and 59% of the enterprises are involved in private lending.

For example, Zheng Juzhu, the boss of the "Bai Le appliance" disclosed by the media, has a total amount of about 300 million yuan in arrears before missing.

These creditors "heard that Zheng Juzhu had earned money and had a good reputation" and put money in her place, waiting for "money to generate money".

At present, the short-term borrowing of private lending in Wenzhou is at least 6% of the monthly interest rate, some up to 8% or even 10%. The rate of adult interest rate is as high as 72% or 96%. In accordance with the highest interest rate stipulated by the state, it can not exceed 4 times the benchmark interest rate, and is already in the category of "usury".

Zhou Dewen pointed out that today's physical enterprises, the actual profit margin is often only 3% - 5%, such a high monthly interest is simply unbearable.

Once an accident causes the chain to break, the consequences will often lead to the whole body.

The choice of private lending is mostly "helpless".

Since the risk of private lending is huge, why do so many people still enjoy it?

Small and medium-sized enterprises financing difficulty and loan difficulty is obviously the primary problem.

For most small and medium enterprises in Wenzhou, because of the increasing cost and lower profits, the maintenance of production and expansion will require a large amount of capital protection. However, in the current situation of tight money, compared with large state-owned enterprises, it is very difficult for SMEs to obtain loans from banks, forcing these enterprises to only take the road of private lending.

On the other hand, as the heavy town of China's private economy, Wenzhou is hoarding a large amount of private capital.

Statistics show that at present, Wenzhou's bank deposits are 76 billion yuan, and the private floating capital on the market is estimated to be as high as 800 billion to 1 trillion yuan.

Jiang Yi, general manager of Ping An Yi residence in Wenzhou, said: "now the state has introduced the restriction policy, many people have lost the qualification to buy a house, and many idle money has nowhere to go, so they pfer to private lending."

Private lending can be regulated.

At present, SMEs have no way to seek loans, they can only seek the current situation of private lending, and relevant government departments have also begun to take positive measures.

In June 7th, when the CBRC issued the notice on supporting commercial banks to further improve financial services for small enterprises, commercial banks were asked to moderately raise the tolerance ratio of non-performing loans, so that financial resources could be more tilted to small enterprises, so as to alleviate the current phenomenon of "money shortage" in some enterprises.

Although this notice is only a framework provision, it has been regarded as "life-saving straw" by many SMEs.

Many experts pointed out that under the current circumstances, commercial banks must change their concepts, and provide loan support for SMEs' development according to the characteristics of SMEs, through the reform of credit rating methods for SMEs, expanding the scope of loan mortgage registration, and actively innovating financial services and services.

"For the existing private lending, the government can establish private lending laws and regulations to standardize private lending."

Zhou Dewen pointed out that the adjustment of banking policies will still take time for SMEs, and private lending is the only way for SMEs to get loans from banks.

Therefore, it is necessary to formulate relevant laws and regulations on private lending as soon as possible, and guide and encourage institutions approved by government departments to conduct private lending business normally, so that private lending can operate in the sunshine.