thefictionvixens Chapter 840
Chapter 840
Noble Turtle, in the private room.
There was another person sitting next to Liu Yang. He looked at the time and asked, "Didn't Brother Mo say he had arrived just now?"
Liu Yang nodded and replied, "I guess he should be outside the private room by now."
As soon as the two finished talking, the receptionist led Qin Mo in.
"Old Qin, you are so slow. We have been waiting for you for a long time!" Liu Yang complained as soon as they met.
"Damn, you know how far the school is from here, I am fast enough!" Qin Mo responded unhappily.
At this time, he noticed the man next to Liu Yang, looked at Liu Yang in confusion and asked: "Who is this?"
The man stood up with a smile, "Hello, Brother Mo, I am Zheng Shaoyuan."
Qin Mo was surprised, Liu Yang introduced with a smile: "Yes, this is Lao Zheng, this time thanks to the balancing machine in his shop."
Qin Mo smiled helplessly: "I told you to call me Lao Qin, no need to be so polite."
Zheng Shaoyuan smiled embarrassedly, Qin Mo is a second-generation at the same level as Wang Chen and Bai Hao, he would like to call him that, but the problem is that he is not worthy of it.
Qin Mo shook his head and said nothing more. After sitting down, he couldn't help but joked: "What's going on? Are you really going to spend a lot of money today?"
Liu Yang said proudly: "Laugh, when have I ever been short of money?"
Qin Mo directly exposed his past, "Then who borrowed money from me last time?"
Liu Yang's expression was embarrassed, "Your uncle, can't you let me pretend?"
Qin Mo laughed out loud, raised his eyebrows and teased: "Who told you to always run into the muzzle of the gun."
Liu Yang opened his mouth and finally expressed his inability to complain.
Then he said depressedly, indicating that the dishes could be served. The waitress in the private room responded and went to prepare.
Liu Yang said with a smile: "Old Zheng wants to meet you, the investment genius. It just so happens that Old Zheng helped this time, so I invited you all together. Do you mind?"
Qin Mo laughed and scolded, "What are you talking about? It's more lively when there are more people eating hot pot."
Liu Yang laughed out loud, "That's right!"
During the meal, Qin Mo and Zheng Shaoyuan chatted for a while and learned that this second-generation family was in the textile business. His assets were not ranked in the circle of Tianfu. However, Zheng Shaoyuan also knew many second-generations in the circle because of the modification shop, such as Zhang Mingjun and others.
"How is the textile business this year?" Qin Mo asked curiously while eating.
If he remembered correctly, the textile industry seemed to be quite miserable last year. It was once called a sunset industry by people in the industry. First, the fabrics were no longer as easy to sell as before, and second, many domestic factories moved to Vietnam in order to reduce labor costs. After all, domestic consumption has been severely downgraded in the past two years, resulting in an increasingly deserted domestic market.
The textile industry is a labor-intensive industry, with a large proportion of labor costs. In the past two years, it has coincided with the downgrade of consumption, and the benefits of many low-end textile factories have suffered a cliff-like decline.
Some mid- and low-end textile factories cannot get foreign trade orders, and domestic orders are not enough to support their labor costs, so they can only reluctantly move the factories to Vietnam, where labor costs are lower. Some small textile factories have even closed down.
Zheng Shaoyuan responded with a wry smile, "Not very optimistic. The current situation in the textile industry is that the business of upstream textile enterprises is getting better and better, while the business of downstream textile mills is getting worse and worse. Basically, it is very good for 90% of downstream textile mills to maintain normal operation. As for opening up new markets, don't even think about it. There is too much uncertainty in doing so. It is very likely that a wrong choice will lead to a direct collapse."
"In addition, domestic policies and support have been significantly tilted in recent years. Now it is more dominated by enterprises with higher technology content, such as electronics and artificial intelligence. The textile industry is no longer popular, especially for downstream textile mills like us. If we cannot upgrade technology and processes in time and make product innovation differentiation, the result can only be slowly shrinking and eliminated, and those upstream textile enterprises are the backbone of the future domestic trade economy."
Qin Mo nodded. In fact, the textile industry seems to be backward, but it is a rigid demand industry. For example, clothing fabrics and home textile products are inevitable for everyone. In addition, the demand for some industrial textiles is also growing. The future form of this industry will only be to remove the dross and retain the essence, that is, to continue to roll inward, and the only ones who will be killed are those small textile mills that cannot keep up with the market trend, and the impact on upstream textile enterprises is not great.
Liu Yang casually said: "Then wouldn't it be better to upgrade the technology?"
Qin Mo almost spit out his food when he said this. It's easy to say, the upgrade of the textile industry is not as simple as the replacement of the mobile phones and pagers in the early years of electronics.
The upgrade of the textile industry is an update of all dimensions, such asThe yarn is thinner, the density is higher, the weaving method is different, and so on. These alone will cost a lot of money, not to mention the differentiation of product innovation, which requires a lot of money to hire professional developers.
In short, the technological upgrade of the textile industry is tantamount to throwing money into it crazily, and a small textile factory like Zheng Shaoyuan's family can maintain the status quo now. It is good enough to upgrade now. It is no different from a gamble. If you win the gamble, there is nothing to say. If you lose the gamble, you will just wait for bankruptcy and liquidation. In this case, who dares to invest all their wealth to gamble on this slim chance?
Besides, the assets of Zheng Shaoyuan's family may not be enough to gamble this time.
Zheng Shaoyuan sighed helplessly and said, "If it were that simple, it would be great. This requires a lot of funds to support it. Now our family's business has reduced its annual profit from four to five million in previous years to only about one million. It can't afford it at all. If it fails, it will be even worse. The whole family will become deadbeats. If it were you, would you gamble?"
"Emmmmmmmm..." Liu Yang was embarrassed. He thought it was simple.
Qin Mo took a bite of the turtle skirt and asked vaguely: "How were your foreign trade orders before?"
Zheng Shaoyuan shook his head helplessly and said: "If it was a few years ago, there were still many foreign trade orders, but in the past two years, our textile technology has long been out of the current market, and some of the old customers have left. After all, if you can't keep up with the market, you will be eliminated by the market. This is the iron law of the industry."
Qin Mo didn't say anything else. Now Zheng Shaoyuan's family has fallen into a vicious circle. There is no money to upgrade technology, resulting in fewer and fewer orders. There is no way to participate in the fierce market competition. This means that the annual profit will only gradually decrease until it is completely eliminated.
Originally, he had planned that if Zheng Shaoyuan's textile factory could keep up with the market trend, he would not mind helping. After all, Comrade Lao Qin is engaged in foreign trade, and the loss of customers in his hands is enough to revive Zheng Shaoyuan's family, but now seeing this situation, he can only give up.