Jiangxi PingGang capital chain rupture, chairman of referred to hold a 200 million run

Iron and steel industry continued poor, small steel mills is the first casualty. On June 25, the China business news reporter from pingxiang AnYuan district government understands, pingxiang ping special steel co. , LTD. ( Hereinafter referred to as & other; PingGang & throughout; ) The capital chain rupture occurs Dong Jianwu Dong Jian chairman and general manager has brought information & other; Run & throughout; 。 At present, the local government and the public security departments have been investigated. Our reporter on trying to contact one of the two parties, but the phone went unanswered, verification messages also didn't get reply. Capital fracture PingGang ( Formerly known as pingxiang qingshan steel mill) Was founded in 1998, is AnYuan area key investment promotion project in 2007, the registered capital of 30 million yuan, legal representative Dong Jianle, is a collection of steel & ndash; Steel rolling of special steel joint enterprise, now has the capability of annual output of 800000 tons of special steel production. In 2009, the company has also been upgraded, by investing in 1. 800 million yuan GaXian eliminated the original 450 type equipment and production technology, selects the advanced type 650 continuous mill, then the smooth production. But dubious advantage. The steel industry experience & other; Flourished throughout the &; With the rapid development, into & other; The production of the loss & throughout; Steel trade and business circles, especially in the last two years because of capital chain rupture caused by & other; Run & throughout; Case can be found everywhere, and is trend of spreading to the mills. “ Because of capital chain rupture, ping steel plant shut down yesterday, affected by the steel industry downturn, the company appeared some problems. ” Late June 25, pingxiang AnYuan told our reporter interview, director of the district government than last name. According to local media reports, a lot of suppliers in the PingGang debt collection process, has been shuffle, later found Dong Jian and Dong Jianwu disappeared, two people have fled with 200 million yuan. Media quoted the fact people, PingGang owe a lot of raw material suppliers of payment for goods, more than 1000 ten thousand yuan, also have 1. 2 million. AnYuan district public security bureau confirmed to our reporter, PingGang balance does exist, & other; The local government and we have to step in and AnYuan district government has it established a special leading group. ” But for two people are together with with it, he said not sure yet. Received, according to wan, director of the personnel handling ( Local QingShan Town government personnel) Write a basic report, made no mention of hold a fleeing, & other; Just reflect the supplier default debt problem and can not find people & throughout; 。 All director also said: & other; Department of political science and law at the same time start the judicial process, now the factory equipment sealed and property preservation work, at the same time for steel factory default employee wages QingShan Town government has paid out. ” But, she says, because the report the preliminary verification of the amount of wage arrears for employees no specific amount, it also can't provide a specific amount. Small steel mills confined PingGang things is not alone. Previously, there was the tangshan private steel mills boss because of the massive debt & other; Run & throughout; 。 China steel net analysts said Qin Fenfen & other; Fire alarm throughout the steel trade &; Is circulating in the steel trade industry to phrase this year, but as this year bank & other; Money shortage & throughout; The enlargement, steel mills will face a very embarrassing situation now. In the year to date, steel price decline has reached about 600 ~ 700 yuan/ton, among them, the domestic sales of per ton steel in April the average profit is only 0. 43 yuan/ton. Qin Fenfen argues that, as the steel prices falling, steel mills but also for the day, & other; On the one hand, in front of the high iron ore, steel boiler stop or maintenance more losses; , on the other hand, due to steel prices down, the businessman problems such as loss of steel mills have also had to consider product sales, in hot water & throughout; 。 “ Private steel companies, in particular, the cost of capital is a big problem, the steel trade business itself will points to steel mills more than half of the inventory pressure, reservoir is a steel mill, steel trade business now collapsed, this alone, for many small and medium-sized steel mills are fatal. ” In the united steel logistics ShengZhiCheng, deputy secretary-general of branch of analysis. PingGang events may simply be, in his opinion, private steel companies suffered a prelude to more serious dilemma & other; The event is not an independent & throughout; 。