subject: Toy Association, Said That Two Years Have Closed Down Large Toy Companies - Toys, Bankruptcy - Toys [print this page] Dongguan, Smart Union toy factory has suddenly closed down its factories, including two big toy factory, and Jun-Jun leading toy factory has more than 7,000 employees are facing the problem of unemployment, it is understood that more than 7,000 unemployed workers has been a part of their advance of wages by the government, many employees have begun looking for new places of work.
1 Large Toys Plant officials said, perhaps their own back tomorrow, and now can not say too much free time to be read by a joke.
Someone opened a factory in Shenzhen, he can only live and eat in the factory every day. Because staff would not let him go out, afraid he would not back out.
"Now everybody afraid, even Cooperation Relationship a few years old.
My downstream customers let me end on January 1, and now the pressure is very big money. "
Some companies have chosen to bite the stick. "Would prefer not to make money, have to be settled pretty."
Smart Union collapsed, marking the toy industry, the advent of winter. Who is next?
"Daily Economic News" Ye Tan, chief commentator has written, "co-Jun is not alone, there are already more than half of toy manufacturers out of business, there will be more and more companies have joined the ranks of collapse."
This year in May, Dongguan Toy Association forward to research committee member said, Dongguan City, Dongguan was still more than 3800 Toy Company Operation, "but in another two years", can survive only a maximum of 2,000, the other companies will close down more than 1,800 toys.
Now appears that this prediction is not alarmist.
Year of life and death of toys Dongguan
Dongguan known as the "city of the world's toys," said, toys are one of the eight pillar industries. Data show that China produced 75% of the world's toys, Guangdong, China produced 70% of the toys, Dongguan, Guangdong has produced 60% of the toys.
20 century and 90 years, Dongguan toy industry began to form industrial clusters, more than 90% Toy Exports Europe and the United States. Peak, registered in the Trade and Industry Bureau has 4,000 toy factories, there are more than 2,000 production-related businesses with the toys.
But now, this number decreased sharply. Ha, Chairman Xiao Senlin generation toy factory, said even now to have 1000's pretty good, more difficult to predict the future.
From the Municipality of the data shows that foreign toys Dongguan in 2005, there were 639 in 2006 to 630 in 2007, steep drop to 500.
Before the close-Jun have been too many toy factories fell quietly. Liaobu On Toys factory was producing toys Dongguan, one of the earliest, after the Spring Festival this year, this old toy factory closed quietly.
Houjie Hsitou toy factory is a mid-80s last century, settled in the old factory in Dongguan, a few months ago has been discontinued, and is currently being deregistered.
Probably suffered the same fate of the reason for the fall-Jun colleagues remained silent. Responsible for a large toy factory said, maybe his back tomorrow, and now can not say too much free time to be read by a joke.
Customs statistics show that in the first half, Dongguan toy exports 550 million U.S. dollars, down 1.5% over the same period last year, the first decline in recent years.
Mu-ming of Hong Kong businessmen who are the largest toy manufacturers in Dongguan, one of peak plant covers an area of 100,000 square meters, the number of workers to 8,000. Now, he has to switch operating paper factory.
"This year will be the fate of toys Dongguan years." He said he glad that they switch back.
