Two-thirds of Shenzhen plastic coating companies closed down

As one of Fuchang Plastic Coatings and other suppliers, Zhang Xuanye quickly adjusted his products and seized the opportunity of hardware chemical accessories.
In January 2016, Zhang Xuanye's factory signed a cooperation agreement with a listed company in South China to provide chemical accessories for its metal mobile phone shell production line.
This big deal was regarded by Zhang Xuanye as a life-saving list.

"I only make chemical accessories for hardware and focus on this sub-industry.
" Zhang Xuanye has also adjusted the size of the factory's staff.
Before doing plastic coatings, there were 40 people in the factory.
Zhang Xuanye reduced the number of people to about 10 years ago, and will no longer recruit people after a year.

"It will not be difficult to recruit workers after the new year, because there are too many people waiting for work.
" When asked whether it will be difficult for him to recruit workers in the mobile phone supply chain industry after the new year, Zhang Xuanye answered straightforwardly.
He told reporters that during the recent process of asking for accounts, he has repeatedly encountered bitterness from some factory technicians, saying that his work has not yet settled in the next year.

Regarding the management of the factory, Zhang Xuanye's thoughts have also changed.
He no longer manages with a "boss" mentality, but shares it with employees in the way of a partner.
He wants employees to understand that the industry environment and even the economic environment are not optimistic.
In the case of circumstance, group heating is the key to the winter, so as to increase production capacity in the case of downsizing.

Zhang Xuanye's other New Year's plan is to "calculate carefully and control cash flow.
" In the past when supplying Fuchang Electronics, there has always been a phenomenon, that is, suppliers have to advance their own funds to supply goods and pledge the goods to large customers like Fuchang Electronics to obtain orders.
This also directly led to the death of many small and medium-sized suppliers later.
The funding chain is broken.

"I would rather make less money, but I must have cash, so that I can not lose money.
" Zhang Xuanye was particularly excited about the cash flow problem, and repeatedly emphasized that he could not repeat the tragedy of supplying Fuchang Electronics.
In addition to cash transactions, Zhang Xuanye also mentioned that he is worried about the cost of the newly engaged hardware accessories industry, because the product defect rate has reached 50%, and his own cost control needs to be improved.

"I'm still steadfast in doing business, I'm not good at stocks," Zhang Xuanye answered when asked by reporters whether to stock stocks.
He frankly admitted that there are many bosses around him who invested all their money in the stock market.
As a result, 2015 Years are miserable.
His partner suffered a "half cut" and lost a BMW.
Zhang Xuanye said that he still runs his own small factory honestly, and is careful to keep it going.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )