Introduction: At the end of the past year, the major factories in Dongguan will be in full swing to prepare for the closing of the year, and overtime has also become the norm for Dongguan factories, however, the situation seems to be different this year. Previously, a news about "Dongguan Youlian Sheet Metal Technology announced its dissolution due to unsustainability" spread on the Internet platform, causing concern from the outside world.According to industry sources, Dongguan Youlian Sheet Metal Technology previously issued an internal notice, saying that the factory was struggling during the epidemic, operating every year but losing money every year, and now it has no choice but to announce its dissolution, and the specific dissolution date is December 12, 2023, when the factory will completely stop production, and the employees will be dismissed in accordance with the law. The issuance of this notice means that the sheet metal factory, which has been deeply cultivated in Dongguan for 25 years, has officially "closed down", and a number of industrial workers have lost their jobs as a result, and what to do in the future has become a new problem.
It is worth mentioning that although Youlian Sheet Metal Factory reluctantly announced its dissolution, it still promised to protect the rights and interests of employees, and give employees certain economic compensation in accordance with relevant regulations, drawing a successful end to the factory. As mentioned in the notice, the factory is operating every year but losing money every year, but it still does not disguise layoffs or run away with money to avoid losses, but adheres to the bottom line of morality and law, which is still worth affirming. The behavior of Youlian Sheet Metal Factory is not only a reward and respect for the hard work of employees, but also reflects the responsibility and responsibility of the enterprise.
According to public information, Youlian Sheet Metal Factory was registered and established in 1998, which has a history of 25 years. Since its establishment 25 years ago, Youlian Sheet Metal Factory has focused on the processing and manufacturing of various metal plates, and has also been involved in various stainless steel precision accessories, and the products produced by its factory are widely used in home decoration, automobiles, communications, and electronics. In many fields such as automation, it has won wide recognition in the market with its professional technology and service awareness.
Some netizens believe that the fact that Youlian Sheet Metal Factory can operate in Dongguan for 25 years shows that this factory has been trusted by the market, and its survival logic is in line with the characteristics of the market. However, in the face of the overall shrinkage of market demand, Youlian sheet metal factory is still facing greater pressure, and finally came to the situation of bankruptcy, which is really embarrassing. According to the analysis of industry insiders, there are many reasons for the closure of the factory, and the decline in orders and the rise in operating costs are key factors.
First, orders are slipping.
Over the past few years, the global economic downturn has become an indisputable fact. Factors such as the impact of the epidemic, the intensification of geopolitical conflicts, exchange rate fluctuations, interest rate hikes in the US dollar, the transfer of ** chain led by the United States, and the high cost of raw materials and energy procurement have made the global economy continue to decline, with weakening expectations, sluggish consumption, and overall shrinking demand. In this context, some traditional manufacturing factories have to choose to reduce production to alleviate operating pressure, and some factories simply close down.
Second, the cost of doing business has risen.
The former world factory, with the advantage of low cost, once sold products to the world. However, with the high housing prices all the way up, the operating costs of factories remain high, which is very "unfriendly" to the traditional manufacturing industry, and the transfer of part of the capacity or orders has become inevitable. In fact, rising costs will greatly compress corporate profits, and the rationality of enterprise transfer is objective.
In any case, the closure of Dongguan Youlian sheet metal factory has become a doomed fact, for employees, the closure of the factory means unemployment, and where to go in the future has become a new problem.
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