[NTD Beijing, May 10, 2022]Shanghai announced that two batches of more than 1,800 enterprises have resumed work and production, but the Shanghai Securities News said that among the 667 enterprises surveyed, nearly 50% of the Shanghai enterprises said that , Due to logistics obstructions and supply chain disruptions, the current rate of resumption of work and production is less than 30%.
According to comprehensive media reports, as of May 7, Shanghai has determined two batches of whitelists for resumption of work and production. The Shanghai Securities News stated that they recently launched a questionnaire survey with listed companies in the Yangtze River Delta region as the main survey objects.
As of May 7, a total of 667 listed companies had received valid questionnaires. The survey results show that more than 90% of the surveyed companies have reported that they have been affected by the epidemic; more than half of the surveyed companies currently have a resumption rate of less than 90%; among them, Shanghai companies are the most serious, with about 49% of the companies reporting that their resumption rate is less than 30%.
According to the survey, among the 667 companies with effective feedback, listed companies in the Yangtze River Delta region accounted for 95.2%, including 142 in Shanghai, 258 in Jiangsu, 200 in Zhejiang and 35 in Anhui.
In terms of enterprise nature, there are 498 private enterprises, accounting for 74.66%; 119 state-owned enterprises, accounting for 17.84%; and the remaining 50 are Sino-foreign joint ventures.
In terms of enterprise scale, there are 379 companies with more than 1,000 employees, accounting for about 57%; 387 companies will have a net profit of more than 100 million yuan in 2021. Most of them are companies with relatively solid wealth.
Regarding the situation of listed companies in Shanghai, as of May 7, 48.89% of the 142 Shanghai companies that have responded effectively have a resumption rate of less than 30%, about 11% have a resumption rate of over 90%, and the remaining companies have resumed work. The recovery rate is between 30% and 60%.
According to the investigation by the Shanghai Securities News, the main problem with the low rate of resumption of work and production lies in the “blocked logistics and broken supply chain”. Followed by “restricted personnel flow, production, R&D and sales lag”; and 3.2% of the enterprises said that “due to the need for epidemic prevention, production was suspended.”
According to the report, among the first batch of 666 “whitelisted” companies, 368 have actually remained closed and “in production”, accounting for more than 55%. Among them, many semiconductor companies have made adequate preparations before the closure and control, trying their best to maintain production. These companies are considered to be in a state of resumption of work and production.
Obviously, the rate of resumption of work does not reflect the degree of effective resumption of work.
According to data released by the China Small and Medium Enterprises Association on the 9th, China’s Small and Medium Enterprise Development Index (SMEDI) continued to decline in April from the previous month. This is the third consecutive month of decline in the index, showing that Chinese small and medium-sized enterprises continue to face operational difficulties under the epidemic.
According to the website of the China Small and Medium Enterprises Association, the Small and Medium Enterprise Development Index (SMEDI) in April was 88.3, which continued to drop by 0.3 points on the basis of a month-on-month decrease of 0.6 points, lower than the level in the same period in 2021.
Among them, the sub-industry index fell seven times and one rose, only the real estate index rebounded slightly, and seven indexes including industry, wholesale and retail, and social services fell.
The survey on the operating rate of sample enterprises in May showed that 17.85% of the enterprises were fully operating, 14% had operating rates between 75% and 100%, and 23.9% had operating rates between 50% and 75%, less than 50%. 28.8%, and 15.50% have not started.
Earlier, Song He (pseudonym), manager of a factory in Pudong, Shanghai, told The Epoch Times that the statistics of the Shanghai authorities on the start of construction were fake and the actual situation was different. As long as the employee arrives, it is defined as the start of work. It does not ask how many employees are on the post, whether there are raw materials, or whether the production can be carried out. All you need to do is sign the start-up commitment. What the authorities want is the start-up data. Most of the employees are locked in their homes, unable to work at all. It’s all fake.
(Reported by reporter Liu Minghuan/responsible editor: Wen Hui)
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