The First Batch Of 31 Textile And Garment Enterprises Were Awarded Credit By AAA Level Credit Enterprises.

In June 8th, the China Textile Industry Association held a conference on the evaluation of the credit rating of the first batch of enterprises in the textile and garment industry in Beijing.

Du Yuzhou, President of the China Textile Industry Association, stressed at the meeting that China's textile enterprises must have the spirit of innovation to adapt to the changing international market demand. "China's textile industry is not just a few well-known international brands, but more importantly, the credit construction of the entire textile industry."

Du Yuzhou said.

At the conference, vice president Yang Donghui of the China Textile Industry Association read out the decision of the China Textile Industry Association to issue the first batch of textile industry credit evaluation results. The 31 textile and garment enterprises, such as Shandong Hao Long Group Co., Ltd., Jiangsu Sunshine Group Co., Ltd., Guangdong Silk Textile Group Co., Ltd., Zhejiang Jie Li Ya Textile Group, and so on, won the credit rating of "AAA grade credit rating enterprise credit rating".

It is understood that the credit rating of Chinese textile and garment enterprises is the credit office of the China Textile Association, according to the "enterprise credit rating evaluation management measures" and "the overall scheme of enterprise credit rating evaluation", based on the evaluation criteria and evaluation index system of the enterprise's credit rating, according to the principle of "truth-seeking, objective, voluntary, open and pparent, serving members, supporting the strong and strengthening the strong", the enterprise credit evaluation work is carried out.

After the initial examination of the association's credit office, the review of the credit evaluation experts, the publicity of the evaluation results, the final evaluation of the credit evaluation committee, and the approval procedures of the Ministry of Commerce and the SASAC, 31 AAA level credit enterprises were finally evaluated.

According to Ye Zhimin, director of the credit office of the China Textile Industry Association, the first 31 textile and garment enterprises that have obtained credit from AAA level credit enterprises have strong solvency, good profitability and capital operation ability and stable development ability. They generally attach importance to the construction of internal credit and enhance their management ability, attach importance to product quality, technological development input and brand building, and have a strong concept of strategic innovation and development.

Du Yuzhou, President of the China Textile Industry Association, said that as a big textile country, China must stride forward to the textile power. Four aspects of technology, brand, sustainable development ability and talents must be strengthened. All these four aspects of construction include credit building.

"We need to further enhance our understanding, take credit construction as an important part of the industry construction, and form a good atmosphere of trustworthiness and accountability in the industry, promote the improvement of the integrity level of textile and garment enterprises, and promote the development of the whole industry."

Du Yuzhou said.

It is understood that the credit evaluation of textile industry includes analysis and evaluation of business status, enterprise management, financial management, human resource allocation, product quality and social reputation. Credit rating is divided into three grades and five levels, that is, A, B, C three and so on, with AAA, AA, A, B and C five levels.

Higher level enterprises can get more preferential policies and treatment in terms of financing and mergers and acquisitions.