abstract：NOTICE:all the companies name below listed in Chinese Pinyin

In 2021, 9 sanitary ware enterprises declared bankruptcy and more than 21 assets were auctioned

According to incomplete statistics, since 2021, a total of 16 bankruptcy documents involving sanitary ware enterprises have been added to the announcement website of the people's court, of which the number of bankrupt sanitary enterprises in Zhejiang and Guangdong ranks the top two. In the same period, 21 sanitary enterprises conducted asset auctions on Alibaba auction platform, of which about half have applied for bankruptcy, "bankruptcy" has become one of the key words of the sanitary industry in 2021.

In 2021, 9 sanitary ware enterprises declared bankruptcy

The kitchen and bathroom headlines were searched on the announcement website of the people's court with the three keywords of "bathroom", "sanitary ware" and "plumbing". It was found that as of December 7 this year, 16 bankruptcy documents of bathroom enterprises had been added to the platform, of which 9 involved new bankrupt enterprises.

In terms of location, most of the health enterprises involved in the bankruptcy documents are concentrated in coastal provinces and cities, including 8 in Zhejiang, 5 in Guangdong, and 1 in Shandong, Jiangxi and Shanghai. Yuhuan City, Taizhou City, Zhejiang Province, is the city with the most bankruptcy documents involving health enterprises. Six local health enterprises issued bankruptcy documents this year.

Serial No. party, location of the advertiser, release time

1 Foshan Lanshi Zhongnan Sanitary Ware Factory Foshan Chancheng District People's court Guangdong February 3, 2021

2 creditor of Heshan anmeng Sanitary Ware Technology Co., Ltd. non court unit Guangdong March 4, 2021

3 Zhongshan belma Sanitary Ware Co., Ltd. Guangdong Zhongshan intermediate people's court Guangdong March 26, 2021

4 creditor of Heshan anmeng Sanitary Ware Technology Co., Ltd. Jiangmen intermediate people's Court of Guangdong Province March 31, 2021

5 Shanghai Hedong Sanitary Ware Technology Co., Ltd. Shanghai Jiading District People's court April 11, 2021

6 Hangzhou Wuxing Sanitary Ware Co., Ltd. Tonglu County People's court Zhejiang April 22, 2021

7 Foshan Lanshi Zhongnan Sanitary Ware Factory Foshan Chancheng District People's court Guangdong June 11, 2021

8 creditor of Zhejiang Dianpai home furnishing Co., Ltd. Yuhuan people's court Zhejiang July 25, 2021

9 Hangzhou Wuxing Sanitary Ware Co., Ltd. Tonglu County People's court Zhejiang July 27, 2021

10 manager of Yuhuan Sanchuang plumbing Co., Ltd. Yuhuan people's court Zhejiang August 15, 2021

11 Taizhou Zenuo Sanitary Ware Co., Ltd. Yuhuan people's court Zhejiang August 22, 2021

12 Shandong Yueyue temperature control sanitary equipment Co., Ltd. Tengzhou people's court Shandong August 30, 2021

13 muerya Sanitary Ware Co., Ltd. creditor debtor Shangyou County People's court Jiangxi September 13, 2021

14 creditor of Yuhuan Huakai Sanitary Ware Co., Ltd. Yuhuan people's court Zhejiang October 13, 2021

15 Yuhuan Yadi plumbing equipment Co., Ltd. Yuhuan people's court Zhejiang October 28, 2021

16 Taizhou Zenuo Sanitary Ware Co., Ltd. Yuhuan people's court Zhejiang November 16, 2021

In 2021, 16 bankruptcy documents of sanitary ware enterprises were added

Among these bankrupt health enterprises, most of the reasons for bankruptcy are insolvency, and many of them have "Laolai" behaviors such as outstanding debts. Among them, Zhongshan belma Sanitary Ware Co., Ltd. has a large amount of arrears. The latest dishonest information of the company revealed that it owed 11 million yuan. Some enterprises are also listed as dishonest Executees because their small arrears are not cleared, such as Shanghai Hedong Sanitary Ware Technology Co., Ltd. owes 45000 yuan, Hangzhou Wuxing Sanitary Ware Co., Ltd. owes 70350 yuan and execution fee 955 yuan.

In addition, some enterprises have been listed as dishonest Executees for other reasons, such as Taizhou Zenuo Sanitary Ware Co., Ltd. and Zhejiang Dianpai home furnishing Co., Ltd., whose specific dishonesty is "violation of the property reporting system".

Assets of more than 21 sanitary ware enterprises were auctioned

According to the public information of Alibaba auction platform, since 2021, the assets of 21 sanitary ware enterprises have been auctioned, with a total of 65 auction objects on the shelves. Among the sanitary ware enterprises conducting asset auction, 10 have applied for bankruptcy, and some enterprises have declared bankruptcy last year or even earlier, but the asset auction has continued until this year.

Bankrupt asset auction enterprise 

Other asset auction enterprises

Zhongshan belma Sanitary Ware Co., Ltd

A sanitary ware manufacturing Co., Ltd

Wenzhou jiuya Sanitary Ware Co., Ltd

Guizhou wangzunwang sanitary ware hardware Co., Ltd

Quanzhou Zhongyu sanitary ware technology industry Co., Ltd

Feggang Hejia Sanitary Ware Technology Co., Ltd

Shaoxing qiusuo Sanitary Ware Co., Ltd

Jiangxi Dongya Danni Sanitary Ware Technology Co., Ltd

Jiangsu Yaohua Sanitary Ware Co., Ltd

Zhejiang Hongguang sanitary equipment Co., Ltd

Hunan Guowei Sanitary Ware Co., Ltd

Foshan Nanhai Qukang hardware sanitary ware factory

Wenzhou Kangba Sanitary Ware Co., Ltd

Anhui yaweite Sanitary Ware Co., Ltd

Wenzhou srida Sanitary Ware Co., Ltd

Hangzhou Zhuoyi sanitary equipment Co., Ltd

Zhongshan Aimas Sanitary Ware Co.,Ltd.

Foshan Nanhai xinzuijia Sanitary Ware Co., Ltd

Yuhuan Yadi plumbing equipment Co., Ltd

Yangzhou Yunfan Sanitary Ware Co., Ltd

Funan Yalin Sanitary Ware Co., Ltd

Since 2021, more than 21 sanitary ware enterprises' assets have been auctioned

Among the auction targets of sanitary ware enterprises on the shelves this year, the highest price is the songtangpu industrial real estate in Yuetang District, Xiangtan City, under the name of Hunan Guowei Sanitary Ware Co., Ltd., with a current price of 96.8894 million yuan. The second is the house and land use right of Jiangsu Yaohua Sanitary Ware Co., Ltd., with the current price of 66.0618 million yuan; Then Yuhuan Yadi plumbing equipment Co., Ltd. reorganized its investor qualification, with the current price of 62.4 million yuan. In addition, Hangzhou Zhuoyi sanitary equipment Co., Ltd., Jiangxi East Asia Danni sanitary Technology Co., Ltd. and Anhui Funan Yalin Sanitary Ware Co., Ltd. also have a single auction target with a current price of more than 10 million yuan.

Real estate enterprises and decoration enterprises also set off a wave of bankruptcy

In 2021, after the outbreak of the epidemic last year, sanitary ware and related industries ushered in new challenges. The most obvious is that the prices of raw materials and energy have risen, and the production costs of enterprises have further increased. Many enterprises fall into the dilemma of losing money without raising prices and fear of affecting their business.

At the same time, under the trend of relative weakness of the retail market, many enterprises shift their development focus to engineering channels, and the corresponding risks also increase. According to incomplete statistics, more than 343 real estate enterprises have declared bankruptcy since 2021, mostly due to outstanding debts. Although most of the bankrupt are small and medium-sized real estate enterprises, it does not mean that cooperation with large real estate enterprises will be smooth. For example, in the past November, Huaxia happiness was exposed to overdue debts of more than 100 billion yuan, involving many kitchen, household appliances and sanitary ware enterprises.

In addition to engineering channels, in recent years, the capital chain of decoration companies has been tight and closed down from time to time. According to incomplete statistics, since 2021, more than 52 decoration companies have gone bankrupt, and most decoration enterprises have been listed as dishonest Executees because they failed to pay off their debts in time, with a total amount of more than 200 million yuan.

In general, after the crisis in 2020, the industry was full of expectations for 2021. However, the price rise of raw materials, power crisis, oil crisis and epidemic rebound have followed one after another, affecting the production and operation of enterprises. However, the so-called danger is organic. The epidemic indirectly increases people's time at home, thus promoting the expansion of the old reform market and stock market. The upsurge of zero contact products as epidemic prevention measures also promotes the growth of sales of induction faucets and intelligent toilets. Therefore, excellent enterprises can usually find new opportunities under crisis, which is also the reason why these enterprises can maintain vitality and sustainable development.