When the financial crisis broke out in 2016, many companies faced bankruptcy. Compared with many companies that have become insolvent and run away, Qiao Xing Group, established in 1992, has countless halos and is very famous in Guangdong. The main honors received include the Top 500 Chinese Enterprises, the Top 500 Chinese Manufacturing Enterprises, the Top 100 Enterprises in Guangdong Province, and even Wu Ruilin, the director of Qiaoxing Group, won the World Manager Lifetime Achievement Award and became the Outstanding Entrepreneur of Guangdong Province in 2008. He is the leader in Guangdong. Intellectual Property Enterprises.
Guangdong Star Entrepreneur
According to information, Qiaoxing Group was founded in 1992 and has been selected into China's top 500 companies many times, and Wu Ruilin, chairman of Qiaoxing Group, has also been selected as one of China's top 500 companies. Guangdong star entrepreneur. Although Qiao Xing Group's main business is communication equipment, it also has drinking water, smart home appliances, marine biological coatings and rare metal materials. It can be said that it is diversified development, so it can be widely recognized by society, and Wu Ruilin himself is also the vice president of the National Business Council and Cultural Association.
Subsidiary companies have difficulties in repaying their loans
In recent years, Qiao Xing Group has been exposed that one of its companies is in difficulty with overdue repayment. This is impossible for a group as deep as Qiao Xing, and this news also made many people panic. In fact, judging from Qiao Xing's asset status, there will be no default. So why did Qiao Xing take the risk and default? Therefore, many people in the industry believe that Qiaoxing's default was to transfer the risk to Zheshang Property & Casualty Insurance, because Zheshang Property & Casualty Insurance was the guarantor. Therefore, there is no need for the masses to panic. As a star enterprise, Qiaoxing Group has channels for its continued existence.
The most popular products
In addition to its own honors, Qiao Xing's products have also received critical acclaim. For example, the Qiaoxing telephone set in 1996 became a Chinese premium product among telephones, the multifunctional telephone in 1996 became the most popular product in the country, and the telephone launched in 1998 became an ideal brand among rural residents.