Joint Restructuring Of The Valve Industry Faces Many Difficulties
With the further deepening of the market economy, the Lined Valve industry is also developing and progressing. However, it will inevitably encounter a series of problems in the process of development. Only through deepening and reform can it continue to develop and progress. But things always have their inherent two sides. It is not difficult to find that corporate joint reorganization is difficult. How enterprises should be united and how to reorganize after the union are all in the exploration stage.
Western developed countries have spent hundreds of years exploring corporate reorganization, while we have only been in reform and opening up for 30 years, and there is still a long way to go. From the perspective of corporate development, most entrepreneurs want to reorganize with multiple enterprises, so that many enterprises still worry about their own interests after the joint reorganization with large enterprises even if they face the actual difficulties of financing difficulties, no factory buildings, and lack of brands. In addition, the reorganization cooperation of many enterprises is just "crossing the river by feeling the stones". The two parties have only reached a cooperation agreement on the basic framework. When the joint reorganization is really running, new problems will arise, such as whether the corporate culture, management model, and development concept of both parties can be integrated.
Many are small and medium-sized enterprises, or even family workshop-style enterprises. A series of problems such as serious lack of innovation ability, low product technology content, weak corporate brand awareness, and low management level have hindered the continued growth and development of the butterfly valve industry in the region. Especially in the context of the global financial crisis, the "low, small, and scattered" valve companies are clearly at a disadvantage in their ability to resist risks.