Haining Leather City's ten years of sinking and floating: how is the fur industry today?

Zhejiang Haining does not produce a sheepskin, but is the capital of Chinese leather. "Buy leather clothes to Haining - Haining Leather City", behind a slogan is Haining nearly a century of leather manufacturing history.
From Jiaxing railway station to the south an hour's drive will be able to Haining Leather City. Leather City market construction area of 1.6 million square meters, more than 6,000 operators, annual turnover of tens of billions of yuan, is currently the largest and most influential leather professional market in China.

Flocked in addition to buy fur, and sell fur. Looking at thousands of a fur at every turn, many people rush to haining city, zhejiang province, expect to be able to join the "fur" this business, for themselves and their families to earn a piece of heaven and earth, here also lived up to the expectations of the creation of many million, millionaires, and behind the haining leather city also a moment of fame.

Brilliant in ten years ago. "2012 is the highest price of fur (raw materials) a year, my raccoon skin sold to 1500 yuan / piece. The worst was 2015-2016, when the purchase price of high-quality raccoon skin was only 200 yuan per piece." Mr. Qi, who is in the fur buying business, told the Daily Economic News.

In that year's annual report, Haining Leather City (4.000, 0.19, 4.99%) said it was the year with the largest construction scale and the most open markets since the company was established, and also the year with the fastest pace of transformation and upgrading. At present, Haining Leather City has a total of 13 plazas including shopping plazas, fur plazas, e-commerce distribution centers, raw and auxiliary material markets, and 12 chain (including brand licensing) plazas located in Liaoning, Jiangsu, Sichuan, Wuhan, Shandong, Xinjiang and other places.

Ten years have passed, the fur industry is no longer brilliant, the annual registration growth rate of fur enterprises has started to decline year by year since it reached its peak in 2013, and currently over 52% of fur-related enterprises have been written off or revoked.

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