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The construction industry is at its wit's end: Who can escape the judgment of the "cold winter"?

author:Legend of the Western Regions

In the harsh winter of the real estate industry, many engineers are facing unprecedented challenges. They are full of helplessness in their hearts, and they have a love-hate relationship with this industry, but they can't easily give it up.

The construction industry is at its wit's end: Who can escape the judgment of the "cold winter"?

In recent years, as the real estate market continues to be sluggish, many construction and engineering companies have fallen into a dilemma with no projects to do.

Due to the huge liabilities of leading real estate companies such as Evergrande, Vanke and Country Garden, coupled with the continuous accumulation of local debts, few development companies have sufficient funds to operate. Despite the constant bidding of construction companies, the chances of success are slim to none. There are often media reports that for a project of 10 million to 20 million, the total number of bidding companies can reach hundreds, or even thousands of units.

The boss of an EPC general contracting company, with 4 first-class qualifications, has not been able to contract a new project this year. He said frankly that it is not that there are no new projects, but that new projects dare not take on. A large state-owned enterprise has accumulated hundreds of millions of funds owed to his company, and although he has strong connections and background, there is still no way to easily get back the project money. He was afraid that if he continued to cooperate, he would fall into a deeper quagmire and would not be able to extricate himself!

The construction industry is at its wit's end: Who can escape the judgment of the "cold winter"?

Faced with such a dilemma, this boss made a difficult choice. He dismissed most of the project department managers, leaving only a few people in charge of collection in the company's functional departments.

Although such a decision was cruel, it was a helpless move for him to survive in the cold winter. In this way, he hopes to reduce the company's operating costs while keeping the company running so that it can recover quickly when the opportunity arises in the future.

The construction industry is at its wit's end: Who can escape the judgment of the "cold winter"?

However, the boss's heart was filled with disappointment and boredom with the industry.

He admits that although the industry has made him money, the arrears on the books and the inextricable entertainment have left him physically and mentally exhausted. He had to drink twice a day, which made him start to have gout and be sick at the age of 40. He lamented that such a life had made him lose his enthusiasm and confidence in the industry.

The construction industry is at its wit's end: Who can escape the judgment of the "cold winter"?

Despite the frustration and boredom in his heart, the boss said that he could not leave the industry easily.

He knows that once he leaves the industry, his previous efforts and dedication will be in vain. Moreover, the experience and connections he has accumulated in this industry are also valuable assets that he cannot easily give up. Therefore, he can only continue to hold on in this industry and wait for the arrival of spring.

The construction industry is at its wit's end: Who can escape the judgment of the "cold winter"?

In the cold winter of the real estate industry, many engineers are facing the same dilemma and choice. They have struggled in this industry for many years, and have put in countless sweat and efforts, but they can't get rid of the downturn and predicament of the industry. However, they can't give up on this industry easily because they know how important and meaningful it is to them. They can only continue to stick to and wait in this industry, hoping that one day they can usher in the spring and recovery of the industry.

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