What is the current survival format of the magnesium carbonate industry

　　Entering 2021, the news of the bankruptcy and restructuring of many enterprises in the magnesium carbonate industry came out, and a stone stirred up thousands of waves, and Hebei Xintao New Material Technology Co., Ltd. conducted a survey on the future development of the magnesium carbonate industry. Under the current multiple influences of domestic overcapacity, sluggish market demand and the epidemic, domestic magnesium carbonate enterprises have really ushered in a wave of bankruptcy? What is the current survival format of the magnesium carbonate industry?

　　In fact, looking back at 2020, the bankruptcy and integration of the domestic magnesium carbonate industry have long been undercurrents. Last year, a number of indebted magnesium carbonate companies declared bankruptcy, which triggered endless speculation in the industry about the prospects of the east magnesium carbonate industry, which has a large number of companies and uneven quality. For the bankruptcy and restructuring of these magnesium carbonate enterprises, Hebei Xintao New Material Technology Co., Ltd. believes that this fully reflects the development trajectory of the magnesium carbonate industry - mergers and acquisitions of advantageous enterprises and strong and strong combinations to become bigger and stronger. Previously, foreign capital effectively used China's low-cost labor force, and combined with its advanced management model and strong technical support, fully seized China's huge market. Since then, the investment enthusiasm of China's magnesium carbonate industry has been high, and blind investment and low-level repeated construction have led to a crisis in China's magnesium carbonate enterprises.

　　The merger and reorganization of advantageous enterprises and the combination of strong and strong are bigger and stronger, whether from reducing the operating costs of enterprises or enhancing the competitiveness of enterprises and industries, they have achieved remarkable results, forming a 1+1>2 industry survival method, and the way of mergers and acquisitions may become an important adjustment measure for the development of China's magnesium carbonate industry in the "14th Five-Year Plan".

　　This merger and reorganization has a profound background: the world economy is still deeply adjusted, trade growth is weak, and protectionism is on the rise; The domestic economic growth rate has slowed down significantly, and the traditional manufacturing industry is facing great pain in transformation. Under the national policy of "de-capacity, de-inventory, and de-leveraging", a large number of "zombie enterprises" that still existed in the 2008 economic crisis will be doomed, especially those that do not conform to the direction of industrial development, low-end production capacity is seriously overcapacitated, energy consumption, environmental protection, quality, safety and other standards are not up to standard, the development mode is not in line with social requirements, and enterprises that ignore social responsibility will be eliminated by the market, which is the trend of the times.