Equipment emptied overnight? Another stainless steel company suddenly closes down!

This year, similar transaction security incidents have repeatedly sounded the alarm for the stainless steel industry. Whenever this topic is discussed, practitioners feel a sense of unease. In a fiercely competitive environment, maintaining business often requires relaxing transaction conditions; however, as the threshold is lowered, the risks quietly rise.

The era when a transaction could be completed with a single phone call is long gone. Today, the industry repeatedly emphasizes integrity and calls for the spirit of contracts precisely because "money is hard to earn." Once there is an "openness" in credit, it is easily exploited by those with ulterior motives.

The seasons cycle in an orderly fashion, and so does the industry. No one can say for sure whether we are currently in late autumn or deep winter, or how long this adjustment will last-whether it starts from past major events and market trends, or from the listing of SS (Stainless Steel).

But what is certain is that only those who survive the winter will welcome the arrival of spring. Fellow industry professionals, please persevere, help each other, and weather the storm. Only by surviving can we move on to the next chapter.