In October 2024, due to the current economic situation and market environment, the operating rate is significantly insufficient, the upstream economy is sluggish, and the overall market size of construction general contracting enterprises is shrinking, which will inevitably transmit pressure to downstream; In addition, the combined impact of factors such as fluctuating raw material prices has led to a shortage of orders, declining profits, strict payment terms, and increased difficulty in receiving payments in the overall inventory industry.
Multiple pressures have brought extremely severe survival challenges to many small and medium-sized enterprises.
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