As of 13:00 on February 3, 17,311 people have been diagnosed with new-type coronavirus pneumonia nationwide, 21,558 suspected cases, 490 cured, and 361 dead.

Affected by the epidemic, all parts of the country have decided to extend the Spring Festival holiday to February 2 and some regions to extend to February 10. Although vacations are extended, many people can spend more time with their families, but due to the epidemic situation, employee vacations and other factors, the company’s related operating costs remain high. At the same time, some employees may not be able to rework in a timely manner due to the need for quarantine and other issues due to epidemic prevention and control, and they are worried about whether they will be laid off.

The worst hit by the epidemic is the catering and tourism industries. Many restaurants close all stores, but still need to pay employees. Many catering companies have stated that if the epidemic lasts for 2 to 3 months, their operations will face great difficulties.

In order to ease the pressure on enterprises and employees, the central bank, the China Banking Regulatory Commission and local governments have issued relevant policies to reduce the negative impact of the epidemic on market and economic development.

Already a catering company is called “Bitter Sky”

Corporate cash flow is unlikely to last 3 months

Sibei Catering: Even if the loan is paid, it can only last for 3 months.

Jia Guolong, chairman of Xibei Catering, said in an interview with the media that due to the epidemic, Xibei was facing a very serious crisis, and the cash flow on the account was not more than 3 months.

Sibe currently has more than 400 stores and more than 20,000 employees in more than 60 cities across the country. During the New Crown epidemic, Xibei closed most of its food stores, leaving only some of the stores that provide takeaway services. But Jia Guolong, chairman of Xibei Catering, said that the take-out volume is very small, accounting for only 5% to 10% of normal revenue.

After closing the store, more than 10,000 employees of Xibei are in the dormitory, and more than 10,000 employees are at home. During the shutdown, Sibe still had to pay for these employees. At present, the cost structure of Xibei accounts for 30% of raw materials, 30% of comprehensive labor costs, 10% of rent and 6% -8% of tax costs.

If the epidemic does not improve for a long time, Sibe will “can’t carry it.” Jia Guolong said that Xibei ’s monthly salary cost was 156 million yuan, and three to four hundred and fifty million yuan. The company did not have that much cash flow.

Same as previous years