苏州缝纫机厂是一家生产“凤凰”牌缝制设备的的国有中型企业。70年代末年产缝纫机23万架,畅销国内市场,远销南亚、中东和港澳地区。但从80年代后期起,由于市场变化、产品老化、机制僵化等因素,企业连年亏损,以致资不抵债,濒临倒闭,成为苏州市区国有企业中第一家亏损企业。 Suzhou Sewing Machine Factory is a state-owned medium-sized enterprise that produces “Phoenix” brand sewing equipment. At the end of the 1970s, there were 230,000 sewing machines, which were sold well in the domestic market and were exported to South Asia, the Middle East, Hong Kong and Macao. Since the late 1980s, due to factors such as market changes, product aging, and rigid mechanisms, companies have suffered losses year after year, resulting in insolvent capital and on the verge of bankruptcy, becoming the first loss-making enterprise in Suzhou’s urban state-owned enterprises.