When the NVC infighting event just died down, the founders and investors to shake hands, NVC has not come out from the internal friction, another entrepreneurs and capital of the battle and staged in the LED industry. At the end of November, an "open letter" to suppliers will also Shenzhen bigeye Photoelectric Technology Co. Ltd. to circle in the teeth of the storm. Because of the large shareholders CSST reportedly horizons freeze the company's capital account, resulting in funds chain issues, a number of suppliers to demanded the payment, the enterprise survival on the verge of death or destruction.
The freezing of funds big vision on the verge of collapse
In the event of great vision, it can be said that the "student" has always been very good results.
As the activities of the Shenzhen Universiade equipment provider, Shenzhen gloshine Technology Co., Ltd. is responsible for the opening ceremony venue of more than and 200 square meters, the main display, is one of the typical enterprises in Southern China LED display industry in the national high-tech enterprises. Insiders revealed that in 2011 the great vision of sales reached 300 million yuan, belonging to the larger LED display industry companies. At this time, keen to invest in the concept of CSST hot LED, invested 16 million 100 thousand yuan in January 2011, holds a large vision of the shares of the shares of the big vision, hoping to be able to put a big vision into the company's overall package listing plan.
However, at the end of November, a letter signed by Shenzhen bigeye circle photoelectric Co. "to the supplier's open letter", let the national high-tech enterprises suddenly fall.
The contents of the letter from the public point of view, due to the controlling shareholder of the company security technology (China) Co. Ltd. for the overseas listed company (stock code (CSST) of the company's financial payment regulation strictly, because there is no account funds, company accounts does not thaw before the extreme way no payment payment ability. Big eyes photoelectric face serious financial problems. This is the second in June this year, Shenzhen will then Jingguang Electronic Corporation "run away door" and the beginning of the November Shenzhen hibo photoelectricity Co. Ltd. "production" LED industry another explosive news.
November 29th, according to witnesses, said the center of the people gathered in front of Shenzhen, more than 100 suppliers, holding the security - big eyes but also my hard-earned money, the banner, especially eye-catching. The presence of the supplier, said they hope the city government to come forward, for them to justice, to return to Shenzhen, the world's photovoltaic sector arrears payment. The supplier before the municipal government petition is also officially the big eyes of the world's tight chain of funds on the verge of collapse of the issue of the public.
Capital side want to give up the horizon of the loan has not yet responded
The morning of December 4th, the supplier is located near the wisdom square in Nanshan District came to Hong Qiao Road Shenzhen City office building near CSST, CSST hope to give a statement, the settlement of arrears of payment, but they get is inscribed as a constant exchange of notice. Notice: in the constant Hui Chi for the big vision 70% stake paid $24 million. After the acquisition, the constant exchange of records and its affiliates demolition agreement 26 million yuan to the big eyes and big vision to provide 12 million yuan loan guarantee. The supplier received a signal from the announcement: "CSST is ready to give up the vision of this subsidiary. Because of dissatisfaction with this answer, the supplier has not dispersed, close to five p.m., CSST commitment, within the next 10 days with great vision to negotiate, give the supplier a statement.
Suppliers have revealed that by the end of 2011, because of the problem of the financial seal of the big eye, CSST and a large vision of the original shareholders of the conflict, CSST then apply to the court to freeze the company's account of the great vision. So the vision of the original shareholders will be attributed to funding problems CSST.
Shareholders do not trust each other litigation will soon be hearing
According to the possehl photoelectric sales manager Wang Peng introduction, the main problem lies in the existence of large event horizons do not trust each other more between capital and enterprise, in this case, the capital side is suing the company, including embezzlement, random capital. In turn, the company is the capital of the withdrawal of the withdrawal of capital. Around these issues, there are probably a few cases, both sides are in the judicial process, the recent hearing in Shenzhen.
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