"Blank check" prevalent LED industry business model is not clear hidden dangers

Bitter waiting for more than a month, Luo Ziming did not want to return a penny.

"The hand of Xie Yingxiong 60 thousand dollars Jiayi car, you can say how much money? Luo Ziming said.

Xie Yingxiong was previously Guangdong Zhongshan billion LED enterprise xiongji lighting factory boss, at the beginning of July, the company capital chain rupture, Xie Luo Ziming and many other suppliers owed 25 million yuan of money to run away, in July 18th, Xie Yingxiong was arrested in his hometown of Guangdong in Meizhou. However, Xie Yingxiong has lost solvency, so until today, Luo Ziming did not get a penny.

Luo Ziming's experience is not a case. Recently, the reporter found in Zhongshan, Shenzhen and other places to interview, because the terminal product sales are sluggish, triangular debts LED industry the whole industry chain has been very serious, many small and medium-sized enterprise capital chain tension, caused by the crisis is the accumulation of funds.

Payment by cheque

Luo Ziming has no hope of returning money. He runs a LED lighting accessories company in Zhongshan City Town, just a day before Xie Yingxiong run away, the other side also let him send 20 thousand yuan of goods. "In this industry, there are too many debts in business, and there are a lot of them on foot. "

Like Luo Ziming, Zhang Weiqi is the victim of the collapse of the company. Fancy Guzhen lighting industry to improve the supporting capacity, a few years ago, he came here from Jiangsu and Zhejiang provinces, opened a lamp company. Because Xie run away about 200000 yuan of money, he lost.

LED industry debt problem so that Zhang Weiqi miserable, in his words, once a company closed down, then almost means that a year's effort was wasted.

Zhang Weiqi took a stack of checks, shaking after the reporter said: "you see, these are bad checks. "In the ancient town, by way of checking the payment has been very popular. According to Zhang Weiqi introduction, these checks can not see the difference on the surface, but when the bank withdrawals will have problems, such as some passwords are not correct, and some were deliberately blurred one or two words, and ultimately get the money.

Zhang Weiqi said that the LED industry in general payment methods are monthly, need a month or two months, and then take a month's check, then it is three months. And when you get the check, the financial is not, the boss is not, will be dragged for a month, is four months. Now half a year to turnover to the money, very much. "

Not only is the LED industry gathered in Zhongshan Ancient Town, in Shenzhen, the problem is also outstanding arrears. Now, Shenzhen ruiwang semiconductor limited company manager Livy has not received a single. At present, do good familiar with the customers, customers are wary of strangers. "

Livy's company mainly to do LED phosphor, is the upstream suppliers of packaging enterprises. He told reporters, now the whole industry arrears phenomenon is very common, you owe me, I owe him. In order to ensure the safety of the cash flow, if you encounter unfamiliar customers, and he will put the company to understand clearly, dare to delivery.

Shenzhen City, Europe and the United States and Asia science and Technology Co., Ltd. mainly produces and sells LED industry equipment. Wang, head of the company told reporters, and now some of the capital chain LED enterprise is very tight. "

In this case, the downstream packaging companies owe their money, he did not dare to urge. "That would be a reminder of money do not, we have to pull the machine. "

Wang Jiang said that at present, Shenzhen triangle debt problems LED industry is very serious, the downstream packaging factory in the lamp factory owed money, packaging factory owes the upstream chip, phosphor, money, such a layer of arrears upward pressure, and finally along the chain to form a chain of debt.

And the severity of the debt chain continues to grow. Wang Jiang said that although the market is not very good, but companies generally do not choose to stop production, not only because of production after the union recruit more trouble, more important is the production, supply chamber that can accelerate the reminders, waiting to collapse.

Capital chain problems caused by bank vigilance

Zhang was not in arrears with the most terrible thing, if a male record, he may follow the collapse, this is the most terrible.

According to reporters incomplete statistics, since July this year, only Zhongshan and Shenzhen, there are 5 LED companies closed down. The collapse of the business has been involved in hundreds of suppliers, so that the negative impact of a wave of outward diffusion.

The latest collapse of Shenzhen Lei Xing optoelectronics Co., Ltd. is a direct debt down by the enterprise. According to the reporter, the company was founded in April 2010, before the collapse of 1 million yuan of the purchase price has not been recovered, and the upstream suppliers are constantly reminders, leading to funding strand breaks.

Funding chain issues have caused a high degree of vigilance in the banking sector. There are published reports that day before the Guangdong branch of a large bank of the subordinate branch has an emergency notification mechanism, risk warning LED industry. The branch believes that the rapid growth of the scale of investment in the LED industry, overcapacity prominent, systemic risk.

Such debt once a link problems, will produce a chain reaction. The chain reaction is likely to be a direct result of the collapse of a supplier.

The impact of the chain reaction is also more than this, such as a display business failures, then its suppliers may be very nervous. In addition to the supplier to find a bankrupt business to recover the money, and perhaps immediately