Foot boss pain LED disorderly competition

Overheated investment led to the industry hit the price war"

"I guess the beginning, but guess the ending," after the Wenzhou boss "run away" phenomenon, the survival dilemma of small and medium-sized enterprises has become the focus of heated debate. In October 8th, Shenzhen junduoli chairman Mao Guojun missing. For a time many led companies have outgoing boss missing and supplier Dun news. LED industry bubble is about to burst the forecast began to spread.

The day before yesterday, pointed out that the return to Shenzhen nearly a month of Mao Guojun accepted the exclusive interview with this reporter, the fundamentals of good junduoli just some "details" without proper disposal, seemingly sudden and accidental events, but behind it is inevitable.

The domestic LED industry, the technology is not up to the background, has become the target of investment funds stir, resulting in a price war, this vicious spiral could not hurt the entire LED industry?

In October 8th, with annual sales of billions of dollars of Shenzhen junduoli Enterprise Co. Ltd. (hereinafter referred to as "junduoli") chairman Mao Guojun and his wife Cui Lihua and served in the company of all the missing relatives. The day before yesterday, although the return of nearly a month in Shenzhen, but rarely face the media, Mao Guojun accepted an exclusive interview with this reporter.

Blind expansion of the consequences

The reporter before day in Shenzhen Baoan Shiyan street wwntao Science Park B building, the six storey building area of about 10 thousand square meters, the building has been another LED enterprises, but the "junduoli company" the words of mark is also clearly visible.

But in front of the Shenzhen Baoan District Dalang Street Baolong village Tyrone commercial company is covered with all kinds of attachment and to recover. Nearby residents, the boss disappeared, and there occurred employees pay talks, usury personnel situations such as squatting.

Junduoli event brings great shock to the semiconductor lighting industry and enterprises, the reason is generally considered with the blind expansion of the. The news, in 2010, 400 million yuan investment plan in Sichuan Shuangliu junduoli construction company, LED application project. At the same time, there are several other junduoli base for construction. It is rational for the registered capital of only about 20000000 junduoli terms.

After several twists and turns, Mao Guojun finally returned from Japan after the national day of Shenzhen, and in October 14th found the Shenzhen semiconductor lighting industry development Association (referred to as the promotion) for help.

The morning of November 4th, the first meeting of creditors junduoli held the vote of 35 creditors in 33 creditors agreed to set up a "junduoli creditors committee", responsible for processing and subsequent debt restructuring.

Focotex enterprise reorganization scheme Jun reporter obtained "(Draft), mainly through restructuring the debt of the form.

Restructuring still faces enormous risks

Association Deputy Secretary General Bao Enzhong told reporters, in the various debt junduoli in Guarantee corporation about 50000000 yuan, the supplier has about 20000000 yuan, partners are about 10000000 yuan, add up to nearly 100 million yuan, and assets of the company is only about 50000000 words, the discount of less than 30 million yuan, has been insolvent, restructuring is the only the way of junduoli.

But in the process of restructuring, the difference between Mao Guojun and creditors is not small. "The businessman and investors do not have a common language," Mao Guojun pointed out that, "I hope is to seize the opportunity to work as soon as the LED season, count every minute and second".

The creditor has put forward restructuring is to audit the junduoli as the premise, with the money after the investigation. In Mao Guojun's opinion, although the creditor approach can be understood, but this kind of "follow the prescribed order procedures" will lead to lose the best time of recombinant junduoli.

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