Funding strand breaks LED doomed to continue struggling in suffering

Guangdong is the first city of Chinese LED lighting industry, but this emerging industry is still not fully rise overcapacity signs, one is Shenzhen has four hundred million yuan level enterprises due to funding strand breaks collapse, a large number of investment on the other hand is still in a stampede in. Stir, LED industry is destined to struggle in torment.

Annual revenue of 200 million yuan on the verge of bankruptcy creditors involved in business

In September 4th, Shenzhen hiboled photoelectricity Co. Ltd. (hereinafter referred to as hibo photoelectricity employees in a legal advisory) online help, the company did not have two months' wages to the workers. Then less than two months time, the market came out of the company's collapse news.

In November 5th, the media reported that, due to huge arrears hibo photoelectricity payment to supplier and employee wages and commission closed. Although the report came out, hibo photoelectricity chairman Zhao Hui responded that the enterprise did not lay off just before. He also promised to settle the arrears of wages, and gradually repay the arrears of suppliers.

At present, hibo photoelectricity has indeed resumed, but this was established in 2006 last year, yet financial difficulties turnover amounted to 200 million yuan of the company is currently facing, the company's internal staff for the company's future prospects are still worried. One employee said hibo photoelectricity, Future Ltd to There's no telling. "

Now if there is hibo photoelectricity out of the plight of the scheme, in this regard, hibo photoelectricity chairman Zhao Hui said, now is not convenient to disclose the situation of the company. Since then, Zhao Hui's phone is turned off.

Guangzhou hibo photoelectricity partners said that at present already hibo photoelectricity default employee wages and suppliers of things, he said, LED enterprises are most afraid of supplier siege, the company currently has temporarily cut off and hibo photoelectricity Co.

Hibo photoelectricity urgently seeking financial assistance, and the company currently has entered hibo photoelectricity. Possehl Photoelectric Technology Co. Ltd. (hereinafter referred to as the possehl photoelectric) general manager Wang Peng revealed that although the hibo photoelectricity is not clear, but the company last month began with hibo photoelectricity contact, hope to take over the production line.

NetEase finance learned possehl photoelectric is hibo photoelectricity relatively large creditors, currently has possehl photoelectric team stationed hibo photoelectricity. Wang Peng told the NetEase to finance, has hibo photoelectricity under the order, allow the company to return to work, to maintain the operation, superficial cooperation.

Wang Peng said, there have been problems with operation of hibo photoelectricity, if not to intervene, hibo photoelectricity might really down.

At present, hibo photoelectricity has indeed resumed, but this was established in 2006 last year, yet financial difficulties turnover amounted to 200 million yuan of the company is currently facing the solution.

Financial problems plagued the entire LED industry overcapacity serious

Hibo photoelectricity is currently facing the situation is not the case in the LED industry. In hope before have junduoli, bolunteguang vision and photoelectric three hundred million yuan level LED enterprises because of funding problems and closed their doors.

And the entire LED industry are anxious for funding. Sichuan light source Co., Ltd. chief engineer Luo Wenzheng said, only from the sales point of view, this year, or to maintain an increase of 50%, but there are still some difficulties in corporate finance, etc..

An unnamed insiders to the NetEase Finance said, hibo photoelectricity industry is the main LED screen, LED screen good, profit is the overseas market, the world economy is not good, so the industry profit is very low, and the government support for the industry is to some big companies or state-owned background LED enterprises to provide subsidies. He said that if the early hibo photoelectricity listing and financing, may not have such a situation today.

NetEase finance learned that this year, the Shenzhen Stock Exchange intends to market LED companies have dozens, mostly because of the lack of money to go through the difficulties listed. Rough statistics, there are currently 17 domestic LED based business listed companies, the relevant companies to wait for IPO, with the LED concept of the relevant listed companies in more than and 30.

One is there have been a number of enterprises went bankrupt because of funding strand breaks, on the other hand there are more and more enterprises to enter the industry in the crush.

"In recent years a wave of enterprises to enter the LED lighting industry, no money went bankrupt is not surprising, since 2010 the industry has been the structural excess of investment, national semiconductor lighting engineering research and Industry Alliance Secretary General Wu Ling of the NetEase Finance said that foreign market large-scale LED enterprises will focus on more than 20, but the development of China reach 50-60.

As one of the three major breakthroughs in the development of strategic emerging industries in Guangdong, the LED industry is developing rapidly. Only in Guangdong Province, LED listed enterprises reached more than and 20, KingSun, honglitronic other companies have landed capital markets, the total market value of more than 20 billion yuan. Huizhou, Dongguan, Jiangmen, South China Sea, Zengcheng and other 5 provincial LED industrial base investment of more than 50 billion yuan. Among them, Huizhou CREE, MICROTEK LED chip, uer technology project, Guangzhou Zengcheng LED epitaxial chip project and a number of heavyweight industrial investment projects with a total investment of more than 20 billion yuan.

This is also the trend of other industry giants such as greedy. According to statistics, BYD, Tsinghua Tongfang, rainbow group, Changhong, Chinese Dianke group, in group have also been involved in this field.

After the IPAD case of the world famous Shenzhen only