Product Maintenance

LED companies in the Pearl River Delta or a new round of closures"

In recent months, the PRD enterprises are suffering deeper. While the macro economic stability is relatively stable, the micro level is not optimistic. The phenomenon of business failures began to spread in the Pearl River Delta cities, a new round of closures or will appear.

Europe and the United States frequently appear bad news, exchange rate fluctuations, soaring domestic raw materials, labor costs are rising, and the macro-control has led to the tight money supply, some areas appear brownouts, various pressure superposition causes the enterprise greatly enhance the difficulty.

In this round of predicament, the industry generally believe that the smaller traditional labor-intensive enterprises bear the brunt. But the reporter learned that, even in the capital intensive and technology intensive high-tech industries, companies are not good.

This year's situation is indeed grim, even worse than the 2008 financial tsunami. "Huizhou City Zhongkai high tech Zone Pingnan Industrial Park Wang Wu technology production base in an electronics factory office, Zhang Jianmin is a bowl of instant noodles, eyes swollen like a panda. As the deputy general manager of the company, he is very busy every day.

Zhang Jianmin electronics factory has been done for more than and 10 years, since last year, he set foot in the backlight industry, the production of LCD screens and modules, products are mainly exported to Europe and the United States, Disney is also their customers. This is a government that is a strategic emerging industries in the Pearl River Delta cities are sought after. But Zhang Jianmin found that the line soon encountered problems. This year, the appreciation of the renminbi soon, the dollar settlement for them, it is not high profits and further compression.

"In addition to the exchange rate, the increase in the cost of domestic production materials has further weakened the profits. Zhang Jianmin's approach is to buy a large number of foreign equipment, in order to replace the manual.

In Dongguan, the government encourages the LED industry, the days are not good. There are industry veteran pointed out that the LED company's R & D investment is too high, over reliance on government support, the industry is not good enough in this year of liquidity. He said that now the industry's large enterprises have been extended period of return, not to mention small businesses, capital chain tension is the industry phenomenon, the big reshuffle will soon begin. "

In fact, in Shenzhen, signs have emerged. Recently, Shenzhen LED enterprises junduoli Industrial Co. Ltd. in capital chain rupture, the boss family missing, become this year Shenzhen biggest bankruptcy.

The same dangerous situation in Jiangmen. Associate professor of Wuyi University, Jiangmen, fortunately, introduction, small and medium sized LED enterprises, although not shut down, but basically in the dead carry, orders fell 20%, the cost of more than 20%, almost a decline in corporate profits.

Jiangmen LED industrial group on behalf of the enterprise responsible person Li Zhijia said indifferently, as the industry continues to mature, the profit decline is inevitable, will gradually transition to the puerile. "This is the inexorable law of economic development. "

Previously, neo-neon company is expected to the end of September this year, the comprehensive results of the first half stop loss will occur. The reasons include: European customer orders become more cautious, to business Exun expected; raw materials and labor costs rise, the appreciation of the renminbi, the gross margin decline; economic environment becomes poor, caused by accounts receivable bad debt provision increased; expansion of upstream business depreciation expenses increased significantly; a large number of MOCVD investment, oversupply, resulting in fierce competition so, the decline in gross margin.

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