LED industry at the end of the triangle debt problem or outbreak?

October 22nd, Zhongshan Phoenix legend was exposed arrears of 70 million yuan, the boss came running news!

In October 24th, they followed the family lighting run away!

November 21st, WeChat circle of friends suddenly spread a message about the golden autumn field lighting, good lighting and other boss foot.

Recently, there are friends broke the news, Shenzhen Li Feng Technology Co., Ltd. boss serious arrears of wages, abandoned the company on foot......

Wave after wave of LED boss due to capital strand breaks choose foot, and foot tide continues, this indicates that the end of the year will further exacerbate the problem of triangular debt?

Every year there are many factors

Reporters found that the industry is known as foot tide, the collapse of the word appeared in the last year. From the beginning of July 2013, Shenzhen, billion light ray star photoelectric, photoelectric, Jiahao hung Kee lighting and other lighting enterprises appear one after another collapse, the boss run away for a time, LED industry "triangle debts" problem has become small and medium-sized enterprise needs to get rid of the curse".

However, although this year is considered to be the outbreak of LED lighting year, but this does not seem to affect the collapse of the company and the tide of running tide. Since the beginning of September this year, led by the legendary Phoenix light boss run away tide officially began, followed by the game companies such as lighting, lighting Henglan lighting, Jinqiu Tian family have joined one good. Among them, to the high price of Phoenix legend for its endorsement of the legendary Phoenix light and the largest scale. However, in the high cost of brand promotion and channel construction did not receive the actual effect, the Phoenix light eventually fell, and also owed about 70000000 yuan suppliers and distributors.

In the face of the LED industry staged staged drama, insiders told reporters that, in fact, these failures in the enterprise, the legendary Phoenix light failure is part of the small and medium enterprises to survive and develop a true portrayal of LED.

The analysts believe that the current number of LED enterprises can not help market temptation, the large expansion, but the existing market capacity as expected, and relying on the backing in the absence of strong capital, high technology, brand advantage and excellent operation and profit mode, enterprises in the fierce competition and capital chain will appear overload, once mismanagement will triangle debt problems, companies pay for the extension of the lip-service suppliers continuously, and defaults on dealer prepayment, once pierce will appear capital chain rupture, the final bust.

Liu Xiao, general manager of Shenzhen grid light also reluctantly said that this year, the boss ran again tide, the reason is that the overall industry overcapacity, we are desperate to make money. And debt is already the industry problem is not a commonplace talk of an old scholar. If the development of enterprises is not good, we can not do.

"The 'closures' is in the process of economic development of the new things, also have to experience some elimination, survival of the fittest, the weak out, for Chinese economy some speculation, some profit behavior, excessive corporate profit and not pay attention to product quality and quality, do not pay attention to the company's operation and management, there will be collapse phenomenon. "Lu Xuezhong, chairman of Dongguan poetry Photoelectric Technology Co., ltd..

Triangle debt factor is small but deadly

As we all know, the end of the year is the peak period of enterprise accounts receivable and corporate debt crisis, but also difficult period of corporate capital turnover, the end of this year, LED enterprises will be how?

The so-called "triangle debt" industry, refers to the industrial base, between enterprises pay unpaid owed money by commonly known as the collection with acceptance or payment period shall be agreed, is the relationship between the debt chain between enterprises in arrears formed.

In fact, there is a common problem in all sectors of triangular debt. But in the LED industry will be particularly serious. Customers are in arrears payment application manufacturers, manufacturers in the application of packaging goods, packaging manufacturers to default on the upstream chip and auxiliary material factory for normal industry chain has become a risky debt chain. A LED business executives told reporters.

These people also believe that "the reason of triangular debts will be reflected in the LED industry is quite serious, because the current LED capacity and serious pile up in excess of requirement to fierce market competition, and all people began to fight, fight, fight, she paid periodic price fight minimum profit in order to customers, because the profit is very low so the carrying amount of capital turnover is not much; another is to fight payment cycle, some debt for six months or more, so it may lead to the company capital chain rupture, make the enterprise into the doomed eternally. "

Liu Xiao said, the overall industry capacity surplus, leading LED companies do not make money, this is certainly to be adjusted, and resolve overcapacity to only two, one is the lighting market strong growth, the other one is that some enterprises are out of the game. Recent lighting market growth is certainly not too fast, then the enterprise can only go out.

Lu Xuezhong said, "a factor of triangular debts or small business failures, mainly occurred in some business operations, less powerful enterprises, enterprises also have some short-term profit behavior in brand building, the company top-level design, most of the enterprise or the good, which is a process the industry of the mighty wave crashing on a sandy shore. "

In addition, the reporter for 22 to LED based business of Listed Companies in the three quarter