Li Xinghua sacked follow-up: LED interest transfer chain surfaced"

Former director of the Guangdong provincial science and Technology Department Li Xinghua last appearance in July 23rd.

The same day, Li Xinghua participated in the eighth meeting of the Guangdong provincial science and Technology Association, and was elected vice chairman of the Provincial Association for science and technology, the eight session. Subsequently, Li Xinghua led the team to the Guangdong radio station "hotline" live broadcast. Program, Li Xinghua frankly on the case of corruption in Guangzhou science and technology system to respond, and said the Provincial Department of science and technology has been through the investigation of corruption risk point, strengthen anti-corruption work.

Ironically, just three days later, the Guangdong Provincial Commission for Discipline Inspection on the external disclosure, Li Xinghua alleged serious violation, the organization is undergoing investigation. After half a month of continuous investigation, on August 12th, die Zeit reporter exclusively from the provincial Commission for Discipline Inspection, a spokesman was informed that Li Xinghua is currently filing".

The 55 year old Li Xinghua, from 2007 into the chief director, has been committed to the promotion of the development of LED industry in Guangdong Province, and the province a number of enterprises closely LED. Li Xinghua sacked for the huge shock LED companies in Guangdong.

From the beginning of July 25th, more than Guangdong Province, including LED, FSL, KingSun Elec-Tech, Lehman photoelectric, Chau Ming technology, listed companies in the fierce price fell.

Although the Guangdong Provincial Commission for Discipline Inspection has not yet announced specific reasons for the investigation was Li Xinghua, but before contacting the province science and technology system of corruption, it is widely speculated that Li Xinghua focused on the issue of assessment, scientific research project funds on LED.

"The provincial science and technology department holds the annual special funds for the development of LED industry 450 million issued power, in order to compete for the funds, enterprises are sharpened," an insider familiar with subsidies insiders told reporters bluntly, "people and government resources is the key to get special funds, which will have great power rent-seeking space. "

With the in-depth investigation by the reporter, a department of science and technology research project declaration and approval as the center of the interests of the chain gradually surfaced, which initiated by Li Xinghua, the number of LED shares of the leading enterprises of semiconductor lighting industry in Guangdong Province joint innovation center "is to play a pivotal role.

And there are indications that the provincial Commission for Discipline Inspection of the investigation has been in-depth Li Xinghua interests chain. According to the core of the weekly Times reporter broke the news, last week in the South China Sea, Shunde each have a semi official association was taken away to assist in the investigation.

In this regard, the reporter interviewed a number of provincial LED related enterprises, corporate executives on the issue were carefully conceal mentioning Li Xinghua sacked.

August 13th, the reporter found in the Guangdong provincial science and Technology Department, the office of science and technology is quite calm. "The investigation is mainly conducted by the Commission for Discipline Inspection, before the results of the investigation, the office of science and technology is not convenient to express their views," the science and Technology Department of the relevant person in charge of the weekly Times reporter said, now, the science and Technology Department by a deputy secretary presided over the work, everything is normal.

Before the Li Xinghua case is clear, but also to the outside world is concerned, the interests of the chain gradually exposed the process, how many enterprises and institutions to stay out of, and how much will be involved.

Spamming research subsidies sacked the main reason

In fact, the discipline inspection departments for the investigation of Guangdong science and technology system has long been the action.

In May 20th this year, the Guangzhou Municipal Commission for Discipline Inspection and Supervision Bureau revealed that the city is a serious violation of law and discipline Bureau cadres individual investigation.

Although in June 7th the provincial science and Technology Department held a meeting of the ICAC, Li Xinghua said in a speech, a bureau of the city Bureau of bureau of the accident distressing, but this meeting did not stop the expansion of corruption cases of science and technology system.

In June 20th, the director of the Guangzhou City Branch letter Bureau Xie Xuening alleged serious violation is a criminal investigation, and alleged economic crimes, has been transferred to judicial investigation, in the outside world, Mr Xie Xuening is Li Xinghua into the fuse, and scientific research project approval and research of subsidies for the benefits of transportation, is likely to be the main reason for the science and technology system survey.

According to the Guangdong province in August 2011 "on the implementation of the State Council plan to accelerate the cultivation and development of strategic emerging industries", as Guangdong's three largest semiconductor lighting one of the high-tech industry by science and Technology Department of the leading development.

Data show that Guangdong's LED industry output value has exceeded 210 billion, accounting for the proportion of the country is close to 45%, the industry ranked first in the country. But behind the scene data, all kinds of chaos LED industry is too dependent on financial subsidies, have also been outside the black glass

In July 23rd, Li Xinghua participated in the "on-site hotline" program, a technology company general manager of the LED pointed out that now many enterprises in order to fight special subsidies, to focus on the projects above, almost gave up on science and technology research and development, in this regard, Li Xinghua said that when the field do not agree. In his view, it is difficult for enterprises to take government funds to develop.

However, the reality is that financial subsidies have become an important means of survival and development of enterprises. Data show that the development of LED industry, Elec-Tech Sanan Optoelectronics in the local government support, in 2011 net profit growth rate have exceeded 100%, the profit of government subsidies on the Elec-Tech contribution rate of 79%, net profit for the three optical contribution rate is as high as 90%.

"A lot of profits of listed companies of the year only 889, but subsidies can reach tens of millions, billions, for enterprises, the temptation is too great. Long term focus on the LED industry