Shenzhen LED enterprises reported a rapid rise in export losses

According to statistics, from 1 to August this year, the value of the loss of the case reported in the case of the loss of the case of Shenzhen LED enterprises have been close to the amount of last year, the risk of overseas markets gradually expand. Experts pointed out that the main reason is the increasingly fierce competition in the domestic market in the middle and lower reaches of LED has developed the habit of buyers credit sales, business management and risk prevention and control challenges.

In order to regulate the industry standard LED export contracts, the establishment of industry of overseas buyers risk early warning platform, help the export enterprises to open up the market risk aversion, wisdom, effective August 30th afternoon, Shenzhen LED Industry Association, Shenzhen branch of China Export and Credit Insurance Corp and Chinese Bank branch in Shenzhen city held a financing risk management forum LED enterprises in the Shanghai Hotel. More than 30 local companies in Shenzhen LED industry executives attended the forum.

At the forum, Shenzhen LED Industry Association announced that Shenzhen and jointly build credit insurance industry risk management platform for the majority of enterprises in the industry risk, the contract specification, negotiation and risk consulting services. It is reported that this is the first by the Shenzhen Association of industry risk management platform.

According to Shenzhen letter Paul statistics, the current Shenzhen LED industry insurance companies 227, the insured amount of $570 million, most of the leading enterprises in the industry are customers. The reported loss of 45 cases occurred in 2012 LED industry enterprises, amounted to $8 million 680 thousand, the actual claims of $4 million 460 thousand; 39 cases of reported loss occurred in 2013 1-8 month LED enterprises amounted to $7 million 840 thousand, the actual claims of $4 million 190 thousand, the most danger areas are the United States and the European union. As can be seen from the above data, this year, the number of cases and the amount of LED export losses reported in the rapid rise, the total is close to last year.

Since 2013, LED industry to pick up the signal frequency, the favorable policies continued. But at the same time, LED industry bankruptcy cases have occurred, Zhongshan xiongji lighting factory, Shenzhen, ten star ray photoelectric photoelectric, Shenzhen billion light science and technology, Taiwan Qili photoelectric enterprises came in the smoke of the industry competition in the fall.

Risk prevention and control is particularly important

The overseas market, has been an important strategic target of enterprise LED, but the impact of the European debt crisis has not been dissipated, overseas micro economy yet to recover, LED industry enterprises in the overseas market encounter in the process of risk loss increased year by year. Increasingly fierce competition in the domestic market in the middle and lower reaches of LED has developed the habit of buyers credit sale, business management risk prevention and control is particularly important.

Most enterprises have personnel, finance, inventory management system, but ignored the risk management. Sun Junzhu, director of the Shenzhen branch of a letter of credit insurance, overseas sales is different from the domestic market, but also need to improve the risk management system to control. "

Sun Junzhu said that the export enterprises need to change the boss "head" decision-making, to improve the management from the three aspects of the credit mechanism, contract documents management and risk, to ensure the healthy and stable development of the enterprise business. Especially in the contract management, enterprises should pay attention to identify the main transaction, choose the right form of the contract, grasp the key terms, wisdom to deal with disputes.

Shenzhen LED Industry Association official said that the building industry risk management platform can share the credit status of overseas buyers and enterprises in the industry, the timely monitoring of overseas market risk, help enterprises improve the ability to prevent risks in international trade, enhance the competitiveness in the international market.