The price of LED expansion: looking forward to the future in pain

In Shenzhen junduoli Industrial Co. Ltd. (hereinafter referred to as junduoli) staff, last year, they still have a good corporate billion dollars in sales, now only owed more than 90 million yuan, which does not include the usury has not yet surfaced.

It is also inconceivable that there have been 2011 Chinese electronics industry leader, such as halo entrepreneur Mao Guojun, but in a few years to end up on a foot.

In October 8th, junduoli chairman Mao Guojun and his wife Cui Lihua and served in the company of all the missing relatives. Leave junduoli a long list of debt arrears list: Longhua branch of China Construction Bank loans 30 million yuan in arrears; Sinochem International Leasing Company 17 million 280 thousand yuan, registered about 12000000 yuan payment default supplier arrears 33 million yuan; Guarantee Corporation

Someone will Maodang under the circumstances, due to funding strand breaks caused by blind expansion. In the past year, junduoli planning in Sichuan Shuangliu investment 400 million yuan, the construction of LED application project. At the same time, Mao had also planned to complete the first half of this year, Hubei, Xiangfan production base, the second half of the completion of the construction of production bases in Jiangsu. These are not small expenses. However, the registered capital of only about 20000000 yuan, annual sales of only 100 million yuan, Mao seems inevitably some aspiring, too weak.

Ironically, just six months ago, Mao Guojun also told the media that the current strength of the investment consortium, investment after another, investment enthusiasm soared. However, the actual situation is a large proportion of blind investment, to a certain extent, caused confusion in the LED industry, to the development of the industry has brought a certain degree of impact.

At the same time, junduoli family management is also fraught with hidden dangers: company controlled by Mao Guojun, financial and audit control in the hands of Cui Lihua and his wife, the executives were placed in other core affairs. Even in the expansion of the company's business, but also did not establish a full range of talent team, only rely on Mao one trader, in the face of business difficulties, the pressure is huge, it is difficult to withdraw.

In fact, the fallen junduoli, and is closely related to their own blind expansion and operations, and overcapacity in the domestic LED industry is also a great relationship.

Guangdong released a report shows that the United States, Japan and Europe, LED companies, with more than 80% of the LED chip core technology patents, while domestic enterprises with similar patents of less than 10%. Due to the lack of the most core chip technology, China's LED enterprises generally imported foreign chips. Foreign well-known LED chip enterprise products in the domestic market share of nearly 100%. This strong contrast happened to illustrate the embarrassment of the domestic LED industry.

Looking forward to the future in pain. "There are people in the industry status quo summary LED entrepreneurs, but behind the fragile financial chain and industry of false prosperity, Mao Guojun by running away in the face of the crisis, but also a lack of entrepreneurial performance.