Transformation of the LED display lighting ripe?

When he saw the tall building, he saw the banquet guests, watching him collapsed. Last year, after the collapse of junduoli bolunteguang, recently, claiming to be "finalist for two consecutive years the top five industries, billions of dollars of assets LED display enterprises, Shenzhen Diguang Electronics Co. Ltd. comes to an end, the legal representative of the major shareholder of the company, Xing Yi missing.

Due to funding strand breaks, the vision from the beginning of this year, the beginning of arrears of wages of workers, but also in arrears of plant decoration Fang Gongcheng, the bank's arrears of up to tens of millions of dollars, the company has filed for bankruptcy. Xing Yi had sent a short message, said: due to the serious shortage of funds, coupled with the property of the country hung flicker, so that the factory into trouble. "

Three or four years ago is the golden age of the LED display industry, but with the influx of large numbers of companies, after another round of price war, and now the LED display industry has bottomed out. Pan Wenbo, founder of the Guangzhou International Lighting Fair, Guangya Lighting Research Institute president pointed out that the field of LED display industry downstream applications. Industry net profit margin fell to 5% or even lower from the peak of the time, the survival of small and medium enterprises is difficult, the imminent transformation of the 40%.

Economic crisis led to the capital chain rupture

"Shenzhen is willing to shine light Electronics Co., Ltd. is a focus on the LED display industry, high-tech private enterprises, with assets of more than 80 million yuan, is currently the largest LED display equipment research and development, manufacturing base. According to the vision of the official website of optoelectronics, which in 2007 and two years, sales of up to 260 million.

However, this claiming to be able to squeeze into the top 50 in the domestic LED display industry, the industry for the first time in two consecutive years, the top five companies, but in June 29th this year, suddenly declared bankruptcy.

Informed sources said that this factory, the majority of products sold to Europe and the United States, the European debt crisis make the factory sales dismal performance; and the factory moved from Buji to Longhua, the building and decoration of the new factory moved to spend a lot of money, the second largest shareholder of the divestment; begged no money loan, Diguang electronics capital chain.

Because the factory can not afford to pay the rent, the property has been hung hung hydropower all stopped, the workers will be blocked in the streets of Longhua willing to light industrial park gate, hoping to hold the plant machinery and equipment, to recover wages.

Reporters learned that the vision from the beginning of this year, the wages of workers in arrears, in addition to the factory renovation of about 380 thousand yuan project funds, the bank owed up to tens of millions of dollars. Vision has been completely hopeless, no vision".

Vision legal representative Xing Yi sent a short message to the outside world, said: due to the serious shortage of funds, coupled with the property of the national red flicker, so that the factory into trouble. "Xing Yi also said that in order to repay bank debt, he took everything at home, he did not do the transfer of assets, are nothing, and he has left Shenzhen, hope that creditors do not harass his family.

Xing Yi is one of the two founders of Technology (Shenzhen), a company listed on the gem last year. Xing Yi ran away now, people sigh.

A variety of factors was small and medium sized enterprises

Reporters in recent days to call the office phone calls, no answer. The official website of the "contact Chen, mobile phone is empty.

In the view of Guangzhou Shuai lighting director Lu Weiqiang, vision photoelectric collapse it is expected, "we only heard of the industry profit rate is high, and the lack of investment for the blind, LED display to master the core technology, but also the lack of technical talents, is expected this year, there will be 30%-40% of the closure of small and medium enterprises. "

Reporters from a number of enterprises to understand the current LED display, LED display enterprises are mostly concentrated in the low-end market, more and more LED product weight is not heavy, 90% of the enterprises are in a price war, vicious competition, industry profit rate to 5%, while the peak when the profits of up to 40%.

One in the LED industry in Foshan told the newspaper, the dealer has a warehouse, a about three hundred thousand yuan Tun LED brand products, varieties of hundreds of products, some only a few lights, but sold a year later found that some product quality problems. The dealer complained with the above, and now LED manufacturers to do more variety of products, but the quality is not stable, selling half a day can not make money, earn a pile of inventory.

Shenzhen Wenzhuo director of green environmental protection science and technology limited company general manager Li Miaowen said, because the level of domestic technology itself is not up to the international standards, quality decline, in the domestic packaging after chip life is shortened, the maintenance cost is very high, so LED manufacturers are often just swallowed a fund to spit out, new production projects are manufacturers need to invest, extremely easy to cause the rupture of capital chain. In addition to the above problems, LED display industry is also facing triangular debt, narrow financing channels and other difficulties.

According to the general rules of the industry, enterprises choose the upstream suppliers of raw materials on credit, while allowing the downstream customers to maintain long-term orders in arrears. In this cycle of arrears on the chain, once the company's sales market instability or profit margins decline, the chain will be broken arrears.

Diguang electronic finance director believes that the failure of the factory is largely because of the small and medium-sized enterprise loan is difficult, they had to get a loan to the Bank of Hangzhou, but the "loans to small and medium-sized enterprises encounter difficulties and setbacks unimaginable".

The situation is very serious, and the industry can not get bank financing, capital chain