Product Maintenance

Triangular debt hurt innocent LED industry is difficult to set the stop point

"Triangle debt" spread in the LED industry to the extent? Out Jiahao is competition of enterprises under a normal exit, warning signal or shake the industry foundation? At the end of 2012, Dongguan Jiahao photoelectric Limited company collapsed. This is a small industry in the well-known LED display companies, due to deep triangular debt quagmire, the ultimate boss on foot, had to pay off debt.

The "triangle debts" spread in the LED industry how much? Out of the competition under Jiahao photoelectric enterprises normal exit, warning signal or shake the industry foundation? Related departments on these issues immediately judged is necessary, obviously, as the crisis has threaten the entire industry, so that the government can timely shot LED industry may have a stop loss point disaster.

If the entire LED industry into a triangular debt dilemma, to a large extent, the industry will sooner or later, like the Domino, one after another into bankruptcy. In this regard, Dongguan needs to remain vigilant. At the moment, we should at least open the window of time to prepare for the plan. More importantly, the industry to solve the triangular debt dilemma, relying solely on the strength of one or several companies is difficult to achieve the purpose. Therefore, if the determination of "triangle debt" crisis has now, market mechanism has failed, the government is bound to the hand on hand.

In 90s of last century, in the face of national "triangle debt", the government mobilized economic resources strong intervention to inject external funds start to repay the debt along the industrial chain extension, although there have also been while still under the edge, but still help the majority of enterprises completed a debt settlement however, part of the corporate debt free, and step out of the predicament.

If we claim that the LED industry of the "triangle debt" may hurt the entire industry rather than individual enterprises, so that Dongguan should be timely feedback to the provincial and central industry into a "debt" state, suggested that the central and provincial timely unlock "triangle debt" policy. After all, the industry triangle debt may not only happen in Dongguan, only in Guangdong, is more likely to be national, by the central and provincial policy is the most beneficial to the industry and Dongguan.

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