The industry demand slowdown, and the shopping price make led display lighting industry reshuffle. Flowing last year, especially after the collapse of June Tatsutaro of Jun Tatsutaro Boren, recently Shenzhen has a medium-sized led lights display production enterprises–vision optical Electronics Company Limited(hereinafter referred to as the “vision optical electronic”) collapse.
Another fallen
According to media reports, may the kind of light electronics in June 29th officially declared bankrupt. The assets of 100 million yuan, a total of more than 400 employees of led display lighting production enterprises of light electronic wave arrears amounted to 20000 yuan, in addition to poor plant decoration party more than 38 works.
The company’s financial manager said, the bankruptcy of the company is to a large extent because of the SME loan difficult problem.They had to get a loan of the Bank of Hangzhou, now they are more afraid of the Bank of Hangzhou to creditors.
A reporter from the Shenzhen credit online to vision, optical electronic legal representative as the Xing Yi, the company address in Shenzhen City, Baoan District Longhua streets Clear Lake Road Guohong industrial zone.
Many industry insiders told us that the Xing Yi, Sichuan, had worked in the domestic led display lighting one of the leading enterprises of Shenzhen City, Chau Ming Technology Co., Ltd. In 2005, Xing Yi founded the vision of optoelectronic, the main production of various indoor and outdoor LED street lights display, a substantial part of exports of US and European markets, has also set up vice-factory in Hangzhou.
One worker who works with Xing Yi, hopes that the vision of optoelectronics in recent years have structural changes occurred, and the sharesholders of a scramble for profits. So funds are tight.
“Failure of vision photo-electron, in essence, because of more competitors. Regardless of quality, at the low end of competition, there is no profit.” LED flood lights Engineering Industry Research Institute Xiao-Fei Zhang pointed out to the newspaper, and then generate the funding strand breaks, arrears-domino effect, the upper reaches of stock and stop production.
One supplier told me the vision of the photoelectron is a family business, and comprehensive management capacity is weak, the end of last year no longer a supplier to the vision of photoelectron.
It is understood that the vision of the photo-electron may be arrears as high as thousands of yuan.