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Shenzhen Chinese Commercial News reporters Su Haiqiang and Liu Jinyu Wenzhou SME boss "on foot boom" spread to the Shenzhen LED industry. September 30 is also the company coming out of Shenzhen Junduoli Industries Limited (hereinafter referred to as "Junduoli"),peuterey piumini, Chairman Mao Guojun, seven days National Day holiday is over,parajumpers salg, carrying his wife Cui Lihua their relatives serving in the company All missing. Interview with reporters yesterday found that due to funding strand breaks lead to the collapse of the chairman Junduoli "foot" incident has caused the industry, "Fury", industry insiders said, this is not an isolated phenomenon now LED industry. Since LED serious excess capacity,basket air jordan pas cher, large enterprises and listed companies continue to increase the integration of LED intensity,http://amtb.foz.cn/home.php?mod=space&uid=268887, LED closures already filled Hongbo, Shenzhen LED SMEs are facing bankruptcy or liquidation.
Boss "on foot" caused the industry shock
Junduoli homepage, the company address Wentao Shiyan Street, Baoan,chaussures tn pas cher, Shenzhen Science and Technology Park, Building B. Yesterday, the Shenzhen Chinese Commercial News reporters Lai Daowen and Tao Keji Park, the park, Building B, the original building has been demolished despite hanging signs, but "Junduoli Company" imprint the words still clearly visible. Security Wentao Science Park Management Office, told reporters, as early as May of this year, Junduoli because of arrears management fees was driven away, the company has reportedly moved Langkou community Baolong Village Tyrone commercial.
According to the guard presentation, probably because Junduoli has not changed the company's address on its home page, from the beginning of May, someone bursts come here to collect debts, have recently come more frequently. "We have become accustomed to, and you have a look at this," he pointed to the management office is sitting in a daze Miss Sun said.
Miss Sun is Junduoli small suppliers,peuterey giubbotti, "In fact, as early as May of this year to know Junduoli have financial problems also come before me twice, each time to the front are filled with people waiting to catch paragraph because they owe me money just over 10,000 yuan, so no chasing before it must now hear Junduoli bosses are gone, it is estimated that the money but did not expect it. "Miss Sun look helpless.
According to residents of the nearby commercial Baolong Village Tyrone reflect recent Junduoli employees often come to recover wages come every day is a reminder of the constant stream of vendors, and even usury receivables personnel at the door squat.
Junduoli collapse has caused the industry shock. After October 10, someone posting "Junduoli owed tens of millions, the boss disappeared" in the Alibaba business forum, a few days time, has reached more than 30 of the reply message, claiming to be friends zw547952826 Sichuan Jun multi- Li's staff, he replies that the local government had seized Junduoli evening at a local factory, but the staff of life,http://cnbbs.razerzone.com/home.php?mod=space&uid=17167, wages have not been resolved. Netizen "Cheng Hao brass" reply that reflects the difficulties of the moment at running business operations. User "LED display cottage experts" replies said, LED industry pressures began to show from years ago, Junduoli collapse just miniature.
On the same day, Chinese LED lighting online users have posted "Junduoli chairman of the foot," the post after a few days of a reply from the industry reached more than 50 pieces. User "p1x6c8" said: "LED market now is not ideal, oh, a lot of places Fang Dajia." He reminded wage earners "to beware of the boss disappeared."
Shenzhen LED Industry Association City Sui Sai Wing Executive Vice President and Secretary General, told reporters yesterday that he currently has no news Junduoli chairman  of Junduoli's what has caused the Shenzhen municipal government attention, and conducting relevant investigation. Before the survey results did not come out, he is not convenient to express any opinion. He also pointed out that this incident will certainly touch the entire industry to produce.
Was "to create a miracle."
Shenzhen Economic Daily reporter learned that Junduoli is a professional LED optoelectronic product development, manufacturing and sales of large enterprises. After years of development, the company already has four production bases in the country, by more than 100 Dutch companies to import high-end ASM LED photoelectric products consisting of fully automated production equipment, LED dot matrix, SMD LE automatic SMD LED display and several other production line.
Reporter Baidu search keywords "Junduoli" discovery, "Baidu Library" in the introduction to Junduoli wrote: Junduoli as "China Shenzhen Industry (Electronic) 10 companies" (number 05127). " 2005 China Optics and Optoelectronics Manufactures Association corporate image "," Shenzhen Enterprise Confederation and Shenzhen Entrepreneur Association executive director units "," Guangdong Province Lighting Top Ten Enterprises "," Guangdong Province Lighting energy saving products top ten enterprises " "The first people to grow the value of most companies in Shenzhen", "Shenzhen High-Tech Enterprise", "Shenzhen Top Brand" and "City of Shenzhen LED Industry Association executive vice president of the unit", "China top ten enterprises in the semiconductor industry." December 2009, Junduoli won the "national high-tech enterprises."
"Baidu Library" where also wrote Junduoli created a miracle LED industry: in 2004 to become the leading domestic LED dot matrix production enterprises; 2006 developed by Wuxi outdoor full color Logo display became the world's largest LED display; 2007 from design to delivery will be completed using only 15 days "Huaqiang North Commercial Street" 30,000 square meters in Shenzhen City,hollister soldes, the first large lighting project; development of the company in 2007 to the semiconductor lighting field, completed the first three generations of LED lights development and improvement, and has made LED lights intelligent breathing patents and controllable color temperature adjustable LED lighting patent, adjustable lighting fill light luster fades patent; 2008 completed Shenzhen scholarly "Shenzhen, the first mobile portal TV big screen "design, development, production and installation, creating a LED display to the back of the patented technology of its kind; while completing the Shenzhen Municipal Trade and Industry Bureau of the largest LED technology projects to achieve the LED production line automation; 2009 first to break the all- color dot matrix without correction technology to achieve a large-scale production of full-color dot matrix, full-color LED display industry leading revolutionary change ...... Junduoli vision is: to become the domestic LED industry pioneer, to create a complete LED industrial chain, gradually to high, refined, sophisticated product transition, realized by a single-color dot to dot-scale production of full-color, full-color dot matrix to determine the core of Chinese manufacturing enterprises position, leading the full-color revolution.
Funding strand breaks caused by blind expansion
However, this "LED industry has created a miracle," the Star Enterprise, so lightning to fall. So, crushed Junduoli the "last straw" then what is?
According to the Institute of Engineering LED industry consolidation aggregated data show that this is only the registered capital of 20 million, with annual sales of less than 200 million yuan in the display business, but it has a stunning expansion plans: in 2010, should be in Sichuan Shuangliu County, Chengdu and invitations Junduoli and Shuangliu County People's Government signed an investment conference in the West amounted to 400 million yuan of LED packaging applications related to the construction of the project agreement. At present, a company incorporated in Sichuan Jun multi Lixin Energy Technology Co., Ltd., the first phase of registration 24 million yuan. Prepare two complete registration 80 million yuan, mainly produces LED light source, LED lights, LED lighting products, LED display products. At the same time,moncler outlet online italia, Junduoli also ready to complete the construction of the LED light display, LED light illuminated the whole production-oriented production base in Xiangfan, Hubei Province in the first half of 2011, will be completed in the second half of the production of LED-based backlight module Construction of the production base in Kunshan, Jiangsu.
Collapse Junduoli, it is precisely this production base in Sichuan. Managers Junduoli a responsible manufacturing operations, told reporters that the root cause may be the company boss foot expansion too fast, leading to funding strand breaks.
Shuangliu County, Sichuan Province, due to investment demand for Junduoli commitments, the production base of the plant rent-free for three years. Junduoli company by way of a finance lease, to Sinochem International Far Eastern Leasing Company, rented production base worth more than 1,700 yuan in Sichuan equipment. The management personnel, although production base in Sichuan have been put into production, but the benefit has been bad, the production of light-emitting diodes and LED screen sales are not great.
It is this adverse economic expansion of the adventure, so Junduoli troubled funding strand breaks. Due to understand the company's financial difficulties, many employees have resigned Finance Department. A Finance Ministry employees of the company arrived three months, told reporters: "I first came to the company the next day,http://my.5754.cn/home.php?mod=spacecp&ac=blog&blogid=, the boss let me do the financing, and I knew the company's financial situation is not good, wanted to resign." But then boss appease the way down with a raise, three months, she repeatedly asked to resign, but have been the boss depressed. According to her, the name  do with eight sets of real estate collateral, loan from China Construction Bank Longhua Branch 30 million yuan. With the industry's good reputation and five patents in the LED industry, Junduoli companies have been from some small loan companies, venture capital lending and trading companies, and even get involved in usury.
It is understood that the company owed Junduoli Longhua Branch of China Construction Bank loan 30 million yuan owed Sinochem International Far Eastern Leasing company 17.28 million yuan, the amount owed suppliers have registered more than 1,200 yuan, about 33 million yuan in arrears guarantee companies, and even There are not yet surfaced of usury. In September this year,http://www.jjhsshy.com/forum.php?mod=viewthread&tid=55350, when the high loan had expired,spaccio moncler online, Mao Guojun day facing banks and private investors continue to Dunning.
Junduoli industry event is not the case
According to the reporter,http://www.baoyifood.com/forum.php?mod=viewthread&tid=12419, the Junduoli closure caused by borrowing in the entire LED industry is not the case.
According to the Institute of Engineering LED industry statistics, the first half of 2011 amounted to signing the LED industry investment planning 118.498 billion yuan, an increase of 26 percent compared to last year, which contracted in the second quarter amounted to 82.982 billion yuan investment plan, compared with the first quarter of 5.516 billion yuan growth of 133.65%. But the downstream market is clearly not open. LED products companies rely more on local government public works to digest, high prices make civilian still out of reach, but the impact of the weak by the international market, LED product exports also suffered poor.
The cost of the LED lamps nearly seven decline in corporate profits, which is the result of Foshan Lighting Association's recent survey. According to customs data, Nanhai District, in August this year, the South China Sea lighting products exports increased by only 6% over the same period, in August fell 2 percent. Foshan lamp Association for Wu Yulin, said: "This is the last reduction of support orders, orders fell a single count more this year." Zhang Shuhua, general manager of the Guangdong Real Faith Lighting Co., said that last year, Akinobu domestic sales accounted for only 20% this year accounted for 50 percent, "the foreign market orders fell 40 percent."
Foshan Songbei Optoelectronics Technology Co., Ltd., general manager Luo Jianguo said that in this dilemma, companies can cut, "the situation is specific production plan." Foshan Lighting Association, according to the research, more than half of companies have cut intentions, production rate of over 20%. At the same time, layoffs, unpaid leave and other measures have also appear, there is a survey of 400 people quit the business due to cut more than 100 people. Most of these companies are small and medium enterprises, on the one hand is the slowdown in exports, on the other hand is pouring into big business. In earlier years, small and medium sized businesses are more profitable LED lighting, but now faces enormous pressure to survive.
Under pressure, LED industry collapse SMEs have become commonplace.
Statistics also show that the Institute of Engineering LED industry, LED business failures nationwide this year, the number of more than one percent, which made the package have 100 or more, including mergers and acquisitions of companies; do luminaires over 300, mostly for small businesses , the current industry has entered a reshuffle. Guzhen Town, Zhongshan City, known as "China Lighting Capital", where there are registered more than 4,000 lighting business, where hundreds of LED-related businesses. Last year, the town lighting output value reached 17.3 billion yuan, accounting for 60% of the national market share. For many LED enterprises in Zhongshan, this does not seem to live a stable life one day. Before that, the domestic one LED company CEOs told the media revealed that 90 percent of the domestic LED business at a loss. But now "collapse" has become worse than this loss manifestations.
Shenzhen LED Industry Association, former president of Wang Dian-fu yesterday told reporters that the closure is normal, just like TV manufacturers original country has more than 300, the last only six, is currently the vast majority of enterprises in Shenzhen more than 1300 LED for SMEs, it is impossible can survive, the industry has begun to closures, the industry is facing a brutal reshuffle. Currently, despite the rapid growth of LED as a whole showed a trend, but every day in Shenzhen LED enterprises are facing bankruptcy or liquidation.
Industry consolidation and capital "flank"
What is the cause of the collapse of a series of LED business?
Reporter yesterday learned that two other reason than this: a large enterprise integration and increased financial strain.
GEM listed company chairman Lee Lehman photoelectric Iron Man Shenzhen Economic Daily reporter said, LED as a new industry, attracting a large number of investments last year began listing several LED enterprises have increased industry consolidation efforts. Enter 2011, the traditional home appliance giant Midea, Konka, Skyworth and Samsung have set foot in LED lighting. Currently, the domestic LED production capacity has serious excess capacity asymmetry and needs. Under labor costs,http://www.9966sk.com/home.php?mod=spacecp&ac=blog&blogid=, raw material costs increased profitability decline, some companies within the industry saw investment of around LED favored a plus, launched abnormal zero premium and other favorable conditions, a lack of core competitiveness, do not have the strength the case of debt expansion, consolidation in the industry, "Warring States Period", the blind expansion could not withstand the temptation, the outlook certainly not optimistic.
LED Engineering Research Institute survey showed that SMEs different, the United States, Konka, Skyworth, Samsung and other big companies an average increase in orders this year are more than 50%. Deputy general manager of Konka Group Co.,http://www.8264.com/home.php?mod=spacecp&ac=blog&blogid=, Ltd.  in an interview with the Shenzhen Daily reporters, said: "Small businesses do not have a cost advantage, Konka Group in 2003 into LED lighting, from R & D, production and sales; from the packaging plant, to the chip factory, then lighting plant, formed a complete industrial chain, this is a lot of small and medium scale advantages unmatched. " also said that the current pressure caused by large enterprises to SMEs mainly in three aspects, one brand impact, the second is the cost impact of the scale under the third is the quality of impact.
LED Engineering Research Institute Xiaofei believes additive effect due to RMB appreciation and rising costs associated with the various, further exacerbating the operating pressure of SMEs. Rising raw material costs, labor costs, to enable SMEs in the cash-strapped state worse. Lack of markets, lack of core technology,http://bloggingmetablog.com/forum/profile/b7hg27smtt,nike tn femme, lack of funds and equipment to enable SMEs in an awkward position. In addition, continued monetary tightening, but also to many small and medium enterprises into financial difficulties LED survival and development. Since last year,air jordan pas cher femme, the central bank raised the deposit reserve ratio, the 21.5% level has been reaching record highs. And with private financing channels for SMEs, because of the need to use the discount after acceptances, so doing a whole bank funding costs reached 12%. "For the present, however, gross profit margin of 15% of small and medium enterprises, how to withstand such a large loan financing pressures." Zhang Xiaofei said.
Xiaofei Gao told reporters, according to the news they have mastered, there are two to three scale Shenzhen LED business funding problems have emerged. According to their research, the industry's winter has just begun. End funds are still tight, increased foreign trade returns, there will be more business failures.
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Shenzhen CCB has been recovered
Junduoli 19 million loan
[Shenzhen Economic Daily News] (Reporter Zhu Lihua) Junduoli company owner running, there is news that it owed the bank, the loan guarantee company and supplier payment. Yesterday afternoon, the reporter from the China Construction Bank, Shenzhen Branch was informed that the bank has recovered the company 19 million yuan of loans.
Yesterday, reporters from the China Construction Bank, Shenzhen Branch has learned that the company had in the bank loan of 23 million yuan, there are still 19 million yuan loan balance is not repaid. When reporters asked the loan, the bank-related sources, "Bank loan guarantees to improve measures to dispose of them my bank is determined not to CCB formation of losses." Several hours later, the China Construction Bank, Shenzhen Branch official told reporters that 19 million yuan loan balance has been fully recovered.
Currently,hogan rebel prezzo, the reporter has not yet learned that the company is still owed to other banks. Some media said Junduoli company owed about 33 million yuan guarantee companies, and even some not yet surfaced of usury. Shenzhen, a security company responsible for the reporters, do not know specifically what a security company. However, the person said that if such loans are unsecured, the loan amount is not small, it should be related to several security companies.