[Text / "High-tech LED" reporter Tang Zikai] 2012 is coming to an end, the LED display industry frequently reports that enterprises are shut down, the boss is running, and so on. "Now the market is not good. If the payment is not received at the end of the year, the employee's salary will not be able to be sent." Recently, suppliers have complained to "High-tech LED" and worried that after the Spring Festival, there will be customers running.
In the second half of this year, a number of billion-dollar enterprises, including Bigeye, Haobo Optoelectronics, Jiahao Optoelectronics, etc., have closed down one after another. This has made suppliers who have not recovered their purchases more anxiety. "The enterprises with a scale of 100 million yuan have the most serious problems of triangular debts, and the risk warning system is also the lowest. In the case of excessive competition in LED displays and low gross profit margins, the phenomenon of suspension of production and production is the first to occur."
In December, Dongguan Jiahao Photoelectric Co., Ltd. (hereinafter referred to as “Jiahao Optoelectronicsâ€) was seized by the local people's court in Dongguan due to arrears of suppliers' payment of 18 million yuan. It is reported that Jiahao Optoelectronics actually has less than 7 million yuan in total assets, and its current chairman Sun Yiyang has already run.
"High-tech LED" learned in Dongguan and Shenzhen Industrial and Commercial Bureau that Jiahao Optoelectronics registration time is March 2011, but its predecessor was Dongguan Weihao Electronic Materials Co., Ltd., which was established in 2003, mainly engaged in electronic circuit boards and electronic materials. And other products. “Jiahao Optoelectronics is also an old-fashioned enterprise. It is relatively low-key in the industry, but its annual sales are more than 100 million yuan,†the supplier said.
In July 2010, Sun Yiyang invested RMB 4.95 million to purchase 90 mu of land in the industrial park of Wan'an County, Jiangxi Province, and built Jiahao Industrial Park with a total investment of 500 million yuan. Dongguan Weihao Electronic Materials Co., Ltd. invested RMB 50,000, accounting for 1.0%. The industrial park mainly deals with LED lighting and lighting, LED display production and sales. In the same year, Sun Yiyang also established Jiahao Optoelectronics Technology Co., Ltd. in Shenzhen.
Sun Yiyang hopes to increase the company's performance by expanding production capacity. However, the shortage of capital chain has become the direct trigger for Jiahao Optoelectronics to stop.
However, Jiahao Optoelectronics supplier responded that it is still debatable whether Jiahao Optoelectronics Industrial Park will actually expand production. "At present, the industry's usual method is to paint a blueprint for suppliers and capitalists, and use the power of others to improve themselves." When the reporter called Sun Yiyang's mobile phone, it showed that it had been shut down.
In fact, at the same time as the expansion of Jiahao Electronics, the LED display industry has experienced a sharp decline in product prices, low gross margins and excessive competition in the industry.
National Star Optoelectronics, Lehman Optoelectronics, Ampson, Mulinsen and other packaging companies have reduced product prices and expansion. It is reported that LED lamp beads have doubled this year, the original RGB40 yuan / K, the market now appears 20 yuan / K; 5050RGB, previously 500 yuan K, now out to 80 yuan K, which also caused some potential for LED display manufacturers Inventory depreciation risk.
“The biggest problem of Jiahao Optoelectronics is that the gross profit margin of the product is too low. The products he runs cannot be profitable. In addition, there is no core technology. In the case of large fluctuations in the industry, their anti-risk ability is also the worst, so the first one. Fall down," the supplier said.
In fact, the problems encountered by Jiahao Optoelectronics are also a common phenomenon in the LED display industry. In particular, enterprises with sales scales exceeding 100 million have the lowest ability to withstand risks. “Haobo Optoelectronics, Big Eyes, Jiahao, etc. are also large-scale enterprises, which developed earlier, but fell down at the earliest.†Peng Chengxue, general manager of Yitong Electronic International Trade Department, said.
“The LED display industry has a low threshold, and the company lacks core competitiveness. For companies with a scale of over 100 million, on the one hand, it expands production to cope with market competition; on the other hand, it gains more investment and suppliers by increasing production capacity. Concerns.†Peng Chengxue said that when the external environment changes, these companies have the lowest risk resistance.
"The output value of LED display screens is more than 20 billion yuan, but the concentration of enterprises is not high. There are less than 500 enterprises with more than 400 million yuan, 80 enterprises with more than 100 million yuan, and then hundreds of small-scale LED displays. Screen enterprise.†Peng Chengxue said that the company’s strength of over 100 million yuan is relatively strong, but even companies with more than 100 million yuan have fallen down one after another, which is a dangerous signal.
"At the end of this year and early next year, a large number of LED display companies will close down." Zhang Xiaofei, CEO of Gaogong LED, said.
In the second half of this year, a number of billion-dollar enterprises, including Bigeye, Haobo Optoelectronics, Jiahao Optoelectronics, etc., have closed down one after another. This has made suppliers who have not recovered their purchases more anxiety. "The enterprises with a scale of 100 million yuan have the most serious problems of triangular debts, and the risk warning system is also the lowest. In the case of excessive competition in LED displays and low gross profit margins, the phenomenon of suspension of production and production is the first to occur."
In December, Dongguan Jiahao Photoelectric Co., Ltd. (hereinafter referred to as “Jiahao Optoelectronicsâ€) was seized by the local people's court in Dongguan due to arrears of suppliers' payment of 18 million yuan. It is reported that Jiahao Optoelectronics actually has less than 7 million yuan in total assets, and its current chairman Sun Yiyang has already run.
"High-tech LED" learned in Dongguan and Shenzhen Industrial and Commercial Bureau that Jiahao Optoelectronics registration time is March 2011, but its predecessor was Dongguan Weihao Electronic Materials Co., Ltd., which was established in 2003, mainly engaged in electronic circuit boards and electronic materials. And other products. “Jiahao Optoelectronics is also an old-fashioned enterprise. It is relatively low-key in the industry, but its annual sales are more than 100 million yuan,†the supplier said.
In July 2010, Sun Yiyang invested RMB 4.95 million to purchase 90 mu of land in the industrial park of Wan'an County, Jiangxi Province, and built Jiahao Industrial Park with a total investment of 500 million yuan. Dongguan Weihao Electronic Materials Co., Ltd. invested RMB 50,000, accounting for 1.0%. The industrial park mainly deals with LED lighting and lighting, LED display production and sales. In the same year, Sun Yiyang also established Jiahao Optoelectronics Technology Co., Ltd. in Shenzhen.
Sun Yiyang hopes to increase the company's performance by expanding production capacity. However, the shortage of capital chain has become the direct trigger for Jiahao Optoelectronics to stop.
However, Jiahao Optoelectronics supplier responded that it is still debatable whether Jiahao Optoelectronics Industrial Park will actually expand production. "At present, the industry's usual method is to paint a blueprint for suppliers and capitalists, and use the power of others to improve themselves." When the reporter called Sun Yiyang's mobile phone, it showed that it had been shut down.
In fact, at the same time as the expansion of Jiahao Electronics, the LED display industry has experienced a sharp decline in product prices, low gross margins and excessive competition in the industry.
National Star Optoelectronics, Lehman Optoelectronics, Ampson, Mulinsen and other packaging companies have reduced product prices and expansion. It is reported that LED lamp beads have doubled this year, the original RGB40 yuan / K, the market now appears 20 yuan / K; 5050RGB, previously 500 yuan K, now out to 80 yuan K, which also caused some potential for LED display manufacturers Inventory depreciation risk.
“The biggest problem of Jiahao Optoelectronics is that the gross profit margin of the product is too low. The products he runs cannot be profitable. In addition, there is no core technology. In the case of large fluctuations in the industry, their anti-risk ability is also the worst, so the first one. Fall down," the supplier said.
In fact, the problems encountered by Jiahao Optoelectronics are also a common phenomenon in the LED display industry. In particular, enterprises with sales scales exceeding 100 million have the lowest ability to withstand risks. “Haobo Optoelectronics, Big Eyes, Jiahao, etc. are also large-scale enterprises, which developed earlier, but fell down at the earliest.†Peng Chengxue, general manager of Yitong Electronic International Trade Department, said.
“The LED display industry has a low threshold, and the company lacks core competitiveness. For companies with a scale of over 100 million, on the one hand, it expands production to cope with market competition; on the other hand, it gains more investment and suppliers by increasing production capacity. Concerns.†Peng Chengxue said that when the external environment changes, these companies have the lowest risk resistance.
"The output value of LED display screens is more than 20 billion yuan, but the concentration of enterprises is not high. There are less than 500 enterprises with more than 400 million yuan, 80 enterprises with more than 100 million yuan, and then hundreds of small-scale LED displays. Screen enterprise.†Peng Chengxue said that the company’s strength of over 100 million yuan is relatively strong, but even companies with more than 100 million yuan have fallen down one after another, which is a dangerous signal.
"At the end of this year and early next year, a large number of LED display companies will close down." Zhang Xiaofei, CEO of Gaogong LED, said.
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