LED owners of Shenzhen LED industry run into crisis

On October 8th, the benchmarking company in the LED industry—Shenzhen Duo Duoli Industrial Co., Ltd. (hereinafter referred to as “Chu Duo Li Corporation”) Chairman Mao Guokai and his wife Cui Lihua and their relatives in the company all disappeared. There is no such message.

It is understood that Ruan Duoli Company has owed a loan of 30 million yuan to China Construction Bank Longhua Branch, which owes RMB 17.28 million to Sinochem International Far Eastern International Leasing Co., Ltd., and has owed suppliers more than RMB 12 million in registered money. According to media reports, it is in arrears to guarantee company 3300. Around 10,000, there are even some usury loans that have not yet surfaced.

Does the collapse of Doolix Corporation herald the ominous prospects of the bursting of the LED bubble? According to the survey and the amount, Shenzhen currently has about 4,000 LED industry enterprises. In the first half of this year, more than 100 midstream packaging companies and more than 300 downstream application companies have closed down, and the LED industry is facing difficulties.

There are two main reasons for this phenomenon: the first is the enterprise itself, and the LED products of the company rely more on the municipal government's municipal projects for digestion. The expensive price makes the civilian use still far out of reach, and many companies are blindly expanding; Affected by the weakness of the international market, the export of LED products was not smooth and the domestic market failed to open in time.