Shenzhen LED business collapsed, and another asset billion-dollar LED company Shenzhen Vision Light Electronics Co., Ltd. is facing bankruptcy. The company is a large-scale LED manufacturing enterprise with more than 400 employees. The reason why it will close down quickly, the workers said that the company's capital chain breaks down and leads to bankruptcy.
In the Longhua Street Vision Light Industrial Park, some workers gathered to block the factory gate. They said that the company suddenly declared bankruptcy. They were not paid for a few months in arrears. Fortunately, most of the company’s machinery and equipment are there, so they Keep this.
The workers said, "We have no way to spend only here. This industrial park belongs to Guohong Property. But this property company is very unreasonable. It actually arranges people to secretly transfer factory assets. Many of the computers inside are packaged and transported. It’s gone."
The workers said that due to the problem of factory leasing, the company moved from Buji to Longhua, and it took a lot of money to move the factory decoration plant. The company’s second largest shareholder also withdrew the funds, which directly led to the company’s insufficient funds. In addition, due to the company’s main products Sold to Europe and the United States, the European debt crisis has made this factory even worse.
Recently, due to the fact that the factory could not afford to pay rent, Guohong Property directly stopped water and power, which caused the vision light electronics to fall into desperation. “After the initial water cuts, power outages, and the labor department communicated with them, they promised to temporarily supply water and electricity to the places we live in.†The workers told reporters. Since April, the workers of Vision Optoelectronics have not received any wages. In addition, there are still more than 380,000 engineering projects for the factory decoration. At the scene, there are also staff of the street office to count the workers' information, and the street office is prepared to advance the wages of the workers.
Then we contacted the financial manager of Vision Optoelectronics. He showed us a text message from Xing Yi, the person in charge of the factory. “Because of the serious shortage of funds and the ignorance of Guohong Property, the factory was in trouble.†He also said that in order to repay Bank loans, he took out everything in the family, he did not make assets transfer, and now has nothing, and he has left Shenzhen, hoping that the creditors do not harass his family.
"The boss is going to collect the money this time, and then see if there is any hope to build this company again." The financial manager also said that the company's failure is largely due to the difficulty of SME loans. They used to get a loan from Hangzhou Bank, but the difficulties and twists and turns in SME loans are unimaginable. The details of the financial manager are not willing to disclose more, because they are more afraid of Hangzhou Bank's debt collection.
In the Longhua Street Vision Light Industrial Park, some workers gathered to block the factory gate. They said that the company suddenly declared bankruptcy. They were not paid for a few months in arrears. Fortunately, most of the company’s machinery and equipment are there, so they Keep this.
The workers said, "We have no way to spend only here. This industrial park belongs to Guohong Property. But this property company is very unreasonable. It actually arranges people to secretly transfer factory assets. Many of the computers inside are packaged and transported. It’s gone."
The workers said that due to the problem of factory leasing, the company moved from Buji to Longhua, and it took a lot of money to move the factory decoration plant. The company’s second largest shareholder also withdrew the funds, which directly led to the company’s insufficient funds. In addition, due to the company’s main products Sold to Europe and the United States, the European debt crisis has made this factory even worse.
Recently, due to the fact that the factory could not afford to pay rent, Guohong Property directly stopped water and power, which caused the vision light electronics to fall into desperation. “After the initial water cuts, power outages, and the labor department communicated with them, they promised to temporarily supply water and electricity to the places we live in.†The workers told reporters. Since April, the workers of Vision Optoelectronics have not received any wages. In addition, there are still more than 380,000 engineering projects for the factory decoration. At the scene, there are also staff of the street office to count the workers' information, and the street office is prepared to advance the wages of the workers.
Then we contacted the financial manager of Vision Optoelectronics. He showed us a text message from Xing Yi, the person in charge of the factory. “Because of the serious shortage of funds and the ignorance of Guohong Property, the factory was in trouble.†He also said that in order to repay Bank loans, he took out everything in the family, he did not make assets transfer, and now has nothing, and he has left Shenzhen, hoping that the creditors do not harass his family.
"The boss is going to collect the money this time, and then see if there is any hope to build this company again." The financial manager also said that the company's failure is largely due to the difficulty of SME loans. They used to get a loan from Hangzhou Bank, but the difficulties and twists and turns in SME loans are unimaginable. The details of the financial manager are not willing to disclose more, because they are more afraid of Hangzhou Bank's debt collection.
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