Shenzhen big eye arrears nearly 70 million LED suppliers to the Government Petition

November 29th, a bit of rain, Shenzhen people gathered in front of the center of the more than 100 suppliers, holding the security - big eyes, but also my hard-earned money, the banner, especially eye-catching. The presence of a supplier of packaging devices, said they hope the city government to come forward, so that the general manager of the vision to Liu Jianshe is still owed to the payment of a supplier. This reporter has learned that Shenzhen big eyes optoelectronics Co., Ltd. (hereinafter referred to as the great vision) is one of the typical representative of the industry in the area of LED display. Insiders revealed that in 2011 the great vision of sales reached 300 million yuan, belonging to the larger LED display industry companies. That is, in January 2011, has always been good at mergers and acquisitions security technology (China) Co., Ltd. (hereinafter referred to as CSST) acquired a 70% stake in the big eyes. At that time, CSST shares, is directed at the concept of LED hot, I hope to be able to put a big vision into the company's overall package listing plan. A person familiar with the matter said that before the CSST stake, the horizon has actually been caught in a financial predicament. At that time, the company signed with the CSST is an agreement on gambling, but for the company, after all, life-saving straw. However, in the past two years, the domestic LED display industry increasingly fierce competition. In 2012 LED display industry price war, with the strength of large manufacturers hope that through some small and medium scale firms out of the price war. Has entered the integration of the LED display industry in the next few years will continue to show the situation of a hundred schools of thought contend. But by slowing growth, declining gross margin and other factors, LED display industry is difficult to have investment opportunities. The latest release of the display industry report shows that in 2012 the domestic LED display prices continue to decline, an increase of 15%-20%. At present, the main channel of the LED display manufacturer's gross margin has been reduced to 10% - 15%, the gross margin of the project channel is still more than 20%. At this point, the great vision of the "great leap forward" type of sales strategy, not only failed to play a "self-help" effect, but let the company deeper into the more serious financial difficulties. At present, a total of nearly 70 million suppliers in the field of nearly $100 in loans, including LED suppliers, logistics companies, computer stationery products and other suppliers. "The day of a suppliers to debt collection told reporters. Then, reporters rushed to the big circles photoelectric technology park learned recently, due to the supplier out of stock, the company also has been discontinued. In addition to a number of staff received from suppliers and customers, the general staff has not been working for several days. The reporter saw in the big vision photoelectric science and Technology Park, in addition to taking some engineering Dunning suppliers and expediting, vaguely several responsible for product delivery staff in the workshop, and the operations of several salesmen, basically can not see other employees in the company. Great vision business department staff told reporters that the company office staff scarce, because the company is currently downsizing. But when the specific layoffs, cut the number of personnel, the staff said he did not know.