Shenzhen Yuduoli Industrial Co., Ltd. has been experiencing rapid expansion of investment, causing a break in the capital chain. Chairman Mao Guofan and his relatives who work in the company have all disappeared recently.
The company was established in 2003 with a registered capital of 10 million yuan. Chairman Mao Guofan invested 1.6 million yuan. A shareholder named Mao Yuming contributed 5 million yuan. With continuous development, the company has also been rated as "China's Shenzhen industry (photoelectron) top 10 enterprises", "Shenzhen Quality Association director unit", "Guangdong Province lighting electrical energy products top ten enterprises", "Shenzhen LED industry joint Will be the executive vice president unit" and so on.
However, this well-known enterprise in the LED industry in Shenzhen left a loan of 30 million yuan in arrears from the construction bank Longhua Branch overnight, arrears of 17.28 million yuan from Sinochem Far East International Leasing Company, and arrears in the supplier’s registered amount. More than 12 million yuan, about 34 million yuan in arrears of guarantee companies, and some high-profit loans that have not yet surfaced, the boss disappeared, which inevitably led to speculation in the industry.
The insiders pointed out that the family management model led to the management being too concentrated, opaque and not open. The company’s operations were handled by Chairman Mao Guojun, and his wife Cui Lihua was responsible for finance and auditing. The middle and senior managers in the company were not aware of the company. Core business. Once there is a problem within the company, it is also handled by Mao Guozhen. Even after Mao Guozhen’s disappearance, some middle and senior managers of the company are still not fully aware of the reasons behind it.
At the same time, it also refers to the expansion of the company's anti-market expansion, investing 400 million yuan to build a Sichuan LED production base, which has caused its capital chain to break due to the poor efficiency of the base. Although the company tried to find a variety of solutions, it was eventually dragged down, causing the company's capital chain to break.
Some institutions believe that the operation of the multi-legged boss is not only caused by the above-mentioned reasons of the two aspects of the enterprise, but also related to the law of the development of the LED industry in mainland China.
Up to now, the LED industry in mainland China has ushered in the period of integration and development of the entire industry. In the process of shuffling this industry, it is an inevitable phenomenon that such enterprises “running the road†or even closing down. With the continuous integration of industry, there may be a wide range of bankruptcies and mergers and acquisitions in mainland China, especially in some LED-intensive areas. However, after the integration, the LED industry is supported by relevant policies of the mainland government. Will re-develop, LED companies will be similar to the world LED manufacturers development experience, and gradually enter a new era of brand competition. By then, many emerging and well-known brands will emerge in China.
The company was established in 2003 with a registered capital of 10 million yuan. Chairman Mao Guofan invested 1.6 million yuan. A shareholder named Mao Yuming contributed 5 million yuan. With continuous development, the company has also been rated as "China's Shenzhen industry (photoelectron) top 10 enterprises", "Shenzhen Quality Association director unit", "Guangdong Province lighting electrical energy products top ten enterprises", "Shenzhen LED industry joint Will be the executive vice president unit" and so on.
However, this well-known enterprise in the LED industry in Shenzhen left a loan of 30 million yuan in arrears from the construction bank Longhua Branch overnight, arrears of 17.28 million yuan from Sinochem Far East International Leasing Company, and arrears in the supplier’s registered amount. More than 12 million yuan, about 34 million yuan in arrears of guarantee companies, and some high-profit loans that have not yet surfaced, the boss disappeared, which inevitably led to speculation in the industry.
The insiders pointed out that the family management model led to the management being too concentrated, opaque and not open. The company’s operations were handled by Chairman Mao Guojun, and his wife Cui Lihua was responsible for finance and auditing. The middle and senior managers in the company were not aware of the company. Core business. Once there is a problem within the company, it is also handled by Mao Guozhen. Even after Mao Guozhen’s disappearance, some middle and senior managers of the company are still not fully aware of the reasons behind it.
At the same time, it also refers to the expansion of the company's anti-market expansion, investing 400 million yuan to build a Sichuan LED production base, which has caused its capital chain to break due to the poor efficiency of the base. Although the company tried to find a variety of solutions, it was eventually dragged down, causing the company's capital chain to break.
Some institutions believe that the operation of the multi-legged boss is not only caused by the above-mentioned reasons of the two aspects of the enterprise, but also related to the law of the development of the LED industry in mainland China.
Up to now, the LED industry in mainland China has ushered in the period of integration and development of the entire industry. In the process of shuffling this industry, it is an inevitable phenomenon that such enterprises “running the road†or even closing down. With the continuous integration of industry, there may be a wide range of bankruptcies and mergers and acquisitions in mainland China, especially in some LED-intensive areas. However, after the integration, the LED industry is supported by relevant policies of the mainland government. Will re-develop, LED companies will be similar to the world LED manufacturers development experience, and gradually enter a new era of brand competition. By then, many emerging and well-known brands will emerge in China.
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