Following the collapse of a liquid crystal display module and fitting production enterprise in Shenzhen in early August, on August 25th, another LCD company in Shenzhen, Shenzhen Addis Electronic Technology Co., Ltd. (hereinafter referred to as Addis) announced the suspension of production. It is understood that Samsung is one of the company's main customers. "Daily Economic News" reporter learned from a number of employees at Addis, Eddis has already owed employees several months of wages, and employees are still in production on August 19. At the same time, industrial and commercial information shows that Eddis had previously mortgaged his own equipment several times and suspected that the funds were broken.
The financial issue has been haunting for a long time
Edis's public information is extremely scarce. The industrial and commercial information shows that the company's registered capital is 28.8 million US dollars. It is a Taiwan-Hong Kong-Macao legal person-owned enterprise.
According to the information publicized by the recruitment website, the main business scope of EDIS is LCD (liquid crystal display), LCM (liquid crystal display module) and FPCB SMT. It is a technology company that focuses on the export of products. Currently, the company's equipment and manufacturing technologies are The international industry is in a leading position, and its production technology is certified by major customers Samsung Electronics, Motorola and Nokia.
Daily economic news reporter learned from a number of Addis employees that they had early preparations for the company to come to this point. Since June this year, the company has been unable to pay employees, but the corresponding orders and production However, they have not been reduced. They have also been working in the company normally, and they are still in production on August 19.
For the suspension of production, many employees have expressed no knowledge. However, an article published by the Federation of Industry and Commerce in Pingshan New District in September 2015 showed that the termination of production of Edtis was suspected to be related to the turnover of funds, and the related operations have deteriorated for a long time.
In September 2015, Lei Weihua, a member of the Party Working Committee of the Pingshan New District and deputy director of the Administrative Committee led a team to investigate Editis. At the time, Mr. Jin Xizhe, the head of Addis, revealed that the company is currently in a leading position in the same industry in Korea, and has long-term cooperation with many well-known companies such as Samsung Electronics and BOE.
However, due to the recent impact of the macroeconomic situation, the overall decline in the benefits of the electronic information industry, the company's cash flow in the first half of the difficulties, but through the adjustment of product structure, eliminate backward production capacity, strengthen internal management and other measures to promote the production and management situation The improvement has enabled the company to survive the most difficult period.†Jin Xizhe hopes Pingshan New District will further strengthen its support for enterprises and create a more excellent development environment for the company.
Another corroboration of the problem in the Edison capital chain is that Eddis had previously mortgaged the plant equipment several times. According to business and industry information, during the period from May 14, 2014 to November 14, 2014, EDIS mortgaged dozens of equipment such as fully automatic solder paste printers to the Korean Industrial Bank at a price of 2 million yuan. Branches; and from July 18, 2016 to August 30, 2016, EDIS mortgaged an automatic polarizer attachment machine to Dongguan Chenghong Static Control Products Co., Ltd. for a price of RMB 1.94 million.
Strive to send arrears before September 5
Currently, employees of Addis are applying for a resignation certificate, so that they can get compensation and get back the arrears. The Daily Economics reporter saw from the dismissal certificate issued by Edtis for employees that the employee entered the company in March 2015 as the company's BOE production department employee position, and on August 20, 2016, the company’s office was established with the company. If the related formalities for dismissal are properly completed, the labor contractual relationship between the company and the company is automatically terminated (not terminated if you wish).
On August 24th, Edtis admitted that he owes his employees wages. The announcement issued on that day showed that due to the company’s operational difficulties, the employees’ salary was not paid in June 2016, July, and August 2016. Eddis intends to deal with the company's equipment as soon as possible and recover the money to pay employees.
Editis stated that no production has been re-arranged since August 20th, 2016. The company will no longer arrange production before the employee's salary is paid; employees can arrange for re-employment before the re-organization of production at the announced time without confirmation. Would recommend the factory).
As for the issue of the time for the payment of employees' salaries, Edith said that the company, together with the staff representatives, will handle the company’s equipment to pay employees’ wages and financial compensation as soon as possible, and strives to complete the arrears of wages and compensation before September 5, 2016.
In the notice, Edith also stated that it would promptly recall the customer’s payment: On August 25th, Yuguang planned to pay 450,000 yuan, BOE’s 1 million yuan. On September 5, BOE will also plan to pay 2.3 million yuan; after the payment is withdrawn, It will be used first to pay employees' wages and compensation.
However, in the announcement issued by Editis, there was no intention to close the doors. “According to the current actual situation, it will take time for the company to reorganize production. Since August 25, 2016, the company has retained a small number of employees to work. The retained employees are responsible for the safety of the company's fixed assets, handling certain equipment, and organizing the restoration of production."
The daily economic news reporter called Addis in an attempt to find out the person responsible for the situation. However, his staff member suspended the phone on the grounds of inconvenience.
The reporter noted that LCD companies in the Pearl River Delta region have often stopped production in recent years, and Editis is not alone. In 2015, Dongguan Puguang Liquid Crystal Display Co., Ltd. (hereinafter referred to as Dongguan Puguang), which had business cooperation with Samsung Group, stopped production due to reduced orders, causing widespread concern from the outside world. However, at that time, relevant persons of Samsung Group stated that Dongguan Puguang's suspension of production was its own reason and had nothing to do with Samsung.
"Quark display" analysis of this: "Samsung's multiple LCD suppliers have been closed down, while the new OLED screen in full swing, has a great opportunity to replace the LCD. At the same time, many institutions, companies that the traditional LCD LCD If the factory is not transformed and upgraded, shuffling is a normal thing."
“Overall, because the environment is not good, this industry is in a recession period.†Zhang Bing, research director of IHS Displaysearch, believes that “the liquid crystal display industry will produce a collapse, mainly to see the survival of the fittest. When the industry declines, Certainly, some companies will be eliminated and competitive will survive."
At present, it is not optimistic for the entire LCD industry. On the one hand, in terms of small size such as mobile phone screens, Apple may use OLED screens next year, which is expected to drive the entire display industry to OLED screens. In terms of large-size TVs, South Korean company LG is also promoting OLEDs globally.
Smart TV/box information can focus on smart TV information network sofa butler (http://), China's influential TV box and smart TV website, providing information, communication, TV boxes, smart TVs, smart TV software, etc. Answering questions.
The financial issue has been haunting for a long time
Edis's public information is extremely scarce. The industrial and commercial information shows that the company's registered capital is 28.8 million US dollars. It is a Taiwan-Hong Kong-Macao legal person-owned enterprise.
According to the information publicized by the recruitment website, the main business scope of EDIS is LCD (liquid crystal display), LCM (liquid crystal display module) and FPCB SMT. It is a technology company that focuses on the export of products. Currently, the company's equipment and manufacturing technologies are The international industry is in a leading position, and its production technology is certified by major customers Samsung Electronics, Motorola and Nokia.
Daily economic news reporter learned from a number of Addis employees that they had early preparations for the company to come to this point. Since June this year, the company has been unable to pay employees, but the corresponding orders and production However, they have not been reduced. They have also been working in the company normally, and they are still in production on August 19.
For the suspension of production, many employees have expressed no knowledge. However, an article published by the Federation of Industry and Commerce in Pingshan New District in September 2015 showed that the termination of production of Edtis was suspected to be related to the turnover of funds, and the related operations have deteriorated for a long time.
In September 2015, Lei Weihua, a member of the Party Working Committee of the Pingshan New District and deputy director of the Administrative Committee led a team to investigate Editis. At the time, Mr. Jin Xizhe, the head of Addis, revealed that the company is currently in a leading position in the same industry in Korea, and has long-term cooperation with many well-known companies such as Samsung Electronics and BOE.
However, due to the recent impact of the macroeconomic situation, the overall decline in the benefits of the electronic information industry, the company's cash flow in the first half of the difficulties, but through the adjustment of product structure, eliminate backward production capacity, strengthen internal management and other measures to promote the production and management situation The improvement has enabled the company to survive the most difficult period.†Jin Xizhe hopes Pingshan New District will further strengthen its support for enterprises and create a more excellent development environment for the company.
Another corroboration of the problem in the Edison capital chain is that Eddis had previously mortgaged the plant equipment several times. According to business and industry information, during the period from May 14, 2014 to November 14, 2014, EDIS mortgaged dozens of equipment such as fully automatic solder paste printers to the Korean Industrial Bank at a price of 2 million yuan. Branches; and from July 18, 2016 to August 30, 2016, EDIS mortgaged an automatic polarizer attachment machine to Dongguan Chenghong Static Control Products Co., Ltd. for a price of RMB 1.94 million.
Currently, employees of Addis are applying for a resignation certificate, so that they can get compensation and get back the arrears. The Daily Economics reporter saw from the dismissal certificate issued by Edtis for employees that the employee entered the company in March 2015 as the company's BOE production department employee position, and on August 20, 2016, the company’s office was established with the company. If the related formalities for dismissal are properly completed, the labor contractual relationship between the company and the company is automatically terminated (not terminated if you wish).
On August 24th, Edtis admitted that he owes his employees wages. The announcement issued on that day showed that due to the company’s operational difficulties, the employees’ salary was not paid in June 2016, July, and August 2016. Eddis intends to deal with the company's equipment as soon as possible and recover the money to pay employees.
Editis stated that no production has been re-arranged since August 20th, 2016. The company will no longer arrange production before the employee's salary is paid; employees can arrange for re-employment before the re-organization of production at the announced time without confirmation. Would recommend the factory).
As for the issue of the time for the payment of employees' salaries, Edith said that the company, together with the staff representatives, will handle the company’s equipment to pay employees’ wages and financial compensation as soon as possible, and strives to complete the arrears of wages and compensation before September 5, 2016.
In the notice, Edith also stated that it would promptly recall the customer’s payment: On August 25th, Yuguang planned to pay 450,000 yuan, BOE’s 1 million yuan. On September 5, BOE will also plan to pay 2.3 million yuan; after the payment is withdrawn, It will be used first to pay employees' wages and compensation.
However, in the announcement issued by Editis, there was no intention to close the doors. “According to the current actual situation, it will take time for the company to reorganize production. Since August 25, 2016, the company has retained a small number of employees to work. The retained employees are responsible for the safety of the company's fixed assets, handling certain equipment, and organizing the restoration of production."
The daily economic news reporter called Addis in an attempt to find out the person responsible for the situation. However, his staff member suspended the phone on the grounds of inconvenience.
The reporter noted that LCD companies in the Pearl River Delta region have often stopped production in recent years, and Editis is not alone. In 2015, Dongguan Puguang Liquid Crystal Display Co., Ltd. (hereinafter referred to as Dongguan Puguang), which had business cooperation with Samsung Group, stopped production due to reduced orders, causing widespread concern from the outside world. However, at that time, relevant persons of Samsung Group stated that Dongguan Puguang's suspension of production was its own reason and had nothing to do with Samsung.
"Quark display" analysis of this: "Samsung's multiple LCD suppliers have been closed down, while the new OLED screen in full swing, has a great opportunity to replace the LCD. At the same time, many institutions, companies that the traditional LCD LCD If the factory is not transformed and upgraded, shuffling is a normal thing."
“Overall, because the environment is not good, this industry is in a recession period.†Zhang Bing, research director of IHS Displaysearch, believes that “the liquid crystal display industry will produce a collapse, mainly to see the survival of the fittest. When the industry declines, Certainly, some companies will be eliminated and competitive will survive."
At present, it is not optimistic for the entire LCD industry. On the one hand, in terms of small size such as mobile phone screens, Apple may use OLED screens next year, which is expected to drive the entire display industry to OLED screens. In terms of large-size TVs, South Korean company LG is also promoting OLEDs globally.
Smart TV/box information can focus on smart TV information network sofa butler (http://), China's influential TV box and smart TV website, providing information, communication, TV boxes, smart TVs, smart TV software, etc. Answering questions.
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