LED industry into the "dark" or before entering dawn?

In the high-speed dissemination of information today, all kinds of negative rumors are undoubtedly terrible. However, once these rumors become a reality, it is even more terrible. At the beginning of October, many LED companies in Shenzhen had their bosses run the road, which caused great turmoil in the lighting industry in China. The LED industry once had an unprecedented glimpse of unprecedented challenges.

For this round of questions about the development prospects of LED wave, most people in the industry believe that the current winter of the LED industry will not be too long, the market can only be healthy through the "remaining weak." With the acceleration of the elimination of incandescent lamps throughout the country, the LED market will still usher in substantial growth.

"Star Industry" encountered "confidence crisis"

Problems such as overcapacity, reduced orders, falling profits, difficulties in business operations, and patent closures have come one after another and the crisis has gradually emerged.

Since the third quarter of 2011, due to the weak economy in Europe and the United States, domestic monetary tightening and other factors, the LED industry has experienced a "confidence crisis" before it suddenly fell from the "grandchildren" to "hot potato." Overcapacity news, such as excess capacity, reduced orders, falling profits, business difficulties, patent closures, etc., followed.

The crisis began to appear at this time and quickly spread. On October 8th, Mao Guozhen, Chairman of Shenzhen Duo Duoli Industrial Co., Ltd. (hereinafter referred to as “Chu Duo Li Corporation”) and his wife Cui Lihua and their relatives in the company all Missing. According to media reports, Duo Duoli Company owed a loan of 30 million yuan to China Construction Bank Longhua Branch, which owed RMB 17.28 million to Sinochem International Far Eastern International Leasing Co., Ltd., and owed suppliers more than RMB 12 million in registered money, and owed guarantee companies around RMB 33 million. There are even some usury loans that have not yet surfaced.

It is understood that Shenzhen has more than 1,300 LED companies, accounting for one-third of the country. Shenzhen City Lighting Industry Development Promotion Association Honorary President Wang Diantang interviewed by the media said that since the beginning of this year, Shenzhen has more than 80 LED companies bankruptcy or was liquidated, but because of the larger scale, Chairman Mao Guohao "running" It only made such a big storm.

The sudden collapse of the star enterprises brings with it a deep reflection of the outside world on the entire LED industry. For a time, all doubts and even doubts began to permeate the industry.

Shortly after the incident, on November 3rd, Shenzhen LED Industry Association was "forced" to hold a symposium to inform the operation of the Shenzhen LED industry in the first three quarters, and affirmed that "90% of LED companies suffered losses" and "Shenzhen 80 "The collapse of 100 LED companies" is false rumors.

According to the information released by the Federation, the LED industry in Shenzhen has been operating smoothly for the first three quarters. Although it declined in the third quarter, it rebounded in late October. It is expected that most of the companies will achieve growth and profitability throughout the year. Shenzhen LED industry The overall growth range is 25%-30%.