One year after Shenzhen Jun Duoli's boss “run the road”, another Shenzhen-based company with a hundred million LED display screen shut down and stopped production! The reporter was informed yesterday that Shenzhen Haobo Optoelectronics Co., Ltd., the main LED display, was closed due to arrears of huge supplier payments and employee salaries and commissions. This is another RMB 100 million LED company that closed its doors in Shenzhen after Jun Duoli, Brent Optoelectronics, and Vision Optoelectronics this year.

Yesterday, the reporter contacted Gao Yingnan, a salesman who had just left Haobo Optoelectronics. According to its introduction, Haobo Optoelectronics owed a supply of between 20 million yuan and 30 million yuan, and at the same time owed employees wages and business commissions of about 2.5 million yuan. Recently, Haobo employees have gathered several times to seek compensation from Chairman Zhao Hui, but so far the salary and commission of Haobo salesmen have not been paid, and Zhao Hui's mobile phone is also in a shutdown state. Yesterday, Gao Yingnan confirmed to reporters that the company has been suspended due to the company's inability to pay the above amounts. Gao Yingnan said: "It can be said that it has closed down."

Haobo Optoelectronics is mainly engaged in LED display screens, and also concurrently operates LED lighting business. The turnover was about 200 million last year, and the sales target set this year is 500 million. It is understood that in the first half of the year, it was just named "Shenzhen Famous Brand". Gao Yingnan said: "Haobo's failure is not because of poor sales, but because of internal management confusion and decision-making mistakes." According to its introduction, even in this year's market environment, Haobo's sales are still good. However, due to chaotic financial management, the phenomenon of arrears to suppliers is serious. On the other hand, Haobo has invested 10 million yuan this year to turn to LED lighting, but basically it is "sinking into the sea" and "have not got a project." At the same time, Haobo also wasted a lot of funds on other projects and did not receive the expected results. Eventually, due to the breakdown of the capital chain, it is difficult for employees to pay wages.

The reporter learned that when Jun Duoli collapsed last year, Long Yang, general manager of Haobo Optoelectronics, once interviewed by reporters that the company's overall revenue is still rising and expressed optimism about the future. Unexpectedly, just one year later, the fate of bankruptcy came to Haobo's head. In an interview with reporters yesterday, Zhang Xiaofei, director of the LED Industry Research Institute of Gaogong, said that the upstream capacity of the LED industry is surplus, and chip manufacturers are not hesitating to extend the account period for shipments. The LED display industry itself is extremely fiercely competitive, with low gross profit margins. Blind investment, eventually led to a break in its capital chain. He believes that, relative to LED lighting, the more mature LED display industry will be the first to start a wave of reshuffle.


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