A total of the Communist Youth League race dragon life and death road: bank leasing 30 million lead chain reaction

Every reporter in Yao Feng Ye Xiaodan edited by Chen Junjie

The establishment of 7 years of the Communist Youth League Cylon Communication Technology Co., Ltd. has never been so well known today.On October 30, the media reported that the Communist Youth League Cylon because of the local government forced intervention caused by the collapse of the storm continued fermentation.

(31), "Daily Economic News" reporter rushed to the location of the Communist Youth League, in-depth interviews with the relevant departments of the Communist Youth League, trying to cross the city, Restore the business channel of the Communist Youth League.

Former star business

September 29, 2010, including the Communist Youth League, including the 19 key projects in the Communist Youth League started.

'A total of the city of the city of the dragon is the celebration of the city's business, attended the ceremony, the company's head is a guest.' A year to participate in the start ceremony of the Communist Youth League government staff told reporters.

Yesterday (October 31) morning, "Daily Economic News" reporter came to the Communist Youth League High-tech Zone, a total of Qingcheng Xuelong location, see some of the scene is that the company inside and outside the door are covered with weeds, Security kiosks are also people to kiosk, electric doors can be free to open, the publicity column has been dilapidated. Compared with the original situation is quite different.

At the scene, a Gongqingcheng government staff feeling, then there have been a glorious history, the peak of the staff as many as 3,000 people, one of his relatives in the field that is heard that home has such a large mobile phone Production enterprises, decided to go home to work here. 'At that time to open the 4000 yuan of wages, in the Communist Youth League is pretty good.

According to a person of the Communist Youth League Propaganda Department, Gongqing City in the high-tech zone to build mobile phone park, in fact, is around the Communist Youth League dragon up and down to build a complete industrial chain, a total of Qingcheng Xuelong is undoubtedly in A central location.

Gongqingcheng Municipal Party Committee Propaganda Department of the microblogging Gongqing City, Jiujiang City released said that after the audit, the AQSIQ Dragon formally put into operation in September 2010, in 2010 the main business income of 354 million yuan, net profit of 7,000 million yuan; The main business income of 1.088 billion yuan, net profit of 19 million yuan; in 2012 the main business income 2.018 billion yuan, net profit of 68 million yuan.

However, the good news is not long, the AQ Dragon only spent two years of good time and experienced problems in 2013. The relatives of the KCW government officials had to go out after doing two years find a job.

Order lost material into 'waste'

Public information shows that the parent company of AQLonglong Communication Technology (Shenzhen) Co., Ltd. is a mobile phone development company (hereinafter referred to as Shenzhen Sailong) to ODM for overseas and domestic mobile phone brands to provide research and development and production programs The client list includes brands such as Motorola, Huawei, Xiaomi, TCL and Sharp.

It is understood that Shenzhen Sailong began contracting Motorola in 2009 one-third of the world's mobile phone design, development, product definition, manufacturing and production of the entire process, the company will Motorola's business, all brought to Komsomol, established in Komsomol A production line, established a considerable scale of mobile phone production base.

One of the prerequisites for building an ultra-large-scale mobile phone production base is the need to have enough mobile phone orders before we can make full use of the factory's capacity .In the Internet there are data, The ability to take orders is not particularly strong, especially holding one-third of Motorola's orders worldwide.

According to Zhan Zheng, former vice mayor of Gongqing City, the ability to take small orders on behalf of small orders is indeed powerful. However, this powerful product is based on the principle of low price, short cycle and high default liquidity. Orders are basically losing money.

Gongqing city government officials to the "Daily Economic News" reporter said that the beginning of the establishment of the Communist Youth League two years, production and operation are basically normal, but by the second half of 2012, the company in the capital chain is very Tight.

The official to reporters to provide a "Gongqing City People's Government Government Office copy copy" (2012 No. 62) shows that the Communist Youth League in the September 9, 2011 in the form of entrusted loans to the Communist Youth League Industrial New District Development Co., Ltd. borrowed 50 million yuan for the production of working capital, agreed on September 8, 2012 due to return the principal and interest. Gongqingcheng Xilong current production and sales scale of the rapid growth, resulting in tight liquidity, to the Communist Youth City government extension also The city government after the study decided to agree to the Communist Youth League Xialong company delayed 6 months repayment.

In the delay of 6 months later, the Communist Youth League again to the Communist Youth City government to apply for the company due to tightening of liquidity payments, Gongqing City in order to help the Communist Youth League to overcome the shortage of funds to ensure the normal production, once again agreed A total of six months of repayment.

Despite the help of the government, but the Communist Youth League is still inevitably encountered a huge problem, that is, the loss of orders on hand, the fuse is the acquisition of Motorola triggered by Google.

Gongqing city government officials told reporters that after the loss of Motorola's orders, the Communist Youth League Long warehouse also backlog of 300 million yuan worth of materials, these materials, and later has been pushed in the warehouse, until now, but also quietly Stay there, into a pile of waste.

Bank lending cited chain reaction

According to the previous report on the collapse of the Communist Youth League, "October 2013, a total of Qingcheng financial institutions to Xialong company orders for the reasons for the sudden tightening of the mortgage, a total of less 'Sai Long Department of the company' 500 million yuan loan . '

In this regard, a local government officials told reporters, it is understood that Motorola was ready to put 10 billion yuan output value to the dragon, so when the small right is a hundred times the confidence to build a new plant, and with the acquisition of Motorola News came on behalf of the rights of all the rhythm was disrupted, the bank also heard the news on the issue of loans, the beginning is due to a total of 30 million yuan a total of 30 million bank loans expired, need to bridge funds. At that time the bank promised to continue to lend through the bridge funds to the Communist Youth League, the Communist Youth League was to find a financial intermediary high interest borrowed 30 million yuan, the results of the loan after the bank tightened the credit, and did not continue to loan To the dragon, the other bank that the matter, causing a chain reaction, tighten the loan.

In this way, the dominoes of the dominoes were torn down, and the 'scerer' company, which is the main business of the product foundry and export, was quickly in trouble. 'The' Identity, he said, 'the government of the Communist Youth League to invest so much money into the lottery, so what is the meaning of the money? If that is the place to engage in this business, then the local, neither The result is that the economy has been damaged, and it is logically unreasonable, and the fact that the business is out of its own problem is that the government can not save it.

On the reorganization of the Communist Youth League, the officials explained that 'a big reason is that in the reorganization process, on behalf of the small power requirements of the government's debt into equity, the government was in the Communist Youth League There are hundreds of millions of dollars of debt, but if the local government to the Communist Youth League 赛 Long creditor's rights into equity, once the reorganization of the Communist Youth League before the development of the dragon is not good, the government had held hundreds of millions of dollars creditor's rights. '

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