Dong Mingzhu repairer costs surge | Yinlong arrears or over 1.2 billion

Recently, Zhuhai Silver Dragon was exposed by the media owed suppliers at least 1.2 billion payment for goods and was sued.And this complaint, not only opened a financial corner of Zhuhai Silon, at the same time, so that Silong in the next days Have to burn under the spotlight.

January 17, Zhuhai think insiders to the "Securities Daily" told reporters that at present Zhuhai Silver Dragon owed its purchase price of 76 million yuan, of which more than 1700 million are taking legal proceedings.

Another is not willing to be named by the arrears supplier to the "Securities Daily" told reporters that 1.2 billion in arrears is only the total amount of the six suppliers so far known. 'Zhuhai Silver Dragon subordinate suppliers, it is estimated The actual accumulation of silver arrogance will be more.

The above-mentioned people also said that Zhuhai think Qi 76 million in arrears in the suppliers is not much, many small companies to discuss unsuccessfully, unable to maintain will choose to stand up and litigation for Silver Long, it is necessary to guard Of the red line.At present, many suppliers are waiting to see 'If you still think of money, Silver Long do not want to feel at ease the New Year.'

On January 17, Gree Vice President and Secretary of the Board Wang Jingdong came to rescue.He said that there was no delay in the payment of the goods by Gree Electric Appliances, and this incident will not affect the cooperation between Silon and Gree. This is because Dispute caused by product quality acceptance failed.

Shu Lei, deputy general manager of Zhuhai think Qi in an interview with "Securities Daily" said that as many suppliers still have business with Silver Dragon, 'they are not a last resort, will not go to this step of appeal.'

In response, Zhuhai Silver Dragon has given the opposite statement, Zhuhai Silveredon on January 16 issued a lawyer's letter that there is a serious quality problems Siqi products and lack of after-sales service, is the silvery company refuses to pay thought The root cause of part of the purchase price of the company, 'Silverson fully capable to deal with the problem of malicious default arrears.'

17 million yuan debt dispute over

Data show that Zhuhai Si Qi was established in early 2014, is a research and development to produce and sell liquid-cooled electric vehicle charging equipment, energy storage equipment, providing a full set of charging station solutions for high-tech enterprises in the company's official website, it is still marked that it is Silver Lung Group and Gree's important partner.

Shu Lei, deputy general manager of Zhuhai think Qi told the "Securities Daily" reporter, in 2016, Zhuhai Silver Dragon is the company's largest customer, its orders accounted for 60% of its revenue, but from April 2017 onwards, as Zhuhai silver Long-outstanding arrears surge, the company suspended its cooperation.

According to bundle Lei introduction, in February last year, Silversmith will gradually no longer give suppliers to pay.From February to June, Silver Dragon hopes to be able to extend the payment deadline on the grounds of tight funds.But in July, Bu Leimin Feel strange. 'Silver Dragon is always the reputation of the post-sale and affect the quality of the company issued a ticket, the cumulative down a month to reach 200 million - 300 million.' Bu Lei said that since then, part of the arrears Of the supplier representatives formed a micro channel group, exchange information to understand the situation.

In the case of multiple unsuccessful requests, in September 2017, Siqi chose to be brought to court, the orders involved in the litigation is Zhuhai Silo to Zhuhai Silos supply 11 sets of storage vehicles, the total contract amount of about For 30 million yuan, Si Qi asked Silver Long Electric to pay the remaining 17,752,000 yuan payment and liquidated damages, and asked Yinlong New Energy Company to assume joint and several liability.

December 15, 2017, the first instance verdict was issued, the verdict requires Silverstone within seven days from the effective date of the verdict to the plaintiff Zhuhai think Qi Qi to pay 17,752,000 yuan and liquidated damages, Zhuhai Silverson to assume supplementary liability.

Shulei said that the current arrears of 76 million yuan of payment only 17 million yuan in the litigation process, the remaining more than 50 million yuan is neither controversial, there is a report of acceptance. 'At present, Silver is not controversial 17 million yuan Do not pay, is not even controversial more than 50 million also not to be, and in the name of quality problems confused, it is anger.

"The shortfall of more than 50 million yuan is the shortest of more than eight months and the longest is one year and four months." Lei Lei said: At present, the factory production has stopped. The wages of workers in December last year were now only owed No hair.

In response, Zhuhai Silver Long relevant responsible person said that because of Zhuhai think Qi product quality problems, the company did not pay their purchase price. 'At present the matter has been in the judicial process, after the first instance we have filed a second instance, the need to wait until the second instance, Only one result can be executed.

The supplier said that it owed or over 1.2 billion yuan

It is understood that the production of Zhuhai Silver Dragon electric vehicles mainly lithium titanate batteries and lithium iron phosphate batteries, because they do not produce silver-ion lithium iron phosphate batteries, so the battery parts are outsourced. At present, Beijing Guoneng, Guangzhou Peng Hui, Shenzhen Watermar is its main supplier of lithium iron phosphate battery, and several companies there are also arrears of payment, the amount of arrears from tens of millions to hundreds of millions of dollars.

In addition, such as Zhuhai Siqi the same upstream and downstream battery industry suppliers, there are also many companies that have arrears, the amount ranging from accordingly, there is anonymous supplier said to reporters, "silver overdue arrears of payment Far more than 1.2 billion yuan, may reach billions of dollars.

In response, the responsible person of Zhuhai Silverson said that 1.2 billion yuan of accounts payable is normal for Zhuhai Silverside such a mass enterprise. All the payments of the silo are arranged in an orderly manner, and at the same time, it is fully capable of coping with the situation.

Silver Long, vice president of new energy sources, said Li Zhi also vice president, due to the current number of industrial parks are also under construction, and the replenishment funds have not yet accounted for, Yinlong 2017 indeed make ends meet, the total funding gap of about 40 billion yuan But at the same time, Li Zhi said there are billions of bank deposits in Silver Dragon, among which there are over a billion yuan of self-owned funds that can be used at any time. There is no problem in the company's capital chain.

Rapid expansion led to a substantial increase in costs

It is worth mentioning that, since the long-term investment in Silverstone Dongming Pearl more than a year, the rapid expansion of the scale of Silky.According to the "Securities Daily" reporter statistics, since December 2016, Silversky and Chengdu, Lanzhou, Tianjin, Nanjing , Panzhihua, Zhuhai, Luoyang and many other places to start construction of new energy industry base and industrial park, a total investment of up to 70 billion yuan.

Some people close to Silong told reporters that in early 2017, Yinlong internal energy is very full, the company is in a period of rapid expansion, the entire first half busy stocking, but in the second half, but encountered a small order of the dilemma, so that the direct stop Lost production

In fact, the impact of subsidy policy on the sales of electric passenger cars did indeed experience a cliff-like decline in early 2017. However, Silver Long still set a target of more than 30,000 units to be sold in 2017 in the context of a substantial slowdown in market growth. , Silver Dragon sales orders in 2017 was only more than 6,000 vehicles, far from the goal set.

In addition, the reporter noted that in late 2014, late 2015 and the end of June 2016, Zhuhai Silversmith's account receivables book balance rose rapidly, respectively 300 million yuan, 3.18 billion yuan and 4.77 billion yuan, the proportion of the current operating income Respectively 86.60%, 82.35% and 192.10%.

In response, the Company explained that the rapid growth of the balance of accounts receivable is due to the payment and settlement of new energy vehicles subsidies led to the existence of certain accounts receivable, and the progress of the state subsidies issued in 2016 delayed the progress of the repayment; Second, the downstream customers Mainly for the background of local state-owned assets and local financial support of bus companies, credit is better, but the approval and a longer billing period.

2016 GoodChinaBrand | ICP: 12011751 | China Exports