Silver Long arrears | Gree Department of management was approved do not understand the automotive industry

On January 18, a supplier who did not want to be named disclosed disclosed to "Securities Daily" reporter that due to the tremendous public opinion pressure due to arrears, Yinlong has taken the initiative to contact the suppliers Business, promised to implement part of the arrears by January 23, at the same time require suppliers are not free to receive media interviews.

At the same time, the above-mentioned people said that the so-called "settlement" only ends up with 10% -15% of the total arrears, and more money is still pressing.

Securities Daily reporter found that the management team of Yinlong has undergone many major adjustments since July 2017. With the appointment of Yin Yinchang, chairman of Yinlong, the vice president of core business of the company, However, the company's large-scale personnel adjustment has not been recognized by all stakeholders, some of which Silver Dragon suppliers will spearhead the new management, accusing them of copying the air-conditioning industry management suppliers approach, simply do not understand Automobile industry' .

In fact, Dong Mingzhu, who serves as Chairman and President of Gree Electric Appliances, is also the second largest shareholder of Zhuhai Silverson. In addition, Gree Electric Appliances Co., Ltd. previously signed an agreement of 20 billion yuan with Zhuhai Silverson to unilaterally entangle the three Together

Insiders said that in the home appliance industry does exist in the supply system, the phenomenon of the two press payments, but in the electric bus industry does not work: electric bus upstream lithium supplier oligopoly, the downstream bus company extremely strong, accompanied by state subsidies Disbursement of liquidation of the ultra-long ledger, eventually resulting in a common electric bus enterprise funding chain emergency.

Silver Long requires suppliers to seal

Commitment to pay 10% -15% of the purchase price

Recently, a supplier that did not want to be named disclosed to the "Securities Daily" reporter that due to pressure due to public pressure on the debt, Yinlong has recently been proactive contact with suppliers, promised to implement part of the debt by January 23. At the same time require suppliers are not free to accept media interviews.

It is worth mentioning that a number of suppliers said that in March 2016 Gree proposed the acquisition of Silver Long to the suspension of the acquisition in November 2016, there was basically no default on the payment of silver; and after the withdrawal of Gree at the end of 2016, Silver started Appear in the case of not timely payment.

However, with the inspiration from Dong Mingzhu's Empress of Manufacturing Employer, suppliers are still more confident or even more powerful in supply to Yinlong, however, with the increasing backlog of arrears, Yinlong owes a huge sum of money Eventually broke out.

Shu Lei, deputy general manager of Zhuhai think in an interview with "Securities Daily" said that the company was Zhuhai Silver Arbitrage owed a total of 76 million yuan, the maximum delay of more than a year has affected the factory's normal production. Zhuhai Silversmith to discuss the money to no avail, then Zhuhai Silverstar and Yinlong appliances to court.

According to bundle Lei introduction, the lawsuit is pointing to a contract for energy storage vehicles in 2016. In November 2016, Silver Dragon signed a contract with Zhuhai Siqi to purchase 11 energy storage tanks and semi-trailer with a contract value of 3007.43 Million.

'11 storage vehicles belonging to no national standards and industry standards charging equipment, mainly for the rapid temporary charging of new energy vehicles, after the two sides had similar transactions. 'Bu Lei said in 2016 Zhuhai Si Qi will store After the car was delivered to Yinlong in Zhuhai, Zhuhai Silverson resupplied the energy storage car to Beijing Bus. Afterwards, Zhuhai Silon proposed that the above 11 energy storage cars do not meet the requirements of experts in the field of fire extinguishing, remote monitoring, insulation, etc. Technical requirements, and then refused to pay the contract.

Judging from the aspect of Zhuhai Siqi, it is estimated that if the function required by the Yinlong Group is retrofitted, at least a few hundred thousand yuan should be raised for each energy storage vehicle evaluated by the industry; and most importantly, there is no suggestion made at the beginning of the contract of purchase and sales The corresponding requirements, so Zhuhai Si Qi naturally will not be installed.As of now, Zhuhai Si Qi in January 2017 to complete the delivery, Zhuhai Silver Dragon paid only 12,021,300 yuan, the remaining 17,752,100 yuan so far unpaid.

The former chairman of the resignation of high blood

New management was criticized 'do not understand the industry'

It is understood that since July 2017, there have been many major changes in the senior management team of Silver Dragon, and many former employees of GREE backgrounds took over the company's business.

According to informed sources, Dong Mingzhu began to gradually standardize corporate governance after the shares, management model is also toward the direction of advanced manufacturing.However, the management team's substantial adjustment does not seem to have been recognized by all stakeholders, including some silver Suppliers will spearhead the new management.

It is understood that there are a total of seven vice president of Zhuhai Silver Dragon, of which four have Gree employment experience, respectively, responsible for the procurement, finance, quality, production technology and other business.On the supplier to the Securities Daily reporter said that now is the Lung Lung Copy the way the air conditioning industry management suppliers to air conditioning quality inspection standards require bus suppliers.

According to the supplier, in the quality assurance agreement signed between Zhuhai Silverson and its suppliers, Silverstone asks for the qualified supplier of the goods to pre-pay the risk deposit of 100,000 to 500,000 yuan. At the same time, after the inspection and after-sales service The requirements are also almost harsh. 'In short, the money paid to the hands of silver, it will have a variety of reasons after the delivery of quality guarantee money. Dry suppliers over the years, including other bus companies are currently not included in the pre-delivery Quality margin. '

'Ultimately they do not understand the electric bus industry' The above suppliers said that unlike the air-conditioning industry, the passenger car industry, many different customer needs.Yinlong asked suppliers to sign a quality assurance agreement, chaos open ticket practice, on the one hand may Is to deduct money, but also do not understand the performance of the industry.

Shu Lei, deputy general manager of Zhuhai Si Qi also confirmed this point.He is in the "Securities Daily" reporter said, 'always long after the sale of silver and affect the quality reputation of the company issued a ticket, the cumulative down a month to reach 200 million Yuan - 300 million.

Harsh quality requirements coupled with a large number of pressed, let Yinlong reputation gradually disappeared in the suppliers. 'To the depot to do a long time, in fact, will talk about feelings, but silong so engage, everyone's face It has been torn. "Said the supplier.

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