Gold has no repayment plan to UFIDA for a short time
February 7, Ophelia announced the exchange of inquiry letter on the announcement that since the establishment of financial problems and led to the company's accounts receivable overdue, the company met with the gold repeatedly meeting to actively collect accounts receivable , But Jinli has been unable to arrange payment, and claimed that the company has no repayment plan in the short term.
In view of this, Ofeid Technologies has stopped supplying the company and taken property preservation measures against gold receivables, including:
(1) To seal up the equity interests in Jinzhong Bank and Nan Yue Bank and the equity interests in Shenzhen Jinli Telecommunications Equipment Co., Ltd. held by Liu Lirong;
(2) the first seal of more than 30 Jin Li trademark;
(3) waiting for the seizure of Jinli part of the property and industrial park land;
(4) Seize the shares and real estate of several companies under Liu Lirong himself and his spouse.
Liu Li Rong, chairman of Jin Li, was also candid when interviewed by the media. Jin Li did have a crisis in the capital chain. As a result, it became difficult to turn around the payment of money and was applied for asset preservation by the supplier after the payment of the money owed.
However, Liu Liru Ofeid technology to stop the delivery of a clear attitude of dissatisfaction with the company, adding that the debt of the Ofeid technology temporarily untreated .Liu Lirong said in an interview that 'the entire capital chain crisis, only the Offei Technology Important suppliers to stop the supply, affected by December 2017 and January this year, the withdrawal of goods dropped significantly larger, orfe Technology for 45 days affected at least 3 billion yuan loan back, orfe technology also apply for me and me Personal assets under the name of his wife.
According to Orfei technology revealed that Jin due to the tension of the capital chain, resulting in the company receivables over 600 million yuan gold overdue for more than two months, out of caution to stop the supply, while the company revenue in 2017 dollars Mention bad debt loss of 300000000 yuan.On January 31, Opry disclosed the "2017 annual results notice amendment notice" precisely because of gold receivables are not in place.
Ophelia said that the general manager of the meeting discussed the company, the company believes that the accounts receivable can be fully recovered Jin Li existence of greater uncertainty; taking into account unless Jinli filed for bankruptcy reorganization of the extreme, the company applied for preservation The value of the property market can cover the Company's accounts receivable, so the risk of bad debts accrued in the accounts receivable of the gold company can be controlled within 50%, provided the bad debts of 300 million yuan.
Affected suppliers also have letters and communications
Throughout the cycle, orfe Technology is a camera, touch, fingerprint identification module suppliers, which has been a supplier of Jin Li. 2017 Ofent technology on the Golden State supply accounted for the proportion of its revenue?
Orfe Science said that in the first three quarters of 2017, Jinli's contribution to the company's revenue accounted for less than 4% of the company's total operating income.
According to Orfei Technology released third quarter 2017 revenue report shows that from January to September 2017, the company revenue 24.457 billion yuan; net profit of 10.22 billion yuan, of which 4% of the revenue accounted for 978 million yuan That is to say, in the first three quarters of 2017, Jinli did not receive 978 million yuan in revenue from Omni Technology.
According to Orfei Technology revealed that since November 2017, Orfei Technology has stopped the delivery of the company, the company is expected to Jinli's revenue in 2017 will further reduce the proportion of revenue.
Orfe Science and Technology said that as the United States and Europe for the first-line smart phone manufacturers at home and abroad suppliers, and the relative dispersion of customer structure, Jin Li incident on the actual business impact is not large, while benefiting dual camera module market share and penetration rate accelerated The first quarter of the company's business is not short off-season, the current production and operation of all normal.
In contrast, Vitaly's battery supplier Vico Essence is not so lucky. January 26, Vico essence release announcement, as a subsidiary of Veken Battery's first customer Jin owed receivables 84,099,900 yuan, The company may be implemented delisting risk warning.
According to the Veken Elite Bulletin said that Veken 2017 annual estimated net profit of about 59970000 yuan, but due to Veken battery was gold delinquent owed 8409.99 million yuan receivables, if ultimately unable to recover, the maximum may result in Vco batteries A loss of 24.13 million yuan because Vico essence of the loss occurred in 2016, if this year continues to loss, Vico essence stocks will be 'wearing a hat.'
In addition, it has been disclosed that there are still deep pheasants affected by the affected suppliers.Petitian Ma recently said in a statement that the Company individually provided for bad debts of approximately RMB 176 million (unaudited) on impairment testing of major single orders, mainly Because individual customers failed to fulfill the payment obligation according to the payment date agreed with the company, Shen Tian Ma has always been the supplier of the Jin Li display, and the individual customer is regarded as Jin Li in the industry.
In fact, cell phone manufacturers and supply chain manufacturers tend to lose one glory and glory, the whole machine involves many aspects of the suppliers are far more than the above.Once there is a part of the funding chain problems, often lead to a chain reaction.
According to industry sources, in addition to the above few, the financial crisis also affect the gold chain its antenna supplier letter communications and battery providers Yan Wanda, metal shell supplier Oriental Bright is also In addition, the Jin phone Core suppliers also include touch IC manufacturers Dun Tai, electro-acoustic device manufacturers AAC technology, chip suppliers MediaTek, camera manufacturers Shun Lee / Sunny and so on.
Fortunately, even in this crisis, Jin Li's current production and sales are in the normal state, the internal stability .Li Lirong said the company is doing the sale of assets, while debt production, the company is looking for ways to sell assets Through this crisis, perhaps, for Jin Li, the spring after the winter is in the coming year.