Passing Hisense to take over the channels under the Jinli mobile phone line, and another company to prepare for bad debts

Set Micronet April 4 General Report

At the end of last year, the outbreak of the debt crisis Jinli mobile phone, although there have been recent reports that Jinli mobile phone has been talking about financing options. However, from all parties to see the company's fate is still confusing.

According to the latest report of the interface news, Jinli Mobile’s multiple offline channels are being taken over by Hisense. According to sources, at present, Hisense mobile phones have already begun to take over Jinli’s sales channels in the southwest region. Many of the original Jinli mobile agents switched to Hisense collectively.

In addition, a circle of friends circulating on the Internet shows that Chongqing Hisense Mobile has started cooperation with Chongqing Ben-Ling Communication Equipment Co., Ltd. Public information shows that Chongqing Ben-Li was established in February 2003 and is the only sales agent for Jinli mobile phones in Chongqing. In 2008, Chongqing Ben-Li's sales reached 80 million yuan.

Otherwise, Jinli Mobile’s offline channel in Yunnan was also taken over by Hisense Mobile. Yunnan Jinli was established in March 2007 and is a branch under the agency model. Yunnan Jinli is the sole distributor of Jinli Group in Yunnan. Implementation of the Jinli Group's policies. The data for 2016 shows that Yunnan Jinli has 6,405 companies, more than 5,000 shopping guides, and 36 customer service centers.

There is also a microblogging message from the user on the interface. It is useless to deny it. The entire Henan region has been taken over.

Earlier, there was news that Hisense Group wanted to expand the mobile phone business through the acquisition of Jinli mobile phones, especially the channel resources of Jinli mobile phones. However, Jinli mobile phone official subsequently denied.

On March 29, a number of domestic media reported that the Jinli Dongguan factory had started to dismiss its employees and requested to complete the negotiation and termination of the labor contract by the end of April this year. The report also stated that Jinli has confirmed the news. An informed person. It is stated that after the employees of Jinli Industrial Park are disbanded, the company's operating style will also undergo a tremendous change. Jinli will later produce mobile phones in the form of ODMs, the brand will remain, but will not produce their own mobile phones.

Photo: Sand View of Dongguan Jinli Industrial Park

Looked out, a variety of measures are currently underway to resolve the debt crisis, but it seems to have had little success. Jin Li’s arrears on suppliers’ payments continue to ferment.

In addition to Ophi Technology, Shenzhen Tianma A and other listed companies, Jin Hua Li, which intends to withdraw provision for bad debts, Shenzhen Huaqiang, which recently disclosed the 2017 annual report, also made provision for impairment losses on Jinli’s accounts receivable of 64,422,800 yuan. Affected by this, Shenzhen Huaqiang’s net profit attributable to shareholders of listed companies decreased by 3.19% year-on-year in 2017.

Jin Li has not revealed how much funding gap exists. However, according to media reports, Jinli has owed more than 10 billion yuan of debt in total, including 8.6 billion yuan in arrears to the bank, which owed suppliers nearly 4 billion yuan.

2016 GoodChinaBrand | ICP: 12011751 | China Exports