Zhongzhou Optoelectronics bankruptcy restructuring, why is it also attracted to buy?

On July 19, Zhejiang Zhongzhou Optoelectronics, a LED filament manufacturer with a monthly production capacity of 6 million, declared bankruptcy and 40 million sold to the new three-board company Lierda (832149). The two companies formally signed the agreement on July 18.

The package was not made, and the filament was changed. The filament was not working anymore. It was declared bankruptcy and reorganization, and 40 million sold! This is a life track left by the old LED company Zhongzhou Optoelectronics (founded in 2004).

I still remember that the Hong Kong exhibition writers once visited the Zhongzhou booth. I still remember that they still adhered to the sapphire process of filament packaging, focusing on high-end quality products, and now they are degraded, and the author is also embarrassed.

On July 19th, Lierda (832149), a listed company of Xinsanban, announced that it had signed the “Restructuring Investment Agreement” with the manager of Zhejiang Zhongzhou Optoelectronics Co., Ltd., and the company plans to acquire 40 million acquisitions in Zhejiang, which has entered the bankruptcy reorganization of the court. Zhou Optoelectronics Co., Ltd., Zhejiang Zhongzhou Optoelectronics Co., Ltd., a manufacturer of LED filament lamps with a monthly production capacity of 6 million, officially declared bankruptcy.

In the process of reviewing the official website of Zhongzhou Optoelectronics, Gaogong LED also found that the website has stopped updating, and the latest news is still in 2014.

According to the data, Zhongzhou Optoelectronics was established in 2004, started as a small packaging company, and gradually grew into one of the largest LED manufacturing companies in East China.

Previously, when focusing on the packaging industry, Zhongzhou Optoelectronics can also be described as a number of honors. In 2008, the key technology research of high-efficiency ampere-level white LED industrialization was selected into the National 863 Program. In 2011, the company's ZL-SSL-SL05 high reliability road The integrated LED light source integrated module is listed as a national key product.

Subsequently, around 2013, Zhongzhou Optoelectronics, which has been committed to LED packaging, began to focus on a series of filament-type LED products.

“Zhongzhou Optoelectronics has made great progress in the transformation from the original packaging field to the downstream LED lighting. Recently, it has vigorously promoted and expanded the LED filament products, or its opening game in 2014 to strive to advance into the LED lighting market.” Previously, The person in charge of Zhongzhou Optoelectronics said in an interview.

Among them, Zhongzhou Optoelectronics invested a large amount of funds, manpower and material resources to develop 360-degree luminous filament bulbs, after obtaining a series of invention patents and technological breakthroughs, achieved good market performance in mass production and market.

However, on July 20, 2015, according to the “Bankruptcy Document of Zhejiang Zhongzhou Optoelectronics Co., Ltd.” published in the third edition of the People’s Court, the Hangzhou Intermediate People’s Court was based on the applicant’s Dongguan Donghao Hardware Electroplating Co., Ltd. Apply for a ruling and accept the case of bankruptcy reorganization of Zhejiang Zhongzhou Optoelectronics Co., Ltd.

On July 20, 2015, it was exactly one year since Zhongzhou Optoelectronics announced bankruptcy today.

The announcement disclosed by Lierda also mentioned that Zhongzhou Optoelectronics is a bankruptcy reorganization enterprise decided by the Hangzhou Intermediate People's Court. The company was previously recognized as a benchmark for LED filaments in the industry, and is the technology and production process of LED filament products. The leading enterprise entered the court bankruptcy reorganization due to problems in the process of introducing external investment institutions and the company could not operate normally.

Indeed, under the impetus of “ban” and energy conservation and emission reduction policies in various countries, the filament lamp industry has shown a hot trend. However, in the domestic large-scale LED packaging manufacturers have begun to enter the LED filament lamp market segment, and in the rapidly emerging market situation, in the face of lower cost, more large-scale competitive pressure, LED filament enterprises are also facing the market downturn pressure.

The price is not superior, the shipment is reduced, and the inventory backlog is becoming a common problem of LED filament enterprises. The announcement of the bankruptcy of Zhongzhou Optoelectronics may be just the beginning. Then LED filament enterprises may face a more severe market test. .

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