Foshan's largest LED investment case - Xu Rui photoelectric project stopped production and rectification

[Source: "New Industry" June issue] Two years ago, the total investment exceeded 350 million US dollars, Foshan's largest L ED upstream investment project - Xu Rui Optoelectronics broke ground.

The Xurui executive team vowed that the company will be listed three years after its establishment and strive to become the world's top three semiconductor lighting companies in 2015. A year ago, Xu Rui Optoelectronics officially opened, and the grand oath was repeated once again.

More than a month ago, the Xurui Optoelectronics executive team went their own way and the factory was forced to stop production. The oath of two years ago has become a bubble that has dissipated in the long history of the development of China's emerging industries.

"Since April 23, the company has not discharged any equipment sewage, it should be all equipment has been shut down." Xu Rui photoelectric, a wastewater treatment staff on April 25 to the "new industry" said that Xu Rui has a total of 100 There are only four devices in which MOCVD devices (LED epitaxial wafer devices) are operated.

A senior executive of Xurui Optoelectronics revealed that Marco Mora, the general manager of Xurui Optoelectronics, was suddenly dismissed. A total of 11 people in the company's core technical team were dissatisfied with the company's arrangement, and also proposed to leave, resulting in the discontinuation of Xurui Optoelectronics on April 10. .

At present, the assistant to the general manager of Xu Rui Optoelectronics, the assistant general manager, hopes to solve the chaotic situation of the company's various parts of the group. Trung Doan (Duan Zhong), chairman of Xu Rui Optoelectronics, also began to recruit major shareholders to discuss the company's aftermath, but there is still no final result.

Xu Rui Optoelectronics, which suddenly stopped production, will continue to be restructured or acquired in the future. It is still a question mark.

“The suspension of production of Xurui Optoelectronics Project is also the inevitable result of a 'government Lalang match' farce.” An industry insider familiar with the progress of the Xurui Optoelectronics project said that in 2010, under the leadership of relevant government departments, Xu Ming Optoelectronics (Se mile Ds), Guoxing Optoelectronics (002449.SZ), Zhejiang Shenghui, Beijing Langboer, Beijing Aieridi Investment Co., Ltd., and Nanhai High-tech Industrial Investment Co., Ltd. jointly established Xurui Optoelectronics. The original idea was that Xurui Optoelectronics was the upstream of the LED chip, Guoxing Optoelectronics as the middle of the LED device package, and Zhejiang Shenghui and Beijing Langboer as the downstream LED lighting application layout to jointly create an upstream and downstream vertically integrated industrial chain.

However, this is just a wishful thinking.

In the past two years, the domestic and international LED market has developed rapidly and changed. The major shareholders have begun to have their own ideas and attempts in the industrial chain layout. The so-called vertical and vertical integration of the industrial chain's vision and layout has finally become a castle in the air.

Regarding the above statement, the relevant person in charge of Xu Rui Optoelectronics's interview requirements for "New Industry" is silent, only that the management of the company does have some changes, and then the progress of the Xurui Optoelectronics project will be announced through formal channels.
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