Outgoing message, suppliers do not want to revert to SVA Five lines offer including raw materials, including glass substrates, while still maintaining the inventory of raw materials live only to hold out in October.
Close to the SVA NEC, told this newspaper, the current SVA to potential buyers by the constant processing of Wuhan LCD panel To maintain production capacity is about less than three percent. If buyers do not be finalized as soon as possible, was halted after the restoration of production capacity, will cost more energy then those who drive financial.
Plan in August then set dragged
Recently, BOE 8 on behalf of the line of the foundation, receiving 13.8 billion CLP Panda Sharp 6 Line, LG For 3 billion construction of eight on behalf of the line in Guangzhou, when the liquid crystal within the foreign investment Panel Of the decisive battle has begun. In the high-generation LCD panel line frequently launched, the SVA Five lines are still struggling with the issue of access plate.
Fangjian news that Shanghai SVA NEC LCD Co., Ltd. owed suppliers, distributors and other funds nearly 100 million dollars. As the arrears of customs-related duties, import and export of all business has been stopped. Dealers have debt collection throughout the home.
Protracted sale of matters, SVA NEC’s manufacturing operations are basically at a standstill. In addition to a large number of debt need to be resolved, the production line SVA Five less than three percent, regardless of who will take over and resume production requires large amounts of equipment Service Funds, these funds do not buy the Five lines in the overall price. Informed sources said the current operating status line to see the Five, to allow it to continue operating, at least 500 000 000 -8 100 million yuan in cash. This is certainly not those who received a small plate test.
Previously, the company’s operations team broadcasting Five lines have been thinking of ways to allow the company to maintain operations, to facilitate access to new employers as soon as they resume production. SVA Five Line insiders said the company had spread the news on August 1st Nisshin employers came over, to resume production, but it now appears, drag the earliest after National Day.
The constant to “rescue-style” collaboration
Choose to have “central rate”, mid-marquee name of, or the highest, the greatest sincerity in constant Wuhan, Shanghai municipal government has also repeatedly weigh the two potential buyers.
Newspaper reported late last month, due to the highest bidder in the constant group, and promised 100 million U.S. dollars profit each year, also promised to build more generation line vote (8 on behalf of the line), the Shanghai municipal government has been inclined to SVA Five Line sold in the constant. But the reporter was informed yesterday, the balance began to policy-makers, mid-tilt. But the source did not disclose specific reasons.
, Mid-Shanghai Tianma Micro in Shanghai Electronic Company, Shanghai SASAC also its shareholders, approximately 49% of the shares held by Shanghai Tianma. Shanghai Tianma participation has been very much valued the reorganization had received more pre-determined, mid-plate Five line SVA. However, in Wuhan, Hang strong “foreign interference”, the decision makers attitude swings.
SVA NEC internal sources, the current in the constant SVA Group has five lines of the processing on behalf of co-operation. August 5th generation production lines which produce mind driving 300 000, occupying 25% of capacity, opened in September 500 000, occupying 40% of capacity, in October 800 000, occupying 70% of capacity. Also means that once the constant, mid-PK in and defeated, this “rescue-style” cooperation will be considered stopped.
“Finance” magazine reported in constant Wuhan Zhong-Qiu Li, chairman of “very persistent”, since mid-July this year, I have been stationed in Shanghai two and a half. But Lee also said the restructuring “Imagination is more complex than the outside world”, things do not have a result.
I am China Crafts Suppliers writer, reports some information about oil changer , auto glass coating.