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Old 08-29-2011, 03:58 AM   #1
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[Introduction] from 2003 chip in liquid crystal, beijing east was immersed in malign investment to yield to be encircled quite, the cup that this is Chinese high-tech industry actually is provided.
Article of / of graceful of Xiongting of correspondent of exercitation of weekly of behave financial transactions
Snowball of Ba Fei spy, beijing is Oriental also snowball.
Beijing east is final 2009 two months, took the governmental subsidy namely is as lofty as 700 million. Local government how can such be compliant to chapter with alternatively use?
"Do not be additional, it is to siege money only. " Shanghai is close to personage of orgnaization of Beijing east know the inside story to say, 2008, beijing east is already gigantic deficient nearly 1 billion, if the government did not move 2009, norm Beijing east will carry ST tag again, sequel again financing will face very large difficulty.
2009 the end of the year, entire meeting of Beijing east shareholder has been passed beforehand circumstance, draft collect 10 billion. Afore-mentioned orgnaization personages still disclose say buy mbt shoes, "Beijing east is plan financing so of 20 billion, the mall is wrong to do not have manner,0. The market is bad to do not have method..
Actually, a variety of reasons, already made Beijing Oriental the road of the financing that was on snowball type.
"Financing - mount a horse - deficit " odd group
This is the Zhang with breathtaking brushstroke, though mirror its not completely true business aptitude.
Since 2004, beijing east accumulative absolute again financing 28 billion, and web profit (do not contain rights and interests of a few shareholder) for - 3.17 billion, share out dividend is basic negligible not plan.
Look from easy monetary index, beijing is Oriental actually from climb a nag of formal in June 2003 piece in after product line of module of TFT-LCD of the Five Dynasties, was submerged in malign investment to yield in odd team. Yield of average only capital fund from 2003 7% glide all the access, low 2006 to 30% , was 2009 0.6% . Gross profit is led likewise from 15% , descend to 2009 - 0.44% .
This is actually " financing - mount a horse - deficit - again financing " interlink blames a group.
Beijing east issued B 2004 afresh financing 2 billion HK greenback, threw product line of module of TFT-LCD of the Five Dynasties basically entirely actually (remunerate purchase Korea contemporary the debt of this product line and later period construction discard) . Back-to-back migrate is colossal 2005 deficient 1.58 billion. For afresh financing, beijing east tries to publish H even. 2006, before be close to wearing a hat, beijing east is urgent repeatedly financing 1.8 billion use at 5 acting lines.
But,hermes bags for sale, according to the survey information with one Oriental to Beijing orgnaization, actually, beijing east pursues TFT technology 7 years time, from 2005 5 acting lines start, 5 years time makes money 1 year only. This year namely of market a sudden jet f movement prior to collapse 2007, this also makes Beijing Oriental the hat that threw ST.
Subsequently, beijing east took advantage of a gainful position 2008 again collect endowment 2.2 billion yuan of mount a horse 4.5 acting lines, in those days gigantic deficient nearly 1 billion. But no fewer than maneuvers to cannot grab up with change, antique not figuration, new again thump on the face. 2009, beijing is Oriental again collect endowment builds 6 acting lines 12 billion yuan, chart collect endowment ever since 10 billion yuan build 8 acting lines.
Trade file shows, in order to produce per month can the liquid crystal product line of 60 thousand chips of substrate is exemple, investment of 4 acting lines wants 7.5 billion yuan, 5 acting lines want 10 billion yuan, 6 acting lines want 20 billion yuan, 8 acting lines want 30 billion yuan. Introduce according to industry analyst, want to make money in this industry, must have range influence,0. Large-scale build product line, spend does not penniless actually.
The orgnaization studies the personage expresses, to 2009 the 4 seasons spends line of Beijing east the Five Dynasties to be produced entirely, distance Beijing east is financing of 5 performing lines, had gone 3 years, yet struggle approximately profit line all the time; 4.5 acting lines are in climb slope duration, have no obtain,0. 6 acting lines will bring east of the Beijing end 2010 new amplify production can, 8 acting lines want when 2011 year end.
Since 2007, face plate cost glides all the way. And according to Beijing east company announcement shows, was 11.17 billion yuan respectively to the business proceeds 2009 2007, 8.334 billion yuan, 6.249 billion yuan, also glide all the way. Meanwhile, was 560 million yuan respectively to the on the head of expenses 2009 2007, 814 million yuan, 873 million yuan, raise,0 all the way.
This is snowball: Collect is gigantic endowment throw and cannot fashion profit, the project lacks follow-up capital advocate, then can again the fund with huger be in harmony MBT Women Changa Shoes Navy, had treatise front then cheap mbt shoes, of personages of afore-mentioned orgnaization of know the inside story divulge.
Oriental fate: Always chase on the tail
Afore-mentioned odd groups are a variety of fate it seems that to Beijing east.
"Beijing east is even now chief income is line of support the Five Dynasties, and line of the Five Dynasties has been been close to in overseas fell into disuse, the company such as Han resembling daytime already plan carried depreciation, this gives domestic manufacturer very great oppression. " analyst of trade of a certificate introduces to the reporter.
"Want to rely on line of the Five Dynasties to turn over gain, be not very substantial, unless face plate price has,promote substantially. Resemble 2009 as a outcome of financial emergency, stop production of a lot of companies, supply and demand is lopsided, ever brought those who have face plate price to rise, but the most price that rose 2009, also was 2008 although 67 into. Also was 2008 nevertheless 67 into..
This analyst still discloses: "Actually the biggest question, it is immediately had had extra high grade OLED face plate MBT Imara Women's Sandals, samSung of this kind of face plate and Suo Ni had been on mobile phone application fulfill a amount to produce, the television of OLED face plate also had rolled out model. " can bring to face plate industry to OLED move how oldly, this analyst thinks: "Do not say to be replaced completely, also can deuce at least the earth. Also can deuce at least the world..
Face plate industry is the industry of anticipate the enemy. And if Beijing is Oriental,home precedes still when adherence CRT, abroad in order to expand 5 belts line, in 5 generation the line is produced completely,her bag hermes, when 4.5 acting lines still are climbing slope, abroad has been in in small size before final OLED; Beijing is Oriental 8 acting lines have not build, xia Pu has been in build 10 acting lines.
And a personage that pursues business of face plate of old liquid crystal discloses say, "Since 21 centuries, monitor updates speed to be expedited distinctly, virtually CRT time is multiple, our 8 acting lines still are in pile when, the 10 generation of day Han mbt sandals as bargain, 11 acting product line had yielded achieved product, the wholesale business petition of OLED namely 2-3 year thing. The wholesale business application of OLED namely 2-3 year entity..
"Accordingly, servant corporation is cast off extremely hard establish a shortage fate. Domestic company is actors off exceedingly hard build a deficit fate..
Who is driving cuss of Beijing east demon?
Be what is driving cuss of Beijing east devil?
"The face has the will of a few countries here, use outlet of some LED production is special, use in battle industry domain case in point, must absence homebred. " ahead recite be near apt personage of orgnaization of Beijing east understand the inside story apt mention.
National volition is reflected in, our nation,0 came above stage 2009 " electronic Information Industry is adapted and subserve a agenda " show smooth of TFT-LCD fluid crystal clearly the major project that labels new emphasis evolution, and attempt Beijing Oriental protection through be impeded to accept.
Actually, the amuse drive of local government also is visible. Researcher of course of learn of advertisement tight of noted certificate of a family thinks: "To GDP dragging a movement to use is very straight perceptible, annexed, revenue income, the development of industry of form a complete set also may be in of regional government in considering. " the orgnaization message of afore-mentioned examine Beijing east shows, beijing government assumed 8 acting routes finally 8.5 billion investment.
Always invest the 8 acting lines of 28 billion, always invest the 6 acting lines of 16.5 billion, always invest almost 2 years 500 much, yield entirely 2012. Of Beijing east 2012 will how?
"Everybody also is in the likelihood wager a wheel, quest changeover ###### opportunity. " afore-mentioned analysts sayRelevant Information:
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