Duan Zhong himself is the chairman of Xuming Optoelectronics. As the largest shareholder of Xurui Optoelectronics, he holds 49% of Xurui Optoelectronics.
Previously, after Xu Rui Optoelectronics reported the suspension of production on April 23, 2012, Duan Zhong had recruited the major shareholders of Xurui Optoelectronics and proposed to acquire shares of other shareholders, but was stranded due to differences in the purchase price.
Although the company's shareholders have repeatedly stressed to employees that as a key investment target of the Foshan Municipal Government, shareholders will not let the company go through the process of liquidation and bankruptcy, they will definitely find a way to restructure the company. However, in the current stormy LED chip industry, Xu Rui's restructuring road is not good.
On December 27, 2012, Guoxing Optoelectronics (002449.SZ), one of the shareholders of Xurui Optoelectronics, announced the announcement of the provision for impairment of long-term equity investments in the participating subsidiaries. According to the announcement, the book value of the company's long-term equity investment in Xurui Optoelectronics is RMB 64,829,750. The company's provision for impairment of this long-term equity investment in 2012 will affect the company's 2012 profit by RMB 37 million to RMB 41 million.
The above employees revealed that the company's MOCVD equipment has been in maintenance since the discontinuation of Xurui Optoelectronics in April 2012. Due to poor management and long-term losses, the company’s 14-month salary system promised to employees is also dragged. It is reported that the salary system in April means that employees who have been employed for more than half a year will be paid one month's salary every six months. "Since 2012, the additional wages have been dragged and not sent."
It is reported that there are still more than 100 people in Xurui Optoelectronics, but since December 1, 2012, Xu Rui Optoelectronics has announced a long vacation, which lasted until April 2013, which caused a lot of employee dissatisfaction.
In fact, starting from April 2012, the daily operation of Xu Rui Optoelectronics is the processing order from Xuming Optoelectronics. Xu Rui Optoelectronics is responsible for the cutting and testing of the back-end materials, but the reporter learned that the order volume is very small.
The reporter learned that some time ago, Xuming Optoelectronics had already transported some of the main components of MOCVD from Xurui Optoelectronics.
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