Wu Changjiang's former vest company Hualong Yingke land reserve price auction planned to build the country's largest LED industrial park

Chongqing Hualong Yingke Optoelectronics Co., Ltd. (hereinafter referred to as Hualong Yingke), which was once highly hoped by NVC lighting founder Wu Changjiang, is in a position to build a “second NVC”.

Recently, Chongqing Jinyu, Kaiyuan and Guohui auction companies have held the state-owned land use rights of Chongqing Hualong Yingke Industrial Co., Ltd. (hereinafter referred to as Hualong Yingke Industry), a shareholder of Hualong Yingke, in the “Jinlin Tianxia Longqiwan” project in Tongliang District, Chongqing. In the open auction, the piece of land was finally sold at a reserve price of 152.01 million yuan.

According to industry and commerce information, Hualong Yingke Industry holds a 51.02% stake in Hualong Yingke. In addition, the reporter of "Daily Economic News" discovered in 2014 that Hualong Yingke and Hualong Yingke Industrial actually had a very close relationship with NVC, the founder of NVC Lighting. The industry called Wu Changjiang's "vest" company. The report of Chongqing Daily reported that Wu Changjiang is the person in charge of Hualong Yingke.

Land auction

The auction announcement shows that the land is a collateral for the three cases and is secured. The area of ​​the supporting land for the employees of the park is not less than 30% (36 mu) of the total land area of ​​the project. The area of ​​ordinary commercial and residential development land is not higher than the total land area of ​​the project. 70% (84 acres). The number of complete sets of houses in the staff's living supporting facilities in the park shall not exceed 30%, and the number of workers' shifting houses shall not be less than 70%.

In addition, for the takeover, Hualong Yingke Industrial has also set a number of limited conditions, including the staff living supporting houses built in the site, of which the complete sets of houses can only be rented and sold to Hualong Yingke Industrial employees, after the employees obtain the property rights, 5 It is not allowed to sell outside the year; the property rights of non-complete sets of employees can only be paid to the land transferee and not sold at a fraction of zero.

"After the listing of this project, we have received a small number of consultation telephones, and there are fewer buyers who intend to shoot. As of the end of the listing, only one company has signed up." The staff of the Chongqing Stock Exchange responsible for the project "Daily Economic News" reporter said.

The reporter learned that on the auction site on October 10th, only one company paid the deposit for the auction. The auction price was 152.01 million yuan. In the absence of any competition, the company obtained the land use right at the reserve price.

It is worth mentioning that the auction was entrusted by the Chongqing No. 1 Intermediate People's Court. Due to the insolvency of Hualong Yingke Industry, the bank applied for enforcement by the court.

According to the industrial and commercial archives, Hualong Yingke was established on December 13, 2012. The initial registered capital was 34.3 million yuan, currently 300 million yuan. Hualong Yingke Industry was established in November 2012, and the current registered capital is 200 million yuan.

In fact, in recent years, the two companies mentioned above have been quite difficult to operate. The Chongqing Municipal Government’s open mailbox shows that there have been many letters reflecting the debts of the two companies and the stagnation of the project in the past two years. According to the multiple letters of the Tongliang District Government, Hualong Yingke is still undergoing restructuring, but there is also the possibility of bankruptcy liquidation.

According to the National Enterprise Credit Information Publicity System, in 2015, Hualong Yingke's total assets were 588 million yuan, net assets were 278 million yuan, liabilities were 278 million yuan, and total profit was a loss of 2006 million yuan.

Cheng also Wu Changjiang, defeated Wu Changjiang

It is interesting to note that for Hualong Yingke and Hualong Yingke Industry, its development context is related to the ups and downs of Wu Changjiang.

Although the current operation is quite difficult, public information shows that Hualong Yingke has not only proposed to build "the country's largest LED optoelectronic industrial park", but also hopes to become the first listed company in Tongliang in 2018.

According to Tongliang.com, in January 2013, Hualong Yingke LED Optoelectronic Industrial Park project was signed in Tongliang Industrial Park, which is one of the 100 key projects in 2013. The total planned investment is 1 billion yuan, and the land is about 300 mu. Production of LED display, LED electronic drivers, LED energy-saving products related upstream products.

The reason why Hualong Yingke is so emboldened is because it is closely related to NVC lighting at that time.

At the end of August 2014, a staff member of Hualong Yingke also said in an interview with the reporter of “Daily Economic News” that NVC Lighting is a major customer of the company, and Hualong Yingke provides raw materials for the LED lighting industry chain and OEM. OEM production.

According to public information, Wu Changjiang was officially transferred to the Huizhou Municipal People's Procuratorate for approval of the arrest on the afternoon of January 5, 2015 due to the alleged misappropriation of funds.

The arrest of Wu Changjiang also directly affected the operation of Hualong Yingke. In Tongliang Mailbox [2015] No. 522, the Tongliang District Government responded that Hualong Yingke’s refund of the compensation amount was 60 million yuan, and said that it was mainly affected by the “NVC storm”. .

"How to deal with Hualong Yingke's future is still unknown, and there is a great chance that it will enter the process of bankruptcy liquidation," said an analyst who declined to be named.

On October 12th, the reporter of "Daily Economic News" called Hualong Yingke and Hualong Yingke Industrial and Industrial Information to reserve mobile phones, and the phone has not been answered.

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