Foshan City Towe Environmental Lighting Engineering Co., Ltd. (hereinafter referred to as Towe Lighting) capital chain breaks are still fermenting.
On September 22, the report of the Tovey Lighting Capital Chain Breakage was reported. China Liansu Related Company Guangdong Liansu Electric Co., Ltd. (hereinafter referred to as Liansu Electric) was involved.
Prior to this, Tovey Lighting claimed that “Liansu Group has invested in Towe Lightingâ€, and many suppliers believe that it has been blinded, resulting in continued supply loss expansion, and also requires the Liansu Group to be held responsible.
However, Liansu Electric also issued a statement saying that it is not “Liansu Group†that has reached a cooperation intention with Tovey Lighting, but Liansu Electric has itself been deceived and provided loans to become creditors.
Yesterday (September 23), Tovey Lighting finally issued a statement acknowledging that Liansu Electric provided loans, and there has been no agreement on the shares so far.
Liansu Electric said it was cheated
On September 17, Tovey Lighting was caught in a dilemma due to the break of the capital chain. Many suppliers came to ask for the purchase price, and the employees asked for arrears. According to the Foshan Daily report, Tovey Lighting has only defaulted on payment of 180 million yuan. According to incomplete statistics, there are 665 suppliers in arrears.
It is worth noting that in addition to Tovey Lighting itself, there is also the Liansu Group, which is the target of suppliers to recover their purchases and claims. On July 30, Tovey Lighting released a message on its official website saying that “Liansu Group officially invested in Foshan Tovey and became the second largest shareholder of Foshan Tovey.†The official website also said that the hardware channel and engineering of Liansu Group Channels and so on will be shared with Foshan Tovey, helping the company to grab the top three in the industry.
"After this news came out, the supplier who was worried about Tovey's lighting funding problem had intended to withdraw from the supply system. However, it believed that such a large group of Liansu was also a shareholder. The company should be able to support it and continue to supply it, resulting in an increase in losses. "A person in the industry who knows this matter said that, therefore, after the Tovey lighting capital chain breaks, some suppliers are also looking for a statement."
However, on September 22, Liansu Electric, a related company of China Liansu, issued a statement on the major websites with the company's official seal saying that Liansu Electric only provided loans to Tovey Lighting, but because Tovey Lighting concealed debts, Failure to reach a partnership.
In addition, Liansu Electric also said that the cooperation intention with Towe Lighting is not "Liansu Group", but Liansu Electric. The information released by Tovey Lighting belongs to misleading the public and deceiving other creditors. Liansu Electric has actually been deceived by Towe Lighting and became the creditor of Tovey. This has sent a lawyer's letter to Tovey Lighting to clarify the facts and eliminate them. Influence, and will further investigate the legal responsibility of Tovey.
"Online's statement about Tovey Lighting was issued by the company, and the company did not participate in Tovey Lighting," said Liansu Electric's staff.
Tovey Lighting acknowledges the facts
In fact, Tovey Lighting finally issued a statement yesterday (September 23), acknowledging that it only borrowed from Liansu Electric. So far, no agreement has been reached on the transfer of shares.
China Liansu's 2014 annual report shows that Guangdong Liansu Electric Co., Ltd. and China Liansu are related companies, and the actual controllers of both are Huanglian.
According to the information from the National Enterprise Credit Information Publicity System, Tovey Lighting obtained a total of 2.7687 billion yuan through mortgages of 5670 machines and equipment, and the mortgagee was Guangdong Liansu Electric Co., Ltd. The registration date of the movable property mortgage information is July 30, which is the same as the date when Tovey Lighting announced the shares of Liansu Group on its official website.
At the same time, it was found that in addition to the announcement on September 23 that Tovey Lighting only borrowed Liansu Electric's money, it also deleted the news of its official website "Liansu Group's shareholding in Tovi".
"Lei Qipeng, chairman of Tovey Lighting Co., Ltd., is still negotiating with the parties to find ways to get rid of difficulties and reorganization." The insiders who know the matter said.
Subsequently, the reporter repeatedly called Liang Qipeng and the phone was not answered.
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