As of the end of today, our company has not received the property paid by Xu Dong Optoelectronic Technology Co., Ltd., and is temporarily unable to participate in the debt service of today's bonds on behalf of the issuer. Yi Ding (stage name), head of Xu Dong Optoelectronics, told reporters that the company's failure to pay the interest payable and related resale receivables on time was related to the temporary short-term liquidity of the company's funds; The direct trigger of liquidity difficulties comes from the lending behavior of financial institutions of RMB 2 billion.
In the case that enterprises can use capital turnover, with only 3 billion yuan to 5 billion yuan, the liquidity of Xu Dong Optoelectronics is tightened instantly. The debt default of Xu Dong Optoelectronics can be regarded as a concentrated exposure of the related risks of this A-share company which has been questioned in recent years. Predictability means that it will most likely lead to the multi-level herd mentality of the company's equity pledge financing operation in the middle and late stage. From the perspective of Xu Dong, this shows that it is still difficult for private enterprises to raise funds.
However, some professionals have explained that Xu Dong's breach of contract shows that under the economic restructuring and financial ecological changes in China, some enterprises may have hidden risks before, but there is no expectation of accelerating exposure in the future. Kangdexin announced on 2 1 evening that 22 bank accounts of the company were frozen, including 5 main accounts. At present, the company has not received the corresponding letter from the judicial authorities and has not obtained the relevant details. It is not excluded that other accounts or assets of subsequent companies are frozen. The company's shares were suspended for one day from 65438+1October 22nd and resumed trading on 65438+1October 23rd.