On the morning of January 10, 2017, the entrance of Leshi Building was bustling again, gathering a group of people who claimed to be “LeTV Mobile Suppliersâ€. They were forty or fifty people wearing uniform “debt suits†and printed on the back of the clothes. Return money".
Just across the street is a luxury residential area - Oceanwide International. Many stars, including one of LeEstar's star shareholders, Li Xiaoyu also live here. At the time of Beijing time, they learned that they were all due to LeTV’s arrears of payment, and they came up with “speakingâ€. Some of them have already come dozens of times, and there is a representative of a supplier in the south who has been waiting for three months.
Even so, the amount of money that has been owed is delayed.
The door-to-door "rights" did not result in a maximum of 200 million
The winter in Beijing is very cold. As long as there is wind, the chill will come. However, this does not stop the suppliers who are in arrears of payment from coming to the door to “protect their rightsâ€. For them, this is the only way. At the scene of rights protection, a supplier told Beijing time, "Even if you know that LeTV will not pay back, but what can we do besides coming to the door and LeTV?"
Beijing time on-site asked a number of suppliers have said that LeTV's attitude is very perfunctory, there is no intention to pay back.
Ms. Liu, a supplier of employees in Wangjing, told Beijing time that two of their group companies are responsible for producing mobile electronic chips for LeTV, owing them a total of four million dollars. According to Ms. Liu, they have cooperated with LeTV. Since then, LeTV has rarely paid on time according to the contract. When Ms. Liu came over last time, LeTV said that she would pay in mid-January. If the money didn’t arrive, she would come back to see it this week.
At the same time, Ms. Liu said: "The cooperation with LeTV is just two small companies under our group. The big companies have not cooperated with them."
Another employee of the company, Mr. Zhang, revealed that as far as he knows, there are at least five or six suppliers coming today, with a maximum of 200 million yuan. As for the total amount of LeTV's arrears to mobile phone suppliers, Ms. Liu and Mr. Zhang agreed that it would not be lower than the 15 billion yuan circulating on the Internet.
Because they are local companies in Beijing, they come to LeTV Building every day to "look", but they don't wear "debt suits" every time. However, for companies far away from the field, they can only get used in Beijing without getting money.
A supplier in the south provided mobile phone materials services for LeTV. The person in charge of the company, Mr. Li, said: "We have been in Beijing for three months and have come to LeTV Building for 'defense rights' dozens of times." According to Mr. Li, LeTV 2015 The annual payment has not been settled.
"Every time, LeTV will develop a solution. If you don't pay back the money, you will make a plan for you, so drag it," said Mr. Li.
According to reports before Beijing time, Tianjin Hao Furui Electronic Technology Co., Ltd. has repeatedly failed to "pay", even if LeTV said it should solve the problem of arrears at the end of December.
LeTV plans to stop the work of several small factories
Mr. Li also said: "LeTV has a '136' agreement, which is to drag the money for one month. If it is not enough for one month, it will be dragged for another three months or six months. This is a ten-month period. It is simply Overlord clause."
For Leto's proposed agreement, the supplier said: "The fool is signed." The result of the refusal agreement is that LeTV has not paid back.
In general, for long-term cooperation, suppliers will give a grace period of one to three months, but it is impossible to default for ten months. Mo Zhenquan, managing director of AAC Technologies, once said that the repayment period of LeTV's arrears of three to six months is acceptable, but it also depends on the impact of the arrears on the company, emphasizing that the period of arrears is not allowed. It will be too long.
According to media reports, some insiders said that for small mobile phone suppliers, arrears of ten months are likely to lead to a shortage of cash flow and even bankruptcy. Beijing time has learned that a number of suppliers who have been in arrears with LeTV have been in a state of suspension.
Mr. Li even bluntly said: "I don't want to mention the current situation of our company. It has already been uncovered."
Mr. Zheng, a representative of a supplier listed overseas, said that LeTV had defaulted on their company at least 30-40 million yuan, which had a big impact on the company. He knew that some small companies had been shut down for several months.
"I am the Beijing branch of our company. Now I have nothing else to do every day. I can only chase after the debts of LeTV." Mr. Zheng said helplessly.
For large companies, because they will not be dragged down by LeTV, and know that the repayment will not have results, they are not willing to spend energy and LeTV once again "defending rights." On-site “rights protection†personnel told Beijing time that the company that was in arrears with 200 million yuan had seen LeTV’s perfunctory attitude and went “very calmlyâ€.
LeTV mobile phone supply chain crisis
The most direct result of LeTV's large arrears of supplier payments is that suppliers refuse to supply LeTV. Vendors at the site believe that LeTV's supply chain faces major problems.
Beijing time to query LeTV official mall, music max2, music s3, music pro3 is currently out of stock, at the same time, cools1, cool1dual models are out of stock. Earlier, LeTV was exposed that the phone could not be supplied normally.
LeTV's suppliers are as anxious as LeTV, especially small suppliers. They and LeTV are on the same boat, breathing together and sharing their fate.
The Beijing time scene observed that the suppliers present were very familiar with LeTV. They have been talking about LeTV's suspension from LeTV, and they are well aware of every move. However, the words reveal a great distrust of LeTV. They do not believe that LeTV will have a future, and even call Jia Yueting's ecology "painting a pie."
For the results, suppliers do not seem to dare to have too much expectation. Mr. Zheng said, "We have docked with LeTV's supply chain department and we have negotiated arrears before. Now they are not talking to us." Ms. Liu told Beijing time that she could not contact LeTV’s top management, even the supply chain director. Ms. Liu also said that LeTV should unify the explanation for suppliers who are in arrears.
Beijing time contacted the LeTV public relations department, the other party did not respond to the supplier's arrears.
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