70 % of employees and assets have been frozen one after another. Can Rouyu Technology in "Storm Eyes" break through?

Author:Securities daily Time:2022.09.21

After the reporter Jia Li sprinted to the market, from the launch of the launch of the salary, the suspension of production, the suspension of production, and lack of money fell into a number of lawsuits to the frozen assets. The technology giants gradually declined, and Rouyu Technology staged it again. Recently, Rouyu Technology was seized as the founder of Liu Zihong. This darling darling with a valuation of 50 billion yuan in the past is now standing in the eyes of storms. "Who can bear the wages of arrears?" A former employee of Rouyu Technology told the Securities Daily reporter: "The staff of Rouyu Technology's Marketing Department basically gone, and some core technicians have left." He Rouyu Technology is ongoing. The relevant person in charge of the public relations company of the lawsuit revealed to the reporter that the other party did not pay the arrears. At present, the court has frozen some of its assets. The other party claims that it is unable to repay the arrears. "At present, we can only wait for the enforcement." Can Rouyu Technology, which was once regarded by the outside world as a star of technology, broke through the current dilemma? More than 100 million yuan in arrears to repay the most thinner flexible display in the world. With the panel displaying the "subverters" of the industry, Rouyu Technology's appearance has aroused the industry's attention. But last year, the listing plan died, and Rouyu Technology, who had a backwater battle, did not start the self -saving war after all. Since then, the halo of Rouyu Technology has gradually faded, caught in a crisis of arrears and suspending production. Under the application of many suppliers, some assets of Rouyu Technology have been seized and frozen. Recently, the crisis of Rouyu Technology's capital chain continued to ferment, and the news of Rouyu Technology's "evaporated" of 10 billion yuan assets in the industry. On September 19, Rouyu Technology, who was in the center of the storm, stood up and issued a statement in Guanwei Public that the commercial disputes involved in the article had been resolved through friendly negotiation or normal legal channels. The company's operations are currently normal and orderly. However, in an interview with the "Securities Daily" reporter, a number of Rouyu technology suppliers said that they cannot recover the arrears and can only wait for the court to decide. Tianyancha APP shows that as of now, Rouyu Technology has been forced to execute repayment over 100 million yuan. The company has 579 peripheral risks and 604 warning tips. Most of them were enforced by the court by the court, legal lawsuits, and real estate mortgage information. People familiar with the matter revealed that Rouyu Technology and their related companies have the actual arrears of hundreds of millions of yuan. Because of the total engineering funds of 101 million yuan, Rouyu Technology was sued by Shanghai Baoye Group to court, and was later included in the ranks of the executive. In September this year, Rouyu Technology had long arrears in advertisers and financial public relations costs that continued to be exposed to the sun, and then forced frozen assets by the court because of failure to repay the arrears. The Tianyan Check APP shows that according to Rouyu Technology's non -complaint review ruling, blue cursor and other companies have applied to the court for seizure and frozen Rouyu Technology's name under the name of 37.14 million yuan in property. The court finally ruled to seize and freeze. "It can no longer be contacted by their core senior management. At present, the personnel of the company's legal department also negotiated with Rouyu's technology through the court." A person in charge of a blue cursor said. It is understood that Rouyu Technology has also owed some employees for more than half a year, and the company announced in April this year that some employees were on vacation. "Many core technicians have left or hopped because of the arrears of salary. This slow consumption state of unpaid vacation has made many people unavailable." The former employees of Rouyu Technology said, "At present, Rouyu Technology's staff members are compared to 70 % of the peak periods. "Will the capital continue to throw olive branches? Since its establishment in 2012, Rouyu Technology has completed a total of 13 rounds of financing, with a total financing amount of 9.85 billion yuan. The market's expectations for Rouyu Technology's valuation once reached 50 billion yuan. It supports Rouyu Technology's high valuation is its full flexible display technology. In June 2018, Rouyu invested 11 billion yuan to build and put into production with the world's first full flexible display large -scale mass production line with independent intellectual property rights. Since then, on the eve of the outbreak of the folding screen, Rouyu Technology launched the first foldable flexible screen mobile phone, which was earlier than Samsung and Huawei. At that time, the originator of the new form of a mobile phone was once. Rouyu Technology announced that its new ultra -thin color full flexible display has a thickness of only 0.01 mm and a curly radius of 1 mm. The third -generation cicada wing full flexible screen has greatly improved the reliability of the product. The technology seems cool, but it is difficult for products to get market recognition. The expensive cost of mobile phone products is always difficult to come down. It is not highly experienced with core technology screen quality and slow product change. It makes it difficult for Rouyu Technology to make a profit. Essence According to the previous prospectus, the three and a half years after 2017, Rouyu Technology lost a total of 3.195 billion yuan. At the same time that it was not for listing in the United States, Rouyu Technology's domestic science and technology board IPO also announced failure. Without the blessing of capital, Rouyu's science and technology issue gradually exposed. "Rouyu Technology is the earlier 'player' to develop the folding screen mobile phone market, but the product sales are not available, and the cost has not been settled, which has caused it to be ended with endless layers of folding screen mobile phone manufacturers. The folding screen mobile phone market will also go through a new round of shuffling, and some brands will be eliminated. "Yuan Bo, a researcher and communication engineer of the research institute, believes:" The situation of Rouyu's technology loss in the short term is difficult to recover. At present The mainstream suppliers of smart phones have been relatively mature. Compared with domestic BOE and Victoria, Rouyu Technology has not been able to become the mainstream supplier of the supply chain, and even to the edge.

”在他看来,不仅是外部竞争因素,柔宇科技自身错误的商业策略也导致其现在已经失去最佳的机会窗。“京东方也曾面临亏损的境况,但其技术路线符合市场趋势,且The commercialization of technology was realized. Rouyu Technology is a typical re -research and development enterprise, and its business is not focused and the supply chain location is unclear. Rouyu Technology has self -developed technology, but it does not use this advantage to cooperate with head smartphone companies to invest a lot of funds on the self -built mobile phone production line. This heavy asset model has led to the high investment in Rouyu's research and development, and it has not established a mobile phone brand, which is disconnected in the market. "At present, low -temperature polysilicon technology is widely used in the OLED screen market, and the ultra -low -temperature non -silicon process integration technology adopted by Rouyu Technology is controversial because of its poor product performance. At the same time, folding screen flexible technology is still in the early stage of development. The prospects are not yet clear, and the cost is high to make the industrial chain manufacturer's resistance. Looking at the market, BOE, TCL Huaxing and other shows that companies such as flexible screens have diversified products and interact with mobile phone manufacturers to make up for high research and development支出。北京社科院研究员、中国人民大学智能社会治理研究中心研究员王鹏在接受《证券日报》记者采访时认为,目前折叠屏的应用场景及空间依旧广阔,且折叠屏手机处于放量阶段,从From the perspective of the entire industry, full flexible technology is still in the sprint stage. Whether it is ultra-low-temperature non-silicon-to-silicon process integration ULT-NSSP technology or low-temperature polysilicon LTPS technology, there is still a long way to go. Yu Technology can quickly adjust its positioning, better combine technology research and development and commercialization, focus on technology and business, and build an ecology with partners to build an ecology. "After the money is burned, there will be capital to extend the olive branches again. It is unknown for Rouyu Technology. "The above -mentioned employees of Rouyu Technology said. Pictures | Site Cool Hero Bao Map Network Review | Editor of Xu Jie | Qiao Chuanchuan Final Trial | Zhang Ye

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