Recently,LED display manufacture Shenzhen Sinolight Optoelectronics has announced to bankruptcy due to its current difficulties in securing SME loans.
The company had assets in excess of RMB 100 mln and a staff of more than 400 people.According to the company's financial manager,to a great extent,the company's bankruptcy was the result of current difficulties in securing SME loans.
Source:
http://www.ledinside.com/shenzhen_sinolight_optoelectronics_closed_down_20120706
