Another electronics giant withdraws from Shenzhen! Some employees are waiting for the compensation plan

category:Finance
 Another electronics giant withdraws from Shenzhen! Some employees are waiting for the compensation plan


According to the industrial and commercial data, Shenglong technology was established on August 10, 2005 with a registered capital of US $18886716. Its business scope includes the design, production and operation of new electronic components (frequency control and selection components) and special electronic equipment; the import and export of goods and Technology (excluding distribution and national monopoly and special control commodities); technical consultation and product after-sales service. The reporter found that at present, the above-mentioned factories have been vacant, and some employees live in dormitories, waiting for compensation after the dissolution of the company.

According to a person in charge of the canteen in the factory, Shenglong technology moved here from Longgang Buji, and they have been contracting the canteen to provide three meals for Dongguang employees.

In the past, the efficiency was very good. We often worked overtime all night, and the delivery workers worked in two shifts. In the evening, we had to prepare food for them. However, in the past two years, we had to move from the fourth floor to the third floor, and then to the second floor and the first floor. I heard that the machines were also aging. The products were made by hand before, and now we need to use new technology. He said that he had been working with this factory for nearly six years.

For the reasons for the dissolution of the company, the reporter randomly asked several passing employees, most of them think that the benefit is not good this year.

In this regard, the official Chinese website of Murata production Institute also issued an announcement on November 24, which explained that Saitama Murata production Institute (formerly Dongguang group) has mainly contributed to the development of telecom market through the development and production of coil products. However, in recent years, the demand of smart phone market and other major markets has been diversified, the development cycle has been shortened, and the competition with overseas manufacturers has intensified, resulting in a very severe business environment. Due to the sharp decrease in demand for products and fierce price competition, Shenglong Dongguang technology decided to stop production and close the company.

At the end of the announcement, Murata stressed that the closure of the production subsidiary had a slight impact on the companys performance this year.

During the interview, the reporter found that the whole plant area was very low-key, even a little dilapidated, and it was difficult to connect it with a well-known electronic enterprise in the global industry.

Some employees are waiting for the compensation plan

A couple had been working in this factory in Dongguang before. As soon as they got married, they came across the news that the factory declared bankruptcy. She said, we are waiting here for the interview on the 30th to see how to compensate.

In terms of employees compensation, the reporter found that the company has provided two schemes:

Scheme a is to give n + 2 months of economic compensation to the employees who negotiate with the company to terminate the labor contract and sign an agreement to terminate the labor contract before 17:00 p.m. on November 20, 2020;

Plan B is to give n months of economic compensation to the employees who have not signed the labor contract termination agreement with the company before 17:00 p.m. on November 20, 2020.

In addition, the payment of year-end bonus is also clear, that is, for employees who sign the termination of labor agreement, the company plans to normally pay the year-end bonus in 2020 from December 7 to December 10, and the final amount is converted by referring to the actual number of working months of this year divided by 12 months.

(Photo by Hu Huaxiong)

It is worth noting that according to the announcement list of the proposed funding plan of Shenzhen technical equipment and intelligent management improvement project in September 2020, Shenglong Dongguang has obtained a subsidy of 540000 yuan for the introduction of antenna inductor production equipment and product quality analysis equipment. Only about two months after receiving the subsidy, the factory announced the liquidation, which caught people off guard.

Murata is one of the global electronics giants

Headquartered in Japan, Murata is a leading manufacturer of electronic components in the world. It is mainly engaged in the development, production and sales of ceramic based electronic components.

According to Muratas official website, Murata has established its first sales company in Hong Kong, China in 1973. Up to now, Murata China has 19 sales bases, 4 factories and 4 R & D and design bases. The Zhuhai factory nearest to Shenzhen is still in operation. According to the companys investigation data, Zhuhai Dongguang Electronics Co., Ltd. is mainly a manufacturer of electronic components and multi-functional high-density modules. Its main products are inductors, filters and rubber seats. The products are mainly sold to Hong Kong Tong Kwang electronics manufacturing factory and Japan Toyo Co., Ltd.

According to employees of Shenzhen Dongguang electronics factory, the product positioning of Shenzhen and Zhuhai is slightly different. The factory in Shenzhen is older, and the machinery and equipment are in the stage of upgrading. Its official statement points out that the companys product categories are facing problems such as reduced demand.

Recently, Murata production office announced the financial report of the last quarter (July September 2020) on October 30. Due to the increase in sales of MLCC and other products, the consolidated revenue increased by 5.4% to 42.207 billion yen (26.8 billion yuan, calculated according to the current exchange rate, the same below), the consolidated operating profit increased by 36.3% to 80179 million yen (5 billion yuan), and the consolidated net profit increased by 37.3% to 60.277 billion yenuff08 RMB 3.8 billion).

Murata pointed out that due to the strong demand for parts from clients, the increase in demand for products used in smart phones, the expansion of PC related demand driven by remote office and online teaching, and the economic revitalization policies launched by governments of various countries to boost the demand for vehicles, the consolidated revenue target of this year (April 2020 to March 2021) is adjusted to 1.49 trillion yen (about 94.2 billion yuan), and the combined business is operated The industrial profit target is 250 billion yen (15.8 billion yuan), and the consolidated net profit target is 189 billion yen (11.9 billion yuan).

In addition to Murata, some other well-known enterprises have moved away in Shenzhen this year.

On October 26, this year, Stanley Baide precision manufacturing (Shenzhen) Co., Ltd. announced that with the change of the overall market environment and the intensification of competition in the industry, the group had to restructure its business resources to enhance its market competitiveness based on the demand of strategic development. After careful analysis and discussion, the shareholders and the board of directors of the company regretfully decided to stop production and operation activities from October 26, 2020, and dissolve Stanley Shenzhen in advance. According to the data, Stanley Shenzhen is a wholly-owned subsidiary of Stanley Black & Decker, an American enterprise, which mainly produces and operates electric tools, vacuum cleaners and accessories. Stanley Black & Decker is an old tool manufacturer, its predecessor is the Stanley works. In 2010, Stanley announced the merger with pater to form Stanley pater, which is now ranked 220th in the Fortune 500 2020. Source: Securities Times net editor in charge: Wang Xiaowu_ NF

On October 26, this year, Stanley Baide precision manufacturing (Shenzhen) Co., Ltd. announced that with the change of the overall market environment and the intensification of competition in the industry, the group had to restructure its business resources to enhance its market competitiveness based on the demand of strategic development. After careful analysis and discussion, the shareholders and the board of directors of the company regretfully decided to stop production and operation activities from October 26, 2020, and dissolve Stanley Shenzhen in advance.

According to the data, Stanley Shenzhen is a wholly-owned subsidiary of Stanley Black & Decker, an American enterprise, which mainly produces and operates electric tools, vacuum cleaners and accessories. Stanley Black & Decker is an old tool manufacturer, its predecessor is the Stanley works. In 2010, Stanley announced the merger with pater to form Stanley pater, which is now ranked 220th in the Fortune 500 2020.