Shenzhen Sinolight Optoelectronics Closed down

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.

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