This June, when Mr. Chen, a supplier from Jiangxi, claimed payment from Zhuhai Sanchu Optoelectronics as agreed, but he was told “no money”. And he found that about 30 suppliers were collecting debt due to payment delaying.
 
Suppliers reported the company for suspected fraud to the public security. According to statistics, there are more than 30 suppliers are owed for a total of RMB 1.9m.
 
According to Mr. Jing, the legal person of Sanchu Optoelectronics, the company had no choice but to delay the payment of suppliers. Since April, the company had turned into profit and paid more than RMB 700,000. The company has made a payment plan and is preparing the money. The company didn’t cheat the suppliers and resell the raw materials at a low price.
 
At present, the public security has issued an investigation and taken down the testimony of suppliers. Two concerned departments of Jinwan District and Jinwan Town are also actively collaborating on the investigation.