Its net assets are only 300 million yuan guaranteed to invest 2.8 billion yuan in 5 years
The actual controller of Lianchuang Optoelectronics has changed hands. The company has been replacing the Jiangxi Provincial State-owned Assets Supervision and Administration Commission (SASAC) as the actual controller of the company. Can Lianchuang Optoelectronics make a system change through actual controller changes, and then “gloriously turn around�
èµ£ è”åˆ 9.8 billion to take over
Recently, Lianchuang Optoelectronics disclosed the “Equity Change Report†on the actual controller change. The announcement shows that on November 5, the Jiangxi Provincial State-owned Assets Supervision and Administration Commission and the merchants jointly signed a transfer contract for the 100% equity of Jiangxi Electronic Group Co., Ltd. (hereinafter referred to as “Jiangxi Electronicsâ€) after the divestiture, and the equity transfer price was 98,267,100 yuan. After the completion of the acquisition, the company will indirectly hold 20.41% of the shares of Lianchuang Optoelectronics through Jiangxi Electronics and become the indirect controlling shareholder of the company.
It should be noted that Jiangxi Electronics holds 75,692,100 shares of Lianchuang Optoelectronics. According to the closing price on Friday, the market value exceeds 1 billion. Only this asset exceeds the equity transfer price.
In addition to the transaction price, the company has also made relevant commitments and guarantees: the control of Jiangxi Electronics and Lianchuang Optoelectronics will not be allowed for at least 10 years after the transfer of the equity; within 5 years after the acquisition of control, the guarantee will be through different financing. The funds needed to raise key projects for the development of Jiangxi's major electronic sectors are more than 2.8 billion yuan, of which the first three years have invested more than 1 billion yuan in Jiangxi's electronic LED, cable and special communication projects, and the sales revenue of Jiangxi Electronics has reached 100 in 5 years. More than 100 million yuan.
èµ£ è”åˆ joint continuous loss
What is the sacred union of the merchants and can make such a big commitment?
According to public information, the company was established in February 2009 with a registered capital of Shanghai and a registered capital of 350 million yuan. The legal representative Deng Kaiyuan is the actual controller of the company. It indirectly controls 34% of the shares of the company through Shanghai Kaitian Industrial Investment Co., Ltd. and Shanghai Kaiyi Economic and Trade Co., Ltd. (19% and 15% respectively). Relative holding position. Deng currently serves as the president of the Shanghai Jiangxi Chamber of Commerce, the Standing Committee of the Shanghai Youth Federation, and the Deputy Secretary-General of the Shanghai Medical and Health Youth Federation.
What is incredible is that the joint business scope of the merchants is involved in industrial investment, real estate development and operation, domestic trade, etc., and has nothing to do with the related industries mentioned by Jiangxi Electronics. It is called “outside the Hanâ€.
What is even more remarkable is that the joint venture has been losing money continuously: the net profit in 2009 was -5 million yuan; the loss in January-August 2010 was 1,863,200 yuan. As of August 31, 2010, the company's net assets were approximately 343 million yuan. The above two periods of data are audited financial data.
Why can the alliance of the merchants be in place?
“The actual controller is easy to master and slightly subtle. The market consensus is that the new controller is a company engaged in related fields. From the existing assets of the company, there is no relevant assets, and the non-LED related fields are slightly lower. In the market expectation." Hong Kong Securities analyst Yan Jian has been tracking the changes in the actual controller of Lianchuang Optoelectronics.
It is understood that the data of the continuous loss of the company is real data, it is an investment company, and we do not know what the specific situation is. A staff member of the company's securities department said: "No matter what kind of company enters, the preconditions for the transfer of equity by the SASAC must be promised."
"The listing price of Jiangxi Electronic Equity is only 780 million yuan, which is obviously undervalued and profitable. Therefore, the bidding process is fierce. The merger of the merchants is relatively early to know that the equity listing is also carefully planned. The final bid is to follow Deng Kaiyuan's Jiangxi. The geographical background and personal connections have a great relationship.†A person who touched the equity transfer said: “The hard conditions for equity transfer must be observed, and the ambiguous soft constraints depend on the situation after the transfer. The hard conditions for girls to propose, dowry and bride price are sure to be given, and as for the situation after marriage, it is another matter."
It is worth mentioning that the transfer of equity needs to be approved by the Jiangxi Provincial Government and the State-owned Assets Supervision and Administration Commission of the State Council.
PCB Prototype
Introduction
What is PCB prototype and why use a PCB prototype
Prototype to production: Building your first PCB prototype (prototype Printed Circuit Board) ... PCBs (Printed Circuit Boards) are the heart and brains of every product that turns on, plugs in, or lights up. They contain electrical components that determine the behavior of your product, and come in all shapes and sizes.
Prototyping your PCB beforehand can help you avoid such a situation. Engineers use prototype PCBs early in the design process to test the functions of a PCB-based solution. They often order multiple runs of prototypes to test redesigns or test a single function before moving on to a more complex design.
What Are the Benefits of Circuit Board Prototyping?
We recommend you PCB prototyping service for function testing of new products prior to making a commitment to a full-production run. Benefits of developing PCB Board prototype include:
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Order low-quantity production runs featuring a MOQ of only five boards if necessary - Save money and reduce risks by putting off your big orders until you know you have the type of boards you want.
Benefit from lower production tolerances - It offers a clear indication of how well your PCB will perform
Once your prototype boards have demonstrated their ability to meet your quality and performance requirements, you are ready for a full production run. Then we will transition from PCB Prototype Board service to Standard PCB service, which provides tighter production tolerances and more advanced options, including a free Design for Manufacture (DFM) check that is capable of detecting potential issues that could reduce the quality of your PCB.
While it may be tempting to simply order your full printed circuit boards and decide you`ll deal with any design flaws that arise as they come, it`s rarely the most efficient solution. You may get the boards out sooner, but if something goes wrong, it could prove to be a lot costlier and more time-consuming than taking an extra few days to test a prototype.
Save Time and Money in the Long Run With PCB Rapid Prototyping Services from JHY PCB
PCB prototyping is the best practice method used world-wide to verify the quality of a design before proceeding. In the past, some companies may not have had time to develop a Prototype PCB , wait for the assembler to put that PCB prototype together and then test it. However, thanks to the rapid PCB prototyping offered by JHY PCB, this is no longer an issue. You can send in your prototyping PCB board design and have a Fast PCB Prototype in a week or less, giving you plenty of time to test your PCB Prototype Board to fully prepare for your regular production run.
PCB Prototype & PCB Fabrication Manufacturer and service
What is PCB fabrication?
Printed Circuit Board (PCB) fabrication is the assembly method for circuit boards used in electronic and computer devices. The layers of the board are put together along with the specific surface pattern so it can be used in electronics manufacturing.
JHY PCB, China pcb manufacturer offers PCB prototype and fabrication service with 100% quality guarantee, offers 24 hours Quick Turn PCB prototype and Reliable small-batch PCB (Low Volume PCB Prototyping) production, affordable price and best service.
Prototype PCB Service vs. Standard PCB Service
Use pcb prototype service when you want:
Boards for design review or preproduction quality testing - Our PCB prototype service is the perfect way to make sure there are no errors in your design before moving into mass production.
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Boards with eight or fewer layers - Because we are trying to get your boards back to you as fast as possible, we offer rapid PCB prototyping for boards with no more than eight layers.
FR-4 boards - Your printed circuit board prototype will come on standard FR-4 material.
Quality standard IPC1 boards
Use Standard PCB service if you need:
Boards for full production - Once you know that your design works, you can contact us for standard PCB service for full production for use in your applications.
Slightly longer turnaround time - Since these are the boards you will actually be using, it takes a little longer to make sure we get everything just right. However, now that you have tested the design, you can go right into your projects once you get your boards.
Boards with up to 9-32 layers - We have much more flexibility with materials and layers once we have the time to develop your full boards.
FR-4, Aluminum PCB , Metal Core PCB , Flexible PCB , Rigid Flex PCB , Double Sided PCB , PCB Stencil , or other types of boards.
Quality standard IPC2 boards
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JHY PCB can produce Fast PCB Prototype correctly & quickly& cost-effectively. Various options of lead time can be offered, such as 24 hours,48 hours,72hours, etc. We always make our promise happen! Once you release first Prototype Board order, you will find out that we are the right partner you are looking for.
Advantages
- Discover potential design errors in the beginning.
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- Lower cost.
- Flexible reaction.
Please see what we can do in our PCB Prototype Board manufacturing capability below. Prompt reply will be offered for your any questions. Accurate quotation will be subject to your Gerber, specifications and delivery time.
|
Item |
Manufacturing Capability |
|
Number of Layers |
1 - 8layers |
|
Order Quantity |
5pcs - 100pcs |
|
Laminate |
FR-4 Standard |
|
Maximum PCB Size(Length x Width) |
600*1000mm |
|
Board Dimensions tolerance |
±0.1mm - ±0.3mm |
|
Board Thickness |
0.4mm - 4mm |
|
Board Thickness Tolerance |
±0.1mm - ±10% |
|
Copper Thickness |
1-6OZ |
|
Min Tracing/Spacing |
2mil/2mil |
|
Solder Mask Color |
Green, White, Blue, Black, Red, Yellow |
|
Silkscreen Color |
White, Black |
|
Surface Finish |
HASL, LF HASL, ENIG |
|
Test |
Flying probe, Testing Fixture |
Additional Information
Prototype Metal Core PCB
PCB Prototype Manufacturing Capability
Double Sided PCB Board Prototype
HDI Technology PCB Prototype
Metal Core PCB Prototyping
Prototype PCB SMT Stencils
Rigid Flex PCB Prototype
PCB Prototype
Prototype PCB,Prototype Board,PCB Prototype Board,Custom PCB Prototype
JingHongYi PCB (HK) Co., Limited , http://www.pcbjhy.com