Capital Dynamics | Beneficial Shareholding Company Impacts New Third Board Wanrun Technology to “Do Not Increase Income”

[Text / high-tech LED Huang Yaping] Shiyida shares in the company's electric technology shocked the new three board

On October 29, Shiyida (002137) issued a notice stating that the company's shareholding company, Power Ming Technology, recently received the “Notice of Acceptance” issued by the National Small and Medium Enterprise Share Transfer System Co., Ltd. The application materials for the listing of the share transfer system have been accepted.

According to the announcement, the registered capital of the company is RMB 30 million, and the beneficial shareholding is 10% of the total share capital of the company.

It is understood that the company has more than 10 years of LED product development, production and sales history. At present, it is one of the largest high-tech enterprises in the domestic LED industry. The company specializes in R&D, manufacturing, sales and system integration of LED related products such as highway display, commercial application display, lighting and lighting engineering.

China Optoelectronics Holdings failed to acquire LED business agreement

On October 29, China Optoelectronics Holdings (01332.HK) issued a notice stating that the agreement to acquire the entire equity interest in the LED business, High Gear Holdings Limited, at a consideration of 496 million yuan has lapsed because the expected conditions of the Association will not be met. Achieved before the final deadline.

It is reported that High Gear Holdings Limited is mainly engaged in the research and development, production and distribution of LED epitaxial wafers and display chips, backlight chips, high-brightness high-power lighting chips and semiconductor lighting products in China.

The company will continue to identify and explore projects with growth potential in the “green” business and investments (including but not limited to LED lighting business) for acquisition.

Wanrun Technology's net profit decreased by 2.85% in the first three quarters

On October 30, Wanrun Technology (002654) released the third quarterly report. The report shows that the company's total operating income in the third quarter reached 216 million yuan, an increase of 69.59% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 12.407 million yuan, an increase of 38.66% over the same period of the previous year. From January to September 2015, the company realized operating income of 554 million yuan, an increase of 38.69% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 33.142 million yuan, a decrease of 2.85% over the same period of the previous year.

During the reporting period, the main reason for the change in performance of Wanrun Technology was due to the inclusion of the above-mentioned consolidated statement.

At the same time, Wanrun Technology announced that the company's stock has been suspended since the market opened on July 3, 2015 due to major issues.

Up to now, the company has completed the program demonstration, due diligence, pre-audit and pre-assessment of this major asset restructuring project. The company is stepping up the organization of independent financial consultants, legal consultants, accounting firms and asset appraisal institutions. Carry out the final argument and improve the application materials.

In order to ensure the truthfulness, accuracy and completeness of the information submitted and disclosed in this reorganization, and to ensure the smooth progress of this restructuring, the company's shares will continue to be suspended from the opening on October 30, 2015.

Dehao Runda's major event suspension

On October 30, Dehao Runda (002005) announced that the company's stock was suspended from the opening of the market on August 26, 2015 due to the planning of major assets and equity acquisitions.

Up to now, the company's purchase of assets from a foreign company is still negotiating on the planned schedule. Except for the non-disclosure agreement, the company and the asset seller have not signed any written agreement on the sale of the assets. The final agreement between the two parties is still uncertain. Sex.

In view of the uncertainties in the above major acquisitions, the company's shares will continue to be suspended from the market opening on October 30, 2015.

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