[High- tech LED reporter report] On December 30, Zhou Ming Technology (SZ.300232) issued a notice stating that the company decided to terminate the "Shenzhen (Xiangming) signed with Tieling Direction Group Electronic Technology Co., Ltd. in Shenzhen on August 18 this year. ) Energy Technology Co., Ltd. investor agreement, and signed the "Contract Dissolution Agreement" to remove relevant rights and obligations.
According to the agreement signed by the two parties, Zhouming Technology invested 24.5 million yuan (own funds) in currency, accounting for 49% of the total investment, accounting for 49% of the shares of Xiangming Energy. The direction group invested 25.5 million yuan in currency, accounting for 51% of the capital contribution; the proportion of shares in Xiangming Energy was 51%.
After the signing of the contract, the two parties carried out the promotion work in accordance with the agreement of the "Investor Agreement". However, in the subsequent preparatory process, the parties involved in the agreement, due to some agreements agreed to protect EMC implementation of the effective assets provided by the partners as collateral guarantees, and the third-party financial institutions to implement the EMC project financing conditions are not mature, resulting in The timing of fulfilling the "Investor Agreement" is not mature.
Lin Yifeng, chairman of Chau Ming Technology, said in a telephone interview with Gao Gong LED reporter: "The EMC model is a win-win model for enterprises, manufacturers and manufacturers. However, since the current timing is not mature, we will start from signing the contract to terminating the contract. It has not been promoted to the outside world. At present, it has not continued to cooperate with other EMC model companies."
He also said that many companies in China still have EMC models, but few companies can succeed. The biggest reason is the follow-up payment issues involved in the EMC model, and manufacturers cannot ensure timely payment of accounts receivable.
According to the high-tech LED reporter, at present, some middle and upper reaches of the country and LED enterprises that transform LED lighting are limited by the short-term failure to quickly establish their own sales channels. Therefore, most of them hope to quickly open the engineering lighting market with the help of EMC mode.
In addition to Zhouming Technology, another listed company, Sanan Optoelectronics (SH.600703), announced in September this year that it has established a joint venture with five companies including Fujian Electronic Information (Group) Co., Ltd. and Fujian Fujing Technology Co., Ltd. to establish Fujian Province. Green Lighting Contract Energy Management Co., Ltd. (tentative name), the main business is to undertake green lighting contract energy management projects.
After the customer sees the energy-saving benefits, the company will share the energy-saving results model with the customers. “Because the specific implementation rules are not perfect and clear, many LED companies are on the verge of collapse, and it is difficult to become bigger and stronger.†Xiamen LED The promotion center said to any reporters, "In addition, the traditional lighting standards are based on continuous spectrum such as sunlight and incandescent lamps, and the light emitted by LEDs is monochromatic. The previous standards have certain limitations and need to be redefined. Standards can achieve large-scale industrial development of LEDs."
According to a survey conducted by the High-tech LED Industry Research Institute on nearly 100 domestic lighting companies, nearly 80% of enterprises do not recognize the EMC model. Among them, 42% of enterprises that do not recognize and never adopt the EMC model to promote LED lighting products are not recognized. Companies that have adopted the EMC model account for 37%, while companies that recognize the EMC model account for only 21%.
In the face of the huge LED lighting market, most companies have not placed too much expectations on the EMC model. 37% of enterprises are not optimistic about the EMC model after adopting the EMC model to promote LED lighting products. The main reason is that EMC first uses post-payment. The model leads to high project maintenance cost and long return period. It has strict requirements on product quality, enterprise technology and capital turnover capacity. In addition, the scale of the project is not large, and each period is a waste of a large amount of accounts receivable. energy. Some companies that have adopted 1-2 EMC models said that the use of EMC mode to promote LED lighting products is only for the purpose of promoting corporate image.
As of press time, today's Zhouming Technology (SZ.300232) closed at 16.01 yuan, a slight 1.65%.
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