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No investment in May, and sadness in June. Recently, the LED industry has experienced a wave of high tides. The companies that have not yet listed have sharpened their swords, and the IPOs are listed. The listed companies are also chasing after the investment.
Xinhai Yizi Company signed a 5.85 million yuan procurement cooperation agreement with Changfang Lighting. Xinhaiyi announced that the company received the notice of its holding subsidiary Suzhou Xinnajing on May 5, 2014. Xinnajing and Shenzhen Changfang Semiconductor Lighting Co., Ltd. The company signed a “2014 Strategic Purchasing Cooperation Agreement†in Suzhou for a period of nine months with a monthly contract amount of RMB 5.85 million. From April 01, 2014 to December 30, 2014, Changfang Lighting purchased a chip with a total price of RMB 5.85 million from Xin Najing every month. Changfang Lighting will issue a monthly purchase contract to Xinnajing at least 30 days in advance, and Xinnajing will be responsible for delivery according to the quality of Party A's procurement contract.
Xin Najing is a subsidiary of Xinhaiyi 90. It is mainly engaged in research and development of LED technology, production and sales of LED epitaxial wafers and chips. Xinhaiyi said that the total amount of corresponding contracts accounted for the annual revenue of Xinnajing in 2013 after the audit. 163.02. The performance of this contract will have a positive impact on the continued growth of Xin Najing and Xin Haiyi's 2014 results.
Hongli Optoelectronics has invested 70 million yuan to increase its subsidiary. The company has held a meeting on May 5, 2014, and reviewed and approved the “Proposal on Capital Increase to wholly-owned Subsidiariesâ€:
In order to further enhance the business expansion capabilities and financial strength of the company, we will achieve sustainable and healthy development. The company used its own funds to increase the capital of the wholly-owned subsidiary to RMB 70 million. After the completion of this capital increase, the registered capital of Zhongying Gongyuan increased from RMB 30 million to RMB 100 million.
Hongli Optoelectronics stated that this foreign investment does not constitute a connected transaction, nor does it constitute a major asset restructuring act as stipulated in the Measures for the Administration of Major Asset Restructuring of Listed Companies.
Jingsheng Electromechanical: plans to invest 36 million yuan to set up a subsidiary to launch sapphire cutting on May 8, 2014. The company plans to invest in Zhejiang Jingrui Electronic Materials Co., Ltd. in Shangyu District, Shaoxing City, Zhejiang Province through the use of super-raised funds. The registered capital is 36 million yuan. As a main body of implementation, Jingrui Electronics will construct and operate a monthly production of 100,000 pieces of sapphire cutting and polishing projects.
Dongshan Precision LED and other projects are put into production in three months. It is estimated that the output value of 2014 will exceed 700 million yuan in Dongguan Dongshan Precision Manufacturing Co., Ltd., which is a major project in Dongguan. It will invest 700 million yuan to set up a production base in Gaochun. The project will only use 3 from signing to production. Month time. It is reported that the project integrates LED, light guide plate, stamping and backlight module. It is estimated that the output value in 2014 will exceed 700 million yuan.