Dongguan emerging industry LED is undergoing a reshuffle.
On December 24, the listed company Lihe shares issued a notice saying: Dongguan Fuxincheng Hardware Machinery Co., Ltd. (hereinafter referred to as Dongguan Fuxincheng) invested 4 million yuan, relying on Shenzhen Tsinghua University Research Institute LED technology to establish Zhuhai Huaguan Optoelectronics Technology Co., Ltd. (hereinafter referred to as Huaguan Optoelectronics Co., Ltd.) was established for three years due to operating losses and was dismissed by the court.
On December 25th, China's leading LED company Dongguan Qinshang Optoelectronics Co., Ltd. (hereinafter referred to as Qinshang Optoelectronics Co., Ltd.) signed a contract with China Knowledge and Technology Center in Guangzhou, China, and set up a research and development center and sales headquarters to become a knowledge-based economic highland with global influence. .
LED can directly convert electricity into electricity, and is widely used in the emerging industries of street lighting and television display. After the early blind development, the company lacking technology and capital chose to flee, and the market is focusing on a few leading manufacturers.
Huaguan Optoelectronics is expected to lose 5.2 million yuan this year
On December 24, the listed company Lihe shares issued a major lawsuit announcement: Subsidiary Zhuhai Huaguan Electronic Technology Co., Ltd. (hereinafter referred to as “Huaguan Electronicsâ€) received the notice of acceptance of the case from Zhuhai Intermediate People's Court, and the court decided to accept the case. Huaguan Electronics v. Zhuhai Huaguan Optoelectronic Technology Co., Ltd. Dissolved the dispute. Dongguan Fuxincheng was the third person in the case.
Dongguan Fuxincheng Co., Ltd. is located in Changan, a famous mechanical hardware mold town in China. It is a machinery manufacturer integrating R&D, design, manufacture, sales and service, and has a certain scale strength in China. In 2007, due to the optimistic LED industry prospects, the company invested 4 million yuan, and Huaguan Electronics jointly established Huaguan Optoelectronics in Zhuhai, with a registered capital of 10 million yuan, and Dongguan Fuxincheng holds 40% of the shares.
Three years after the establishment of the company, Huaguan Electronics stated that Huaguan Optoelectronics has suffered from the lack of independent and mature products, and its research and development scale and investment have exceeded the company's ability to withstand. The management and management have experienced serious difficulties and have been in a state of loss. Huaguan Electronics has been a major shareholder. A lot of support was given, but the company’s operating conditions have not improved.
As of November 30, 2010, Huaguan Optoelectronics had total assets of 2.668 million yuan and total liabilities of 3,753,900 yuan. It is estimated that the loss in 2010 will be about 5.2 million yuan. Deciding to implement liquidation procedures for the company in accordance with the law can minimize the loss of shareholder investment.
Yesterday, Dongguan Fuxincheng executives have not commented on the failure of this investment because they are not on the company.
Qinshang Optoelectronics settled in Guangzhou Knowledge City
"I don't have a specific survey data here, but as far as I know, LED street light companies do have losses." Quan Jian, president of the Guangdong Lighting Association, said. Faced with the dilemma of the LED street lamp industry, many companies choose to flee, which will make the LED street lamp market concentrated to a few large manufacturers.
Dongguan Qinshang Optoelectronics is such an LED faucet manufacturer that was developed and expanded by small businesses in the early days. Li Xuliang, the founder of the company, said that because there is no experience to learn from, all technological breakthroughs must rely on the stones to cross the river.
"Without the lack of financial support, most LED companies are struggling." Dongguan Qinshang Optoelectronics cooperated with Tsinghua University. In 2007, it won the biggest venture capital institution in China, Shenzhen Innovation. Invest tens of millions of dollars in venture capital. In the past three years, it has attracted nearly 600 million yuan of venture capital, including the Shenzhen Innovation Investment TBEA and Wanxiang Group, which are well-known in the industry.
On December 25, at the inauguration ceremony of the Guangzhou Knowledge City Management Committee in Singapore, China, Qinshang Optoelectronics as a knowledge-based technology project and the Jingdong Mall Internet of Things, etc., signed a contract with the Knowledge City, Qinshang Optoelectronics will set up a research and development center and sales center in Guangzhou Knowledge City. .
"We bought her future." Li Xuliang said that entering Guangzhou Knowledge City is a landmark event for Qinshang Optoelectronics to continue to consolidate its leading position in LED. Guangzhou Knowledge City is a strategic landmark project between Guangdong and Singapore. With a total planned population of 500,000 people, the project plans to build a knowledge city into a knowledge economy highland that leads the development of China's knowledge economy and has global influence through 20 years of hard work. Ecological, international and innovative urban areas.
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