Recently, some media have questioned, "Qin Shang Optoelectronics passed the huge purchases in 2010 and 2011 by its company, Guangdong Pinshang Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Pin Shang Optoelectronics") to transfer profits, and inflated the first half of 2011. The performance achieved a successful listing at the end of 2011." Li Xuliang, chairman of Qinshang Optoelectronics, told reporters that Pinshang Optoelectronics is only one of the company's factory incubation plans. The two sides are only commercial customer relations, and the company has never really invested. “Pinshang Optoelectronics is a wholly-owned subsidiary of Qinshang Optoelectronics. "Nothing to talk about." The media has publicly asserted that the company “is suspected of fraudulent listing†in the absence of basic factual evidence, and it is even more malicious.
It is understood that the "factory incubation" plan is one of the business models that diligently launched to break local protectionism and expand the LED lighting market. The key points of cooperation are: partners are responsible for funding, expanding local markets and project operations, and diligently Optoelectronics does not inject capital into the incubator and is responsible for outputting products (or core modules), technical and engineering solutions. Li Xuliang said that Pinshang Optoelectronics is the company that has been incubated in the embryonic stage of the “factory incubation†program. Qinshang Optoelectronics only provides compensation services such as factory construction guidance, exhibition construction guidance, production guidance and other commercial support to the incubator. And after the completion of the sale of lighting products, core lighting modules and lighting engineering solutions, all of which are in the scope of normal business cooperation.
Qinshang Optoelectronics Co., Ltd. is a leading enterprise in the field of LED lighting applications in China. It has undertaken research projects for national key projects such as “National 863 Programâ€, “National Twelfth Five-Year Science and Technology Support Project†and “National Ministry of Industry and Information Technology Semiconductor Lighting Industrialization Funding Projectâ€. Successfully won the bid for the LED lighting energy-saving renovation project of the People's Hall and the surrounding facilities, the 60th anniversary of the National Day military parade, the large-scale LED display project, the Shenzhen landmark Jingji 100 lighting and indoor lighting project, the 120-kilometer Shenzhen highway LED street light and tunnel light Lighting engineering and other three ministries and commissions such as the National Development and Reform Commission "2012/2013 financial lighting product financial subsidy promotion project", brand, technology, products and services have been widely recognized and affirmed by the market and customers.
In response to the content of the media reports, Weishang Optoelectronics Secretary Wei Li responded that in the connection with some local government projects, the local government is very concerned about the brand on the diligent, and hopes to invest in the local industry. The statement of spending 600 million yuan to set up Guangdong Pinshang Optoelectronics Co., Ltd. in Guangzhou (Meizhou) Industrial Transfer Industrial Park is only the intention of business contact. "Actually, whether Pinshang Optoelectronics is a diligently controlled subsidiary should be based on legal documents."
Wei Li said that in the “factory incubation planâ€, local enterprises are mainly responsible for capital investment and local market development. Some cooperative enterprises will set up corresponding companies to cooperate in order to better connect with related projects. . After the cooperation project is completed and the corresponding profits are obtained, some of the original specialties are not in the LED lighting field, and may be transformed into operations to end the related LED business.
In addition, Qinshang Optoelectronics' stock price has not been affected by rumors, the stock closed at 11.68 yuan yesterday, up 1.57%. As of midday today, Qinshang Optoelectronics reported 11.85, up 1.46%.
[This article comes from the submission of Qinshang Optoelectronics. The texts and opinions in the text do not represent the position of Gaogong LED . Readers need to verify the relevant content by themselves]
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