News: Aihua Group / Hongli Zhihui / Jin Laite / Snow Wright / Crystal Photoelectric happened...

In March, spring blossoms, a season full of "hope."

On the afternoon of March 8, the 17th Audit Committee of the CSRC held the 41st hearing of this year, and Foxconn Industrial Internet Co., Ltd. was first approved. From February 1st, the date when the Foxconn prospectus report was submitted, it will only take 36 days to create a new speed for the A-share IPO.

Looking at the LED circle, from March 8 to 9, the two days of LED listed companies have also happened a lot. For example, Aihua Group's holding subsidiaries have been recognized by high-tech enterprises; Crystal Optoelectronics has invested in foreign-invested joint ventures; Hongli Zhihui has obtained land certificates; Jin Laite's directors Liu Dexiang and Sun Ying resigned...

Aihua Holdings subsidiary passed the high-tech enterprise certification

On March 8, Aihua Group (603989) announced that the company's controlling subsidiary, Yiyang Aihua Fuxian Electronics Co., Ltd. (hereinafter referred to as “Aihua Fuxian”) received science and technology from Hunan Province on March 6, 2018. The High-tech Enterprise Certificate jointly approved and issued by the Department of Finance, Hunan Provincial Department of Finance, Hunan Provincial State Taxation Bureau and Hunan Provincial Local Taxation Bureau, certificate number: GR201743000775, date of issuance: December 1, 2017, validity period is 3 year.

According to the "Enterprise Income Tax Law of the People's Republic of China" and the relevant provisions of the state's relevant tax incentives for high-tech enterprises, Aihua Fuxian enjoys the national tax preferential policy for three consecutive years (2017 to 2019). Corporate income tax is payable at a 15% tax rate.

Crystal Optoelectronics invests in a joint venture company

On March 8th, Crystal Optoelectronics and its holding subsidiary Zhejiang Taijia Electronic Information Technology Co., Ltd. (hereinafter referred to as “Taijia Electronics”) intends to jointly establish a Sino-foreign joint venture Zhejiang Jingte with SCHOTT AG (hereinafter referred to as “Schott”). Optical Technology Co., Ltd. (hereinafter referred to as "Site Optics").

The registered capital of Jingte Optics is planned to be RMB 135 million, of which the company contributes RMB 45.9 million and the shareholding ratio is 34%; Tai Jia Electronics contributes RMB 33.75 million, and the shareholding ratio is 25%; SCHOTT contributes RMB equivalent Foreign currency of 55.35 million yuan, holding 41%.

As the company holds 80% of the shares of Taijia Electronics, the company actually holds 54% of the shares of Jingte Optics, which is its controlling shareholder.

Hongli Zhihui Subsidiary obtained land certificate

On April 24, 2017, Hongli Zhihui Group Co., Ltd. (hereinafter referred to as “the company”) held the 16th meeting of the third board of directors, and reviewed and approved the “Proposal on Agreeing the Investment Intention of Subsidiary Projects”. Agree to the subsidiary Dongguan Liangyou Hardware Products Co., Ltd. (hereinafter referred to as “Liangyou Hardware”) and Dongguan Jincai Hardware Co., Ltd. to invest in the Liangyou Electronic Project in Dalingshan Pianshan Industrial Park, Dongguan City for RMB 500 million. On December 25, 2017, the company issued the “Announcement on the Investment Intention of Subsidiary Project Investment and the Contract of the Subsidiary to Sign the Land Use Right Transfer”.

On March 9, Hongli Zhihui announced that recently Liangyou Hardware received the "Property of the People's Republic of China" issued by the Dongguan Municipal Bureau of Land and Resources, the specific contents are as follows:

1. The specific content stated in the land certificate

1. Certificate number: NOD44520428947

2. Rights holder: Dongguan Liangyou Hardware Products Co., Ltd.

3. Located in the connecting ring of Dahuan Village, Dalingshan Town, Dongguan City

4. Real estate unit number: 441915012001GB00220W00000000

5. Right type: the right to use state-owned construction land

6, the nature of rights: transfer

7. Use: Industrial land

8. Area: parcel area 21, 650.40 square meters

9. Term of use: The period of use is until January 10, 2068.

Second, the documents for reference

The "Protection of the People's Republic of China" (certificate number NOD44520428947) is hereby announced.

Jin Laite Director Liu Dexiang and Sun Ying resigned

On March 9, Jin Laite issued a notice saying that the board of directors recently received a written resignation report from Mr. Liu Dexiang, the director of the company, and Mr. Sun Ying, the director: Mr. Liu Dexiang requested to resign from the position of director, board secretary and nomination committee of the board of directors due to personal development reasons. After that, he no longer held any position in the company; Mr. Sun Ying requested to resign as a director due to work adjustment reasons. After resigning, he still held the position of deputy general manager in the company.

The resignation of Mr. Liu Dexiang, the director, and the resignation of Mr. Sun Ying, the director, resulted in the number of board members of the company being lower than the legal minimum. The resignation report of the above two directors will take effect after the next director fills the vacancy caused by his resignation.

Before the resignation report takes effect, Mr. Liu Dexiang and Mr. Sun Ying should continue to perform their duties as directors in accordance with the relevant laws, administrative regulations and the company's articles of association.

Mr. Liu Dexiang resigned from the post of secretary of the board of directors from the date of his resignation report delivered to the board of directors. The board of directors appointed by the board of directors and general manager Wang Defa acted as the secretary of the board of directors during the vacancy of the board secretary.

The board of directors of the company expressed deep gratitude to Mr. Liu Dexiang and Mr. Sun Ying for their hard work during their tenure as directors! The company will convene a general meeting of shareholders to elect new directors as soon as possible.

Snow Wright expects Q1 net profit to increase 60% to 100% year-on-year

On March 8, Shellett issued a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to March 2018 to be 12.70 million to 15.4632 million, a year-on-year change of 60.00% to 100.00%. The average net profit growth rate of other electronics industries is 38.99. %.

The company made the above prediction based on the following reasons: The company's main business continued to improve, LED lighting and charging pile business achieved rapid growth.


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