"Thousands of thousands of households will be replaced by old ones." In the traditional festival of the Spring Festival, people are reunited and peaceful, enjoying the lively Spring Festival holiday.
It is worth mentioning that even during the Spring Festival, the LED industry continues to have big events “exposureâ€. Of course, there are joys and worries. Gaogong LED has summarized the big events happening in the 2018 Spring Festival holiday, to see which ones you ignored.
Business layout
01, Dehao Runda continues to suspend trading on the 26th
On February 26th, Dehao Runda issued an announcement on the suspension of major asset restructuring matters. The target of this transaction is an LED lighting manufacturing asset.
According to the announcement, the company has organized a major asset reorganization for the acquisition of an LED lighting manufacturing asset. After the company applied to the Shenzhen Stock Exchange, the company's stock (stock abbreviation: Dehao Runda, stock code: 002005) has been The trading was suspended on January 26, 2018.
Dehao Runda said that the company originally planned to disclose this major asset restructuring plan (or report) before February 26, 2018, but due to the large amount of work involved in the preliminary work of major asset restructuring, the specific content of the restructuring plan still needs Further discussion, argumentation and improvement, and the suspension of the Spring Festival holiday during the suspension period, the relevant work is difficult to complete within one month after the first suspension. In order to ensure the truthfulness, accuracy and completeness of the information disclosed in this major asset restructuring, to ensure the smooth progress of this major asset restructuring, to avoid abnormal fluctuations in the company's stock price and to safeguard the interests of investors, the company's stock will be applied by the company to the Shenzhen Stock Exchange. The trading will continue to be suspended on the opening of the market on February 26, 2018. It is expected that the suspension will not be suspended for more than one month.
02, Huacan 108 billion to build semiconductor and device projects
Huacan Optoelectronics announced on the morning of February 22 that the company and Yiwu Information Optoelectronics High-tech Industrial Park Management Committee (hereinafter referred to as “Park Management Committeeâ€) signed an investment in the construction of advanced semiconductor and device projects in Yiwu Information Optoelectronics High-tech Industrial Park. "Huacan Optoelectronics Advanced Semiconductor and Device Project Investment Framework Agreement".
The project includes: 1LED epitaxial and chip; 2 sapphire substrate; 3 UV LED; 4 infrared LED; 5microLED; 6 MEMS sensor; 7 vertical cavity surface emitting laser (VCSEL) 8 gallium nitride (GaN) based laser; Advanced semiconductor and device projects such as (GaN)-based power electronic devices, the total planned investment of the project is 10.8 billion yuan, and the total construction period of the project is expected to be 7 years.
According to the company, the signing of the agreement is in line with the company's strategic development needs, which will help to enhance the future development space and inject momentum into the company's future development. If the project is implemented smoothly, it will help the company's business development, provide support and guarantee for the company's sustainable development, and enhance the company's core competitiveness and industry influence by accumulating project construction and operation experience.
03, Hongli signed a strategic cooperation agreement for LED headlights project
On the evening of February 11, Hongli Zhihui issued an announcement on the 9th with Harmony Haoquan Investment Management (Beijing) Co., Ltd. (hereinafter referred to as “Harmony Haoji Investmentâ€) and Zhangjiagang Economic and Technological Development Zone Management Committee (hereinafter referred to as “ Zhangjiagang Management Committee"), Zhangjiagang City Yuefeng Jinchuang Investment Co., Ltd. (hereinafter referred to as "Yuefeng Jinchuang") signed the "Strategic Cooperation Agreement."
According to the content of the agreement, Harmony Haoji Investment (Management Company under IDG Capital), Zhangjiagang Management Committee, Hongli Zhihui, Yuefeng Jinchuang established a comprehensive strategic partnership, and carried out projects and capital levels around the LED lamp industry. Cooperation, integration and utilization of their respective resource advantages, promote the upgrading of products in the field of LED lights, aiming at improving the economic and social benefits of the Quartet and achieving mutual benefit and win-win results.
Hongli Zhihui said that if this agreement is successfully implemented, it can accelerate the company's LED package, LED lamp module and LED car assembly through the combination of endogenous growth and extensional expansion. The pace of development of the automotive lighting business will further expand market share, enhance the company's competitive advantage, and further strengthen the company's sustainable development capabilities and core competitiveness. At the same time, the introduction of investors holding more than 5% of the shares can optimize the company's shareholding structure. If this agreement is implemented smoothly, it is expected to have a certain positive impact on the company's business performance in 2018 and in the future.
04, LGD and Daimler signed a supply contract
According to reports, South Korea's LG Display Corporation announced that it will enter the automotive market in the next-generation lighting field using organic EL. As the first measure, LG Display signed a supply contract with Daimler of Germany, and has increased its lighting production capacity by 30 times, and strives to supply the Japanese-German auto giant. Some analysts believe that the lights will become the core of the OLED lighting market, and competition including Japanese companies will be fully developed.
Organic materials used in OLEDs allow light to be closer to natural light while consuming less energy and producing less heat. According to the company, the product is lightweight, transparent and flexible, and can be transformed into different shapes depending on the design.
Hot info
01. German sites prohibit the publication and sale of LED car lights
According to Hugo.com, the W5W, C5W and P21W LED car lights currently on the market do not meet the requirements of Germany and the European Union. The Kraftfahrt-Bundesamt - Federal Motor Transport Authority (KBA) has recently Ask eBay to ban non-compliant car lights.
From February 7, 2017, eBay Germany will ban the listing of car lights:
Auto & Motorrad: Teile > Auto-Ersatz- & -Reparaturteile > Lichter & Leuchten > Lampen & LED
Items that have been published in the above categories will not be removed, but German buyers will not be able to find and see related items on all eBay sites by searching.
02, Seoul Semiconductor wins the UK patent invalidation lawsuit
On February 20, Seoul Semiconductor Co., Ltd. (hereinafter referred to as "Seoul") announced that Seoul had already won the lawsuit against the patent invalidation filed by the British Patent Court against Everlight Electronics Industry Co., Ltd. (hereinafter referred to as "Yiguang").
The lawsuit in Seoul ultimately led to the invalidation of a patent EP(UK)1169735 patent relating to the heat dissipation structure of LED packages. Yiguang purchased the patent from a US company in 2017. Later, in the US Federal Court, the company filed a patent infringement lawsuit against Bridgelux, a competitor of the patent related to the patent.
Last year, Seoul filed a patent invalidation lawsuit against the above-mentioned Yiguang patent in the British Patent Court. After a series of intensive litigation procedures in the English courts, Everlight gave up the defense and admitted in court that its patents were invalid and was responsible for paying litigation costs in Seoul.
On February 14, 2018, the British Patent Court made a judgment based on Yiguang's self-identification, which determined that Yiguang's patent was invalid. At the same time, it also ordered Yiguang to pay Seoul about US$1 million (£712,247.10) in litigation costs.
03, Citizen was revamped product data and origin
On February 9, Japan’s Citizen Watch Company announced a report to the outside world, acknowledging that its subsidiaries had a large number of tampering with product test data and parts production. Japanese companies’ fraud scandals are spreading further.
According to the survey report, Citizen Electronics, a subsidiary of Citizen Watch Co., changed the test data of 21 LED parts products from April 2012 to December 2016, and changed the measured product life of 1000 hours to 6000 hours. In addition, the company changed the production area of ​​166 kinds of products and more than 1.3 billion parts produced by Chinese subsidiary factories to “Japan†and provided them to 119 customer companies for tampering in more than seven years before June 2017. The proportion accounted for 6.7% of the total number of products in the same period.
The alleged tampering with data and parts of the production includes LED equipment, switches and sensor equipment, mainly used in mobile phones and home appliances. Related issues Products may have flowed into overseas markets including China. At present, three senior executives such as the president of Citizen Electronics Co., Ltd. have been dismissed.
04. Changfang Group's internal control defects and inventory management are not in compliance
Recently, the Shenzhen Securities Regulatory Bureau announced the decision to take corrective measures against Shenzhen Changfang Group Co., Ltd.
The inspection found that your company's inventory management system was not effectively implemented. According to your company's inventory management system, the material management department should take inventory of the inventory at the end of each month and review it by the financial department. However, your company actually draws the inventory on a quarterly basis, and the draw ratio is only 20%. The difference was not verified and the impact was not accounted for.
In addition, the inspection found that your company's financial department and the business department lacked effective connection, and the actual inventory age and book age of some inventory did not match, but the financial department did not timely grasp and update the relevant information such as inventory age, quality status, and selling price.
Personnel change
01, Career Appoints Senior Vice President of Global Marketing
Recently, Cree announced the appointment of Thomas Wessel as Senior Vice President of Global Marketing. This appointment will take effect on February 19, 2018. Wessel will be directly responsible for Gregg Lowe (Core Rui), responsible for the sales and marketing of Wolfspeed Power and RF and Cree LED components business.
Thomas Wessel has more than 20 years of global sales and marketing leadership experience in the semiconductor industry and is involved in the automotive, industrial, electronics and communications markets. Prior to joining Cree, he worked at NanoSemi as Vice President of Sales and Marketing. Previously, he served as senior vice president of global sales and marketing for Analog Devices, leading the company for eight consecutive quarters of growth. He also held sales and marketing management positions at Texas Instruments and Atlantik Elektronik.
02, Netac Intelligence Completes Legal Representative Change
On February 8, 2018, Netac Smart held the 17th meeting of the second board of directors, deliberating and passing the "Proposal on Electing Ms. Chen Jing as the Chairman of the Board of Directors". According to the relevant provisions of the Articles of Association, the chairman of the board is the legal representative of the company.
Recently, the company has completed the industrial and commercial registration procedures for the change of the legal representative and obtained the "Business License" issued by the Shenzhen Municipal Market Supervision Administration. After this change, the legal representative of the company was changed from “Liu Xianwu†to “Chen Jingâ€. Other business registration matters remain unchanged.
03, Fei Le audio Dong Mi exchange
On February 10th, Feile Audio announced that the company’s deputy general manager and secretary of the board of directors, Ms. Zhao Kailan, had ceased to serve as deputy general manager and secretary of the board of directors because she had reached the statutory retirement age.
The board of directors of the company expressed sincere gratitude to Ms. Zhao Kailan for her contribution to improving the company's standard operation level and promoting the scientific decision-making of the board of directors during her tenure.
According to the nomination of Mr. Jin Gang, the chairman of the company, and approved by the Nomination Committee of the Board of Directors, the board of directors agreed to hire Mr. Ye Pan as the secretary of the company's board of directors, and the term of office is consistent with the current board of directors.
Three new board
01, LED lighting business green bright shares listed new three board
Luliang shares announced that the company will be publicly listed on the national share transfer system on February 7, and the transaction method will be transferred by collective bidding. The sponsoring brokerage is Jianghai Securities Co., Ltd.
The main business of Luliang is the R&D, production and sales of LED lamps and the processing and sales of PCB and PCBA products. The company has been committed to the research and development, production and sales of LED lighting products.
After years of research and development and production experience, it has mastered the design, development and production process of LED lamps, and has 6 inventions, utility model patents and a number of non-patent technologies.
02, Zero Benyang Optoelectronics Xideng New Third Board
On February 22, Shenzhen Zero Benyang Optoelectronics Co., Ltd. was publicly listed on the national share transfer system and officially listed on the new three board. The trading method adopts the collective bidding transfer, and the sponsoring brokerage is Guorong Securities.
Zero Benyang's main business is the development, production and sales of LED lighting applications. The company is a provider of LED advertising logo lighting solutions, mainly engaged in the research and development, production and sales of LED lighting applications. The main products are LED modules and LED strips. The products are mainly located in the middle and high-end market, focusing on the fields of logo lighting, indoor and outdoor lighting, landscape lighting and so on. The company's main products have passed various domestic and international quality certifications such as UL, CE, RoHS, TÃœV, etc., and have a number of independent LED product patents.
Government subsidies
01, Maoshuo Power's progress in obtaining government subsidies
On February 12, Maoshuo Power announced that it received the notice from the Shenzhen Science and Technology Innovation Committee about the second batch of enterprises to be funded by the 2017 Enterprise Research and Development Funding Scheme. According to the Shenzhen Science and Technology Innovation Committee, the company and its subsidiaries The company Shenzhen Maoshuo Electronic Technology Co., Ltd. and Shenzhen Maoshuo Electric Co., Ltd. are in compliance with the second batch of enterprises to be funded by the 2017 Enterprise Research and Development Funding Scheme. The total amount of subsidies for this project is RMB 2.935 million.
Recently, Maoshuo Electronics has received the remaining government subsidy of 1.033 million yuan; as of the date of this announcement, the government subsidy of 2.935 million yuan obtained this time has been fully in place.
02, Huacan Optoelectronics wholly-owned subsidiary received government subsidies
On February 12, Huacan Optoelectronics announced that Lanjing Technology (Yiwu) Co., Ltd., a wholly-owned subsidiary of the company, recently received the management committee of Yiwu Information Optoelectronics High-tech Industrial Park, “On the allocation of Blue Crystal Technology (Yiwu) Limited The documents of the company's first batch of equipment subsidies (Yi Gaoxin [2018] No. 13) agreed to allocate the first batch of equipment subsidy of Lanjing Technology (Yiwu) Co., Ltd. to RMB 6,515,500, and the subsidy has been paid.
On February 13, Huacan Optoelectronics announced that Huadian Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary of the company, recently received the management of Zhangjiagang Economic and Technological Development Zone Management Committee for the procurement of core equipment of Huacan Optoelectronics (Suzhou) Co., Ltd. The document of the approval of the subsidy (Zhang Jing Guanfa [2018] No. 2) agreed to allocate the first batch of core equipment purchase subsidy funds of Huacan Optoelectronics (Suzhou) Co., Ltd. in 2018, which amounted to RMB 100 million. The subsidy has been paid.
03, Hongli Zhihui Subsidiary received government subsidies
On February 12, Hongli Zhihui announced that the company's subsidiary Jiangxi Hongli Photoelectric Co., Ltd. (hereinafter referred to as “Jiangxi Hongliâ€) recently received a government subsidy of RMB 1,512,290, as follows:
To support the development of the company, on February 11, 2018, Jiangxi Hongli received an industrial support fund of RMB 15.1229 million issued by the Finance Bureau of Nanchang Airport Economic Zone.
04, Mulinsen subsidiary received government subsidies
On February 13, Mulinsen issued a notice saying that the wholly-owned subsidiary Yiwu Mulinsen Lighting Technology Co., Ltd. received the investment and construction subsidy of Yiwu Miaolin Lighting Technology Co., Ltd. on February 11, 2018. The Notice of the Notice (Yi Gaoxin [2018] No. 16) agreed to allocate RMB 50 million for the investment and construction subsidy of Yiwu Mulinsen Lighting Technology Co., Ltd., and the subsidy has been paid.
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