Capital News | Third Quarter Increased Differentiation Remains A Major Asset Restructuring Stop!

- Mar 31, 2017 -

 Chau Ming science and technology in the first three quarters of net profit growth of 128.67% backpfrontp Chau Ming Technology (300232), October 26 release third quarter 2015 report. 2015 July-September total Chau Ming Technology revenues of 335 million yuan, LED stadium lights an increase of 37.67% over the previous year; attributable to shareholders of listed companies net profit of 38.4687 million yuan, compared with 114.34% longer period last year. backpfrontp 2015 first three quarters of Chau Ming Technology Total revenue reached 959 million yuan, an increase of 39.18%; net profit of 95.5375 million yuan, stadium lights an increase of 128.67%. backpfrontp During the reporting period, according to the annual business plan, and actively promote to Radiant remaining 40% stake acquisition, market expansion and deployment actively and achieved good results at home and abroad, business orders to maintain a rapid growth momentum, sales volume and operating results are a record high. backpfrontp With the arrival of the mobile Internet era of change and adjustment of economic structure, high power LED flood light display industry is also in the making of a restructuring and upgrading. Companies adhere to the strategic endogenous + epitaxial development foothold in the main business, using the Internet to make wise Chau Fusion + thinking, actively explore the use of Internet technology and organizational model, steady advance the company into intelligent hardware + content services + Internet (IOT) platform companies. backpfrontp Ruifeng power in the first three quarters of net profit decrease 31.25% backpfrontp Ruifeng power (300 241), October 26 third-quarter report. During the reporting period the company achieved total revenue of 229 million yuan, 1000W led flood light 17.49% decrease over the previous year; attributable to ordinary shareholders of listed companies net profit of 5,967,300 yuan, 68.97% decrease over the previous year. backpfrontp According to the report, Ruifeng power three quarters of 2015, total operating income of 692 million yuan, an increase of 0.51% over the previous year, attributable to ordinary shareholders of listed companies net profit of 27.625 million yuan, less than in the previous year 31.25%. backpfrontp 2015 of LED industry competition continues to intensify, while accelerating industry consolidation, mergers and acquisitions industry to seize the opportunity, the company intends to acquire the remaining 85% stake in Shenzhen Ling Tao Optoelectronics Technology Co., Ltd., into the small and medium size LCD backlight LED high bay light segments, currently The China Securities Regulatory Commission approved the pending acquisition. backpfrontp face of fierce competition in the industry, Ruifeng power taken to strengthen internal management and control related costs, acquisition-related industry chain enterprises and other measures will continue in the future Ruifeng power LED tunnel light industry chain, bigger and stronger, and actively seek new strategic layout, with the capital market bigger and stronger. backpfrontp crystal optical-year decrease in the first three quarters of net profit 10.81% backpfrontp optical crystal (002 273), October 26 release third quarter 2015 report. During the reporting period the company achieved operating income of 2.87 billion yuan, an increase of 3.26% over the same period last year; attributable to shareholders of listed companies net profit of 31.0136 million yuan, 32.23% decrease over the previous year. backpfrontp report shows that three quarters of 2015 optical crystal operating income of 825 million yuan, an increase of 15.62% over the previous year; attributable to shareholders of listed companies net profit of 114 million, 10.81% decrease over the previous year. backpfrontp crystal optical in May 2015 to participate in the project tender by the Ministry of Industry and Information Technology, Ministry of Finance jointly organized the 2015 strong base of industrial transformation and upgrading works, the company used in mobile phones, PC camera and car camera lens blue glass infrared cut filter project successfully won the bid, approved 48 million yuan of special funds. During the reporting period, the company has obtained its first central treasury 25.92 million yuan of special funds. backpfrontp NVC resumption for 285 million yuan provision for impairment backpfrontp since last August 11 suspension of NVC has reached all the Resumption Conditions,LED gym lights including handling violations and markets informed of its impact on the financial and operational status of the Company's ; that the company had to develop appropriate financial reporting process and internal control systems to comply with its obligations under the Listing Rules; and to disclose the results of forensic examination and internal regulatory review and to address problems identified; and, if necessary, to cover an appropriate range Further investigation / review; and the market informed of all relevant information. LED arena lights company has been in 2014 to 14 parts of the so-called pledge and security agreement, together totaling 285 million yuan to mention provision. backpfrontp In addition, faced with the potential loss if you can not recover any money including from Wu and Promise, about 265.5 million yuan loss; and if the claim in favor of CCB, China Construction Bank for NVC claims lead to approximately 6,000 ten thousand yuan loss plus interest. backpfrontp Mason Technologies planning a major asset restructuring progress backpfrontp Mason Technologies (002654), Oct. 26 announcement that the company due to planning major events, the stock since July 3, 2015 opening date for suspension. backpfrontp the date of this announcement, the company and related parties are to promote the due diligence of this major asset reorganization involved in the audit, evaluation, program feasibility studies and other work. According to regulations, the company's stock will continue to be suspended since October 26, 2015 opening. RGB LED flood light major issues Tongfang progress and resume trading backpfrontp Tongfang (600100), announced that the recently Tongfang received Tsinghua Holdings notice, the proposed plan may involve the company and Tongfang Guoxin Electronics Co., Ltd. a major asset restructuring matters, according to the relevant provisions of the The company applies the company's stock has been suspended since 12 October 2015. backpfrontp further communication with Tsinghua Holdings, Tsinghua Holdings to further implement the State Council on deepening the reform of SOEs spiritual guidance, strategic restructuring and industrial layout adjustment of its operating assets, relates to integrated circuit industry between affiliated companies and asset restructuring business. backpfrontp through consultation and deliberation, involving the company's trading Guoxin Electronics Co., Ltd. as part of the shares held by the company will be sold to the same side of Tsinghua Unisplendour Group Holdings Ltd subsidiary under the holding, these matters do not constitute the company's major asset restructuring. Accordingly, the Secretary stock in 2015 10 . 26.opening from the resumption of trading. backpfrontp Feile Audio-Visual major asset restructuring progress backpfrontp suspension Feile Audio-Visual (600,651), Oct. 26 announcement that the company is planning a major asset purchase matters. The company applies the company's stock was suspended from October 19, 2015. Demonstration by the parties and in consultation with the above matters on the company constitutes a major asset restructuring. backpfrontp To avoid abnormal fluctuations in stock price, the company's application, the company stock since October 26, 2015 to continue the suspension. backpfrontp During the suspension period will be based on the progress of major asset restructuring, the timely implementation of information disclosure obligations, published once every five days of progress on the matter. Upon completion of the relevant board meeting to consider a major asset restructuring plan or report, timely announcement and resume trading. backp


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