Fruitless negotiations Wu Changjiang trick or regain the NVC

After July 12th a day of negotiations, the NVC has held internal meetings and dealer meetings still do not have a clear result.

Further intensification of the contradictions of the NVC dealers and employees and employers on behalf of SAIF Yan Yan and Schneider. NVC staff lay-off will begin from July 13 until the Board of Directors to give the answer so far. The demands of the employees and dealers, including the restructuring of the board of directors, Wu Changjiang reunification as soon as possible and let Schneider exit NVC, hoping to secure more employee stock options.

It is understood that the end of the closed-door meeting of the of NVC dealers, employees and the board of directors, distributors, suppliers, management to the Board to submit the demands of a book, submitted a petition to the government departments.

SAIF a founding partner of the NVC's current chairman Yan Yan commitment in the field, August 1, will be given before the reply.

In fact, employees and distributors to put pressure on management, thus promoting Wu Changjiang regression precedents.

The end of 2005, Wu Changjiang served as general manager of the NVC in preparation for the establishment of operations centers in all provinces, to strengthen the management of dealers, but this proposal met with unanimous opposition of the high school students and two venture partners. Ultimately irreconcilable contradictions, Wu Changjiang, angrily left the company.

But only after more than a week, the NVC many dealers unable to sit still, they gathered at the headquarters of the NVC Huizhou, Wu Changjiang come back to do general manager. Under this pressure, and ultimately the other two partners reluctantly pulled out.

Seven years later, something similar seems to repeat itself. Some analysts believe that is perhaps the successful experience of seven years ago, employees and distributors of NVC again taken the "seize power".

Rectangular lighting Gaosongzhuan suspected to prop up the market

March this year, listed on the Shenzhen GEM rectangular lighting, results of the first quarter rose 70 percent, but three months after the results of Changing Faces, the performance by only about 10%, which also led the stock to withstand a series of the GEM retreat in early July, the impact of the city system and restricted shares in circulation of finally continuous fell and break, but the company intends to launch the 10 shares transferred 15 shares to distribute two yuan a large red envelope allowed to stock three consecutive daily limit, shares also return to the pre-agency near cost price, and institutions took the opportunity to sell more than 7000 million. Behind this series of actions, so that investors can not help but suspect that the company's high transfer program to send back to "prop up" suspects.

Agencies have touted

Landing the GEM times new shares just as the end of March this year, rectangular lighting has been favored by institutional listing, listed since the body seats appeared to buy list five, on the market only a month institutions in the secondary market to buy the amount of $ 80 million.

Since March 21 the day of listing, there are three organizations together to buy more than 1300 million, 22, the two agencies together to buy 13 million yuan, 23 again, an organization together to buy about 700 million, 27 an organization to buy 1.8 million, on the 28th again to buy more than 600 million, 29 to buy more than 150 million.

In late April, the agency once again set off a buying frenzy. April 18, an institution to buy 18.5 million yuan, the two agencies together to buy 10.5 million yuan, the two institutions to sell 4 million in April 20, April 23, the two agencies bought 400 million, 24 The four agencies together to buy 21 million yuan at the same time, the two institutions to sell 10.5 million yuan. In particular, April 23, the impact of the Shenzhen Stock Exchange launched the GEM delisting system, GEM stocks collective slump, however, rectangular lighting has been re-institution actively buying.

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In the next three days, rectangular lighting announced a quarterly net profit rose 77 percent, the agency in the secondary market to buy five not occur again, the stock price to maintain the situation is not up not down.

June 19, the company's net allotment of 536 shares of restricted shares traded (issue price of 20 yuan / share), its stock price is also not a turmoil.

This fugitive agency security

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July 5, the stock suddenly began to drop, quickly fell below the pre-platform, and also below the early institutions to buy the average price of $ 20-21 range, July 9 announcement, the company expects in 2012 - June net profit growth of 1.61 percent over the same period last year -11 .44%, relative to the first quarter growth performance in a significant reduction.

Its stock price fell all the way, the lowest price of 16.40 yuan.

However, on July 19, the company said that the interests of investors intends to launch high-transfer program to send its stock price is the word limit, after which continuous two days to continue to limit, the stock closed at 22.57 yuan. July 20 an agency, however, sold 3.07 million yuan, 23, the four institutions sold a total of 70 million yuan, and its accordance with the closing price on the date of circulation of the market value of only 609 million yuan. In other words, most of pre-purchased in the secondary market institutions in The Great Escape The strange limit, but the benefit of margin is not large.

The main business of the rectangular illumination white LED lighting package. A securities researcher, said the floor along with the subsidy policy of the domestic LED lighting worldwide incandescent disable gradually entered a substantive stage, as well as the cost of LED lighting over conventional lighting has a certain competitiveness, the LED lighting market has been gradually start. However, with the stiff price competition, the company is facing cost control programs mimic the low-end market segment is saturated, the profitability of the downside risks.

The NVC negotiations deadlock dealer financing hundreds of millions of the operation of the new brand

NVC founder Wu Changjiang negotiations with the management last week, is just now turning point this week, but came to a standstill. The NVC dealer Mr Zhou said the view of Yan Yan delay did not respond to the demands of their indifferent attitude of the dealer, the dealer alliance will push a new brand separately in Chongqing, is expected to launch within a month.

Chow said a dealer by the 36 dealers Union have agreed to launch a new brand new brand name, these two days is to apply to the Industrial and Commercial Bureau, the new brand of the registered capital of 50 million yuan, we plan to each dealers invested 10 million, which is more than 3 billion to operate the new brand, long term, we will raise at least 1 billion yuan of operating funds. "

Mr Zhou said that currently has several core communication to the supplier, the supplier said that the dealer will be given the greatest degree of support, and supplier for the new brand for six months.

Mr. Zhou pointed out that, come this far is quite upset, "the board of directors there are no reply, Yan Yan and Zhu Hai are not sincere, Yan Yan interviewed by the media to say, 'love of the strike so that they stop chanting, I do not care 'In this case, Schneider Hai-only oral leaked willing to quit the NVC management, but there is no action, we are disheartened, no longer so dry Hao Zhao, must find another way. "

Earlier, Yan Yan said, "they strike on strike, I can not." For negotiations with the Wu Changjiang, Yan Yan to disclose any news.

Chow said the dealer build a brand and without the consent of Wu Changjiang, "but we must do so, to do so may destroy the NVC, but do not do this we destroyed, we still support the Wu Changjiang After the establishment of the brand will invite him to come over the overall situation. "

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"But even if the tread is, however, we also must take the brand to do it, we have a ready-made channels, dug up the NVC some of the core staff, Chongqing R & D, LED commercial lighting, and other leading products, do some low-end find OEM, should soon be able to do it. "

Chow seems, Yan Yan and Schneider is willing to concede the possibility is almost zero, but the event of a compromise, Wu Changjiang return to the NVC Board of Directors and chaired the overall situation, we are willing to continue to follow Wu Changjiang, NVC could acquire Our new brand to do.

NVC an official told reporters, aware of the decision of the dealer start all over again, and the dealer also initiated the invitation to him, "We are all NVC deep feelings not want to see NVC collapse, but it is not only passed a number of other high-level also received an invitation, and many are willing in the past. "

The responsible person said, the attitude hear Yan Yan interview with the media, dealers, suppliers and employees are very angry, and employees are too lazy to strike, "Many employees have not come to work to on the Internet, anyway, the company is now basically in a state of paralysis. "

A source close to the people of Wu Changjiang, these days, Wu Changjiang have been to Yan Yan, Zhu Hai phone communication, but the other has been reluctant to give way, making an impasse in negotiations. NetEase tried to contact Wu Changjiang on the dealer's decision to be reached for comment, but their phone has been no answer.

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It is understood that the NVC Board of Directors will convene a meeting on July 25, decided to deal with decisions about the next step.

Seoul in 2014, about 800,000 public sector LED lighting program

Recently, South Korean media reported that Seoul, South Korea announced that investments in public places to install more LED lamps, and encourage private sector to further expand the scope of installation. Including public places such as subway stations and streets, 2018, the municipal government office all use LED lighting, to expect to reduce energy consumption and aid the LED lighting industry.

The Seoul government will expand this program in 2030 to the private sector is estimated that by 2014 about 800,000 LED lights will be installed in the public sector, another 70,000 LED lights will be installed in the private sector. It is reported that this will be the first city an annual saving of 1100 Gigabit watts of electricity and 120 billion won ($ 105 million).

The Seoul Metropolitan Government also plans to 2014 to establish a 1.32 million energy saving lamps intelligent lighting grid. In order to encourage the installation of the private sector, the city will provide an up to 1 billion won (about $ 870,000) interest rate of 2.5 percent of the loan scheme.

Fujitsu to sell $ 105 million U.S. UDC OLED-related patents

July 24, Fuji (Fujifilm Corp.) that has been approved to the lighting manufacturer Universal Display Corp. (UDC) has sold more than 1200 organic light-emitting diode (OLED)-related patents, including some still waitingpatent.

It is reported that this patent sale transaction valued at $ 105 million (about 8.2 billion yen). Fuji said the sale of these patents for the company R & D related materials to provide funds.http://www.tungsten-molybdenum-sapphire.com/

PSS to enhance the proportion of Taiwan sapphire substrate Q3 still no up tone opportunity

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Despite the strong backlighting and lighting needs, operation of the LED chip factory in Taiwan also followed improved, but the upstream raw material sapphire substrates offer the third quarter still no hike opportunity, mainly because of the chip Factory strict control of raw materials inventory, coupled with the end of the quarter turn into the LED industry traditional off-season, estimated 2-inch products offer the third quarter will be maintained at 8.5 to $ 9, with the second quarter.

In July, although offer little change, but disappear with the inventory of factors, the stabilization of the number of days, including megabytes far, Xin crystal diamond, good crystal sapphire substrate plant a single month revenue is still expected to continue to go up over June.

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Xin said diamond crystal, the current status of customer orders is very stable, but offer room for adjustment is very small, and customer acceptance of price increases willingness is not high, but fortunately not much room for the offer and then fell, so the price, if not losses, but profit still relatively limited.

Epistar, Blu-ray demand for backlighting and illumination rebound increase in gross margin performance are not four yuan, so accept the limited space of the sapphire substrate prices.

In order to optimize the product mix, the sapphire substrate plant began to increase in the proportion of PSS products. Compared with the sapphire substrate using the PSS produced by LED chip brightness approximately 20% increase, but the same 2-inch products, the PSS offer is 2 times the sapphire substrate, there will be conducive to the substrate plant to boost profits.

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Xin crystal diamond, said amount from the revenue point of view, the current PSS proportion of revenues in a single month has reached 40%. Xin crystal diamond in the second quarter into 4-inch PSS process, has developed the production of 4-inch or 2-inch PSS according to customer requirements. Xin Jing drill 2 inch of the PSS or the mainstream customers in Taiwan from shipping proportion of two-inch is still as high as 90%, only 10% of the 4-inch proportion; Xin Jing drill a single 2-inch PSS products production capacity of about up to 60000.

Jia Jing, observe the requirements for the third quarter, should still be a slight rise, but long-term point of view, is still optimistic about the explosive development of the lighting market. In order to response to the lighting market demand, the best crystal in the first half have been completed the PSS production planning, is expected to smooth out in the third quarter. In addition, good crystal is also planning to continue to grow, including the capacity of the Sapphire Dan Changjing, wafer processing and the PSS, the goal will be completed two 6-inch sapphire crystal bars, chips and PSS process.

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The Epistar expressed not yet significantly with PSS, the customer has specified to be used only client using the PSS accounted for about 20%, mainly in the foundry, do not worry about the customers of the patent problem-based.

Three safety photoelectric in the first half of estimated 2012 net profit is expected to reach 450 million yuan

July 13, three safety photoelectric release of 2012 half-year performance forecast, forecast 2012 half-year net profit attributable to equity holders of $ -4.7 billion in 450 million yuan. Same period last year net profit of 459.0137 million yuan attributable to shareholders of listed companies net profit excluding non-recurring gains and losses of 156.3537 million yuan, earnings per share of 0.32 yuan.
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Saman the photoelectric said its wholly owned subsidiary Anhui safety photoelectric capacity must release the main business income has improved in the first half of 2012 attributable to shareholders of listed companies, excluding non-recurring gains and losses net profit over the previous year representing an increase of more than 90%.

Cross-strait LED industry called to create a brand famous

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Recently, the two sides held LED bypass meeting, completion of a "cross-strait cooperation and pilot display, LED lighting, technical specifications and common standards of lighting applications, technology research and results of demonstration, semiconductor lighting reliability with Harbin cold to the research and resultsthree of the demonstration "letter of intent signed.

Bypass meeting of cross-strait LED industry breakthrough, the mainland will unite in Taiwan and India, Russia and other countries, unified standards and specifications of LED lighting. This meeting to further expand cross-strait LED pilot cities. Cross-strait industry on the establishment of cross-strait co-branded LED to reach a consensus, is expected to the relevant institutions in Taiwan in September, in the future the mainland for further discussions.

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Lu Kan revealed that from July this year, the mainland first to prohibit the importation, manufacture and sale of high-power incandescent lamp, and then will be banned to promote a low-power incandescent, energy saving, Deputy Director of the National Development and Reform Commission, Central Information Secretary. 2015, then a final assessment, if the good effect, the mainland since October 2016, banned the import and sales of more than 15-watt incandescent.

Taiwan's elected representatives, these significant measures will enable the continent lighting market to re-shuffle, Therefore, if the continent is implemented on schedule and is expected to have a beneficial foundation for the development of Taiwan's LED lighting industry. Cross-strait LED industry is expected to bypass plan of technical cooperation, and deepen to equity partnership, through the joint venture shares of both the LED lighting industry, hopes to co-founder of the brand, similar to the "China card" lighting products.

Ling Wu, National Semiconductor Lighting Project R & D League Secretary General pointed out that the two sides signed three cooperation letter of intent, the two sides LED industry is a person, and technical advantages of Taiwan, the mainland lighting capabilities to create a brand for the sights of LED lighting is rapidly rising business opportunities, hand in hand sights on the global LED lighting high ground, expect to have preliminary results before the end of this year.

Billion light of the fermentation of the LED light bulb promotion revenue in June a new high

Billion light in June 2012 revenue reached 1.491 billion yuan (NT, the same below), setting a new record high of nearly 13 months since the second quarter of single-quarter revenue of 4.31 billion yuan, compared with first quarter growth of 15.08%. Chairman Yeyin Fu has also pointed out that the weakening of the doubt for the third quarter although the backlight needs, but the people of Taiwan in July received hike electricity bills will be more active to replace the LED lights will help business growth.

Billion light officially launched in mid-June this year, LED bulb promotion case, to drive the LED own brand revenue contribution can be seen in June, but promotional prices on the profitability useful billion light in the second quarter capacity utilization rate higher than previous quarter (a quarter capacity utilization rate of about 60-70% in the second quarter increased to 70% to 80%) and sustainable drive 2 billion light-quarter profit, but to earn a share of the first quarter of the billion light compared to 0.2 yuan will not increase too much.

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Everlight actively advance its own brand lighting market inroads into the market share, profitability and operating expense ratio has become the focus of attention. However, the first three quarter of this year, the fourth quarter may be weakening demand for LED backlighting possible, Everlight sacrifice short-term profits to rapid inroads into the LED lighting market share, has also become quite upset.