subject: Or Acquisition Of Buildings In Hong Feile Audio-visual Coded Green Lighting High - Feile [print this page] disclosure of household appliances, the company is planning to issue non-public offering, shares from March 2 from the suspension. Although the announcement did not disclose specific plans, but the market rumors, Feile Audio-Visual, or will acquire private placement of high Hangzhou Yu Hong
Illumination
Appliance Co., Ltd.. In this regard, the possibility of people think that "great", line Feile Audio-Visual strong green lighting industry requirements.
In the suspension before the February 28, there were Internet users in the message bar at the Feile Audio-Visual Unit, said, "The acquisition of Hangzhou in Gao Yu Lighting Co., Ltd., suspension next week." Meanwhile, the company's share price continued to rise, from 2 23 of 9.01 yuan to 1 March of 10.64 yuan, 5 days rose to 18%.
In fact, there has been reorganization of the market Feile Audio-Visual expected. Articles in November last year had the network that Feile Audio-Visual 24% shareholding stake in Huaxin Securities Company intends to backdoor. However, December 1, 2009 to clarify the notice published in the Feile Audio-Visual to deny that, saying the company's future core business direction is clear, intended to focus its resources on the primary business focus to green lighting industry, lighting industry towards green unconventional company rapidly.
The acquisition of buildings in the main high-Rainbow and Feile Audio-Visual highly fit. Public information, Yu-Hong is a professional high production
Electronic
Integration
Energy
Lamps and energy-saving lamps capillary private enterprise, established in September 1995, is located in
Zhejiang
Hangzhou Lin'an City Gaohong, covers an area of 40,000 square meters, building area of 65,000 square meters, more than 4,500 employees. The total assets of 380 million yuan, fixed assets of 130 million yuan. Data show that in 2008 its production of various kinds of capillary and 305 million energy-saving lamps, the output value 934 million yuan, ranked in the top 5 in the same industry in Zhejiang before the three. In 2007, the company will
Marketing
Centre moved to Shanghai, cities across the country have
Sell
Network. 2009 The central government allocated 600 million yuan to promote efficient lighting products at about 120 million, short-listed 23 enterprises, including the procurement of high-Yu Hong, a wholly owned subsidiary and Feile Audio-Visual yaming bulb factory and so on.
Analysts thus believe that in Gao Yu Feile Audio-Visual acquisition remains a possibility, through this acquisition will rapidly increase capacity.
Since last year, Feile Audio-Visual has sold four times the underlying assets of about 125.05 million yuan in cash, which, in April 2009, be transferred to 56.9878 million yuan Shanghai Changfeng Smart Card Co., Ltd. 41.49% stake Waigaoqiao intended to 20.0285 million yuan purchase real estate; in October 2009, be transferred to 43.1645 million yuan Shanghai Pujiang Smart Card System Co., Ltd. 75% stake; February 5, 2010, to 4.87 million yuan to be the transfer Shanghai Feile Audio-Visual Sales Co., Ltd. 66.204% stake.
This, Feile Audio-Visual clear that the company focus on the implementation of green lighting industry to phase out has nothing to do with the lighting of the strategic deployment of other industries. The spin-off sideline, the company also in July 2009 to 24.3 million yuan transferee shareholder Benjamin Instrument and Electronics Group, Philips Lighting Co., Ltd held 7.74% stake, thus holding 40% stake in the company.
