On August 16th, Xiao Wen, the chairman of Lianchuang Optoelectronics (600363.SH), made a big fuss to his subordinates at the high-tech LED exhibition.
"The layout of the booth, the main propaganda screen is still the leadership care, the typical old state-owned enterprise style. And Luen Chuang Optoelectronics should show the company's products and image." Xiao Wen told the "new industry": "2012 will be Lianchuang Optoelectronics is the most painful year. Because Lianchuang Optoelectronics has to abandon many problems left over from the past state-owned enterprise system and establish a new mechanism and model suitable for the marketization of Lianchuang Optoelectronics."
However, for Xiao Wen, who took over the post of Chairman of Lianchuang Optoelectronics for just over 8 months, there is really too much to do with Lianchuang Optoelectronics and the need to change.
Because Lianchuang Optoelectronics, which was listed on the Shanghai Stock Exchange in 2001, was once the first listed company in China. Nowadays, on the eve of the upcoming LED lighting market, Lianchuang Optoelectronics' LED business has been surpassed by many domestic LED listed companies.
"Only by smashing the burden, we will concentrate on developing a new LED industry. In the next decade, Lianchuang Optoelectronics will be among the top ten optoelectronic enterprises in China." Xiao Wen said.
Just three years after Xiao Wen became the chairman of Lianchuang Optoelectronics, Lianchuang Optoelectronics transferred the shares of the two participating companies, removed the real estate development business from the company's business scope, and established EMC (Contract Energy Management) company to prepare for the battle. Promotion of LED lighting products.
"In 3 years, Lianchuang Optoelectronics will build a national LED industry chain with the most core competitiveness of infrared products." Xiao Wen revealed that LED lighting is another business focus of Lianchuang Optoelectronics, which will focus on LED indoor lighting and take into account LED Outdoor lighting field.
Xiao Wen's strength comes from strong financial support.
On August 14, Lianchuang Optoelectronics' non-public issuance of A-shares was approved by the China Securities Regulatory Commission.
"In addition to the additional fundraising of more than 6 billion, Lianchuang Optoelectronics has a bank credit line of 10 billion, enough to support the next development of Lianchuang Optoelectronics." Xiao Wen said.
Reorganization
In fact, before Xiaowen joined Lianchuang Optoelectronics, Lianchuang Optoelectronics had just experienced a capital restructuring, and Xiaowen was also the representative of Lianchuang Optoelectronics' new capital Fangqi Shanglian Co., Ltd. (hereinafter referred to as “Yushang Unionâ€). Come to the helm of Lianchuang Optoelectronics.
Before 2011, the actual controller of Lianchuang Optoelectronics was the Jiangxi Provincial State-owned Assets Supervision and Administration Commission. Jiangxi Electronic Group, which is directly affiliated to the Jiangxi Provincial State-owned Assets Supervision and Administration Commission, owns 20.41% of Lianchuang Optoelectronics and is the largest shareholder of Lianchuang Optoelectronics.
In October 2009, the Jiangxi Provincial State-owned Assets Supervision and Administration Commission issued a notice on the equity transfer of Jiangxi Electronics Group. Until the beginning of August 2010, the Jiangxi Provincial People's Government agreed to publicly list the entire equity of the Electronic Group.
On October 14, 2010, at the electronic bidding meeting held by the Jiangxi Provincial Property Rights Exchange, the merchants jointly won the entire equity of Jiangxi Electronic Group for 982 million yuan.
On November 5, 2010, the State-owned Assets Supervision and Administration Commission of Jiangxi Province officially signed the equity transfer contract of Jiangxi Electronic Group with the merchants. As a result, the merchants jointly became the new owner of Lianchuang Optoelectronics.
In May and July before Xiao Wen took office, four senior executives from the company had joined the board of directors of Lianchuang Optoelectronics. On November 29, 2011, Xiao Wen officially became the chairman of Lianchuang Optoelectronics.
Unfinished
For more information, please visit: http://
"The layout of the booth, the main propaganda screen is still the leadership care, the typical old state-owned enterprise style. And Luen Chuang Optoelectronics should show the company's products and image." Xiao Wen told the "new industry": "2012 will be Lianchuang Optoelectronics is the most painful year. Because Lianchuang Optoelectronics has to abandon many problems left over from the past state-owned enterprise system and establish a new mechanism and model suitable for the marketization of Lianchuang Optoelectronics."
However, for Xiao Wen, who took over the post of Chairman of Lianchuang Optoelectronics for just over 8 months, there is really too much to do with Lianchuang Optoelectronics and the need to change.
Because Lianchuang Optoelectronics, which was listed on the Shanghai Stock Exchange in 2001, was once the first listed company in China. Nowadays, on the eve of the upcoming LED lighting market, Lianchuang Optoelectronics' LED business has been surpassed by many domestic LED listed companies.
"Only by smashing the burden, we will concentrate on developing a new LED industry. In the next decade, Lianchuang Optoelectronics will be among the top ten optoelectronic enterprises in China." Xiao Wen said.
Just three years after Xiao Wen became the chairman of Lianchuang Optoelectronics, Lianchuang Optoelectronics transferred the shares of the two participating companies, removed the real estate development business from the company's business scope, and established EMC (Contract Energy Management) company to prepare for the battle. Promotion of LED lighting products.
"In 3 years, Lianchuang Optoelectronics will build a national LED industry chain with the most core competitiveness of infrared products." Xiao Wen revealed that LED lighting is another business focus of Lianchuang Optoelectronics, which will focus on LED indoor lighting and take into account LED Outdoor lighting field.
Xiao Wen's strength comes from strong financial support.
On August 14, Lianchuang Optoelectronics' non-public issuance of A-shares was approved by the China Securities Regulatory Commission.
"In addition to the additional fundraising of more than 6 billion, Lianchuang Optoelectronics has a bank credit line of 10 billion, enough to support the next development of Lianchuang Optoelectronics." Xiao Wen said.
Reorganization
In fact, before Xiaowen joined Lianchuang Optoelectronics, Lianchuang Optoelectronics had just experienced a capital restructuring, and Xiaowen was also the representative of Lianchuang Optoelectronics' new capital Fangqi Shanglian Co., Ltd. (hereinafter referred to as “Yushang Unionâ€). Come to the helm of Lianchuang Optoelectronics.
Before 2011, the actual controller of Lianchuang Optoelectronics was the Jiangxi Provincial State-owned Assets Supervision and Administration Commission. Jiangxi Electronic Group, which is directly affiliated to the Jiangxi Provincial State-owned Assets Supervision and Administration Commission, owns 20.41% of Lianchuang Optoelectronics and is the largest shareholder of Lianchuang Optoelectronics.
In October 2009, the Jiangxi Provincial State-owned Assets Supervision and Administration Commission issued a notice on the equity transfer of Jiangxi Electronics Group. Until the beginning of August 2010, the Jiangxi Provincial People's Government agreed to publicly list the entire equity of the Electronic Group.
On October 14, 2010, at the electronic bidding meeting held by the Jiangxi Provincial Property Rights Exchange, the merchants jointly won the entire equity of Jiangxi Electronic Group for 982 million yuan.
On November 5, 2010, the State-owned Assets Supervision and Administration Commission of Jiangxi Province officially signed the equity transfer contract of Jiangxi Electronic Group with the merchants. As a result, the merchants jointly became the new owner of Lianchuang Optoelectronics.
In May and July before Xiao Wen took office, four senior executives from the company had joined the board of directors of Lianchuang Optoelectronics. On November 29, 2011, Xiao Wen officially became the chairman of Lianchuang Optoelectronics.
Unfinished
For more information, please visit: http://
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