LED upstream sapphire substrate price, is preparing to reverse from the bottom of the valley, who has such ability, let UMC Chairman Hong Jiacong surrender his personal and UMC joint investment in the sapphire substrate factory? He is Lu Mingguang, the chairman of Zhongmeijing, who completed the reorganization and consolidation of 15 companies.
This sapphire substrate factory is the earliest listed Zhaoyuan technology in Taiwan. In addition to UMC and Hong Jiacong each holding about 5% of the shares, Jingdian is also a major shareholder holding 10%.
Just after the Spring Festival in 2012, under the arrangement of investment bankers, the two presidents who have known each other for more than five years sat down to have a meal. In the past, they only met in public. After the meal, in just over two months, Lu Mingguang announced that its Sino-US Blue Crystal and Zhaoyuan merged, and Zhaoyuan was a surviving company.
Lu Mingguang said in an interview that "(and Hong Jiacong to eat) this is a coincidence... When I was separated from the company (Zhongmeijing cut LED in October 2011, set up a subsidiary company Sino-US Blue Crystal), everyone knows that I want Looking for a strategic partner, he (Zhaoyuan) also wants to find a strategic partner."
Sino-US Blue Crystal, which has the technology from Changjing to cutting and grinding the substrate, is a subsidiary of Zhongmeijing which was established at the end of 2011. The net value per share is 2.1 times that of Zhaoyuan; although Zhaoyuan uses 1.9 shares for trading. Unlisted Sino-US Blue Crystal 1 share, but Zhongmei Jing can therefore complete the plan of spin-off and listing of the group's subsidiaries without spending a dime, and at the same time acquire 43% equity of Xinzhaoyuan, ranking first largest shareholder. Become Taiwan's sapphire substrate leader.
When such a good condition for mergers and acquisitions came out, the domestic LED industry was rumored that I am afraid that UMC would not want to play the sapphire substrate industry anymore. Otherwise, how could the company’s investment in Zhaoyuan’s management rights be handed over for many years?
Let the "disastrous" industry not see the demand drop, immediately stop buying equipment
However, even if the UMC Group intends to sell, it will have to be dared to pick up. On what basis does Lu Mingguang dare to take over the sapphire substrate factory of LED upstream materials, one of the four major misconducts?
In the past, Zhongmeijing, which is mainly engaged in the manufacture of solar silicon wafers, is in the two “disastrous†industries of solar energy and LED. This is Lu Mingguang’s second purchase in 8 months. He dared to rush. In fact, he More daring.
The most classic example is that in the middle of 2010, the silicon wafer was out of stock. The Sino-US Solar II plant was just completed, with a capacity of 800 MW (million watts), but only 500 MW of equipment, "everyone (customer) Urging us to install (equipment)," Lu Mingguang insisted on going to the end of the year, waiting for the government's new annual subsidy program to be released, and then observe market demand.
In January of the next year, I saw that the price of silicon wafers will go higher. Lu Mingguang just nodded and bought equipment. I didn’t expect to see a sharp drop in orders in the next month in March. “I’m rushing to stop.†Meijing retained nearly 2.5 billion silver bullets in hand, and also reduced the impact of the 2011 solar price crash, becoming the only solar plant that made money last year and was able to pay dividends.
This sapphire substrate factory is the earliest listed Zhaoyuan technology in Taiwan. In addition to UMC and Hong Jiacong each holding about 5% of the shares, Jingdian is also a major shareholder holding 10%.
Just after the Spring Festival in 2012, under the arrangement of investment bankers, the two presidents who have known each other for more than five years sat down to have a meal. In the past, they only met in public. After the meal, in just over two months, Lu Mingguang announced that its Sino-US Blue Crystal and Zhaoyuan merged, and Zhaoyuan was a surviving company.
Lu Mingguang said in an interview that "(and Hong Jiacong to eat) this is a coincidence... When I was separated from the company (Zhongmeijing cut LED in October 2011, set up a subsidiary company Sino-US Blue Crystal), everyone knows that I want Looking for a strategic partner, he (Zhaoyuan) also wants to find a strategic partner."
Sino-US Blue Crystal, which has the technology from Changjing to cutting and grinding the substrate, is a subsidiary of Zhongmeijing which was established at the end of 2011. The net value per share is 2.1 times that of Zhaoyuan; although Zhaoyuan uses 1.9 shares for trading. Unlisted Sino-US Blue Crystal 1 share, but Zhongmei Jing can therefore complete the plan of spin-off and listing of the group's subsidiaries without spending a dime, and at the same time acquire 43% equity of Xinzhaoyuan, ranking first largest shareholder. Become Taiwan's sapphire substrate leader.
When such a good condition for mergers and acquisitions came out, the domestic LED industry was rumored that I am afraid that UMC would not want to play the sapphire substrate industry anymore. Otherwise, how could the company’s investment in Zhaoyuan’s management rights be handed over for many years?
Let the "disastrous" industry not see the demand drop, immediately stop buying equipment
However, even if the UMC Group intends to sell, it will have to be dared to pick up. On what basis does Lu Mingguang dare to take over the sapphire substrate factory of LED upstream materials, one of the four major misconducts?
In the past, Zhongmeijing, which is mainly engaged in the manufacture of solar silicon wafers, is in the two “disastrous†industries of solar energy and LED. This is Lu Mingguang’s second purchase in 8 months. He dared to rush. In fact, he More daring.
The most classic example is that in the middle of 2010, the silicon wafer was out of stock. The Sino-US Solar II plant was just completed, with a capacity of 800 MW (million watts), but only 500 MW of equipment, "everyone (customer) Urging us to install (equipment)," Lu Mingguang insisted on going to the end of the year, waiting for the government's new annual subsidy program to be released, and then observe market demand.
In January of the next year, I saw that the price of silicon wafers will go higher. Lu Mingguang just nodded and bought equipment. I didn’t expect to see a sharp drop in orders in the next month in March. “I’m rushing to stop.†Meijing retained nearly 2.5 billion silver bullets in hand, and also reduced the impact of the 2011 solar price crash, becoming the only solar plant that made money last year and was able to pay dividends.
Wireless Charging Table Lamp, comfort and convenience, can use it for mobile phone wireless charge.
Comes with 3014/2835LEDs, high performance, energy saving and environment friendly
360°all-direction illumination and touch the switch to adjust lightness of the lamp
Cute and witty and unique design ,changing the stuffy image of the traditional lamp to bring fun ,to allow you experience childhood style.
Wireless Charging Table Lamp
Wireless Charging Table Lamp,Wireless Charging Desk Lamp,LED Wireless Charging Desk Lamp,Wireless Charging USB Desk Lamp
Shenzhen Superlight Technology Co., Ltd. , https://www.superlighttech.com