According to the information, the main business of Guangdong Saiyu is research and development, manufacturing and sales of sapphire and other artificial crystal materials, LED packaging, lighting and other optoelectronic products. As of July 31, 2014, Guangdong Saiyu had total assets of 2.05 billion yuan and net assets of 370 million yuan. In the first seven months of 2014, it had revenue of 62.79 million yuan and a loss of 28.99 million yuan.
In addition, the reporter noted that Fuyuan Industrial has also made a performance commitment to ensure that the net profit of Guangdong赛翡 from 2014 to 2016 is not less than 50 million yuan, 250 million yuan, 550 million yuan (three years of net profit is not less than 850 million yuan). If the accumulated net profit of Guangdong Saiyong is less than 850 million yuan in three years, Fuyuan Industrial promises to compensate the promised profit and actual profit difference in cash to the Xinya Process in accordance with the proportion of equity held by Xinya Process. There is a product of the proportion of equity.
In addition, Xinya Process also mentioned that the source of funds for this acquisition is its own funds, which will impose certain financial and cash flow pressure on the company.
At the same time, the company also said that on the 9th, the board of directors passed the proposal of borrowing from the controlling shareholder and related party transactions, and agreed to short-term borrowing of 180 million yuan from Shenzhen Xinlida, the controlling shareholder of the company, mainly to supplement the working capital. As Xinlida is the controlling shareholder of Xinya Process, this transaction constitutes a connected transaction.
LED Underwater Light with High quality Brigelux & Osran LED chips ,304 Stainless Steel housing ,standard IP68 protection ,tempered glass mask. provide single color, RGB, RGBW solution.Can work with DMX 512, DALI system. Project quality,Acceptable price.
Classify:Construcion light/Commercial light/City lighting project/Industrial lighting/Urban light.
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LED Underwater Light
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SHENGYA LIGHTING TECHNOLOGY CO., LTD. , https://www.syalighting.com