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LED the new three board enterprise its 8.7 billion large single mystery to solve
Time£º2016/6/21 9:56:19

Only two months of the new three board listing on the company if there is a "god" to help, super big night announced for nearly 8.7 billion yuan, that even if the motherboard is also rare in the company. However, such a "good" takes place in the three board company Mr Its body.

On June 13th, Mr Its announcement, for Shanghai high yuan investment development co., LTD. (hereinafter referred to as the "Shanghai gao yuan") 2016 year to 2019 year three years a total order for 8.695 billion yuan. This announcement once released cause market attention.

Media questioned, its revenues last year, only 440 million yuan, and Shanghai high yuan this one client over the next three years contribution to the revenue of 2.898 billion yuan a year, is 6.5 times that of the current revenue is this oolong or really has its matter? Have such a divine power of Shanghai high yuan are what?

Mr Their chairman secretary do a worker in response to the problem of "the China business news" reporter said, the company orders announcement is precisely in order to fulfill their obligation to believe the beatles, but the company and the Shanghai high yuan sign a confidentiality agreement, can not disclose more information.

Oddly, the reporter found in changning district of Shanghai shuangliu road 31 fifth floor high yuan registered office space in Shanghai, the company business name as "Shanghai high yuan development co., LTD.", not "investment". At the same time, the company at the front desk staff also show surprised expression on the order for 8.7 billion yuan.

Guangdong zhongshan a LED company director told reporters, domestic orders can't be close to 8.7 billion yuan, foreign orders are unknown.

Super big "surprise attack"

Mr Its said in its statement, the company has received high long-term partner, Shanghai yuan about annual order of the contract, Shanghai yuan high order for 2016 year to 2019 year for three years is expected to contract amount totaled 8.695 billion yuan, the contract number 1.192151 billion.

It says, this order is for the next three years on the company's operating performance has significant positive impact.

It is understood that the it was founded in June 2012, the main business for LED lighting products manufacturing, research and development of intelligent household lighting whole industry chain, listed on the new three board on April 20, 2016.

Financial data, according to the last year when its revenue of 440 million yuan, net profit of 50.7264 million yuan. According to the data measured, Shanghai high yuan each year in the next three years for the its revenue, up to 2.898 billion yuan, is 6.5 times of its revenue. As a result will have a net profit of 327 million yuan.

If the order can be implemented, the the profitability will stroke more than its competitors, wood Tomlinson, photoelectric, lehman shares and other competitors and will be far behind.

Need to mention is that wood Tomlinson 1 - December 2015 operating income of 3.882 billion yuan, fell 3% year on year; Total profit of 301 million yuan, fell 41.79%; Net profit attributable to shareholders of listed companies of 256 million yuan, down 41.09% year-on-year.

According to the announcement, wooden Tomlinson an important reason is that last year's decline of 2015 affected by the global economy and the market competition is more intense, the LED industry chain prices fell 30% - 30%, international enterprise product prices also fell more than 20%. Tomlinson lighting to maintain market share, maintain the stability of the major customers and dealers, have to follow the market to lower prices, lead to decline in the company's profits.

Are a number of LED industry insiders told reporters that the its domestic orders may not have 8.7 billion yuan, and if it is international order, also will face the same predicament and wooden Tomlinson, namely income not ZengLi, this would not necessarily help its strong growth performance.

Mr Its not released its 8.7 billion yuan on the proportion of domestic and foreign orders in the order. According to the contract price, the its, the order of the contract unit price is 7.29 yuan for each, from its first two years of "9.9" yuan (ball steep light) has lowered the price of 20% ~ 30%.

"Mysterious" Shanghai gao yuan

Why not released the contract details, Mr Its chairman secretary do a staff to our reporter said, because the company signed a confidentiality agreement with the Shanghai high yuan, inconvenient disclose more information, "the announcement has been declared a".

Contacted to its domestic marketing director, the said contract with the Shanghai high yuan is the Shanghai company signed, details need to company or to Shanghai high yuan.

High, according to data from the annual report of Shanghai yuan is the one of the top five of 2015 customers, contributing to the its, its 2015 revenue of 52.7751 million yuan. And Mr Their first big customer only for its 80.5 million yuan revenues, why Shanghai high yuan within half a year can "by leaps and bounds"?

About Shanghai yuan high, there is no more information network. The enterprise credit information publicity system of data is displayed, Shanghai Gao Yuancheng in December 11, 2001, the registered capital is 10 million RMB, registration residence of Shanghai changning district shuangliu 31 fifth floor, room 506, scope of business includes industrial investment, real estate development business, wujinjiaodian, and engaged in goods and technology import and export of foreign trade business, etc.

Registration information shows that Shanghai high yuan has two shareholders, Wang Bicheng has a 90% stake, the legal representative for the company. Patrick wong has a 10% stake, the name and the Great Wall securities, chairman of the same name, the reporter failed to confirm to whether it is the same person.

Shanghai high dollars of foreign investment enterprises including nanjing wing solid hair real estate co., LTD. And Shanghai real estate co., LTD., the former's main project for nanjing tangshan Howard Johnson international ecological hot spring tourism resort hotel group, covers an area of about 1000 mu, planning a total construction area of 330000 square meters.

In addition, the reporter failed to query to more information about Shanghai high yuan investment. Network news, Shanghai high yuan in 1991 was established in Sao Paulo, Brazil, the company is mainly engaged in the trade between China and Pakistan.

Curiously, as a reporter in Shanghai high yuan registered residence of the on-site visit, the company at the front desk staff is not know about the 8.7 billion order, face incredibly surprised expression. And hang out of the site is the company name as "Shanghai high yuan development co., LTD.", in the name without the word "investment".

The bureau's capital?

Unable to query to more information about Shanghai high yuan, we won't be able to understand high yuan to Shanghai from where to get such big orders.

It is important to note that the it also prompted the risk in its announcement, said "the actual production, because of the large amount of the order quantity will be adjusted according to the market demand is, there are fluctuations in the order quantity".

Amount of order and it is said that 8.7 billion yuan is "expected", not a final production quantity of the amount of revenue. Said Mr Their chairman secretary office staff, according to company's production capacity is no problem.

It is understood that the its, realized from raw material to final assembly all industrial automation, an average of 3 seconds out of eight products, annual output can achieve 2.1 billion sets. And the distribution of the order contract to about 400 million a year, has a large surplus production capacity.

Questions are in the market now, Mr, why don't you publish more detailed information? Investors do not know the it, how to increase production.

To order problem, the analysis of "the easy three board", Mr Its product sales channels worldwide, including Thailand, Brazil, Russia, and high yuan investment mainly is the trade between China and Pakistan. Its operating income increased sharply in 2015 thanks to vigorously expand of the market, market share, "so to get such a large order is likely".

Otherwise analysts put forward different opinions, the person said, less than two months of the new three board listed company to send such a gift market, do not rule out another capital layout arrangement.

Mr, publicly traded data indicated that the shareholders list includes a number of investment institutions. On June 16, offer information display, the its when the daily average price of 12.11 yuan, to sell shares to 380000 shares, the highest reported 13 yuan, the lowest for 10 yuan. After June 13, it is a deal, clinch a deal valence is 15.2 yuan per share, clinch a deal amount of 228000 yuan.