As the LED lighting industry gradually enters the integration of deep water areas, more and more naked swimmers are appearing on the beach after the ebb tide. Recently, Hetai (002402) issued an announcement to transfer 60% of its shares in Hetai Lighting to the natural person Qiu Guimei at a price of RMB 0. After the transfer, the company holds a 10% stake in Hetai Lighting. Up to now, as Hetai Holding Co., Ltd. and Hetai Lighting have continued to lose money, the market positioning and operating results have failed to meet the company's strategic requirements and business expectations. The purpose of the company's external transfer is to comply with the company's strategic development plan and optimize the company's investment. Structure to improve the quality of company investment. The company's sale of the shares of Hetai Lighting is in line with the company's overall development strategy plan, which will help to further optimize the company's external investment quality and ensure the company's better investment income. Where does the 0 yuan transfer come from? As of the audit, as of December 31, 2016, the total lighting assets of Hetai Lighting was RMB 25,852,100, the total liabilities were RMB 42,875,600, the net assets were RMB -17,023,500, and the operating income for January-December 2016 was RMB 32,826,300. The net profit was -1.538 million yuan. The net profit generated by the company's transfer and the company's equity trading was approximately RMB 11 million, which accounted for approximately 9.19% of the net profit of the parent company in the most recent fiscal year. Up to now, there are a total of 15 shareholders of Hetai Lighting. Among them, the company holds 70% of the shares, and other natural persons hold a total of 30%. As of the evaluation date, the estimated book value of the assets was RMB 25,852,100, and the appraisal value was RMB 26,530,100; the book value of liabilities was RMB 4,287,560, and the appraisal value was RMB 4,287,600; the book value of net assets was RMB 127,023,500, and the net asset valuation was RMB 1,634.55. After 6 years, I have no choice but to exit the LED. In May 2011, Hetai announced that it plans to use the over-raised funds of RMB 7 million to invest in the establishment of a holding subsidiary, Shenzhen Hetai Lighting Technology Co., Ltd., to implement the “LED Modern Lighting Product R&D and Industrialization Projectâ€. The project plans a total investment of 100 million yuan, focusing on LED modern lighting products as the research and development direction, and finally realizes the industrialized operation of LED modern lighting products. By the end of 2013, Hetaitai Secretary said that the Shenzhen and Hetai Lighting Technology Co., Ltd. invested by the company had a high market position. At present, the subsidiary has realized the mass product delivery with international famous enterprises such as GE and Whirlpool. Liu Jianwei, chairman of Hetai, was confident in interviews with the media in previous years: "I want to emphasize that we are not afraid of industry competition. The intelligent control industry that the company is engaged in is also a fully competitive industry. We can eventually become many internationally renowned. Customers in China and even the only supplier in Asia can be said to be the result of competition. Similarly, in the field of LED lighting, we will continue to be the most respected “regular army†and leading enterprise in the industry. Then, the LED lighting industry is not the development that Liu Jianwei had predicted. In terms of its original main business, the company has achieved outstanding results. The data shows that the company's 2016 performance continued to grow at a high rate, in which the revenue of automotive electronic intelligent controllers and power tool intelligent controller products exploded, with an increase of 85% and 47% respectively. The traditional intelligent controllers for home appliances maintained steady growth. The annual revenue increased by 14.14%. In smart home hardware products, sales revenue exceeded 20 million, an increase of 158.88%. ceramic cap ceramic cap YANGZHOU POSITIONING TECH CO., LTD. , https://www.cnpositioning.com
