Southern Metropolis Daily reported 　　 After the success of Shenglu Communication, the Foshan plate added “new peopleâ€. On April 2, Guangdong Foshan Guoxing Optoelectronics Co., Ltd. successfully passed the audit of the China Securities Regulatory Commission. So far, Foshan has added another listed company. It is reported that more than 10 enterprises in Foshan will submit application materials to the CSRC this year, more than 20 companies are undergoing listing and restructuring, and will strive to promote the listing of 5-8 companies within the year. Governor to investigate Guoxing Optoelectronics is currently one of the top three LED packaging companies in mainland China and a leading LED manufacturer in Foshan. The company has been a qualified supplier to IBM since 2010, and in January this year won the bid for LED spotlights that are centrally purchased by China Mobile's energy-saving lighting products. Guoxing Optoelectronics has a winning bid of 31.11% in LED spotlights. On the second day after the success of Guoxing Optoelectronics, Guangdong Governor Huang Huahua went to Foshan to investigate four LED manufacturers including Guoxing Optoelectronics. He said that from the current situation facing the post-international financial crisis Look, breakthroughs and important grasps are to accelerate the cultivation and development of strategic emerging industries, LED industry is one of the emerging industries. Fundraising for the construction of 4 projects According to the introduction of the National Star Optoelectronics Prospectus, the proposed public offering of no more than 55 million A shares, the total amount of funds to be raised is 504 million yuan. The funds raised will be used in the new surface mount LED technology transformation project, power LED and LED light source module technology transformation project, LED backlight technology transformation project, semiconductor lighting fixture key technology and industrialization four projects. Extended reading 8 years of restructuring As a company formerly a state-owned enterprise, Guoxing Optoelectronics was approved from the conversion to the listing, and it took 8 years. Executives invested more than 40 million The predecessor of Guoxing Optoelectronics was the Foshan Semiconductor Material Factory established in 1969. It belongs to the local state-owned enterprise under the ownership of the whole people. In 1990, it was renamed as “Foshan Photoelectric Equipment Company (Photoelectricity Company)â€, and its economic nature is still owned by the whole people. In 2000, Wang Haohao entered the photoelectric company. Two years later, the company officially changed its name to Foshan Guoxing Optoelectronics Technology Co., Ltd. From 2000 to 2007, Wang Haohao and other company executives passed the five steps of “restructuring – increasing capital (diluting state-owned shareholders) – all state-owned shareholders withdrawing – re-incrementing capital (introducing venture capital) – comprehensively clearing trade union shareholdings†The change has completely transformed this state-owned enterprise into a joint-stock enterprise. This process was called by the media as a "classic model of privatization of state-owned enterprises." In 2007, Guoxing Optoelectronics became a joint-stock company with three legal person shareholders and 45 natural person shareholders, including Wang Haohao, with a registered capital of 160 million. The three legal person shareholders are Foshan Sigma Venture Capital Co., Ltd., Guangzhou Chengxin Venture Capital Co., Ltd. and Foshan Guorui Investment Co., Ltd. Sigma itself is composed of 44 of the 45 natural person shareholders of Guoxing Optoelectronics. Wang Haohao is also the chairman of Guoxing Optoelectronics and Sigma. Guoxing Optoelectronics' prospectus shows that the company's assets totaled more than 680 million yuan. Our reporter found that in the past 8 years, Guo Xing Optoelectronics Chairman and General Manager Wang Haohao, Deputy General Manager Cai Juyi and Deputy General Manager Yu Binhai have actually invested only 45.61 million yuan to realize the control of this company. Two discounted state-owned assets for sale On October 18, 2002, nine natural persons including Zhengtong Group, Optoelectronics Trade Union Committee and Wang Haohao signed the "Investment Agreement" and agreed to invest 15 million yuan to establish Foshan Guoxing Optoelectronics Technology Co., Ltd. According to the preferential policies on the sale of state-owned assets at that time, Wang Haohao, Cai Juyi and Yu Binhai invested a total of 1.152 million yuan at a preferential price of 6.4%, and obtained a 12% stake in Guoxing Optoelectronics. In 2003, Guoxing Optoelectronics increased its registered capital from 15 million yuan to 20 million yuan, and Wang Haohao and other three people invested a total of 1 million yuan, which increased the shares of 3 people in the company to 14%. In 2004, in the process of completing the withdrawal of state-owned shares from Guoxing Optoelectronics, 22% of the shares held by Zhengtong Company were bought by other shareholders. Among them, the state-owned shares were again depreciated at a 10% discount, and Wang Haohao and other three people were in this equity change. A total of 2.79 million was invested and the stock increased to 21%. Established venture capital company holding Guoxing Optoelectronics Co., Ltd. In 2005, the registered capital of Guoxing Optoelectronics increased to 30 million yuan, and Wang Haohao and other three people invested 1.26 million in proportion. This time the shares have not changed. In 2006, Guoxing Optoelectronics increased its capital again, the registered capital increased to 40 million yuan, Wang Haohao and other three people contributed 7.29 million, and the shares increased to 25.88%. From July to August 2007, Guoxing Optoelectronics began to clean up the trade union shares held by 319 employees. Wang Haohao and other three people invested 32.12 million yuan together with 41 other natural person shareholders to set up Sigma. Subsequently, Sigma Venture Capital, Integrity Venture Capital, Guorui Investment and other three legal person shares, and Wang Haohao and other 45 people as promoters, in 2007 In the middle of the year, 1.9 billion net assets will be converted into shares, and the company with 160 million registered capital will be established. After the withdrawal of state-owned shareholders, Wang Haohao's personal equity rose to 8.9%; at this time, Wang and the other two core controllers held a total shareholding of 21%, which has basically controlled optoelectronic technology. Since then, Guoxing Optoelectronics has finally completed the restructuring of the pre-IPO enterprise by re-incrementing capital (introducing venture capital) and comprehensively cleaning up the shares held by the union. Before the IPO in 2010, Wang Haohao and other three people directly controlled 25.88% and indirectly controlled 18.85% through Sigma, a total of 44.73%, has become the actual controller of Guoxing Optoelectronics.
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