[October 8 LED Capital Trends] Aoyang Shunchang and Sanan Optoelectronics Co., Ltd. Received Government Subsidy

[Text / Gaogong LED Huang Yaping] Aoyang Shunchang (002245), announced on October 8 that the subsidiary Huai'an Aoyang Shunchang Photoelectric Technology Co., Ltd. received the payment from Huai'an Qinghe District People's Government on September 30, 2015. The 2015 subsidy subsidy fund was RMB 8 million. The subsidy funds will be fully included in the current profits and losses when they are received.

Aoyang Shunchang said that the subsidy funds received this time will not have a significant impact on the company's 2015 annual results, and will have a positive impact on the future operation of the company's LED business.

As early as November 2014, the subsidiary Huai'an Aoyang Shunchang Optoelectronics received a special subsidy of 10 million yuan from the Qinghe District People's Government of Huai'an City. The subsidy is earmarked for the introduction of advanced epitaxial furnaces and related equipment.

Yan Wei shares (300317), announced that the company received a notice from the major shareholder Zhenfa Energy Group that it held 32.53% of the company's shares, was frozen by the Beijing Higher People's Court, the freeze period from September 29 to 2018, 2015 September 28th.

Up to now, Zhenfa Energy Group has held a total of 83,212,735 restricted shares of the company after its initial public offering, accounting for 32.53% of the company's total share capital, all of which have been frozen.

The semi-annual report shows that facing the increasingly fierce competition in the LED industry, Weiwei has continuously strengthened its strategic adjustment and layout. In the first half of the year, Huayuan New Energy was acquired by way of issuing shares and paying cash.

Wei Wei said that the company will strategically integrate with the company's PV investment business team based on Huayuan New Energy's experienced team, making full use of the company's accumulated accumulation of resources and resources in the photovoltaic industry for many years. PV power plant investment and EPC business.

Sanan Optoelectronics (600703), announced that the wholly-owned subsidiary of the company, Fujian Jingan Optoelectronics, received a notice: according to the county government's goal of accelerating the cultivation of high-tech emerging industrial clusters, promote the development of LED photoelectric industry chain in Anxi County, and allocate Fujian Jingjing An Optoelectronics Co., Ltd. "technical three" financial subsidy funds totaled 170 million yuan.

Currently, the payment has been received. This amount is recognized as current income upon receipt and will have a positive impact on the company's third quarter results.

As early as April 2014, Sanan Optoelectronics signed an Investment Agreement with Xiamen City, engaged in the R&D and manufacturing industrialization project of integrated circuits in Xiamen City, and received 150 million yuan of special support funds for strategic emerging industries in Xiamen.

Qinshang Optoelectronics (002638), recently received the notice from the controlling shareholder Qinshang Group, Qinshang Group pledged 2.59% of the shares it held to CITIC Securities Co., Ltd. for the stock pledged repo business, the pledge period is one In the year, the initial trading day is September 29, 2015, and the repo trading day is September 29, 2016.

The two parties have gone through the relevant formalities at China Securities Depository and Clearing Co., Ltd. Shenzhen Branch, and the shares will be frozen and not transferable during the pledge period.

Lianjian Optoelectronics (300269), due to major issues, the company's shares have been suspended since the market opened on June 30, 2015.

Since the suspension of the company's stock, the company and all parties concerned have actively promoted the work of this restructuring. After detailed communication and cooperation programs with a number of target companies, and based on preliminary due diligence work, the company finally included four target companies in this restructuring.

The implementation of various work of the four target companies needs to be coordinated and discussed by many parties. The implementation period is long and there are many uncertain factors. At the same time, it takes more time to negotiate and communicate with the four target companies on the transaction plan, and the time for reaching a basic consensus is reached. Late in the evening, and the specific work to be finalized is more complicated. The finalization of the above work has been pushed to the end of September.

In addition, in the semi-annual report, Lianjian Optoelectronics stated that it has set up an investment fund to focus on quality projects in the fields of culture, advertising and internet that are in line with the company's development.

There is still uncertainty in this major asset restructuring, and the company's stock will continue to be suspended from the market on October 8, 2015.

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