After a lapse of one year, the "joint venture company" that had been placed on high hopes and carrying the new hope of Foshan's LED business finally declared it.
On June 29, Foshan Lighting said through an announcement that “Because of the impact of changes in the market and technological environmentâ€, Foshan Lighting no longer believes that it is a joint venture with Ritzika Kechuang Co., Ltd. (Hong Kong) in June 2011. Zhaoxin Light Source Technology Co., Ltd. (hereinafter referred to as the New Light Source Company) can “generate economic benefitsâ€. In the end, after consultation between the two parties, "the decision to dissolve and liquidate the new light source company."
Despite the 10 announcements “covering†issued by Foshan Lighting on June 29, the news about the dissolution and liquidation of the new light source company is not so eye-catching; even though in this announcement, the company emphasized that it has been in “2011â€. At the end of the year, the LED business unit was established. The dissolution of the new light source company has no impact on the LED business of Foshan Lighting. But in fact, before and after the "new light source company announced the dissolution", several brokers unanimously lowered the rating of Foshan Lighting; many research reports also revealed the market's growth point in the expectations of Foshan Lighting - LED and Concerns about the prospects of lithium batteries.
Establishment and dissolution in 1 year
On April 28, 2011, in the “Announcement on the Investment and Establishment of Guangdong Fozhao New Light Source Technology Co., Ltd.†issued by Foshan Lighting, the company announced for the first time that it will establish a joint venture with Ritzika Kechuang Co., Ltd. in Foshan. Light Source Technology Co., Ltd., the production and operation of PCR high color rendering, low color temperature white LED light source lighting products.
The registered capital of the company reached 222 million yuan, of which Foshan Lighting invested 122 million yuan in cash, accounting for 55% of the shares. Lijia Kechuang Co., Ltd. has invested 100 million yuan in its evaluation of PCR high color rendering and low color temperature white LED proprietary technology, accounting for 45% of the shares.
Foshan Lighting's test results of this "PCR high color rendering, low color temperature white LED proprietary technology" show that under the same chip condition, LED light source with color rendering index of more than 90% and different color temperature can be obtained by this technology. The luminous efficiency is higher than 25% of similar LED light sources at home and abroad.
It is no wonder that Foshan Lighting once said that "in recent years, our company has been looking for opportunities to cut into the LED industry" as the opening statement of this "new company establishment announcement". It is not difficult for people to realize that Foshan Lighting has placed great hopes on this cooperation.
However, one year later, the time has passed, and with the chaos of the LED market, Foshan Lighting’s attitude toward “cooperation†has also changed. So in the announcement of "New Light Source Company Disbanded", Foshan Lighting admitted that "the company's original development project has a large market risk. Since its establishment, it has not carried out actual operations. The company's existence will only increase the corresponding management fees. Producing economic benefits will seriously damage the interests of the shareholders of the company."
Victory and defeat are commonplaces of the military, but people are puzzled by the fact that such outstanding technology is escorted by Foshan Lighting, which is known as the "Chinese Light King". How can it be so defeated? Regrettably, the reporter failed to get in touch with Foshan Lighting on the above issues.
Ten million yuan investment
According to the announcement, the new light source company has not been in actual operation since its establishment. In other words, the company has not made any profit.
In addition, since the partner of Foshan Lighting, Ritz Kechuang Co., Ltd., has invested in “technical price†and has not paid the real money, then the cooperation will only consume 10 million yuan of capital invested by Foshan Lighting. .
According to the announcement, as of the end of 2011, the new light source company has a paid-in capital of 10 million yuan, total assets of 901,188,000 yuan, net assets of 8,838,800 yuan, and undistributed profits of -1,611,200 yuan. In addition, the expenses incurred in the liquidation process of the new light source company and the costs incurred in transferring the two patents back to Ritz-Carlton Co., Ltd. will also be borne by Foshan Lighting.
"Foshan Lighting may have lost confidence in this cooperation." An industry insider who did not want to be named told reporters.
After all, according to the agreement between the two parties, Foshan Lighting should pay the first phase of investment of 55 million yuan within 30 days after the issuance of the joint venture company's business license. The remaining capital contribution will be completed within 2 years after the joint venture company's business license is issued. However, until the new light source company was dissolved, the actual capital contribution of Foshan Lighting was only 10 million yuan.
As Foshan Lighting stated in the announcement, “In recent years, our company has been looking for opportunities to cut into the LED industryâ€. According to public information, as early as 2010, Foshan Lighting had signed an agreement with the United States Bridgelux (Puri) Optoelectronics Co., Ltd. to cooperate in the LED project, in the country to develop high lumen LED bulbs, lamps production and sales.
However, to this day, these attempts and efforts have failed to bear fruit. "Foshan Lighting 'China Light King' name only applies to the traditional lighting era, and now its transformation is not 'forward looking' but 'have'." The above-mentioned insiders told reporters.
Starting from October this year, China will ban the sale and import of incandescent lamps for general lighting of 100 watts and above; by October 1, 2016, it is forbidden to sell and import incandescent lamps for general lighting of 15 watts and above.
For Foshan Lighting, it is both a dead point and an opportunity. We must know that the annual output of Foshan lighting incandescent lamps is more than 500 million. With the gradual withdrawal of incandescent lamps from the historical stage, the civilian market will have a vacancy of 100 billion. However, this also requires Foshan Lighting, which has set LED as its development strategy, to find a breakthrough in the industry in time.
On June 29, Foshan Lighting said through an announcement that “Because of the impact of changes in the market and technological environmentâ€, Foshan Lighting no longer believes that it is a joint venture with Ritzika Kechuang Co., Ltd. (Hong Kong) in June 2011. Zhaoxin Light Source Technology Co., Ltd. (hereinafter referred to as the New Light Source Company) can “generate economic benefitsâ€. In the end, after consultation between the two parties, "the decision to dissolve and liquidate the new light source company."
Despite the 10 announcements “covering†issued by Foshan Lighting on June 29, the news about the dissolution and liquidation of the new light source company is not so eye-catching; even though in this announcement, the company emphasized that it has been in “2011â€. At the end of the year, the LED business unit was established. The dissolution of the new light source company has no impact on the LED business of Foshan Lighting. But in fact, before and after the "new light source company announced the dissolution", several brokers unanimously lowered the rating of Foshan Lighting; many research reports also revealed the market's growth point in the expectations of Foshan Lighting - LED and Concerns about the prospects of lithium batteries.
Establishment and dissolution in 1 year
On April 28, 2011, in the “Announcement on the Investment and Establishment of Guangdong Fozhao New Light Source Technology Co., Ltd.†issued by Foshan Lighting, the company announced for the first time that it will establish a joint venture with Ritzika Kechuang Co., Ltd. in Foshan. Light Source Technology Co., Ltd., the production and operation of PCR high color rendering, low color temperature white LED light source lighting products.
The registered capital of the company reached 222 million yuan, of which Foshan Lighting invested 122 million yuan in cash, accounting for 55% of the shares. Lijia Kechuang Co., Ltd. has invested 100 million yuan in its evaluation of PCR high color rendering and low color temperature white LED proprietary technology, accounting for 45% of the shares.
Foshan Lighting's test results of this "PCR high color rendering, low color temperature white LED proprietary technology" show that under the same chip condition, LED light source with color rendering index of more than 90% and different color temperature can be obtained by this technology. The luminous efficiency is higher than 25% of similar LED light sources at home and abroad.
It is no wonder that Foshan Lighting once said that "in recent years, our company has been looking for opportunities to cut into the LED industry" as the opening statement of this "new company establishment announcement". It is not difficult for people to realize that Foshan Lighting has placed great hopes on this cooperation.
However, one year later, the time has passed, and with the chaos of the LED market, Foshan Lighting’s attitude toward “cooperation†has also changed. So in the announcement of "New Light Source Company Disbanded", Foshan Lighting admitted that "the company's original development project has a large market risk. Since its establishment, it has not carried out actual operations. The company's existence will only increase the corresponding management fees. Producing economic benefits will seriously damage the interests of the shareholders of the company."
Victory and defeat are commonplaces of the military, but people are puzzled by the fact that such outstanding technology is escorted by Foshan Lighting, which is known as the "Chinese Light King". How can it be so defeated? Regrettably, the reporter failed to get in touch with Foshan Lighting on the above issues.
Ten million yuan investment
According to the announcement, the new light source company has not been in actual operation since its establishment. In other words, the company has not made any profit.
In addition, since the partner of Foshan Lighting, Ritz Kechuang Co., Ltd., has invested in “technical price†and has not paid the real money, then the cooperation will only consume 10 million yuan of capital invested by Foshan Lighting. .
According to the announcement, as of the end of 2011, the new light source company has a paid-in capital of 10 million yuan, total assets of 901,188,000 yuan, net assets of 8,838,800 yuan, and undistributed profits of -1,611,200 yuan. In addition, the expenses incurred in the liquidation process of the new light source company and the costs incurred in transferring the two patents back to Ritz-Carlton Co., Ltd. will also be borne by Foshan Lighting.
"Foshan Lighting may have lost confidence in this cooperation." An industry insider who did not want to be named told reporters.
After all, according to the agreement between the two parties, Foshan Lighting should pay the first phase of investment of 55 million yuan within 30 days after the issuance of the joint venture company's business license. The remaining capital contribution will be completed within 2 years after the joint venture company's business license is issued. However, until the new light source company was dissolved, the actual capital contribution of Foshan Lighting was only 10 million yuan.
As Foshan Lighting stated in the announcement, “In recent years, our company has been looking for opportunities to cut into the LED industryâ€. According to public information, as early as 2010, Foshan Lighting had signed an agreement with the United States Bridgelux (Puri) Optoelectronics Co., Ltd. to cooperate in the LED project, in the country to develop high lumen LED bulbs, lamps production and sales.
However, to this day, these attempts and efforts have failed to bear fruit. "Foshan Lighting 'China Light King' name only applies to the traditional lighting era, and now its transformation is not 'forward looking' but 'have'." The above-mentioned insiders told reporters.
Starting from October this year, China will ban the sale and import of incandescent lamps for general lighting of 100 watts and above; by October 1, 2016, it is forbidden to sell and import incandescent lamps for general lighting of 15 watts and above.
For Foshan Lighting, it is both a dead point and an opportunity. We must know that the annual output of Foshan lighting incandescent lamps is more than 500 million. With the gradual withdrawal of incandescent lamps from the historical stage, the civilian market will have a vacancy of 100 billion. However, this also requires Foshan Lighting, which has set LED as its development strategy, to find a breakthrough in the industry in time.
A Gan charger, also known as a GaN (Gallium Nitride) charger, is a type of power adapter that uses Gallium Nitride technology to provide high-efficiency charging for electronic devices. Gan chargers are known for their compact size, faster charging speeds, and reduced energy consumption compared to traditional chargers.
Gallium Nitride is a semiconductor material that allows for higher power density and better thermal management, enabling Gan chargers to deliver more power while generating less heat. This technology is particularly beneficial for fast-charging smartphones, tablets, laptops, and other devices.
Gan chargers typically feature multiple USB ports or other charging connectors, allowing users to simultaneously charge multiple devices. They are also compatible with various fast-charging protocols, such as Power Delivery (PD) and Quick Charge (QC), making them versatile for different devices.
Overall, Gan chargers offer a more efficient and convenient charging solution for modern electronic devices, providing faster charging times and reducing the number of chargers needed for multiple devices.
Gan Charger,Gan 65w Charger,Baseus 65w Gan Charger,Aukey 65w Charger
Pogo Technology International Ltd , https://www.wisesir.net