[Text / Liang Yu] Since the outbreak of the sapphire concept last year, among the many sapphire concept stocks, Dongjing Electronics (002199.SZ) is undoubtedly in the leading position. Although the company's sapphire concept has risen in the secondary market, the proportion of sapphire products in its business is quite limited for Dongjing Electronics itself.
On April 3, Dongjing Electronics disclosed its 2013 annual results report, in which net profit increased by 178.84% year-on-year, while net profit after deducting non-recurring gains and losses decreased by 1154.19%.
On August 12 last year, Dongjing Electronics released an investment announcement indicating that the company intends to invest USD 18.8 million to acquire Ruikang Crystal (Chengdu) Co., Ltd. (hereinafter referred to as “Ruikang Crystalâ€) held by Rakon HK Limited (hereinafter referred to as New Zealand Ruikang). 80% equity, the premium rate is 8.88%.
According to the information, Ruikang Crystal was established on November 27, 2009. It is a Taiwan-Hong Kong and Macau legal person-owned limited liability company invested by Hong Kong Ruikang Company of New Zealand Ruikang Company. New Zealand Ruikang is a multinational company with world-leading and market-leading position in the application and development of quartz crystal oscillators. It is the world leader in the production of global positioning system quartz crystal oscillators. Most of the equipment used in Ruikang crystals is imported from Japan and has equipment developed by Ruikang New Zealand. At present, the company has 6 production lines and will expand to at least 30 at full load.
Ruikang Crystal has a total investment of 120 million US dollars and a registered capital of 50 million US dollars. The company's main products are quartz crystals and TCXO temperature-compensated crystal oscillators based on quartz crystals. They are mainly used in the field of positioning and mobile communication, and are mainly used by Dongjing Electronics. The industry is consistent. At present, Ruikang Crystal has a construction area of ​​12,000 square meters and a clean room area of ​​6,000 square meters. The total investment of the proposed equipment is 350 million yuan, but so far, the purchased equipment has a book value of 130 million yuan.
Relative to the gorgeous technical strength and profound background of Ruikang Crystal, the company's performance in recent years has been at a loss. The reporter found in the announcement disclosed by Dongjing Electronics that during the period from January to June 2013, Ruikang Crystal The realized operating profit was -306.06 million yuan, -688.20 million yuan, -55.6958 million yuan and -288.09 million yuan respectively. As of June 30, 2013, Chengdu Ruikang had total assets of 258 million yuan, total liabilities of 156 million yuan, operating income of 39.37 million yuan, and net profit of -68.91 million yuan.
Based on the relationship between Ruikang Crystal and Dongjing Electronics itself, Dongjing Electronics believes that this acquisition is a powerful measure to reduce costs. The relevant person in charge of the company also said that through the acquisition of the equity of Chengdu Ruikang, the company will achieve strategic cooperation with Hong Kong Ruikang and New Zealand Ruikang, further enhance the technical level of production technology, continue to strengthen the company's core competitiveness, and consolidate and enhance the company's electronics. The leading position in the component market. It is also beneficial for the company to cultivate professional and technical talents and management talents in the high-end quartz crystal components business field and promote the further development of the company.
"High-tech LED" reporter found through investigation that Ruikang Crystal has not been in a state of loss, and has not been able to inquire about the patented technology owned by the company on the national patent website. Compared with the "Gorgeous" disclosed by the announcement, Ruikang Crystal The true strength of the team still needs further confirmation.
From the perspective of Dongjing Electronics, the technical strength of New Zealand's Ruikang is undoubtedly high for domestic companies. Dongjing Electronics also took this opportunity to acquire the Ruikang crystal. At the same time, Dongjing Electronic Secretary Wu Zongze once said that he believes that Dongjing Electronics has the ability to achieve the transformation of Ruikang Crystal's performance.
As a listed company in New Zealand, New Zealand's Ruikang has a high position in the field of GPS. The company not only has more than 40 years of industry experience, but also has been a major supplier in the industry, including many Fortune 500 companies.
It is not difficult to find out from the annual report of New Zealand's Ruikang that in 2012 and the first half of 2013, New Zealand's Ruikang's operating income showed a downward trend, with losses of NZ$420,000 and New Zealand's 3.96 million (about 19.4 million yuan) respectively. . Compared with the losses of RMB 58.84 million and RMB 28.91 million in the first half of 2012 and 2013, New Zealand Ruikang apparently could not tolerate the continued loss of Ruikang Crystal. It is already a high probability event.
In the opinion of many insiders, New Zealand Ruikang previously held 85.4% of the shares of Ruikang Crystal. Support for Ruikang Crystal should be spared, but even under such circumstances, Ruikang Crystal still suffered losses in successive years, but After the transfer of equity by Dongjing Electronics, New Zealand’s shareholding ratio of Ruikang Electronics to Ruikang Electronics fell to 17%, but it was obviously not logical to turn losses.
According to the plan of Dongjing Electronics, it is based on Ruikang Crystal and forms a strategic partnership with New Zealand Ruikang. It also cooperates in scientific research, technology, capital, management and market for smart wireless device business for mobile communication. After the signing of the framework agreement, New Zealand Ruikang dispatched engineering and technical personnel to the company to guide and assist the business technology of the company's smart wireless device related products for mobile communication, in order to realize the rational use of the company and Chengdu Ruikang's existing production capacity.
In the capital market, the thinking of Dongjing Electronics to acquire technology is not uncommon. The former case of Foshan Lighting and Osram is the most typical case, but now the facts show that the latter was eventually "fudged" by Osram. An industry insider who asked not to be named believes that "it is not possible to rule out the possibility that Dongjing Electronics is also 'fudged' by New Zealand's Ruikang."
On April 3, Dongjing Electronics disclosed its 2013 annual results report, in which net profit increased by 178.84% year-on-year, while net profit after deducting non-recurring gains and losses decreased by 1154.19%.
On August 12 last year, Dongjing Electronics released an investment announcement indicating that the company intends to invest USD 18.8 million to acquire Ruikang Crystal (Chengdu) Co., Ltd. (hereinafter referred to as “Ruikang Crystalâ€) held by Rakon HK Limited (hereinafter referred to as New Zealand Ruikang). 80% equity, the premium rate is 8.88%.
According to the information, Ruikang Crystal was established on November 27, 2009. It is a Taiwan-Hong Kong and Macau legal person-owned limited liability company invested by Hong Kong Ruikang Company of New Zealand Ruikang Company. New Zealand Ruikang is a multinational company with world-leading and market-leading position in the application and development of quartz crystal oscillators. It is the world leader in the production of global positioning system quartz crystal oscillators. Most of the equipment used in Ruikang crystals is imported from Japan and has equipment developed by Ruikang New Zealand. At present, the company has 6 production lines and will expand to at least 30 at full load.
Ruikang Crystal has a total investment of 120 million US dollars and a registered capital of 50 million US dollars. The company's main products are quartz crystals and TCXO temperature-compensated crystal oscillators based on quartz crystals. They are mainly used in the field of positioning and mobile communication, and are mainly used by Dongjing Electronics. The industry is consistent. At present, Ruikang Crystal has a construction area of ​​12,000 square meters and a clean room area of ​​6,000 square meters. The total investment of the proposed equipment is 350 million yuan, but so far, the purchased equipment has a book value of 130 million yuan.
Relative to the gorgeous technical strength and profound background of Ruikang Crystal, the company's performance in recent years has been at a loss. The reporter found in the announcement disclosed by Dongjing Electronics that during the period from January to June 2013, Ruikang Crystal The realized operating profit was -306.06 million yuan, -688.20 million yuan, -55.6958 million yuan and -288.09 million yuan respectively. As of June 30, 2013, Chengdu Ruikang had total assets of 258 million yuan, total liabilities of 156 million yuan, operating income of 39.37 million yuan, and net profit of -68.91 million yuan.
Based on the relationship between Ruikang Crystal and Dongjing Electronics itself, Dongjing Electronics believes that this acquisition is a powerful measure to reduce costs. The relevant person in charge of the company also said that through the acquisition of the equity of Chengdu Ruikang, the company will achieve strategic cooperation with Hong Kong Ruikang and New Zealand Ruikang, further enhance the technical level of production technology, continue to strengthen the company's core competitiveness, and consolidate and enhance the company's electronics. The leading position in the component market. It is also beneficial for the company to cultivate professional and technical talents and management talents in the high-end quartz crystal components business field and promote the further development of the company.
"High-tech LED" reporter found through investigation that Ruikang Crystal has not been in a state of loss, and has not been able to inquire about the patented technology owned by the company on the national patent website. Compared with the "Gorgeous" disclosed by the announcement, Ruikang Crystal The true strength of the team still needs further confirmation.
From the perspective of Dongjing Electronics, the technical strength of New Zealand's Ruikang is undoubtedly high for domestic companies. Dongjing Electronics also took this opportunity to acquire the Ruikang crystal. At the same time, Dongjing Electronic Secretary Wu Zongze once said that he believes that Dongjing Electronics has the ability to achieve the transformation of Ruikang Crystal's performance.
As a listed company in New Zealand, New Zealand's Ruikang has a high position in the field of GPS. The company not only has more than 40 years of industry experience, but also has been a major supplier in the industry, including many Fortune 500 companies.
It is not difficult to find out from the annual report of New Zealand's Ruikang that in 2012 and the first half of 2013, New Zealand's Ruikang's operating income showed a downward trend, with losses of NZ$420,000 and New Zealand's 3.96 million (about 19.4 million yuan) respectively. . Compared with the losses of RMB 58.84 million and RMB 28.91 million in the first half of 2012 and 2013, New Zealand Ruikang apparently could not tolerate the continued loss of Ruikang Crystal. It is already a high probability event.
In the opinion of many insiders, New Zealand Ruikang previously held 85.4% of the shares of Ruikang Crystal. Support for Ruikang Crystal should be spared, but even under such circumstances, Ruikang Crystal still suffered losses in successive years, but After the transfer of equity by Dongjing Electronics, New Zealand’s shareholding ratio of Ruikang Electronics to Ruikang Electronics fell to 17%, but it was obviously not logical to turn losses.
According to the plan of Dongjing Electronics, it is based on Ruikang Crystal and forms a strategic partnership with New Zealand Ruikang. It also cooperates in scientific research, technology, capital, management and market for smart wireless device business for mobile communication. After the signing of the framework agreement, New Zealand Ruikang dispatched engineering and technical personnel to the company to guide and assist the business technology of the company's smart wireless device related products for mobile communication, in order to realize the rational use of the company and Chengdu Ruikang's existing production capacity.
In the capital market, the thinking of Dongjing Electronics to acquire technology is not uncommon. The former case of Foshan Lighting and Osram is the most typical case, but now the facts show that the latter was eventually "fudged" by Osram. An industry insider who asked not to be named believes that "it is not possible to rule out the possibility that Dongjing Electronics is also 'fudged' by New Zealand's Ruikang."
Drone DIY Parts include most of the accessories for Build A Drone. We can supply most of the parts, buy at one station. We also can supply the technicial support for our parts. The Carbon Fiber parts , Aluminium Alloy structure parts and propulsion system designed ourselves. Aluminium Alloy use usual use 6061 and 7075 material . Oxidized to black,red,titanium,Accept custom design also.
If you have any questions for follow accessories series can send inquiry to us: Drone Frame , Drone Motors, Drone Propellers,ESC,Raido transmitter, datalink ,telemetry,landing gear, folding joints, Alloy connectors, paradrop system etc.
Drone DIY Parts
Build A Drone,Build A Drone Kit,Diy Drone Frame,Diy Drone Build
shenzhen GC Electronics Co.,Ltd. , https://www.jmrdrone.com