In an optoelectronic letter batch violation whirlpool is still behind the stock investors

Three optical $1 billion 180 million big one did not disclose the alleged violations of the Sanan optoelectronics news, yesterday became the hot news websites reproduced, this also let in the approval letter alleged breach of three optical vortex.

According to media reports, the afternoon of September 8th, held in Xiamen International Convention and Exhibition Center of the fourteenth session of China international investment and trade fair that one makes all Sanan Optoelectronics (600703.SH) investors good news: 80 billion yuan merchants signed a delegation in Anhui and abroad, Fujian Sanan Au Optronics Co monopoly of the Wuhu City 1 billion 180 million the dollar high concentrating solar systems and components production project. But any progress on the project, not to delay the announcement of Sanan optoelectronics.

To this end, an optoelectronic secretaries Yi Shengze Yi said: "if it is true, the company had announced, they reported a $1 billion 180 million single is certainly false, these two days have been received such a call, I really have a headache".

Yes, as the saying goes, bad things do not go out, go out for thousands of miles, for a listed company, his actions affect the hearts of countless investors. Significant events should be disclosed in a timely manner in order to avoid adverse consequences.

But if, like Yi Shengze said, the outside world is false to their alleged $1 billion 180 million single, then the company read the report timely to make a response to this incident? In this regard, a senior lawyer law firm lawyer Xu believes that if the media disclosure event caused the abnormal changes of the company's share price then, the company will be a notice to clarify the truth, on the other hand, the company will not be issued notice.

The company did not release $1 billion 180 million project announcement

Check the company announcement found that in its announcement did not find the corresponding announcement on the production of $1 billion 180 million project. Only in August 3rd, the company announced the establishment of a joint venture company in the United states. An optoelectronic said $18 million with the United States EMC ORE Corporation ($12 million) to build a partnership of three photovoltaic limited liability company, vigorously develop photovoltaic market. Joint venture will produce the third generation photovoltaic products - high concentration solar cells. The joint venture is located in Wuhu economic development zone. In addition, EMCORE and Corporation also Sanan optoelectronics "on the ground with high concentrating solar power systems and components of the project investment cooperation agreement with the Wuhu Municipal People's government signed the". According to the above, the Wuhu Municipal People's government will provide a series of preferential policies and conditions for the joint venture company; at the same time, the joint venture will also invest in Wuhu to foster the ground with high concentrating solar power systems and components research and development center, and strive for the support to become the National Research and development center.

As one of the main business is the production and sale of electronic products, as well as electronic industry technology research and development company. Sanan optoelectronics and us EMCORE cooperation, and joint venture in Wuhu economic and Technological Development Zone established three photovoltaic limited liability company, engaged in design, the third generation solar technology research and development.

It is understood that the United States Emcore is the world's leading supplier of fiber optic communications and solar market applications required compound semiconductor components. Main business includes fiber optic communications, solar cell compound semiconductor components, etc.. According to the joint venture agreement after the establishment of Emcore, Sanan optoelectronics and related technology of their free license to use the joint venture.

Some analysts said, at home and abroad of photovoltaic power generation is in a period of rapid development, the three optical and EMCORE in hand, its future development prospects. Also, an optoelectronic three stock prices in recent days to release part of the expected market. August 3rd, the company announced a joint venture with the u.s.. On the same day, the company shares tiaokonggaokai, rose for two consecutive days, the share price of 48 yuan from the resumption of the day was rushed to the historical high of 53.89 yuan. Then due to market volatility, the company's share price was in a consolidation period, yesterday, when the company was suspected of violating the letter Phi storm, the company's share price is still high price of 50.99 yuan.

Helpless in the face of the storm

As a leading led company, Sanan optoelectronics shares have been the object LED the concept of speculation, the stock price to a high of $78 in January 20th this year had risen. In September 8th, three optical company should be a good day, because on this day, the State Council executive meeting, considered and approved in principle the "decision" of the State Council on accelerating the fostering and development of strategic emerging industries, determine the strategic emerging industries will be the leading industry of our national economy and pillar industry. Among them, the energy conservation and environmental protection industry included in the focus of nurturing the object, as the benefit of the relevant listed companies, should be in the arrival of good policies have better performance. But that same day, three optical and $1 billion 180 million single together, over the alleged violations reported, let an optoelectronic in controversy. Yesterday's opening up, and ultimately failed to maintain a strong rally at the opening, closing at 3.18% to close at $51.64.