Lehman photoelectric sprint gem backbone employees had equity incentive

According to China Commission announcement, Shenzhen Polytron Technologies Inc Lehman photoelectric on Friday will. It is worth noting that the company has implemented a large-scale equity incentive in December 17, 2009, only to the net asset value per share equivalent to the backbone of the business and management of employees in the middle of the company's investment holdings.

The company released information shows that in December 17th last year, the company decided to increase the registered capital of 3 million 800 thousand yuan, from the original $46 million 400 thousand to $50 million 200 thousand. Among them: Ceng Xiaoling, Wang Shaofang, Luo Bing 3 natural person invested a total of 500 thousand yuan; and Asahi investment invested 3 million 300 thousand yuan. After the capital increase, the company holds a 2.981% stake in Asahi Investment Holdings, the above were held by the company's 0.398%, respectively, 0.398% and 0.199% stake.

Luo Bing, Ceng Xiaoling, Wang Shaofang three people respectively, company secretaries, chief financial officer and deputy general manager, and Mr Xu is the investment by the issuer business backbone and middle management staff holding investment company. Wang Lishan, vice chairman of the company, which owns only 76.063% of the equity interest in the investment, the same time, the company also holds the largest shareholder of the company's stake in Lehman photoelectric 21.86% stake in the.

Lehman photoelectric claiming to be the manufacturer of high-end LED, packages and applications business located in the high-end LED, packaging products include dip, SMD and high-power LED device products, application products including LED display and LED lighting products. Financial data show that 2008, the year 2010, 1-6 months net profit of the company was $10 million 710 thousand, $21 million 420 thousand, $18 million 830 thousand.

The company intends to issue 16 million 800 thousand shares, accounting for 25.07% of the total issued share capital, to raise funds for high brightness LED package expansion project, high-end LED display and LED energy-saving lighting products expansion project and other main business-related working capital.

However, LED market competition is very fierce. At present, Elec-Tech, Sanan optoelectronics, Dazu laser etc. many listed companies are the main LED. LED packaging and application fields are fully competitive market, the current domestic professional production of LED packaging devices and applications of about more than 2 thousand manufacturers, the market concentration is low, the competition is more intense.

Market price, the price competition between manufacturers is the main factor. With the popularity of LED products, demand for the rapid growth of the upstream epitaxial wafer and chip to expand production capacity in the mature technology at the same time, a decline in the cost of raw materials to provide a larger space for the packaging and application of product prices, although LED devices and display the price range of products in recent years has been great, but still a fierce competition between manufacturers on the whole, the price will still maintain a downward trend, facing the risk of product prices continued to decline.