The market spread to EPISTAR Taigu photoelectric merger

Market yesterday (21) days after that, EPISTAR may further price of 45 yuan per share, the acquisition is Pan crystal electric group, a strategic partner of Taigu equity, and target to achieve more than 50% of the shares and the business initiative, Taigu chairman assistant Liu Sanbao yesterday (21) stressed that the company adhere to the management team sustainable management, and have no intention to make the company merger rumors, no matter.

Liu Sanbao pointed out that the two sides did not talk about the matter, the company will maintain a strategic partnership with crystal power, which also said that the crystal electricity market rumors too much, the company will not comment on the matter.

In yesterday morning's rumor spread, Taigu shares with the amount of intraday upside, not until 10:30 volume has been washed up on the 6800, the stock rose more than 4%, finally closed at 37.25 yuan, or narrowed to 1.6%, turnover jumped to 9310; three persons all stand in the buyer, bought 756 tickets daily.

Taigu in recent years after many cash capital increase, the introduction of crystal electric, LED packaging manufacturers billion light strategy partner, EPISTAR currently holds about 24% stake in Taigu, billion light holdings Taigu equity ratio of about 8%, in addition, 000 sea (including Xin Feng and other investment companies) also holds about 4% of taigu.

Taigu legal pointed out that the third quarter of this year gross margin is expected to maintain a considerable level with the previous quarter, approximately 32%, net income has the opportunity to be better than the second quarter growth in the fourth quarter; Taigu, pointed out that because the TV back light source cooling demand, forecast in the fourth quarter than the third quarter revenues may be reduced, plus the cost of materials such as sapphire substrate prices continue to rise, how many will be expected on gross margin impact.