Wuhan Optical Valley Laser reorganization plan three stranded

China Suppliers


Wuhan laser industry restructuring last endogenous variable, Optics Valley, one of three Chinese workers of laser technology, announced the temporary suspension of the previous board of directors through private placement and laser restructuring. This means that Chinese workers Chutian Laser technology has suspended the work of reorganization.

   Chinese laborers and technology, said the decision is to accept the above recommendation institution issuers --- United Securities Co., Ltd. made the proposal. United Securities believes that the proposed acquisition of part of the main adverse changes in financial position, operating results, lower than expected, to complete the acquisition of this offering and the reorganization of science and technology will not help strengthen the core competitiveness of Chinese laborers and profitability.

   At the same time laborers and Technology announced plans to use its own funds and unity to achieve laser restructuring. Board of Directors believes that laser to achieve industrial restructuring and unity is the powerful combination of laser industry, is the laser industry realize their strategy to enhance the performance of the company's needs. In the previous re-issue application and the laser industry experienced a difficult situation, companies can use their own funds to complete the restructuring of industries and solidarity laser. Meanwhile, six months after the completion of the reorganization, the company will continue the theme of the laser project, restart the refinancing work. The completion of the acquisition, technology will be in China, Chinese laborers leading manufacturer of high-power laser cutting equipment. cantonese restaurants

  HG technology to create the process of laser carrier could not go on as scheduled. The company has decided to terminate the private placement, acquisition, laser induced odd also will stop working. Described to investors in early blueprint for the laser carrier fell through. callaway x tour

Directed additional stop abu simbel temple

In February of this year, Chinese workers extraordinary general technology for the first time passed a resolution to the additional development of approximately 340 million and fund-raising for the restructuring of Wuhan's laser industry, its invested mainly three blocks, one of Chinese workers to its laser replenishment; second acquisition Chutian Laser's odd cause laser, while its capital increase; Third, establish a joint venture with the unity of laser, controlling its original unity laser laser industry.

In the meantime a grand signing ceremony, Chinese laborers and Technology Chairman Ma Xinjiang have publicly described the company's re-build laser through the aircraft carrier, catch up with the blueprint of Shenzhen Han's Laser. Once the restructuring moves also affected the market bullish.

Guessed blueprint quickly evaporated. The company suddenly announced yesterday, raising funds for The proposed acquisition of part of the main adverse changes in financial position, operating results below expectations, continue to complete the acquisition of this offering and the reorganization will not help strengthen the company's core competitiveness and profitability, it was decided withdraw the application materials.

Church as the focus of laser induced

Although the notice did not clearly indicate which one wish to buy the assets of the financial situation changes, but the laborers technology secretaries to directorate Xing-Guo Yang told reporters yesterday, "is the singular cause of laser." As to what its financial position appear specific changes, and so company "Qiaobu Shang" and even additional termination of Dry no information.

Public information, Chutian Laser's laser is the singular cause of China's largest production and business class laser and light medical treatment, beauty equipment for the main business of high-tech enterprise, its medical laser products in the domestic market share of 50%.

In fact, the Chinese workers after the issuance of notice technology is also recognized that the laser induced odd position, saying that strong profitability, with good investment prospects. United Assets Appraisal Co., Ltd. Hubei public a report issued by states, from 2000 to 2006 for three consecutive years the company on a fully diluted net assets yield rate reached 37.04%, 21.42% and 38.28%.

Such a good state really a mutation in six months? Interview with Xinhua, chairman of Sun Yat Chutian laser. Sun Wen told reporters in a telephone in the first laborers asked in detail about the presentation technology announced, and then blandly said: "They said they, we temporarily make any statement." Laser induced on the odd actual operating conditions, without making note Sun Yat-sen .

But last night a person clear of laser induced Qi told reporters that operates normally, without any adverse change. In view of this, Chinese laborers Chutian laser technology and other reasons behind the split.

Chutian laser or go it alone

Wuhan laser industry has been concerned with investment bankers last night told a reporter that an important reason why the two sides parted ways should be the restructuring of prices.

According to the bulletin, after breaking up with Chutian laser, Chinese workers will own funds re-unite science and technology of laser, but compared to the previous program, the two sides stake in maintaining and unity under the same laser contribution, the less laborers Technology invested about 25 million yuan. This shows that the past six months, three were still on the reorganization bargain price, but finally made a concession only unity laser, while the Chinese laborers technology is not "will eat" their strength is not inferior to their own Chutian laser.

The source told reporters, in fact, had been listed Chutian Laser intention, but since last year, driven by the relevant departments, Chutian laser before and solidarity with the laborers laser laser came together and consider the way through the industrial restructuring into technology platform for the listing of Chinese laborers.

The source said the current conditions, market accessibility Chutian laser directly. Wuhan, there are still more than 10 large and small laser company listed Chutian laser can also be implemented after the merger expansion plans, not only to the laborers and Technology "kowtow" to this path.

Background

   January 13 this year, three laser Optical Valley Technology Enterprise --- laborers, Chutian Laser and solidarity laser, re-signed merger agreement. Three laser corporate restructuring framework: the parent company of Chinese laborers laser technology --- --- Chinese laborers directed additional share capital, Chutian Laser laser and unity into the way of assets for shares, thus becoming shareholders of Chinese laborers and technology, and ultimately co-3 one.

     HG laser technology is a core subsidiary of Chinese laborers, Department of Huazhong University of Science and Technology run enterprises, its laser business, including laser and laser image works two blocks. Chinese workers engaged in high-power laser and laser devices, laser processing equipment of large R & D, production and sales, is our comprehensive security center and the main base of laser holography industry.

Private enterprises Chutian Laser is the largest production base of the battery of laser welding machine, is Asia's largest manufacturer of medical laser products. As of now, the market has nearly a hundred kinds of beauty and laser medical laser products.