BOE 8 million yuan in Julong photoelectric become its largest shareholder

G BOE will enter the Shenzhen Julong photoelectric Co. (hereinafter referred to as "Julong photoelectric") the rumors finally got official confirmation. G BOE yesterday announced that the board of directors agreed to Julong photoelectric investment 8 million yuan, after the completion of the investment, the BOE will hold Julong photoelectric stake of 40%, becoming its largest shareholder.

Announcement shows, the former major shareholder of Shenzhen SASAC Shenzhen city shenchao Technology Investment Limited (hereinafter referred to as "ultra technology") also decided to increase 2 million yuan, after the capital increase, the registered capital of poly dragon photoelectric Limited company to 20 million yuan, accounting for 20% of the shares are still ultra technology.

In Julong photoelectric inception, TCL, SKYWORTH, Changhong, Konka announced a high-profile and over the company invested 2 million yuan, accounting for 20% of the shares, the BOE after the white, the four companies equity dilution, into each accounted for 10% of the equity.

According to Julong photoelectric relevant responsible person said, after the change of ownership structure, the two sides will re appoint the new management and the board of directors. According to the current negotiation, and served as chairman of the original ultra technology poly dragon photoelectric Co. chairman Yu Zhonghou will continue to serve as chairman, vice president Liu Xiaozhong will serve as general manager of BOE East, candidates still negotiate other positions, TCL, SKYWORTH, Changhong, Konka will only send a director to the board of directors. The BOE is located in Beijing, so there has been saying "what Julong photoelectric location is one of the focuses in Beijing or Shenzhen is on both sides of the argument, Julong photoelectric Julong photoelectric spokesman said, must be to stay in Shenzhen, this is the result of the parties have no objection. The official also said that the next step in the development of the focus of the project is the sixth generation LCD screen production.

Julong photoelectric spokesman said, usually built a panel factory needs at least 1 billion or even 2 billion dollars of investment, the total investment of the dragon is only 20 million yuan, according to the planning of the future will be the BOE, Julong photoelectric as the main body, combined with foreign enterprises, a total investment of $3 billion, therefore, Julong photoelectric next step there will be a big move.