Datong canyuan shares are expected to achieve significant results

At the end of September 2008, canyuan for private equity to 14.5 yuan NT, Shangzhi semiconductor Datong group under the 16 thousand and 600 Zhang, canyuan holds 7.13% stake. It is understood that before March 2009, Datong group will be in private way, will increase canyuan holdings to 10%, more than the Chi Mei Group, became the largest shareholder of canyuan. Canyuan chairman Jane tomoto said, Datong group in canyuan 7.13% stake, in March 2009 will increase to 10%, will become the largest single corporate shareholders, and obtained two seats canyuan board.

At present, a total of 6 companies a month to use 120 million LED Datong group, Datong group to join, will have the blessing of canyuan performance. In November 3, 2008, canyuan spokesman Fu Zhenzhen said, according to the articles of association of the company canyuan, directors have five to nine seats, only seven seats, the future will retain two seats to the board of directors of Datong group. Canyuan become the two panel factory blessing upstream extension factory. Fu Zhenzhen said, this is a win-win combination, the Datong group, the future will have a stable source of chip, canyuan is increasing path prediction join Datong group, will help canyuan performance in 2009. Jane tomoto also stressed that the Datong group under the six companies, including Li Qing, lingju, CPT, elite, sintronic, Howard have LED demand, a month on average amount of up to 120 million, Datong group is active in the industry chain layout LED, canyuan can play an important role in the industrial chain.

It is understood that the CMO was in canyuan's shares, and did not set up a Qili photoelectric. Later, Chi Mei entered LED, although shares canyuan, but did not help much for the real performance of gem circle. The Datong group is currently in the whole industry chain extension and no plant, expected to Datong group will bring considerable performance for canyuan.

Source: LEDinside