Scenery of the LED pioneer, why become the company's stock down the suspect?

Yang Hua responsible person is Zhan Shixiong, was Dr. electronic Jiaotong University, Jiaotong University, former president Zhang Junyan's favourite pupil, at the age of 27 when the advanced development of photoelectric chairman, is a scene of the LED pioneer, why now become suspect stocks down the company? In mid June, the listed company Yang Hua Technology by Bureau of investigation, suspected in the past 3 years, and Yu Wang, Chun Yi, and friends, good business, 100 Hui joint trading, beautification of false false financial statements, the number of transactions 1 billion yuan; the false financial report, another for cash capital increase and issue Switching Company debt to investors to raise funds fraud, resulting in the company lost a total of more than 2 billion yuan. Prosecutors have launched a two wave of mobile interviews. In June, Yang Hua responsible person Zhan Shixiong was back for surrender, Yang Hua chairman Lin Jiayi to 2 million yuan bail, including former Yu dongzuo Sun Guozhang also surveyed interviews, dragged down by the listed companies reached 6, there are more than and 10 small technology companies implicated, as the recent hit Taiwan market scandal. The second wave launched in mid September, Zhan Shixiong, Lin Jiayi is allowed to see the sound of lock up, increasing the situation. Among them, Zhan Shixiong is an important relationship between the hollowed out company, so that he can not understand the industry. Fake transactions, according to the understanding of fleecing the company billions of years LED Shi Zhan industry pointed out that Zhan Shixiong past but LED industry pioneer, Dr. he has Jiaotong University electronics, innovative research in the LED process, the theme of the dissertation is: "by low pressure metal organic chemical vapor phase epitaxial compounds selective area growth semiconductor crystal method", the main research by low pressure metal organic chemical vapor deposition (GaAs), for GaAs gallium phosphide (GaP), indium phosphide (InP) and gallium indium phosphide (GaInP) compounds, the growth process of evolution in the epitaxial semiconductor, which is the advanced process of LED. Professor Zhan Shixiong was guidance is the former president of Zhang Junyan Zhang Junyan University; University in the established National Laboratory (NDL), NM also recruit Zhan Shixiong as one of the important members of the laboratory. After graduating from Zhan Shixiong, the use of special semiconductor process in the production of LED, the establishment of advanced development of optoelectronics, 27 years old when the chairman of the board, in the LED industry can also be regarded as an outstanding person. Zhan Shixiong father is Pingtung a junior high school principal, Catholic families who aspire to, most want to rise head and shoulders above others served as chairman of the board, the listed company; but Zhan Shixiong was the lack of high-tech talent, enterprise management capabilities, especially LED product price volatility, if the inventory management is improper, it will lose a lot of money. A deputy general manager Huang Denghui early (later advanced photoelectric LED listed company chairman and general manager of lextar) to assist in lean management, growth for the company's overall performance, profitability is also very good, every year to maintain EPS (net income per share) 4 to 5 yuan level; later, Huang Teng Hui left advanced photoelectric, inventory management company started out of the question, if the performance is not the past scenery while logged in emerging, but due to the decline in performance, want to go listed is one step away. 2007, things have changed, because Hon Hai optimistic about the LED industry, more optimistic about the China lighting market, therefore, the Hon Hai's Pei Xin shares by way of private placement, advanced power, hope Pei Xin Development of LED streetlamp, Foxconn is responsible for the relevant cooling technology, from the days of Yu development of LED driver IC, advanced power development LED module together, LED Street business Chinese snatch, was also made on the general manager Shi zhan. Later, Pei Xin with advanced photoelectric, market speculation China LED Street business theme, Pei Xin shares from 80 yuan to 300 yuan, surged; it is reported that Zhan Shixiong in the wave LED frenzy, clearing stock holdings, profit of several hundred million dollars, so leave the advanced electric. Was Zhan Shixiong listed chairman of dreams, have a lot of money, so he wanted to backdoor listing, through Taichung construction company gold master introduced in 2007, so that the original white backdoor mekelong gold the Baojia construction Lin Chen sea family, agreed to sell the stake in gold mekelong Yang Hua, therefore the white crystal technology by nitrogen in March 2012, later renamed Yang Hua, enter the LED testing business. To Taichung gold master, backdoor listed industry that fight, Zhan Shixiong seems to be poor financial management, it is reported that, later to finance general manager Yang Hua Lin Jiayi, because Zhan Shixiong in the advanced photoelectric chairman, knew was in rent when the business of Lin Jiayi, then Zhan Shixiong left the advanced power, founded the Hong measuring technology, then please Lin Jiayi as the finance manager, the Hong technology financial power over to Lin Jiayi, which led to Lin Jiayi began to have the power to manipulate all financial companies. The use of Lin Jiayi and other listed companies trading business, the financial statements to beautify the fake transactions, the process led by Zhan Shixiong or Lin Jiayi, the outside world is not known, is also the first case to clarify the main mediation. But Yang Hua announced its entry into the LED testing business, insiders knew that may be false; the original LED detection leader, Taiwan and China in Long Yuan led the company in recent years, high performance, industry insiders wonder, Yang Hua's performance is how to create it? Last year, when Yang shares soared from 30 yuan to $100, industry professionals to determine the future of Yang will be an accident. Backdoor, Yang Hua earnings performance is indeed rising, 2011 revenue was only 328 million yuan in 2012 revenue growth to 626 million yuan;