[newsletter] Lee Yad revealed Mini LED progress, hucan won subsidiary cash dividends

Small batch production of COB Mini LED small space products is being tested in small batch

According to China network, yesterday (6), Yad said on the interactive platform, the company currently mainly research and development of COB Mini LED small spacing products, using Mini LED grain as a display pixel, reverse mode COB process processing, at the present stage is being carried out in small batch production.

Hua can optoelectronic received 120 million yuan of cash dividends from all subsidiaries

Yesterday (6) on the night, hucan optoelectronic (hereinafter referred to as "the company") issued a notice, the company recently received hucan optoelectronic (Zhejiang) Co., Ltd. (hereinafter referred to as "Zhejiang subsidiary") cash dividend of 120000000 yuan.

According to the announcement, Zhejiang subsidiary has incorporated all the subsidiary companies into the consolidated financial statements for the company. The company holds a share of 100% of the Zhejiang subsidiary. According to its articles of association and the decision of the shareholders, the number of undistributed profits in December 31, 2017 is 128282375.43 yuan in accordance with the audit of the big letter accounting firm (special general partnership). According to the company, cash dividends are 120000000 yuan to the company.

According to Hua can, the profit distribution will increase the net profit of the company's report in 2018, but it does not increase the net profit of the company's consolidated statement in 2018. Therefore, it will not affect the overall operating performance of the company in 2018.

For more information on LED, click on the LED network or pay attention to the WeChat public account (cnledw2013).