The strong style of the Sanan Group is like the "violet light" of the LED industry. With the support of the state power, Zeng Yisheng’s domestic crystal-plating faucet’s crystal power, threatened “to eat you without giving shares,†but with the downturn in the LED industry, Sanan has turned to the field of GaAs in recent years, and is striving for “ "Semiconductor", specializing in free rides, to obtain more state subsidies and market funds.
China-owned Sanan Optoelectronics wants to acquire Huanyu Communication Semiconductor (F-Huanyu), but because some of Huanyu's products are also supplied to US defense customers, the possibility of this acquisition being approved by the US is very low. (taken from Sanan Optoelectronics official website)
Open 5 times salary to dig my LED talent
Lin Xiucheng, the boss of Sanan Group, started his career in the steel industry. In the era of China's steel industry, the value of the oil industry rose, but with the booming economy after 2004, his leading Sanan turned from a transmission to a technology industry. With the support, the LED production capacity has been expanded, and the MOCVD machine that manufactures the LED die has subsidies. The government also provides LED street lamp orders to support the growth.
According to industry insiders, Jingdian had a team of hundreds of people in the entire department. They were still at work yesterday. They all disappeared today and were taken away by Sanan with five times the salary.
Lin Xiucheng is also active in the LED industry. Jingdian executives said that Lin Kezhen had come to Tuen Mun and expressed his willingness to buy shares in the chairman of Jingdian, Li Bingjie. After touching the soft nails, he screamed, "I will eat you if you don't give shares."
Special ride on the Chinese policy subsidy
At the end of 2012, Sanan bought a 19% stake in the domestic company, and became the first shareholding in the two sides of the Taiwan Strait. In July 2014, Jingdian opposed the Sanan Army and acquired 100%. The circle was dubbed by the industry as “blocking Huâ€.
San's unification of the LEDs on both sides of the Taiwan Strait has not been completed, and the LED industry has gone downhill. In the past three years, Sanan's profit per share has not exceeded one yuan (RMB). In June last year, the stock price was as high as 33 yuan (RMB). But recently it has fallen below 20 yuan, and the capital market is no longer given high praise.
So Sanan moved his brain to the field of gallium arsenide. Mainly China's active development of the Sanan Group's strong style, like the "purple" of the LED industry. And gallium arsenide is the "optoelectronic semiconductor" that touches the top. This kind of subsidy, growth, overcapacity, and the vicious circle of turning the blue ocean market into a red sea seems to be constantly staged in China.
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