The company said that in view of the fact that some of the conditions involved in the current major asset restructuring are not yet fully mature, some of the items in the negotiations are different and it is difficult to reach an agreement within the time limit for suspension of trading. The company decided to temporarily suspend the planning of this major asset restructuring. The company promised not to plan major asset restructuring matters within 6 months from the date of termination of this major asset restructuring and stock resumption. The company's business and development strategy will not be affected.
As a result of this year's performance turning point, Huacan Optoelectronics has become the star stock of the LED sector this year. The performance forecast shows that the company's profit in the first half of this year was 40.727 million yuan - 4501.51 million yuan, an increase of 185%-215% over the same period of the previous year. The reason for the change in its performance is that the main reason for the significant increase in the semi-annual performance in 2014 compared with the same period of last year is that during the reporting period, the growth of LED chip market demand has continued since the second half of last year, and the decline in product prices is basically reasonable. The profitability has rebounded significantly. As the third phase expansion project of the parent company was put into operation, most of the construction projects of the Suzhou subsidiary were put into operation.
There have been rumors of the market's acquisition of Huacan Optoelectronics. After the suspension of Huacan Optoelectronics, it is reported that Huacan Optoelectronics will suspend the acquisition of Yunnan Lanjing Technology Co., Ltd. In the introduction page of Blue Crystal Technology, Blue Crystal Technology is the largest and most advanced LED sapphire substrate manufacturer in China. At the same time, Blue Crystal Technology also hit the GEM IPO in 2010. In September 2010, Blue Crystal Technology began to accept the listing counseling of China International Capital Corporation. In October 2010, it introduced IDG Capital. Just on February 25, 2013, Blue Crystal Technology terminated its review and exited the IPO queue.
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