The detained crew of a healthy diet are to protect ship owners said that if the release of more than 10 hours to get home
Chinese crew of the Korean militants seized the event has been a full ten days, Replacement for ASUS a32-c90 Battery , the Chinese Embassy in the DPRK, said the Chinese crew members safe, part of the detained vessel and crew return.
Morning, the detained vessel owner, to accept an interview with the Legal Evening News “reporter, said that has not yet received the news of the return of the crew, however, he said, if released, should be more than a dozen hours to get home.
Consular Counsellor of the Chinese Embassy in the DPRK, Jiang Asia, said in an interview, the DPRK informed China safety of the crew unharmed, diet, health have to protect part of the detained vessel and Replacement for ASUS K40IN Battery return. In addition, the Chinese Embassy in the DPRK will continue efforts to ensure that problems are properly resolved as soon as possible.
In addition, the past few days, Chad is the ambassadors and the diplomatic, consular officials have been on the issue of North Korea recently snatch Chinese fishing boats with the DPRK to negotiate and maintain communication requires the DPRK to ensure the legitimate rights and interests of the Chinese crew.
Immediately visit if released more than a dozen hours to get home
“I read the news to know this news.” This morning, the Chinese fishing boats in the seizure event, Sun Choi Hui said in an interview with the Legal Evening Replacement for ASUS UL50A Battery “reporter,” but reported only that part of the vessel and the crew return, but this is’ part of the ‘do not know is which one. ”
Sun Choi Hui told reporters, detained vessels belonging to different owners, they have already lost contact with detained persons, and therefore can not confirm who was put.
“If the news release is true, then it more than a dozen hours, the crew will be able to get home to his analysis.”
Another named Dechang owner also said that there has been no crew back to the news, all the families in the latest news.
Arrest of Ships, events at a glance
Time: May 8, 2012
Location: longitude 123 degrees 57 minutes north latitude 38 degrees 05 minutes Sea, 124 degrees east longitude, the two countries maritime boundary.
The incident: three Chinese fishing boats were forcibly taken away by unidentified people, 29 of the total fishermen missing
To save the home appliance industry? Save the PC industry? Before the birth of Apple’s Smart TV, the PC and household electrical appliance enterprises have been ready, trying to catch up in the layout of the card bit before Apple.
May 8, Lenovo officially launched the Smart TV products. Prior to this, Skyworth, COMPAQ Presario V2000 Battery , including the mainstream domestic color TV giants are involved in the field of smart TV, play “Internet TV”, “smart TV” and other gimmicks.
However, before the Apple smart TV unborn, who do not know that the insurgents been leading the industry changes, how will the cards. But be sure, Apple will play what role in this competition also depends on its business model from phone copy it to your TV.
/ News /
Who Controls to clashing smart TV appliance manufacturers and IT giants?
Internet active, living room home entertainment center, TV is still considered the key COMPAQ Presario V4000 Battery for the home entertainment center. Many industry insiders believe that, with the further development of new mobile Internet terminals, smart TV will replace the traditional TV, a smart phone after a rapid rise of the mobile consumer market.
Apple products into the industry to track focus
Early in 2010, Google launched GoogleTV and launched two new second-generation flat-panel TVs. Microsoft’s smart TV system is also in development.
The greatest concern is Apple. Jobs after the death of his official biography revealed his lifetime trying to create an integrated various functions, the use of very simple and smart TV, the TV can be seamless synchronization of a variety of devices with Apple’s Apple’s cloud service iCloud no need to switch between a variety of remote control.
Since then, all the news about Apple smart TV has touched the heart of the traditional home appliances and IT giants. These manufacturers are all trying to find the Apple smart TV product design ideas, so as not to repeat in the field of mobile phones and tablet computers by Apple to make a flat-footed mistakes.
Apple-specific label to the outside world unlimited reverie Apple smart TV: Apple TV built into the camera for facial recognition, and zoom the user face, the user can move around in the room to track, which allows users to lying can make video calls on the sofa. Support Siri is, you can even use voice commands to initiate FaceTime calls.
Widely speculated that Apple will continue to maintain a closed platform concept, smart TV will continue to follow the iPad, iPhone hardware and software integration, product development ideas.
Main difference competition for domestic enterprises
At present, the exact time to market of the Apple TV is still not known, the above conjecture would become a reality, is still unknown. However, for domestic manufacturers, no one wants to miss this train smart TV.
“Daily Economic News” noted that both the PC makers or traditional home appliance COMPAQ Presario V6000 Battery , on the concept of smart TV, 3D display, voice operations, and providing rich resources of Film and Television, somatosensory games, intelligent application, multi-screen interactive , but each of the focus is different.
As one of the big brother of the domestic television companies, Skyworth last year, the first to introduce cloud television, a move that triggered a major TV manufacturers have followed suit, television began to enter the cloud era.
Skyworth Group, the regional marketing headquarters, general manager Liu Yaoping on the “Daily Economic News”, TV Skyworth core business, and how out of differentiated products, to seize more market share on Skyworth in terms of critical.
The Konka end product relevant person in charge to the “Daily Economic News” reporter, intelligent, and cloud of profound changes to the TV industry. “We can say that the decline in the differentiation of the product hardware, software differentiation on the rise. The same time, the functional differentiation of products is declining, while the application of differentiation on the rise, the basic functionality is not the focus of competition in the field of smart TV application-driven, has become a priority. ”
Prior to that, Konka, combined with China UnionPay and the Eastern Media Group, the most important CUP TV Smart TV to pay the application functions; also co BesTV rich online content resources jointly launched iFLYTEK intelligent voice services. Konka in the field of smart TV will be the strategic and professional and technical institutions depth of cooperation such as joint Kingsoft launched cloud security, cloud storage applications, followed by the full integration of the upstream and downstream resources.
And Skyworth, Konka, Changhong to focus on local coverage, in order to competitive differentiation.
In addition, the integration of industrial chain was placed in an important position. TCL example, in the industrial chain, from Huaxing Power 8.5-generation panel production line, to build industry alliances, including the introduction of Tencent, the Huan network, Austria Peng educational, cool plate, CCTV 3D channels such as strategic cooperation partners, the next to hand in the major chain giant, TCL, a series of careful layout.
As previously involved in the television field PC manufacturer, Lenovo’s launch of the K-series IdeaTV 4, respectively, 55 inches of K91, K81, 42-inch screen, K81, K71, priced from 6499 yuan to 14,999 yuan, the price higher than the same size domestic brand products. Senior vice president of Lenovo Group, Lenovo Mobile Internet and Digital Home Business Group president Liu Jun said on the “Daily Economic News”, “The launch of the K series is intended to cut into the high-end market, first in television unchanging association of this brand . ”
Lenovo advantage of the Smart TV, said Liu Jun, the product can support 1080P ultra high definition playback, fast network load. In addition, the 1000 balance of the Lenovo smart TV applications developed specifically for television.
Contest this traditional TV and PC manufacturers, China Smart TV industry vendors have launched a bold exploration and try. Industrial economy watchers consumer electronics industry analyst Liang Zhenpeng, PC makers have a deep understanding of IT and the Internet, the advantages of traditional TV manufacturers with the core television technology research and development capabilities, including LCD modules and development capabilities and years of TV channel sales experience, which is PC manufacturers unparalleled. Who is winning, remains to be seen.
/ Market prospects /
Smart TV product penetration rate of 20% in popularity or too early
The rapid spread of smart phones, PC and other information terminals, triple play, and the operating platform and constantly improve, intelligent television to a rapid rise following the smartphone mobile consumer market, the speed at the same time, to replace the traditional TV to accelerate.
China Electronic Chamber of Commerce, Consumer Electronic Product Investigation Office recently released data show that the smart TV product penetration has reached 20 percent, is expected to exceed 30 percent by the end of the sales expected to exceed 800 million units. Investigation agencies in the PRC, the report also predicted that in 2012 China Smart TV shipments are expected to reach 18.73 million units.
At the same time, research data show that consumers have a higher awareness of the smart TV in the coming year the intention of consumers to buy smart TV accounted for 37%.
This also allows Samsung, the world’s largest color TV enterprises, more intelligent TV as the core products of 2012 to operate, and look forward to the opportunity to expand their market share. In addition, Apple, Lenovo, Google, Microsoft and other leading IT companies, from different angles, “peep” smart TV market.
Senior vice president of Lenovo Group, Lenovo Mobile Internet and Digital Home Business Group president Liu Jun to the “Daily Economic News” reporter, said the next five years will usher in the smart TV outbreak of 2015, whether in China or the world, smart TV shipments will account for more than 50% in 2012 will become a “trigger”.
It is noteworthy that the popularity of smart television so quickly?
Previously, the SARFT Science and Technology Division provided the data show that the end of 2011, the intelligent television ownership has more than 10 million units, but the number of frequently used with the background of the CNTV BesTV Internet television license operators to complete the docking and only 1 million units or so.
Previously released by the China Electronic Chamber of Commerce, Consumer Electronic Product Investigation Office 2012 Smart TV industry White Paper also shows that TV manufacturers have released new smart TV, the operating system upgrade to the latest Android4.03, but the result was that those who sell most of the smart TV are nothing but “zombie” – the consumer or when a regular TV.
This industry believes that the previous Smart TV is very inconvenient in operation, the traditional remote control become obstacles to improve the utilization of intelligent television, parts of the Internet access bandwidth is too low, and the lack of features is also a reason of content applications.
Skyworth Group, the regional marketing headquarters, general manager Liu Yaoping consumers Although the smart TV a deep interest in market demand, but by factors such as the price and selection of narrow constraints, the outbreak of consumer demand is still brewing. “In my estimation, the consumption of smart TV tipping point will soon appear. In fact, the hardware cost of the industry chain compared with Skyworth’s the first smart TV has dropped 30 percent to 40 percent, and this trend this year will continue to strengthen, once the price difference of intelligent TV and TV-free when consumers will naturally choose the former. ”
Consumer electronics industry analyst Liangzhen Peng believes that the popularity of smart TV also depends on the maturity of the industry chain, the view from the upper reaches of the software industry, the smart TV voice control, gesture recognition, multi-screen interactive features, and related software do support At present, the maturity of software related to these functions is almost no existing software needs to be improved in many ways.
China Mobile Internet Industry Alliance Secretary-General Lee Yi also said that smart TV applications “ecosystem” has not been established, the profit model is not yet clear, these are restricted to the popularity of smart TV.
/ Mode parsing /
Smart TV mode to be solved: Chinese enterprises how to read “Apple Classic”?
Apple with the iPhone and the iPad building built an “immortal” IT empire. Now the iTV (Apple TV) are not yet available, the outside world has Apple seen as the most powerful competitors in this smart TV storm.
In fact, before Apple introduced two versions of the AppleTV set-top box not recognized by the market. The future, Apple in turn to what the business model shake the industry do?
Apple “iTV” prospects for China conjecture
According to the understanding of the “Daily Economic News” reporter, the Internet TV industry in the United States is fast, access to a huge market and benefits of pay-TV industry, forming a shock.
Li Yi, the executive vice chairman and secretary general of the China Mobile Internet Industry Alliance believes that if Apple’s launch of Smart TV, a killer is the iTune store, Apple’s involvement in this field, will Netflix, Hulu, Roku impact.
Compared to the pay TV industry, extensive channel content management style, pay-as-model of the iTunes store more humane. “Li Yi said.
Li Yi, Apple’s second killer is based on the iCloud of a cloud screen “, the iPhone, iPad, Mac can be accessed through the iCloud the accounts. Linkage, video, video content everywhere. Also pointed out that although Lenovo also claims to “multi-screen interoperability, but also can not do the apple as” seamless “connection.
However, Apple’s ambitions seem bigger. After foreign media reported that Apple is going to create a new business alliance. According to the report, Apple is a large scale with other companies approached to discuss the breadth of the business, from restaurants to airlines, subscribe to magazines and newspapers to buy video disc, it seems all-encompassing. Speculation that Apple iTV launch to prepare for a variety of business models.
However, in the industrial economy watchers consumer electronics industry analyst Liang Zhenpeng, Apple’s success in the field of IT, Telecom, is the perfect app store, digital entertainment platform bundled with hardware products. This model is difficult to make money in China because Chinese consumers to buy a color TV is mostly a one-time consumption (to pay for the hardware), the concept of using free content and software is difficult to change. The more crucial question is closed much radio and television networks than Apple ecosystem. Apple’s iPhone, iPad can browse through the wireless network of the Chinese telecom operators to video, but SARFT strong control means to make Apple TV terminal is difficult to display the fist.
Liangzhen Peng believes that in China, Internet TV content services platform can only be access to the SARFT approved the establishment of integrated Internet TV platform, that is, Apple’s download store is not eligible for its smart TV users to provide video on demand services, must be cooperation and integration of business licenses for Internet TV broadcasting system operators. In other words, Apple is only as domestic content providers, and Chinese number, knowledgeable, license cooperation to the sale of content, and push personalized products.
The person in charge of TCL terminal product line also said that Apple iTV is still no official a clear message, even if launched, there are still many uncertainties in China’s development. Smart TV industry is a systems engineering requires not only all aspects of the co-, but also by the impact of national policies and other factors. Only has an advantage in one respect, it is difficult to obtain the global victory.
Domestic enterprises to explore the mode
For domestic manufacturers, the new smart TV industry chain, the structures of the business model is not an easy thing.
Realistic environment, the domestic TV manufacturers rely on hardware to make money, and smart television in order to make money through value-added services, the difficulty is not small. The earlier start of IPTV and broadcasting, interactive TV, the former in many areas are still free to use the promotion period, the latter often by direct local radio and television operators charge network access fees.
Senior vice president of Lenovo Group, Lenovo Mobile Internet and Digital Home Business Group president Liu Jun told the “Daily Economic News” interview, said that in the era of smart TV, the industrial ecosystem changes radically, so think it as a hardware to do, but overall optimization from hardware to software to the cloud service.
However, Liu Jun, it seems, the content of earnings in China, there are still problems, the current large video sites are losing money. However, he said, “cloud flow opportunities. Although it is difficult to give a clear answer, but I think with the rise of traffic, you can open up the New World.”
Liu said: “to the user applications, video and other basic services, but also with partners, service fee increases, these models have been discussing.”
Skyworth Group, the regional marketing headquarters, general manager Liu Yaoping past TV hardware manufacturers conduct their own embedded development, so the product is relatively closed, with the smart era, television has become the product of an open, brought more than point of profit possible. Users in the use of the process, content, services are valuable, application flow may also be profit-making point.
Although the idea has been, but in the era of smart TV, how to set up to determine the survival of the state of the ecosystem, will be the biggest challenges faced by the various manufacturers.
Tablet PC battle surging Apple iPad once dominate the landscape, but as the technology continues to evolve, this situation has changed. Recently, the reporter was informed that the Music Pad millions of Lenovo product is officially off the assembly line, but according to the statistics of the world’s leading third-party data monitoring firm IDC, Lenovo Le Pad in the Chinese market has been made in 50% of the Android Tablet PC market share, which means that Lenovo dominated the half of the Android Tablet PC market.
Authoritative data:
Lenovo commanding half of the
The reporter found that Lenovo Le Pad “fans” have a high impact, not only because it comes from big stars to Lenovo, but also because it is internally and externally to the yield. Lenovo also being sought after live up to expectations, a few days ago, the reporter was informed that the company’s one millionth Music Pad smooth off the assembly COMPAQ Presario CQ45 Battery , the news has made many consumers feeling the explosive power of the domestic brand.
Analysis of the industry, Lenovo’s strong attack is bound to rewrite the Tablet PC market situation, this assertion is confirmed by the authoritative data. Recently, the world’s leading third-party data monitoring firm IDC announced Lenovo Le Pad has been made in 50% of the Android Tablet PC market share in the Chinese market, with Apple iPad Tablet PC market share reached 20% more, this share means that Lenovo to become an important force of the tablet PC market.
In addition, the agency to disclose, as of the first quarter of 2012, Lenovo Le Pad shipments ranked fourth in the world. Many people in the COMPAQ Presario CQ50 Battery admitted that this transcript is sufficient to prove the importance of the association for the Chinese market, and even has become an international force at the core of the tablet PC market.
Quality characteristics:
500 global patents
“Lenovo as ‘an important force in PC +’ strategy, Lok Pad is officially entered the ‘million +’ era.” Lenovo relevant responsible person said, this also means that the association stronger competitive forces and market the right to speak. Interview, the official also briefed reporters on a Lenovo Le Pad performance.
Lenovo Le Pad After 2 years of research and development, at a cost of 2.5 billion yuan, collaborative 46 of the world’s leading laboratories, brought together the wisdom of more than 600 world-class engineers, also include 500 global patents. “The official said that the essence of dumping force to create a Music Pad A, S, K, three COMPAQ Presario CQ56 Battery of products, 5 inch, 7 inch, 10-inch full-size advantages of the layout. In addition, the product of the operating system of the whole Chinese rich content resources and convenient pre-installed application full occupation of the Android tablet market. “The victory of the Lenovo Le Pad millions of products off the assembly line, not only successfully establish Lenovo’s mobile Internet strategy and a banner from the market point of view, a comprehensive review of a” flat “strong strength.” Lenovo relevant responsible person said.
Latest ideas:
System upgrade to be missed
Pad S2005, Lenovo music as a cross-border association’s masterpiece, the appearance of small, stylish design and excellent quality to win a lot of fans of all ages. It is understood that in order to thank the consumers’ trust and support of the Music Pad, Lenovo Lok Pad S2005 and A1 Android4.0 system upgrades to improve product quality.
Responsible person, this machine is facing with a 5-inch the ITPS wide-angle capacitance screen, crisp and clear display, superior color performance. In addition, Qualcomm Snapdragon 8260 dual-core processor, the highest frequency can reach 1.2GHz, preloaded with Android 2.3 operating system, “is a very innovative and practical tablet PC. Operating the upgrade steps, the responsible person at the scene, the reporter found The machine system more intelligent the person in charge said, improve product quality at the same time, the fans can feel the the ICS ice cream brought a whole new experience.
Reporter’s notes:
Wait for better than action
iPad has dominate the political arena, but now the sudden emergence of Lenovo Le Pad. From the industry point of view, no longer a dominant market conducive to competition and more new generation of products, also allows companies to provide better service for consumers. From the consumer point of view, Lenovo Le Pad is a rare domestic market Tablet PC: breakthroughs and full-size products of the small size of the layout of a two-pronged; continue to strengthen the Chinese operating system and preloaded applications; excellent quality and cost-effective perfect unity.
Lenovo Le Pad through practice, rewrite the pattern of the Tablet PC market by the strong monopoly of foreign manufacturers, to obtain a place. Lenovo has announced that its high-quality products can upgrade the system, this is undoubtedly the “fans” were a real treat. For me personally, the quality is the first sign of the commodity, low failure rates of Lenovo products, while the compact appearance of the Music Pad makes it difficult to resist, apply Zhen Huan body, “this little thing is great you main Barbara children can not miss. ” Wait for better to act quickly to buy, because it is worth you have.
Electronic 11 homes IPO postpone the vote is alleged to deposit the three major issues
Posted by: barnard
May 16th, 2012 >> World
IPO audit will be paid off, suddenly sounded the whistle of the Public Offering Supervision Department of China Securities Regulatory Commission to suspend the voting.
On the evening of May 14, the Public Offering Supervision Department of China Securities Regulatory Commission issued the 2012 issue of the Audit Committee, 88th meeting, the audit results announcement, “the Eleventh Design & Research Institute for Information Industry Technology Engineering Co., Ltd. (referred to herein as 11 homes) (starting) to suspend the vote.
Suspend the vote was particularly attractive in the industry, IPO project, the number of brokerage firms investment bank sponsors, told reporters: “IPO project Pro was suspended a vote, usually major accidents, and report information was real name.”
Analysis of the industry restructuring of the shares of the Company there are irregularities, especially in the 35 executives to the registered COMPAQ Presario CQ61 Battery of 2.2 yuan / transferee on behalf of the holders of employee equity prime suspect, is likely therefore to cause major conflict of interest.
Our reporter found that the electronic 11 homes not only the restructuring of the equity transfer pricing, strange, and asset quality is not high, raising the project is not reasonable use of the funds of the defects.
Low-cost equity transfer
For the 11 homes listed, e held on April 13, 2010, all employees shareholders of the General Assembly.
The employee shareholders of General Assembly resolutions: agreed in accordance with the requirements of the companies listed on the work of restructuring the company so far commissioned holding; agreed to hire the audit of the audit bodies on net assets as of December 31, 2009, and in accordance with auditing The net asset value by a certain percentage of premium to determine the transfer price of the anonymous employee shareholders equity; agree to the equity transfer price calculation of the 2009 Company of the Year six times earnings per share by the audit, that is, each element of the registered capital of the transfer price of RMB 2.2 yuan.
Following that meeting, all the hidden name of equity held by the electronics 11 homes 822 employees, 9761.9426 million capital COMPAQ Presario CQ70 Battery , a total of 48.8097% of the shares, and ultimately to the registered capital of 2.2 yuan for every dollar of transfer price go to Liu Shengchun 35 name in the name of the senior management.
Although the electronic claimed 11 homes in the prospectus, the clean-up work of the anonymous employee shareholders equity is built on the principle of equality, voluntariness, fairness, based on the 2.2 yuan of transfer pricing is surprisingly low.
According to the company disclosed that the share transfer price of 2.2 yuan is six times the 2009 earnings per share were 0.35 yuan premium is calculated, the equity transfer premium level is not only much lower than the IPO pricing easily four or five times price-earnings ratio valuation , and shares an average of 12-15 multiples of earnings surprise than private equity funds are low level in half.
As we all know, the static price-earnings ratio valuation only equity market valuation pricing refer to one of the indicators, the more important indicator is the company’s future profitability and growth potential.
2010 11 homes, e-business revenue of 2,963,316,100 yuan, net profit attributable to parent company of 168,901,100 yuan, an increase of 180% and 127%. 2009, earnings per share from 0.35 yuan jumped to 0.80 yuan in 2011, its earnings per share is further increased to 0.97 yuan.
By 2010 the level of earnings per share estimates, for every dollar registered capital contribution to the transfer price of the dynamic price-earnings ratio of only 2.75 times.
The company prospectus, the IPO plan to issue 7,000 shares to raise the funds required for investment projects funds amounted to 911 million yuan, in order to calculate the electronic 11 homes given by the management of the COMPAQ Presario R3000 Battery shares the minimum issue price of 13.01 yuan, corresponds to the minds of the static price-earnings ratio, compared with 13.4 times.
From this perspective, the equity prices of 35 senior management staff in the hands of the transferee hardly be fair.
Asset quality of worrying
The prospectus shows that the total assets of 11 homes, in 2011 electronic 1,832,433,751.92 yuan, fixed assets of $ 110,701,818.95, the proportion of total assets 6.04%.
Electronic eleven hospital itself is the type of asset-light company, the proportion of fixed assets is not nothing wrong, but its called business assets, fixed assets package actually contains a large number of non-operating assets.
As of December 31, 2011, 11 homes of the electronic total of 127 property-related real estate to get it divided into two types of purchase and self.
Relevant data show that 127 property, not directly for its bring any economic benefits of residential or residential class of property a total of 104 of its total real estate proportion as high as 81.8%, equivalent to the total construction area of 18396.8 square meters; the company for business use offices, factories, scientific research, commercial real estate construction area of 8027.99 square meters, 11821.6 square meters, 2323.55 square meters to 2353.3 square meters.
Non-operating real estate construction area of accounting for all real estate floor area ratio of up to 42.85%, the share of real estate area and more office space than any one business, such as asset structure very heart health concerns.
The industry believes that, as a state-owned enterprises restructuring of listed companies, due to historical reasons, the package of its assets to retain part of the non-operating assets, but should not be disproportionately large.
Shenzhen broker an investment bank sponsor representatives who pointed out: “The package of fixed assets Africa operating assets accounted for more than 40%, and restructuring in the listed sponsor intermediaries should recommend appropriate peel.”
The Shanghai brokerage investment bank head of the headquarters, said: “It belongs to the asset-light company, once a large number of non-operating asset stripping, the scale of the company’s assets may be subject to greater impact, especially in the company’s net asset size greater impact by this impact, the company’s asset-liability ratio, the scale of financing are likely to become not so nice. ”
11 homes in that e-a large number of non-operating assets included in the fixed assets of trying to do?
It is noteworthy that, prior to listing, the main business of project contracting, electronic design services for 11 homes, even in a large area of the transferee the land or premises nationwide.
In April 2011, the transferee in Fucheng District, Mianyang City, Sichuan Province, total construction area of 1837.02 square meters of real estate; September 2011, the transferee is located in Hefei together by the district total building area of 3006.8 square meters of real estate; 2011 November in Xi’an, competing in a state-owned land use rights, an area of 5344.2 square meters; December 2010, the transferee in the East Lake New Technology Development Zone of total construction area of 4717.10 square meters of real estate.
It should be noted, the above property has been included in the company’s fixed assets statements, but as of the date of signing of the prospectus, the above four properties was made in the proof of ownership.
Its prospectus said that the financing capacity is not important bottleneck restricting the development of the company, but why so dense prior to listing the property?
There are people in the industry bluntly pointed out, is likely to be bigger asset size to meet the listing standards as soon as possible, but also to expand the scale of the capital of the Company to raise additional funds through the IPO.
Fund-raising to invest was questioned
The prospectus, the IPO to raise funds four projects, the proposed investment projects are as follows: Chengdu headquarters of high-tech engineering center project, East China’s new energy R & D center project, the project of the Northwest Electronic Materials Engineering Center, Southeast Regional Center Transformation project to upgrade the a total investment of a total of 911 million yuan.
A listed company executive said: “R & D center of a listed company to build a can, basically as a pretext for raising these funds, all funds raised investment in construction R & D center, this approach is powerful enough.”
Companies to raise funds use plan shows that 910 million yuan to raise funds for research and development costs invested 73.73 million yuan, accounting for only 8.1% of the total funds raised, the software cost of 41.65 million yuan, accounting for only 4.94% of all funds raised to supplement working capital of 345 million yuan, fixed assets investment 450 million yuan is to cover the office.
Analysts believe that the e-11 hospital construction R & D center is just misappropriating excuse, the real motivation is to cover office, the remaining money is then used to supplement working capital.
Electronic 11 homes on the southeast regional center transformation project to upgrade the situation shows that the company intends to purchase of real estate 3750 / square meters, priced at 22,000 yuan / square meter, real estate purchase an investment of $ 82.5 million yuan; renovated unit price of 02,000 yuan / square meter , renovation investment of 750 million infrastructure investment 90 million yuan.
A regional center, the renovation cost per square meter up to 2000 yuan, comparable to commercial real estate renovation standards.
Recently, the industry high hopes for the domestic air industry, the Commission set up in Guangdong. This will change the situation of the various air business their own way, alone. Professional exchange platform within the enterprise in the industry will increase the opportunities for exchanges and cooperation. Central air conditioning in the United States, was appointed as the first session of Guangdong Province Air Professional Committee of the units to shoulder the mission of the first warm-up market.
The air industry prospects
As the fourth generation of water heaters, air heaters can have a safe, low-carbon, energy-saving, comfortable advantage. According to reports, the air to the water heater energy efficiency prominent, and the same volume of hot water heating, than the electric water heater to save more than 75% of the energy of the air to water heaters, gas water heater to save 50% energy saving than the solar water heater about 30% of the energy. At present, the overall size of the domestic water HP 530 Battery market has been close to 80 billion yuan, air to water heaters accounted for less than 5%, or a blue ocean. This market prospects will attract more and more enterprises to increase the intensity of R & D and product distribution.
China Pump Industry Association Industry Research Center data show that the Chinese air to water heaters from 2003 sales of less than 30 million yuan, has reached 3.09 billion yuan in 2010, the number of firms from 54 in 2005 to more than 400 home.
This is consistent with the low-carbon environmentally friendly green products are a global multi-national policy support. Currently, the European Union and Australia and other countries and regions have air technology in the renewable range. In the domestic market is still emerging HP Pavilion dv9500 Battery , but is expected to receive subsidies. Deputy director of the China National Institute of Standardization energy efficiency labeling management the Wang Ruohong told reporters, air to water heaters, energy saving has been the industry generally recognized. The future of this energy-saving products may enjoy the state’s energy-saving subsidies, policy support, market size will expand rapidly. 2011, air to water machine has officially entered a number of provinces and cities in Jiangsu, Zhejiang, Yunnan and Handan, Changde government procurement of energy-saving products directory.
Professional Committee
Lead the development of the industry
However, the whole industry is still in a loose state of development, lack of guidance and collaboration of professional organizations, between enterprises, their own way, a lack of cooperation. Therefore an urgent need for a professional air to the coordinating agency, collaborative midstream and downstream industry chain cooperation, strengthen communication and exchanges, and guide the healthy development of industry.
Guangdong Household Electrical Appliances Chamber of Commerce, the Secretary-General, said Xie Desheng, air to the purpose of the Professional Committee in response to the country “12 Five-Year Plan” energy saving HP Pavilion dv9600 Battery , the integration and coordination of relevant agencies and industry organizations, resources, and fully to fight all the air to the development of the industry The advantages of resources to promote healthy and rapid development of air energy industry.
To this end, the Committee elected the air to water heaters leading enterprises, 2011 air to water machine sales of over 10 billion U.S. central air conditioning as the first session of the Commission unit that you think would lead the industry major air companies to maintain a good market environment to promote the development of air to water machine industry.
The Xiangxi state Meteorological Department’s efforts to cope with the new round of heavy precipitation
Posted by: barnard
May 14th, 2012 >> World
May 11 to 12, a new round of heavy precipitation attack in western Hunan. At 20:00 on the 11th at 14 o’clock on the 12th, Xiangxi Autonomous Prefecture, Jiangxi Province, heavy to heavy rain, the 47 township rainstorm, five townships heavy rain, heavy precipitation of a flood disaster sniper war in Xiangxi earth again started. The Xiangxi Bureau of Meteorology to more accurate forecasting and timely warning of active service, disaster prevention and resilience initiative firmly grasp the hands of the party committees, governments and the people.
At 16 o’clock on the 11th, the Western states Meteorological Observatory issued a strong precipitation weather news, pointed out that “the evening of May 11th to the 13th state from north to south there is a heavy rainfall process, Chonju cloudy with heavy rain in some areas, heavy rain, local heavy rain, accompanied by thunderstorm HP Pavilion dv9700 Battery , hail and other severe convective weather, around to enhance preventive measures. ” The same time, SMS, electronic display, warning horn, 96121 calling outbound systems also have to battle the first time will be very heavy rainfall in messaging to flood control and responsibility at all levels, rural weather information members and the masses of the hands. State Meteorological Station and the State Land and Resources Bureau jointly issued a geological disaster weather warning message to remind the relevant departments and the general public, and effectively guard against flash floods, mudslides, landslides and other geological disasters; ponds, reservoirs, tailings, geological disaster, the school sheds, temporary buildings, such as maintenance inspections and timely initiative to hedge, to ensure safety.
On the 11th afternoon, the state party committee, vice governor Wu Yancheng requirements to actively respond to the county and city governments to strengthen prevention to ensure the safe flood and flood season since the weather service said the full recognition and higher expectations.
Later that night, the Xiangxi Observatory brightly lit, the State Bureau of HP Pavilion DV1000 Battery Bureau and the forecaster with overnight duty to closely monitor changes in the weather.
On the 12th at 4 pm, heavy precipitation to the party. Received a phone report of the State Bureau of Meteorology, the vice governor Wu Yancheng immediately rushed to the State Meteorological Observatory View of rainfall called for the speedy information of rainfall reporting county and city party committees, governments and relevant departments to strengthen the prevention of the heavy rainfall response.
4:50, more than 40,000 red rainstorm warning, the orange warning of lightning and rainfall information SMS through the platform of the early warning HP HSTNN-DB31 Battery to flood control and responsibility of the eight counties of the hands of the Members of the meteorological information.
On the morning of the 12th, the rainfall intensity gradually weakened. State Meteorological Observatory, the Bureau of Meteorology is responsible of a sleepless night and the forecaster is no slack, and continue to collect the rain, and analyze the weather situation, working towards the meteorological services, materials, the weather service is still carried out in an orderly manner.
Migrant workers pay talks were arrested suffered another developer prosecution of defamation
Posted by: barnard
May 12th, 2012 >> World
Farmers working Young (pseudonym), there has been no pressure of cross God.
Last year, he hard a few months at the site, not only did not get the wages home for the holiday, but beg for wages was arrested. Recently, Yang reimbursement received a court notice, that the developers sued the court on the HP HSTNN-DB31 Battery that their pay losses behavior of the developers reputation developers, property damage, while the pay talks process.
Young hair of migrant workers on the Dragon and the Garden real estate site in Chenzhou City, by the court to inform a defendant, Young fat panic, hiding to the field. He was afraid he was again, “big deal, do not want those wages.” “In fact, migrant workers pay talks the problem is a false proposition.” Zhi Gong Dang, Hunan Provincial Committee of the Legal Working Committee of the Secretary-General, Xiangtan University School of Law Adjunct Professor, Hunan Golden State Lawyer Chen trivial lived in accordance with the relevant state ministries and Hunan Province to build the relevant provisions of the hall and labor and social security departments, developers need to pay a certain percentage of the project the amount of migrant workers’ wage protection fund in order to apply for construction permits, “In this sense, the functional departments to strictly act in accordance with the relevant laws and regulations, once the wage arrears, security payments can be initiated by the labor department, payment of wages for migrant workers will not pay talks difficult.”
An unavoidable fact is that, in actual operation, the migrant workers’ wage HP 530 Battery fund system is implemented is not in place, due to the omission of a few departments.
Yuhu District, Chenzhou City Politics and Law Committee of the responsible person, not only is the Dragon and Phoenix Garden real estate security fund does not pay the wages of migrant workers, most of Chenzhou key investment projects in construction, government agencies are open one eye closed, even individual leadership hello, and makes security payments system shelving.
6 people pay talks unpaired anti-prosecution
Young hair was caught with Lee, Chen and five site staff.
Young Fat memories, he has been working in the Dragon and Phoenix Garden site more than a year, according to the calculation of the amount of labor, should get the $ 4 million in wages. When in recent years, customs, and Young, nearly 300 migrant workers salary delays in the implementation, several times with contractors consultation also unsuccessful. Young, migrant workers was informed that the reason why their wages are owed, the developer defaulted on the cost of the contractors caused a chain reaction, So Young, migrant workers turned to the development of the discussion to be wage, “We recognize in which site to do wrong, to find the site owner money, no money had not years. ”
On the morning of January 11, 2012, Yang, Dragon and Phoenix Garden on the site of more than 80 migrant workers (including several small contractors), to discuss HP Pavilion dv9500 Battery to wages. Young Fa introduction, developers hire more than 30 unidentified social youths sitting in the sales department to block the pay talks, and threatened to who would dare to come in pay talks hit, “There are a few walk in front of the workers just entered the door of the sales department was beaten out. ”
In the sales department their pay blocked more than 80 migrant workers on behalf of all the blocked door in the dragon and phoenix Garden, a moment caused by the congestion of the the Chenzhou youth Avenue. Chenzhou Chenjiang police station police officers to disrupt the social order in the name of, and took six of their pay on behalf of Young Fat (including two small contractors), and were detained by the security.
In early April 2012, six pay talks detained migrant workers on behalf of, respectively, received the notice of the Court of Chenzhou City, North Dongting Lake, called the Dragon and Phoenix Garden developers prosecution on the grounds that their pay losses behavior of the developers reputation, while developers of property damaged in the pay talks process.
“At that time my heart trembled! Wage has not got, and instead has become a defendant.” Lee had with detainees to complain to the reporter, “the year beg wage is not a grievance against detainees has not yet erased from the heart. now somehow become the accused. “” We are law-abiding wage to support their families, pay talks heat of the moment blocked the youth Avenue, was closed a few days is not that also became the defendant. ”
Migrant workers into the victims of the market game
Afterwards, Qiuxing of Chenzhou City, North Dongting Lake Politics and Law Committee, deputy secretary of the “rule of law Weekly” reporter in an interview that does have six migrant workers because the pay talks process, disturbs social order, and held in administrative detention. Qiu said that the local police reasonable treatment of these people, no doubt. Qiu also believe that in fact the migrant workers pay talks behind the two forces Game developers and contractors, migrant workers is “kidnapping” in which victims.
As Qiu said, the reporter survey found that of these migrant workers pay talks, indeed, between the developers and contractors because of the dragon and phoenix Garden, resulting from the settlement criteria are not uniform and generate millions of dollars can not reach agreement, the two sides deadlocked each do not give due.
In fact, as long as the labor department and construction department of housing construction in strict accordance with the national Ministry of Labor and social security departments issued to inform the Executive, the difficult problem of migrant workers pay talks does not exist.
In this regard, Qiu, deputy secretary of said current Chenzhou, a real problem is that real estate is mostly local key investment projects, often there will be a leadership award, note, greeting phenomenon. In this process, the instruction received labor, construction functional departments of an eye, close one eye. “Qiu, deputy secretary of frankly, to its knowledge, the currently the Chenzhou existing real estate projects mostly failed to pay the wages of migrant workers security payments.
“Dragon and Phoenix Garden Project is the City’s construction sector directly bypassing the labor department for construction permits. Chenzhou City Human Resources and Social Security Bureau of Labor monitor the detachment responsible person Yang admitted that, although the labor department know that Dragon and the Garden did not pay security payments, but as the labor department wants its punishment, and no laws. For the payment of wages to migrant workers, the more helpless.
Lawyer: functional departments to blame
“The migrant workers pay talks difficult this situation is the direct cause the developers arrears of wages of migrant workers, but traced the relevant government departments as well as favoritism for developers exacerbated an outcome that, to put it saying that the current impasse could have been avoided. “Chen ordinary pointed out.
It is reported that in 2004, in order to further standardize the construction industry wages for migrant workers protection fund system, and strengthen migrant workers’ wages to pay management, human resources in China and the Ministry of Social Security, the National Development and Reform Commission, Ministry of Supervision, Ministry of Finance, Housing and Urban Ministry of Construction and other five ministries jointly issued a “notice” to strengthen the management of construction projects to solve the problem of arrears in the wages of migrant workers.
Then, Hunan multisectoral jointly issued on the construction industry wages for migrant workers payment security fund system to further refine the protection of migrant workers’ wages.
As early as 2005, the Chenzhou municipal government began to establish the wages of migrant workers of the construction industry to protect the payments system. November 10, 2011, Chenzhou municipal government issued a Chen Zheng Ban Fa [2011] No. 58 “Chenzhou Municipal People’s Government Office to further strengthen security payments system of regulating the construction industry wages for migrant workers and migrant workers’ wages to pay management (hereinafter referred to as “Notice”) to further regulate the wages of migrant workers security payments.
Migrant workers in the case of salaries of, not only to pursue the responsibility of developers, government agencies failed to effectively implement security payments system in accordance with the above requirements, resulting in the consequences of today more to blame. “Chen ordinary think, in this case failed to pay the former title of the the Renhe Nong migrant workers’ protection fund, the developer of Dragon and Phoenix Garden is how to obtain the construction permit, which is worthy of the relevant departments to ponder, to get to the bottom.
Chen ordinary lawyers pointed out that in order to quell the trouble will trouble the behavior of migrant workers in detention, not only useless in the smooth settlement of the matter, but from a moral perspective is not conducive to the balance of interests of society strong and weak. “The law cares not only legal, but also about reasonable hope that the matter can get the attention of the relevant departments of the migrant workers in the future security payments system can really play a role in safeguarding the rights of migrant workers.” Chen ordinary said.
Glimpse of the home appliance market from the 2012 rich list
Posted by: barnard
May 11th, 2012 >> World
2012 “New Fortune 500 richest people published recently, causing the industry concerns, real estate, IT, machinery and electrical equipment, metal smelting, and financial giants rise to occupy the important part of the list, the list of wealth change, reflects the industry trend of the domestic economy from the side, showing some picture of the economic changes in China.
The appliance industry a total of nine people on the list, Suning, Zhang Jindong, the amount of wealth of 19.9 billion yuan ranked 15, with last HP Pavilion dv4000 Battery ; Group the Xiangjian family to America in 16 of the 18 billion yuan ranked list representing an increase of 3 ranking; amount of Galanz Group Liang Deqing family wealth of 11 billion yuan, ranked 50; last year’s ranking is 252, rising rapidly. Ranked 50, the amount of wealth of 11 billion yuan last year, ranking only 252. In addition, there are stars Group Yexian Yu family, Aux Group, Zheng Jian Jiang, family, boss, Group REN Jian-hua family list.
The common people, who is the richest man? The relationship is not just gossip, small talk the talk. The industry, however, the rich list is not just the embodiment of personal wealth, but also a barometer of the appliance industry.
As we all know, subject to policy control, the property market, and many other factors, the home appliance industry get down from 2011 earnings of listed companies to the eruption. And reflected in the list of the rich amount of wealth, the addition to outside Liang Qingde family and new to the list, seven other list people wealth amount compared with 2011 has shrunk. Zhang Jindong, for example, Although still ranked 15 this HP Pavilion ZD7000 Battery , but the amount of wealth has shrunk from $ 290 million in last year’s 19.9 billion yuan this year. Even if it is a rising the Xiangjian family, ranking wealth shrunk by 71 billion yuan. Last 31 of the ranked list of Eagle Group Huang Guangyu not appear on the list.
Rising raw material and labor costs, since the second half of last year, the aftermath of the policy transition after stimulation, the property market downturn, and the deterioration of the international situation, bringing the overall malaise of the home appliance market.
Fair Official statistics show that before the end of this year’s trade total exports turnover of 36.03 billion U.S. dollars, decreased by 4.8%, down 2.3 percent, compared to historical data, which is in addition to the global financial crisis in 2008, rare in Fair HP Pavilion ZV6000 Battery decline. Appliance export orders fell by about 20% is expected in the country to export growth this year will be down to single digits. Industry insiders estimate the years or even next year, the situation in the appliance industry are not very optimistic.
Remember the appliance industry the situation is excellent, Huang Guangyu of Gome, Suning, Zhang Jindong Hechang list of top man of wealth, even the richest man. Clearly, the rise and fall of the industry and business head of wealth is directly linked to the appliance industry, industrial restructuring, policy preferences, and other factors, product upgrades, energy saving and environmental protection and higher requirements have led to the cost of the rich create wealth and pressure rise.
The first time in two months, Lenovo desktop machine computer “recall the door is still staged. Defects had previously been exposed parts caused by fire, Lenovo has expanded again to recall the extent and volume of the part of ThinkCenter desktop machine.
Yesterday (May 8), Lenovo announced, will continue to recall some models of ThinkCentre one, mainly because of HP Pavilion dv6500 Battery failure could cause the device to fire, far involved in the recall number 188 000 of Taiwan ThinkCentreM70z ThinkCentreM90z one.
Lenovo to expand the scope of the recall
March 9, the U.S. Consumer Product Safety Commission (UCPS) announced that Lenovo has agreed to recall about 50,500 ThinkCentre Series desktop, an assembly defect may result in overheating, which may cause a fire.
UCPS pointed out that the association of these computers has led to the fire and smoke incidents together the report has been received within the United States, the two incidents caused no harm. March 14, HP Pavilion dv9000 Battery to recall 160,000 units of the ThinkCentre one computer. April 25, Lenovo said it will recall 13,000 of Taiwan ThinkCentreM90z M70z models.
According to the understanding of the “Daily Economic News”, Mainland, ThinkCentreM90z, and the M70z no sales. However, some products use the same specifications of the power and M90z, Lenovo in the Mainland started simultaneously the the series M90XXz affected product recall.
Previously, the General Administration of Quality Supervision, Inspection and Quarantine released the news that Lenovo has the General Administration of Quality HP Pavilion dv9200 Battery , Inspection and Quarantine to submit a recall report, decided to recall the July 1, 2010 to December 2011, during the day since March 9, 2012 in the Mainland the sold ThinkCentreM90XXz (the X, including the number from 0-9) desktop machine computers, involves approximately 12,338 units.
Yesterday, Lenovo insiders said the “Daily Economic News” interview, the main factory shipments to the statistical data were updated, so, again increasing the number of recall.
Defective parts source is not yet known
Information, the ThinkCentre Lenovo Group, which produces high-end desktop computers, targeted at business users, the price is higher. In this regard, the association told the media that “the power of these products in the 110V voltage environments, which makes the failure may be in use.”
It is reported that the computer products overheating and other reasons in two main contexts, one for the defects of the product component itself, a flawed design for power products. The above-mentioned association, insiders said, because of the power components of the above products in Europe and the United States 110v voltage conditions may exist due to power overheating and hidden. The source of the defective parts, and procurement audits and other issues, the association said they did not leave a comment.
Lenovo channel partners who requested anonymity told the “Daily Economic News” interview, said that the power of Lenovo ThinkCentre systems by Lite-On Technology Corporation (hereinafter referred to as the Lite) and HuntKey AG (hereinafter referred to as HuntKey). The data show that the Lite’s Li Shin International Enterprise, the largest supplier of domestic transformer factory, one of the major suppliers factory is also the use of notebook computers and LCD TV power supply, laptop power supply global market share of about 60%.
Huntkey power in May last year, also has the Lenovo supplier Conference on the “PerfectQualityAward Award, becoming the only suppliers of power products continuously won this award.
As of press time, the suppliers were not foreign to any comment on the above Lenovo insiders said that Lenovo supplier information is confidential. Meanwhile, Lenovo will continue to strive to make this kind of problem no longer occurs.
China Mobile Internet Industry Alliance Secretary-General Lee Yi said on the “Daily Economic News”, the crux of the problem description: an association for the control of the supply chain can not so strict, Lenovo may be the power supply components such less important products control negligence, and the third: the problems caused by Lenovo for the cost of control is too strict.
Retail earnings growth is negative growth in the home appliance 3C largest decline
Posted by: barnard
May 9th, 2012 >> World
The retail industry earnings growth in the first quarter of 2012 is the first negative growth since 2008, year on year, the chain appear both have fallen sharply, the industry boom continued downward. Various sub-forms of net profit growth rate also fell significantly.
Among them, the net profit of home appliances 3C and supermarkets, the largest decline of -19.07% and -13.27%, respectively. We believe that in addition to the high HP Pavilion dv2 Battery , and other common factors as weak end demand, home appliances 3C net profit fell mainly due to the appliance policy exit leading to declining revenue, and associated off shop to bring a sharp increase in expenses for the period.
Supermarket net profit fell mainly due to a substantial increase in store expansion to accelerate, rising labor costs, rent increases led to the expense ratio for the period. The multi-format retail and traditional department store business is relatively stable, the regulatory capacity of the costs during the strong end demand slowdown in the industry background, the net profit decline less. The substantial decrease in the various sub-forms of net profit growth rate year-on-year mainly due to the high base last year.
In addition, the A shares of retail companies in the first quarter 2012 operating activities net cash flow accounts for the net profit accounted for only 0.31%, 1.96% over the same period last year. We found that the retail company’s 2012 first quarter cash flow situation began to deteriorate. Mainly reflected in: the various sub-formats from operating HP Pavilion dv4 Battery net cash flow of year and the chain showed a substantial downward direction; with the usual second and third quarter for the industry cyclical trough, this year’s first quarter operating cash flow dropped significantly.
We estimate mainly due to the slowdown in revenue growth, cash payments are rental fees, staff salaries and other costs of a substantial increase, a direct result of operating cash flow net to fall, the one quarterly report, we also found that the individual company’s operating cash flow or even negative, such as: Eurasia Group -6.5 the Dolton Holdings -4.8, Rainbow Department Store -4 -4 friendly Group, East Hundred Group of -2.35.
Investment advice: the retail industry in the second half of the investment view is that: before the introduction of the new catalyst-than-expected policy, we temporarily maintain the industry-neutral view. From the perspective of HP Pavilion dv5 Battery strategy, we have three choices: (1) the stability of the profit model of the professional market, in particular, Haining City and Commodity City.
E-commerce is expected to become a fertile ground for the birth of the next huge market value of the company, we are optimistic about the Suning Appliance. Central and western regions still is hot spot of the Chinese economy and consumption, recommended the Friends of the A shares, backgammon, Hefei Department Store, Ginza shares and channel sink smoothly Wenfeng shares.