LED concept in the middle of the day to send a message to send the first distant photoelectric fall

In mid 2012, the distance of photoelectric launched gaosongzhuan program by the market blitz, two trading days the stock rose over 18% of the situation seems to be visible before the eyes twinkling, but the company released the 2012 annual report allows investors in a cold sweat: the declining performance of the company in 2012 25%; at the same time the company also expects the first quarter of this year, the performance will continue trend of decline, a decline of 5%35%.

Listed only 9 months away, the photoelectric performance is sharply down, investors believe that the company's performance is worthy of the name king face. In fact, in addition to the performance of the business risk brought about by the decline, the first light from the distant primary shares will be lifted in the next month is also implied worries. Especially the shareholders Zhu prime e shot holds nearly 1 million 700 thousand shares, due to the time lower than the net assets of the price of shares, the stock market value of up to 26 million yuan. After the lifting of the ban on the behavior of the shares in the hands of a large increase in their wealth, while the company's share price will cause some pressure. Surnamed Zhang said the behavior of the investors, "we are too unfair, serious harm to the interests of small investors. "

Performance fell over 20%

February 8th, far light released the annual report in 2012. The report shows that the company achieved operating income, net profit attributable to shareholders of listed companies was 182 million yuan and $72 million 477 thousand and 700, down 11.45% and 25.07%. Earnings per share of 0.66 yuan.

In fact, in the first half of 2012, the distance of photoelectric performance can maintain a slight growth; but since the second half of the year, affected by the overall macroeconomic situation as well as the LED industry downturn, the performance of the company will inevitably impact. The third quarter of 2012 the Company attributable to shareholders of listed companies net profit of 16 million 377 thousand and 900 yuan, down 25.34%, which also makes the performance of the first three quarters from the first half of 9.83% year-on-year growth is down 4.02%.

It is worth mentioning that, in the mid distance optical had launched 10 shares for every 10 shares of high transfer plan, cash dividends of $3, was from the company listed less than one hundred days, and the company pioneered the high transfer instantly attracted the attention, the market will be called the "Daily News gaosongzhuan in a" two grade market shares have also been touted to respond to a daily limit and the next day rose 8.11%.

At that time there have been analysts pointed out that the middle distance photoelectric launched gaosongzhuan is in order to repay the participation in the issue under the net mechanism, pick Lee reported. Due to the issue price of up to 45 yuan / share, but after the listing price has been under the issue price. In fact, the company launched gaosongzhuan program, the true price quickly returned to the issue price, but the good times don't last long in the consolidation, after two months, the stock price avalanche fell, and was cut. And in fact, this is the company's fundamental deterioration of the visual response.

From the 2012 annual report, the company's sales and production of instrumentation has been a certain degree of decline year on year. Fell 3.32% and 4.79%, respectively. At the same time, sales costs and management costs are rising. Among them, the cost of sales 15 million 524 thousand and 500 yuan, an increase of 3.97%; management fees of $41 million 835 thousand and 300, an increase of 11.41%. In this regard, the company said it is to deal with changes in the market to increase the cost of investment and the listing of the relevant costs and increase the intensity of R & D investment caused by the comprehensive".

Distant Optoelectronics in the annual report also released the 2013 first quarter results. Performance forecast shows that attributable to shareholders of listed companies net profit of 18 million 360 thousand yuan - $12 million 560 thousand, down by 5% - 35%. There are signs that the decline in the performance of the company at the end of last year the situation has not stopped, but there is still no sign to pick up the results.

Optical distance a insiders told reporters, "LED industry from the second half of 2011 began to gradually into the downturn, the company as LED and lighting photoelectric detection equipment manufacturers, has also been some impact, only about half of the time lag, so the first half of 2012 the performance can sustain growth, but to the next the first half effect became apparent. "

According to insiders, in 2012 by the overall downturn in the global economy, LED product exports fell sharply, LED production costs rise, profit margins, production and business conditions continued to deteriorate. Although the country's support policy has a great role in promoting the LED industry, but the recovery time to LED. The overall situation is better than last year, but the recovery requires a process, so the first half of the performance of the company may not be too ideal. "Far from the photoelectric stakeholders also admitted.

Upcoming starting stock lifted

On the one hand is the performance into the trough, temporarily can not see the improvement; the other side of the company is about to usher in the beginning of next month, the lifting of the ban lifted shares IPO tide.

It is understood that the photoelectric distance IPO issued 15 million shares, the fourth largest shareholder of Zhejiang Hua Ruihai more Photoelectric Industrial Investment Company Limited (hereinafter referred to as the "China Ruihai") and the sixth largest shareholder, holds 2 million 693 thousand and 700 shares and the prime e shot, 846 thousand and 100 shares, will end in March 29th. With the report of 10 shares for every 10 shares, the number of shares of China Ruihai more Hezhu prime e shot into 5 million 387 thousand and 300 shares and 1 million 692 thousand and 300 shares, representing 5.9% of total share capital.

It is worth mentioning that the shares held by Zhu is in the prime e shot prior to listing a price far lower than the net assets or assault shares obtained, of which the alleged transfer of benefits. Public data shows, in April 9, 2010, President Pan Jiangen signed the "equity transfer agreement with Zhu prime e shot