Xiamen Cinda plans to achieve more than 1.3 billion LED industry transformation and upgrading

Xiamen Xinda was established in 1984. In 1997, the main board of Shenzhen was listed. In 2015, the second round of strategic planning was launched, and the strategic thinking of “high-tech leading and diversified development” was adhered to. At present, the company takes the optoelectronics and Internet of Things industries as its core business, and also operates supply chain, real estate and financial services. Among them, the electronic information industry is mainly engaged in ultra-high brightness LED packaging, application development and production, electronic labeling, security product development and production.

The company intends to realize the transformation and upgrading of the LED industry and the extension of the application field through the non-public issuance of no more than 1.3 billion, to create the core application areas of the Internet of Things business, to cultivate and develop the intelligent security business, and to accelerate the development of the company's electronic information business. Xiamen Guomao Holdings, the controlling shareholder of the company, is the second largest state-owned enterprise in Xiamen City. The company is the only company engaged in LED and RFID business under the Xiamen State-owned Assets Supervision and Administration Commission. In the future, the company hopes to focus on the development of optoelectronics and IoT business, enlarge and strengthen the electronic information industry; stably develop supply chain management and real estate; expand financial business according to the company's business, improve profitability and sustainable development capability, and become a high-quality listing of electronic information industry. the company.

The company's current main business is: electronic information: optoelectronics industry and Internet of Things (electronic tags, security); supply chain (bulk goods, car sales); real estate; financial services (ticket platform, financial leasing). The layout of the optoelectronic business sector is located in Xiamen, Anxi, Shenzhen and Zhongshan. The product layout includes LED packaging products and LED application products. LED packaging products are mainly sold domestically. The market is concentrated in the Pearl River Delta, Yangtze River Delta and North China. It has offices in Shenzhen, Beijing and Shanghai, and direct sales manufacturers. LED application products include road lighting, transportation products, indoor lighting, display screens and viewing lighting products; mainly direct sales, currently has flagship stores in Shanghai and Zhongshan.

Cinda IoT is the main business entity of RFID business. Its products are mainly used in book management, anti-counterfeiting identification, food traceability, intelligent transportation and clothing management. In January 2015, the company acquired Anni Digital and entered the security professional field to participate in the construction of smart cities. At present, it has cooperated with Jingdong Mall to expand the company's value chain in the IoT industry and enhance its comprehensive competitiveness by integrating Cinda's IoT technology, Anni's security technology and JD's e-commerce platform.

The supply chain business has a large trade and automotive 4S shop. At present, only a project of “Sinda-Xiangdi International” in Jiangdanyang is under construction. Real estate will combine with other business advantages to move towards industrial real estate. Financial services include financial leasing (Sanan Cinda Financial Leasing Co., Ltd.) and financial services (Shenzhen Maike Commodity Financial Services Co., Ltd.). The financial services company's business is mainly engaged in innovative financial services such as bill intermediary, trade bill management, bill fund product investment management, bill pool management, etc., providing corporate clients with a package of innovative financial services. Sources of profit include commission income, interest spread, handling fees, consulting fees, and product revenue sharing. The company's main competitive advantages are policy support, location advantages, resource advantages, and professional advantages. The company and Sanan Group are long-term partners, making full use of the resource advantages of the shareholders in the optoelectronics and photovoltaic industry. They are positioned to be based in Xiamen, facing Haixi, radiating the whole country, focusing on industrial financing leasing of new energy industry equipment such as photovoltaics.

The company's advantages include: this non-public offering, the major shareholder Xiamen Guomao Holdings cash subscription of not less than 30%; focus on the layout of electronic information industry; transformation of supply chain management, investment-based financial business; sustainable growth of profitability.

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