Sanan Optoelectronics violates the investment agreement, and the major shareholders of Jingdian demand that it withdraw funds.

It is rumored that Sanan Optoelectronics, one of China’s largest LED factories and one of the shareholders of Jingdian’s legal person, violated the investment agreement and excavated high-level personnel and technical patents. The major shareholders of Jingdian called the Ministry of Economic Affairs to submit a review meeting, stating that “Sanan’s photoelectric violation The four non-resolutions of the trial and approval meeting required Sanan to withdraw from Jingdian.

The so-called "four noes" resolution of the investment review meeting means that Sanan may not require the transfer of IP, may not engage in talents, may not require intervention in management, and may not require technology transfer.

Zhang Shixian, deputy general manager and spokesperson of Jingdian, confirmed that there are indeed major shareholders who have reflected the relevant situation on the board of directors. Sanan’s investment in the Ministry of Economic Affairs agreed that the shares held by the Ministry of Economic Affairs will be converted into the shares of Jingdian. The company has digged the corners of the employees who have left the company, and has violated the conditions for the investment committee to agree to Sanan’s shareholding in Jingdian. However, Zhang Shixian stressed that it is not known whether the major shareholders have made a request to the government.

In 2013, Sanan Optoelectronics acquired a 19.9% ​​stake in the company with NT$2,352 million and became the largest shareholder. In June last year, Jingdian acquired a round of mergers and acquisitions. At that time, Sanan could choose to retain 120 million private equity shares. Or convert into a regular share of Jingdian, which will hold a 3.1% stake in Jingdian.

The Ministry of Economic Affairs approved the case on October 27, 2014, and Sanan Optoelectronics obtained a 3.1% stake in Jingdian. The examination and approval meeting also attaches the principle of "four noes", and if there is a violation, it will forcefully withdraw funds.

However, in order to become the LED overlord on both sides of the strait, Sanan continued to attack the crystal power in the past four years, and digs away more than 100 engineers. It is understood that the latest action of Sanan is to dig up the team of ten people in Jingdian, responsible for the operation of the new factory in Xiamen, and form the fuse that the major shareholders of Jingdian demanded the divestment of Sanan. The major shareholders of Jingdian said: "This is an approach that does not put the Taiwanese government in the eye."

Zhang Shixian said that in the past, Jingdian had filed a lawsuit against the employees who had been hacked by Sanan. However, even if Jingdian’s retired employees took the technology of Sanan at that time, Jingdian could not win the case because Sanan placed Jingdian’s departing employees in the look. A company that has nothing to do with Sanan, but actually works for Sanan, and it is difficult to prove it in law.

Communication Pole

Our vast selection of communications poles is designed and manufactured for durability, wear and corrosion resistance, and visual appeal. We begin with the highest-quality materials for our designs, and fabricate poles and supports that meet our client's specifications and exceed their expectations for telecom poles.

We are one of the leading manufacturers of CCTV Poles and fiber optic pole.


Yixing Futao Metal Structural Unit Co. Ltd. is com manded of Jiangsu Futao Group.

It is located in the beach of scenic and rich Taihu Yixing with good transport service.
The company is well equipped with advanced manufacturing facilities.
We own a large-sized numerical control hydraulic pressure folding machine with once folding length 16,000mm and the thickness 2-25mm.
We also equipped with a series of numerical control conveyor systems of flattening, cutting, folding and auto-welding, we could manufacture all kinds of steel poles and steel towers.
Our main products: high & medium mast lighting, road lighting, power poles, sight lamps, courtyard lamps, lawn lamps, traffic signal poles, monitor poles, microwave communication poles, etc. Our manufacturing process has been ISO9001 certified and we were honored with the title of the AAA grade certificate of goodwill"
Presently 95% of our products are far exported to Europe, America, Middle East, and Southeast Asia, and have enjoyed great reputation from our customers,
So we know the demand of different countries and different customers.
We are greatly honored to invite you to visit our factory and cheerfully look forward to cooperating with you.

Communication Pole,Steel Communication Pole,Communication Tower,Telecom Pole,Fiber Optic Pole

YIXING FUTAO METAL STRUCTURAL UNIT CO.,LTD( YIXING HONGSHENGYUAN ELECTRIC POWER FACILITIES CO.,LTD.) , https://www.chinasteelpole.com

Posted on