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The reorganization of Xu Rui Optoelectronics was kicked off.
In fact, since the end of last year, Xu Rui Optoelectronics has sent employees arrears and the resignation of the chairman, the company has held two shareholders' meetings to discuss the issue of share reorganization. According to informed sources, at the second shareholders meeting held on January 11, the relevant leaders of the Foshan government had told the company staff that Xu Rui Optoelectronics will have a new shareholder to take over.
According to public information, Xurui Optoelectronics includes Xuming Optoelectronics (NASDAQ: LEDS), Guoxing Optoelectronics, Beijing Langbo Optoelectronics Co., Ltd., Zhejiang Shenghui Lighting Co., Ltd., Beijing Aieridi Investment Co., Ltd. and Foshan City. Nanhai District High-tech Industrial Investment Co., Ltd. and other six shareholders. Among them, Xuming Optoelectronics holds 49% of the shares and is the company's largest shareholder; Guoxing Optoelectronics holds 15% of the shares and is the second largest shareholder.
Now there are various indications that Guoxing Optoelectronics will take over as a major shareholder to take over Xu Rui Optoelectronics. According to industry insiders, Guoxing Semiconductor, a subsidiary of Guoxing Optoelectronics Co., Ltd., is operating LED epitaxial chip business and taking over the ultimate outcome of Xu Rui Optoelectronics.
However, whether it will take over as a major shareholder, Xu Ming Optoelectronics, Guoxing Optoelectronics Board of Secretaries Party Jianzhong told Gaogong LED reporter that the relevant matters of increasing the holding of Xu Rui Optoelectronics are still waiting for the deliberation of the shareholders meeting, the specific details will be released The announcement will be revealed.
An employee of Xurui Optoelectronics said that the company is in a state of paralysis, and they also hope that shareholders will take over the company. “On the one hand, it can revitalize companies that are on the verge of production suspension; on the other hand, it can also pay the wages of employees who are in arrears earlier.â€
In fact, before the reorganization of Xu Rui Optoelectronics, the embarrassing attitude of the major shareholder Xu Ming Optoelectronics has been "blocking" progress. However, the above-mentioned employees revealed that Xu Ming Optoelectronics is likely to opt out of Xu Rui Optoelectronics this time. "The resignation of the company's chairman and Xu Mingguang's removal of some of the important components of MOCVD equipment may be a foreshadowing."
In addition, Xuming Optoelectronics' LED chip performance was not optimistic last year. The financial report showed that the fourth quarter total revenue was 5.47 million US dollars, down 40.41% from the previous month, gross profit was negative 3 million US dollars, down 185.71%, and net profit was 256. Ten thousand dollars, a decrease of 146% from the previous month. The loss of Xu Rui Optoelectronics makes Xu Mingguang even worse. "Restructuring Xu Rui Optoelectronics seems to be powerless." 
Guoxing Optoelectronics plans to increase the holding of Xu Rui Optoelectronics restructuring or re-election
[Text / high-tech LED reporter Tang Zikai] On January 10, 2013, Guoxing Optoelectronics (002449.SZ) announced that the company’s shareholding subsidiary, Xurui Optoelectronics Co., Ltd. (hereinafter referred to as Xurui Optoelectronics Co., Ltd.) Currently, it is negotiating with other shareholders of Xurui Optoelectronics. There is still uncertainty in this matter, and the company's stock has been suspended since the 11th.