The company and all members of the board of directors guarantee the truthfulness, accuracy and completeness of the contents of the announcement, and there are no false records, misleading statements or major omissions.

Important content tips: 1. Name of investment target: diamond cutting saw blade project. 2. Amount and proportion of investment: The estimated total investment is 43.88 million yuan, of which 10 million yuan is applied for bank loans and 33.88 million yuan is self-raised by enterprises. 3. This investment is not purchased as a connected transaction. I. Overview of this investment

1. The 16th meeting of the 5th Board of Directors reviewed and approved the “Proposal on Investment in the Construction of Diamond Cutting Saw Blade Project”. All the directors unanimously agreed to invest in the “Diamond Cutting Saw Blade Project” in Hengdian (Taiyuan) Industrial Park. The investment was 43.88 million yuan, of which construction investment was 39.98 million yuan, and the initial working capital was 3.9 million yuan. The construction period was one year.

This proposal is within the scope of the decision-making authority of the board of directors and need not be submitted to the general meeting of shareholders for consideration and approval.

2. This investment does not constitute a connected transaction.

Second, the basic situation of investment targets

(1) Basic information of the project

1. Project Name: Diamond Cutting Saw Blade Construction Project

2. Project implementation unit: Taiyuan Shuangta Gangyu Co., Ltd.

3. Project implementation location: Hengdian (Taiyuan) Industrial Park

4. Source of project funds: Apply for bank loan of 10 million yuan, and self-raised funds of the company will be 33.88 million yuan.

5. The specific construction contents are mainly: production workshop, office and living facilities and general plan project.

6. The total construction area of ​​the project is 13134 m2, and 84 sets of process equipment are newly added. The total installed capacity of equipment and lighting power is 1154KW, and the project has a capacity of 220 people.

7. After the completion of the project, the annual output of diamond cutting saw blades will be 2.7 million pieces, and the annual output of hot-pressed chips will be 1.3 million pieces.

8. After the implementation of the project, the annual sales income will be 52 million yuan, and the annual average sales profit will be 9.11 million yuan.

(II) Necessity of project construction

The implementation of the project not only brings stable economic benefits to the company, but also has obvious social benefits. It is an important measure to enhance the company's strength and market competitiveness. It will further optimize the company's industrial structure and product structure, and upgrade the company's industry. It is of great strategic importance, so the implementation of the project is very necessary.

(III) Evaluation index of investment benefit of the project

The investment profit rate is 17.2%; the investment profit tax rate is 25.1%; the project financial internal rate of return: 20.9% before tax, higher than the industry's benchmark value of 12%, after tax is 16.3%; the capital internal rate of return is 18.4%, higher than the industry The benchmark value is 13%; the financial net present value indicator is greater than zero.

The project investment recovery period is 5.8 years (before income tax), and the loan repayment period is 2.8 years (including 1 year construction period). It can be seen that the project's investment recovery rate is faster and the repayment ability is stronger. The project has good economic benefits.

Third, the risks of this investment project and the impact on the company

Due to the influence of the external environment such as industry and market, the project may have certain operational risks in the future. Since the financial yield of the project is sensitive to changes in sales revenue and operating costs, the company should actively develop the market, expand sales channels, strengthen internal management, and reduce production costs.

The project construction is in line with the company's long-term development strategy plan. If the project can be implemented smoothly, it will further enhance the company's competitiveness in the super-hard materials industry market; it will help to further enhance the company's overall profitability and ensure the company's sustained, healthy and stable development. .

Fourth, the documents for reference

1. Resolutions of the 16th Meeting of the 5th Board of Directors of the Company;

2. Feasibility study report of diamond cutting saw blade construction project.

Special announcement

Taiyuan Shuangta Gangyu Co., Ltd. Board of Directors

October 19, 2011

3 source application bank loan)

Greenhouse LED Grow Lights

Professional dedicated to Research,Development,Design,Manufacture of Innovative,Intelligent control and high efficiency Greenhouse LED Grow Lights for modern agriculture,greenhouse,hydroponics, etc.


Features
Deep penetration :Good lighting penetration,can penetrate to the deep of the plants
Modular Internal Build: Fully upgradable,easy warranties
Thermal Management:Custom copper core heatsinks quickly dissipates heat for cool operating temperatures
Powerful: 2nd Generation ultra penetration 5W LEDs light deep into the canopy
Versatile: Power cord available in 85~265V and international plugs
Lighter weight: Much lighter than the same products in the marketplace, safer for hanging .
Plants: Suitable for both vegetative phrase and flowering phrase


Advtanges:

Upgraded Epistar chips,High Lumen,High penetration.

Zener Diode protection Each LED,one LED Out,other LEDs still work.
High quality material,Listed Certification Wires,Heatproof Tube,Zero-Risk to catch fire.
Efficient Full spectrum Special rations of Blue,Red and White for both blooming &fruiting stages.
Adopting isolated power supply,safe&easy to maintain&long life time.
Aluminum heat-conducting plate+high quality brand fans,efficient heat dissipation.
IR LED involved,it is not as bright as other leds,But promote the yield.

Plug with listed certificate safe to use.


Item Display

Greenhouse LED Grow Lights

Greenhous LED Grow Lights

Greenhous LED Grow Lights


Full Spectrum LED Grow Light and High PAR for Greenhouse lighting


Greenhous LED Grow Lights

Greenhous LED Grow Lights


The Plug of LED Grow Lights you can use

Greenhouse LED Grow Lights

Application:

Ideal for all phases of plant growth, and works well with water solution culture and soil culture.Can be used in house garden,pot culture,sowing, breeding farm,flower exhibition,bonsai garden,green house,sowing farm,greenhouse cultivation,water soluble breeding, pipeline cultivation and so on.


Greenhouse LED Grow Lights


Quality Control systems and after-sales

Package


Greenhous LED Grow Lights


Why Choose Us
1. 10 years Led grow light manufacturer with professional experience in production.
2. Cooperated with customers in a long-term business relaltionship and our mission is to acheive win-win.
3. Products are strictly checked by QC department before delivery, and with CE, RoHS, FCC PSE approval.
4. 3 years warranty policy,up to now,our product defective rate is under 0.2%.
5. 20000 kits every month to guarantee the best delivery time.


Cautions:

1.Do not use the lights in dripping water or anywhere where they will get wet, water and electricity can be a dangerous mixture

2. The working environment for the light is -20~40 degree celsius,45%RH~90%RH.

3. To protect the light, Plz cut off the power when there is a lightning strike.

4. Don`t touch or move when the light working.

Suggestions:

1.Clean the dust inside every 6 months to ensure the good heat dissipation and long life time.

2.Don`t keep too short distance to the plant canopy to avert leaves bleaching.

3. Highly hang the lamp will weaken the energy and affect the growth cycle of the plants, so the lamp should not be hang too high.

4. While taking care of the plants, please spray the leaves and branches 2-3 times everyday, to ensure the plants do not wrinkle a wither,and have no phenomenon of few fruit, and hard pericarp


Philizon is a company that makes it possible to produce fresh vegetables:

Where it is too hot or too cold,

Where there is too much or too little sunlight,

We create in a complete closed indoor environment the optimal conditions to grow.

Led Light Indoor Plants Growing,Led Grow Light Plants Growing,Led Grow Lighting For Greenhouse,Grow Lights For Greenhouse

Shenzhen Phlizon Technology Co.,Ltd. , https://www.szledaquariumgrowlight.com

Posted on