Masters Releases 2017 Annual Results Announcement On January 10th, Mingjiahui released the 2017 annual performance forecast, showing that the net profit attributable to shareholders of listed companies from January 1, 2017 to December 31, 2017 was RMB 179,092,800 – RMB 20,108,200, compared with The year-on-year growth rate was 70%--100%. For the reasons for the change in performance, Mingjiahui said: 1. Under the environment of national infrastructure investment, cultural tourism policy and the country's vigorous implementation of “characteristic town†and PPP model, the company has seized the opportunity of rapid development of urban lighting industry, and the lighting engineering business has shown a growing trend of development. With the smooth implementation of a batch of engineering projects in 2017, the operating income and net profit during the reporting period increased significantly compared with the same period of last year. 2. From January to December 2017, the company expects that the non-recurring gains and losses will affect the net profit attributable to shareholders of listed companies by approximately -2.53 million yuan. Jin Wright's controlling shareholder Jiang Xiaorong shares completed the transfer On January 10, Jinlaite announced that on December 15, 2017, Guangdong Jinlaite Electric Co., Ltd. (hereinafter referred to as “Gold Wrightâ€, “Companyâ€) controlling shareholder Jiang Xiaorong and Shenzhen Huaxin Chuangli Technology Industrial Development Co., Ltd. (hereinafter referred to as "Hua Xin Chuangli") signed the "Agreement on the Transfer of Shares of Guangdong Jinlaite Electric Co., Ltd." (Agreement No.: 20171215001), and Jiang Xiaorong transferred the total amount of Jin Laite held by Hua Xin to 55. 991,330 shares (accounting for 29.99% of the company's total share capital). The securities transfer procedures for the above equity transfer were completed on January 8, 2018 and the Securities Depository Registration Confirmation issued by China Securities Depository and Clearing Co., Ltd. Shenzhen Branch was obtained. As of the date of this announcement, Jiang Xiaorong directly holds 14,058,440 shares of the company (accounting for 7.53% of the company's total share capital). Huaxin Chuangli directly holds 55,991,330 shares of the company (accounting for 29.99% of the company's total share capital), which is the controlling shareholder of the company. The actual controller of Huaxin Chuangli, Cai Xiaoru, is the actual controller of the company. Ruifeng Optoelectronics Co., Ltd. passed the national high-tech enterprise certification On January 9, Ruifeng Optoelectronics announced that Zhejiang Ruifeng Photoelectric Co., Ltd. (hereinafter referred to as “Zhejiang Ruifengâ€), a wholly-owned subsidiary of the company, received the Zhejiang Provincial Department of Science and Technology and the Zhejiang Provincial Department of Finance on January 8, 2018. The "High-tech Enterprise Certificate" jointly issued by the State Taxation Bureau of Zhejiang Province and the Local Taxation Bureau of Zhejiang Province. For the first time, Zhejiang Ruifeng was recognized as a high-tech enterprise with the certificate number GR201733000463. The license is issued on November 13, 2017 and is valid for three years. According to the "Enterprise Income Tax Law of the People's Republic of China" and the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China" and other relevant regulations, Zhejiang Ruifeng enjoys the state's high-tech enterprises for three consecutive years (2017-2019) after being recognized by high-tech enterprises. The relevant preferential policy is to pay corporate income tax at a rate of 15%. Jucan and Nanchang Zhongwei Sign MOCVD Equipment Purchase Contract Jucan Optoelectronics announced on the evening of January 9 that the company signed a major procurement contract with Nanchang Zhongwei Semiconductor Equipment Co., Ltd. (hereinafter referred to as “Nanchang Zhongweiâ€). According to the contract, Jucan Optoelectronics purchased a batch of metal organic compound chemical vapor deposition equipment (Model: Prismo A7) from Nanchang Zhongwei, with a total contract value (including tax) of 628 million yuan. The contract equipment is delivered in batches and the contract payment is paid by installment. Jucan Optoelectronics said that the implementation of the above contract will not affect the company's 2017 annual operating results. However, with the production and use of MOCVD key equipment, the gradual release of production capacity is expected to have a positive effect on the company's operating results in the coming years.
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