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Jingsheng Electromechanical said that the company originally planned to use super-raised funds to purchase land and build factories, and implement “annual production of 25 8-inch zone molten silicon single crystal furnace construction projectsâ€, but the land acquisition and infrastructure period is long and cannot adapt to rapid changes. Market demand. In recent years, with the rapid development of intelligent equipment and technology such as industrial robots and rising labor costs, “machine substitution†in various industries has become the trend of the times. As a typical labor-intensive industry, LED has a huge market space for its upstream, midstream and downstream with intelligent equipment instead of labor.
Jingsheng Electromechanical therefore stated that it will actively deploy sapphire crystal material growth, LED substrate processing and intelligent equipment and services based on Industry 4.0 on the basis of the original photovoltaic and semiconductor crystal growth and processing equipment. As the optoelectronics business covers the LED industry's machine vision equipment, precision instrumentation, LED lamp automatic production line, intelligent production equipment and many other sub-areas, covering the LED industry's upper, middle and lower reaches industrial chain. Its business philosophy, technical level and product layout are in line with the company's development strategy.
The counterparty promises that after deducting non-recurring gains and losses in 2015, 2016 and 2017, the net profit after tax will be no less than RMB 5 million, RMB 20 million and RMB 30 million respectively. Performance compensation. 
Jingsheng Electromechanical plans to acquire 138 million shares of Zhongdian Optoelectronics 51%
On the evening of April 9th, Jingsheng Electromechanical announced that the company plans to change the project of “over 25 units of molten silicon single crystal furnace with an annual output of over 25 unitsâ€, and use 138 million yuan for the acquisition of 51% of Hangzhou Zhongwei Optoelectronic Technology Co., Ltd. Shares. The company's stock resumed trading on April 10.