Recently, the new three-board company Haojing Optoelectronics (831240) said that Philips (China) Investment Co., Ltd. (hereinafter referred to as: Philips) has quality defects in the quality of the lamps, and filed a lawsuit against Philips, requesting that all purchase contracts be cancelled and returned. 628.372 million yuan purchase amount. As the only major supplier of Haojing Optoelectronics in 2015, Haojing Optoelectronics purchased a total of 115.172 million yuan from Philips in the whole year, accounting for 87.63% of the total annual purchase. On April 28, 2015, Haojing Optoelectronics invested in land and factory buildings. Philips invested in core equipment and technology to establish a joint production base of Philips-Yuanjing Optoelectronics. The total investment of the project is about 3 billion yuan, and the planned area is 700 mu. It is planned to build 10 modern photoelectric lighting production lines. Haojing Optoelectronics has changed from a Philips dealer to a Philips partner. But former partners are now facing a situation of courtroom. On July 8, 2016, a paper complaint filed by Philips on the scene. It is reported that Zhaojing Optoelectronics was sued because of the dispute over the purchase and sale of goods, and Jingjing Optoelectronics failed to pay the purchase price on time, and was sued by Philips for paying 12.69.76 million yuan. According to Yanjing Optoelectronics, in 2014-2016, the company provided EMC energy management solutions to Xuchang City and its districts and counties. Philips is the only designated brand of EMC energy management solutions. As of December 31, 2016, there have been quality problems with 2,917 street lamps, and the number of damaged lamps is still rising. Haojing Optoelectronics said that the quality of lamps supplied by Philips seriously affected the maintenance and management of EMC energy management in the company. In addition, after July 2016 and January-March 2017, the company asked Philips to make claims, and all kinds of Philips pushed and slacked, causing serious adverse effects on the company and energy-using units. On March 17, 2017, Lai Jing Optoelectronics sued Philips, requesting the court to cancel all purchase contracts with Philips in accordance with the law; requesting Philips to return the purchase payment of 62.837 million yuan. At present, the case has been accepted by the People's Court of Jing'an District, Shanghai, and has not yet opened. It is reported that Philips is one of the major suppliers of Lijing Optoelectronics in 2016. The purchase amount in 2016 was 860,000 yuan, accounting for 8.36% of the total. Lai Jing Optoelectronics was warned by the regulatory authorities last year because it did not disclose the litigation matters in a timely manner. In November last year, Haojing Optoelectronics announced that the company had received the decision of the Shanghai Securities Regulatory Commission of the China Securities Regulatory Commission (hereinafter referred to as “Shanghai Regulatory Authorityâ€) to issue a warning letter to the company. . On July 8, 2016, Haojing Optoelectronics received the “Notice of Responding†filed by Philips (China) Investment Co., Ltd. in the Jing’an District People’s Court of Shanghai, requesting the company to pay the goods of RMB 12.976 million and overdue liquidated damages. Bear the costs of litigation. Haojing Optoelectronics did not disclose the above-mentioned major litigation matters in time, and will not announce it until August 9, 2016. The Shanghai Regulatory Authority believes that the above acts violate the provisions of Articles 20 and 25 of the Measures for the Supervision and Administration of Unlisted Public Companies. According to the provisions of Articles 56 and 62 of the Measures for the Supervision and Administration of Non-listed Public Companies, it was decided to warn Lijing Optoelectronics. Lai Jing Optoelectronics officially listed on the New Third Board on October 31, 2014. It is mainly engaged in contract lighting energy management, urban lighting engineering projects and central fresh air system products for LED lighting products. In 2016, the company realized operating income of 37.46 million yuan, up 92.31% year-on-year; net profit was 10.513 million yuan, up 83.14% year-on-year. According to the announcement, the total liabilities of Haojing Optoelectronics in 2015 and 2014 were 47.449 million yuan and 37.754 million yuan respectively, and the debt ratios were 46.42% and 67.45% respectively. Compared with the operating income of Zhangjing Optoelectronics in 2014 and 2015 of RMB 14.8656 million and RMB 19,479,600, the amount of liabilities is relatively large. In the first half of 2016, the total liabilities were 36.954 million yuan. Utility Scale Energy Storage,Solar Energy System,Solar Photovoltaic Panels,Photovoltaic Pv Systems EMoreShare International Trade (Suzhou) Co., Ltd , https://www.emoreshare.com