The business pillar of Revealing the Rich Woman's Words and Caiji Guoteng Electronics (300 10 1) is Chengdu Guoxing Communication Co., Ltd. (hereinafter referred to as "Guoxing Communication").
In 2009, Guoxing Communication contributed 42.76% to the net profit attributable to the owner of Guoteng Electronics' parent company. When 20 10 went public, 8 of the 9 patents listed belonged to Guoxing Communication. At the end of 20 13, Guoteng Electronics announced that Guoxing Communication signed a number of product sales contracts with customers, with a total contract amount of 323 million yuan, accounting for 159.78% of the company's total operating income in the audited fiscal year of 20 12.
Guoxing Communication has been engaged in the research and development of Beidou satellite navigation terminal since 1999, and it is one of the earliest manufacturers to develop Beidou terminal. In the latest centralized procurement bidding for satellite navigation and positioning user equipment, we achieved three impressive results: first, 1 second and 1 third, and were awarded the honorary title of "Outstanding Contribution Collective of Beidou-2 Satellite Project Construction" by the General Armament Department of China People's Liberation Army and the National Bureau of Science, Technology and Industry for National Defense.
A person familiar with Guoxing Communication revealed to the reporter of 2 1 Century Business Herald that Guoxing Communication was originally the main body of listing, but it was later determined that Guoteng Electronics, which has a smaller business scale, was the main body of listing. In order to make Guoteng Electronics meet the listing conditions, Guoteng Electronics is allowed to hold Guoxing Communication.
When acquiring the equity, Guoteng Electronics also explained the benefits of the acquisition. However, the transformation of listed entities from Guoxing Communication to Guoteng Electronics is actually a major adjustment of interests among different groups. According to informed sources, the process of Guoteng Electronics' acquisition of the equity of Guoxing Communication was not smooth. Many shareholders of Guoxing Communication did not agree to give up their shares and insisted on holding them.
In 2008, Huang Wei, Yang Xiaoguang and liangzhi who transferred the equity of Guoxing Communication entered the sponsor queue of Guoteng Electronics, and Mo Xiaoyu, Xu Jin and Bai Jie became the shareholders of Guoteng Group (the controlling shareholder of Guoteng Electronics). However, most other shareholders of Guoxing Communication failed to enjoy the opportunity of listing premium.
Borrow the strength of subsidiaries
Established in 1999, Guoxing Communication Co., Ltd. owns Chengdu Guoteng Communication Co., Ltd., the 30th Institute of Electronics of the Ministry of Information Industry, the University of Electronic Science and Technology of China, Sichuan Huawei Information Industry Investment Co., Ltd. ... 200 1 10th Institute of Electronics of the Ministry of Information Industry, and newly introduced ten subordinate enterprises and natural persons as new shareholders. Guoteng Communication Co., Ltd. transferred some shares to some natural persons.
200 1, all shareholders made a commitment to "transfer all products and technologies related to the Beidou system user machine and enhanced system receiver project to Chengdu Guoxing Communication Co., Ltd."
Relying on shareholder technologies such as the 30th Institute of Electronics of the Ministry of Information Industry, the University of Electronic Science and Technology of China, and the 10th Institute of Electronics of the Ministry of Information Industry, the business of Guoxing Communication started and developed rapidly, and finally began to prepare for listing.
However, on June 7th, 2007, 165438+ Guoteng Microelectronics (the predecessor of Guoteng Electronics) began to control Guoxing Communication.