On January 20th, after Hesheng New Materials was "forced" to announce the high delivery plan in advance, this "honor" 20 sunset was on Sanan Optoelectronics. The company confirmed the market's rumored 10 to 10 distribution plan. This news will undoubtedly give a shot to the stock price of Sanan Optoelectronics, which has been suspended since the 18th.
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   Major shareholder proposed "10 to 10" plan
   The company announced on the 20th that the company was informed that some media and the network reported that the company will send "10 get 10" high in 2009. After consulting the company's management, controlling shareholder and actual controller, the company made an appointment to disclose the 2009 annual report for February 8, 2010. The company's major shareholder Fujian Sanan Group has recently submitted to the company's board of directors, as of December 31, 2009. The company's total share capital is about 278 million shares, based on the capital reserve fund, 10 shares for every 10 shares, cash dividends and other profit distribution proposals, and promised that the relevant personnel voted in favor of the proposal on the board of directors.
   At the same time, the company also plans to submit this profit distribution plan to the board of directors for review, but there is still uncertainty. The final plan for the company's 2009 profit distribution will be determined by the board of directors and submitted to the shareholders' meeting for approval after the company's audit institution issues an audit report. .
   It is reported that the earliest batch of funds to enter Sanan Optoelectronics is directed at the rumors of the company's annual report of 10 to 10, and as the market hotspot turns to LED, more and more funds have entered, and the stock price has been pushed to the ceiling. In less than a month, the stock price has been fired from the 38 yuan to the highest of 74 yuan. And on August 12, Sanan Optoelectronics announced that it will invest 12 billion yuan to build an LED base, and its share price has soared to the daily limit. The latest research report of Haitong Securities [17.96 -0.61%] has significantly increased the target price of Sanan Optoelectronics in the next 6 months to 99 yuan, pointing to the 100-yuan mark.
   The performance increased by 220% year-on-year.
   At the same time, the company also released two positive results today, 2009 performance pre-increased and major contract announcements, the company expects the net profit attributable to the parent company in 2009 to increase compared with the same period of the previous year (net profit of 52.05 million yuan) More than 220%.
   The company stated that since the company completed the major asset restructuring at the end of June 2008, the income from January to June 2008 was mainly derived from the custody expenses generated by the compulsory LED business target assets, and the LED business target assets purchased from 2008. The economic benefits generated by the production and operation in July are all included in the scope of the company's consolidated profit statement; the company's 2009 main business is the development, production and sales of LED epitaxial wafers and chips, which has completely improved the company's ability to continue operations and profitability. All indicators have changed significantly.
   In addition, the company signed the "LED Application Product Sales Contract" with the Wuhu City Housing and Urban-Rural Construction Committee on January 15, 2010. The committee decided to purchase high-power LED street lamps (specification model 90W-200W) from the company, totaling 600 million yuan. The contract fulfillment period is from 2010 to 2012, and each year purchases 200 million yuan .
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