China Silian Instrument and Meter Group Co., Ltd. was established in 1987 with the original Chuanyi General Factory as the core. At present, it has become the comprehensive automation instrument manufacturing enterprise with the largest operation scale, the most complete product category and the strongest system integration capability in China. In 2009, the sales scale was 5.3 billion yuan and the profit was 290 million yuan. It ranked first in the same industry in the country for eight consecutive years.
Under the background of global economic integration, Silian Group has taken the “going out†step and actively promoted international operations. In 2007, after learning that Honeywell International was preparing to bid for its sapphire business in its Canadian plant, Silian Group was keen to capture this rare opportunity to enter the international market. After more than a year of hard work, it successfully acquired Honeywell. The company is a leading sapphire technology in the world.
In October 2007, it officially entered the bidding process. Silian Group successively commissioned well-known domestic and foreign law firms and accounting firms to conduct comprehensive due diligence investigations. On the basis of full investigation, the value of the acquired assets was more than 18 million US dollars. The formal bid price laid the foundation. On February 15, 2008, after obtaining the foreign bidding permit from the National Development and Reform Commission, the price of US$19.8 million was officially reported. In March 2008, Honeywell notified the Group to win the bid. On April 28, 2008, the two parties signed an asset purchase agreement in Chongqing.
On August 22, 2008, Silian Group received all assets, personnel and business, and registered its wholly-owned subsidiary “Silian Sapphire Co., Ltd.â€, and all the acquired assets were injected into the company.
The successful acquisition of Honeywell's sapphire business has made Silian Group one of the few companies in the world to master high-quality sapphire crystal growth technology and processing technology, and to seize the opportunity of development in the fierce competition of other semiconductor companies in China. International competitiveness has jumped sharply. At the same time, Silian Group successfully copied the technology to Chongqing, breaking through the bottleneck restricting the development of the domestic LED industry and promoting the optimization and upgrading of the LED industry chain in Chongqing.
With the acquisition as the carrier, Silian Group has seen the international advanced technology and transformed the traditional single asset acquisition into a multi-integrated acquisition of excellent assets, advanced technology and management experience. In addition to the successful acquisition of Honeywell's sapphire business, Silian Group also cooperated with Chongqing Gaoxin Venture Capital Co., Ltd. to jointly introduce the French Thomson Group Beijing Semiconductor Laboratory team to comprehensively promote the development of high-definition decoding chips with independent intellectual property rights to create digital system TV. High-end industrial chain such as set-top box and broadband multimedia platform.
According to the development plan of Silian Group, by 2015, it will have an annual production capacity of 2.4 million sapphire substrates, 10 billion LED packaged devices and 1 million LED application products. At the same time, the Group's sales scale will reach 21.5 billion yuan, profits of 2.15 billion yuan; build 5-6 world-class products; cultivate 1-2 outstanding listed companies; rank among the top five global industrial process automation instruments
Digital currency transactions allow users to convert existing digital currencies into other digital currencies. The entire transaction does not involve any legal tender. Because of the relatively loose regulation, the mainstream digital currency trading platform also opened this function.Digital Asset Exchange (DAE) is a platform for matching transactions between digital currencies, digital currencies and legal currencies. It is the main place for encrypting the circulation and price determination of digital currency transactions.
Compared with traditional stock exchanges, digital asset trading platform not only matches transactions, but also plays the role of market maker and investment bank. The role of the market maker in the trading platform can increase the liquidity of the market, and the trading platform can earn the transaction price difference. The role of the investment bank of the trading platform is to provide services such as issuance and underwriting of digital currency, from which the trading platform collects money fees, or collects deposits in the form of community voting of the trading platform.
Currency Exchange,Digital Currency Exchange,Virtual Digital Currency Exchange,Display Currency Exchange
China youbi digital assets limited , http://www.ubcoinchina.com