Long letter technology investment 150 million deep touch screen director abstained

Each reporter Hu Yuhui a A-share touch screen Xin Ding Long Letter technology (300088, closing price 19.37 Yuan) announced a new investment on 17th, will be funded 150 million yuan to participate in the establishment of joint ventures.　　However, it is noteworthy that the company's directors abstained, saying that touch screen competition incentive, worried about the future market prospects. 150 million investment new company 17th long letter Technology issued an investment announcement, announced that will take out 150 million yuan to participate in joint venture company set up, continue to deep in touch screen field. On the content of the announcement, this investment is divided into two steps, first by the Sword Teng Liquid crystal display (Shanghai) Co., Ltd. (hereinafter referred to as Shanghai Jian Teng), long letter technology and Shanghai New Blue Asset Management Co., Ltd. (hereinafter referred to as Shanghai New Blue) three launched the establishment of Shanghai Teng Xin Photoelectric Co., Ltd. (hereinafter referred to as Teng Xin photoelectric).　　In the process of Shanghai Jian Teng to a full set of 5-generation CF equipment for 145 million yuan investment, long letter technology to cash 59.4928 million yuan, the Shanghai New Blue investment is 2.7671 million yuan, at this time three shareholding in order 70%, 28.67% and 1.33%. The second step, by the Sword Investment Co., Ltd. (hereinafter referred to as the Sword investment) by the Shanghai Jian Teng holdings of all the shares of Optoelectronics photoelectric, while long letter technology and Shanghai New Blue respectively to Teng Xin photoelectric increase of 92.272 million yuan, 4.2917 million yuan.　　After the completion of the action, Teng Xin photoelectric ownership structure for the sword investment 55%, long letter technology 43%, as well as Shanghai new Blue 2%. In this investment, Long letter science and technology total capital contribution will reach 152 million yuan, but another protagonist of the sword investment but did not spend such a large price on the joint venture to obtain the first major shareholder status; and the bulletin about Teng Xin photoelectric follow-up development, long letter science and Technology clearly said in its operating performance reached a certain condition, itself will be launched to acquire to achieve full control, visible company to this project value.　　So what is it that attracts the long letter technology willing to take out such a large amount of real money? Company: Optimistic about the professional ability of the joint-venture party 17th reporters in this connection with the company, Long Letter Technology Securities department Personage said, is optimistic about Shanghai Jian Teng general manager Ling Anhai Professional ability. The bulletin shows that the Ling Anhai is the actual control of investment in the sword, but also Shanghai Jian Teng general manager.　　And Shanghai Jian Teng is by Shanghai Instrument Electric Holding (group) company and sword degree investment in 2002 set up, Shanghai instrument Electricity shareholding 60%, Jian degree investment shareholding 40%. Ling Anhai, now 61 years old, has been in the TFT display industry for many years. Ph. D. In materials science, has served AMD senior engineer, China Taiwan exciting State Technology Co., Ltd. General manager, long letter technology to its introduction for the "professional engaged in thin film technology and ion sputtering research and development", in the "thin film technology and semiconductor field has a reputation"; The company's securities ministry said　　Value its technology in the field of film accumulation, after all, one of the core touch screen technology is vacuum coating. However, 16th long letter Technology held a board meeting to vote, the company 9 directors only cast 8 votes in favour of the 1The director abstained from voting. The long letter has not disclosed who is the director of the abstention vote, but has made public the reason for its abstention: the director believes that the medium and large capacitance screen market is highly competitive and the market outlook is uncertain.