[High-tech LED News] LED Taiwanese factory Taigu's revenue in May was NT$255 million, a decrease of 12.28% month-on-month. Taigu pointed out that the sales volume in the first two months was mainly due to the sales of crystal rods, while the sales of crystal rods in April were completed, so the revenue declined, but overall, the grain shipments are still growing.
Taigu stressed that the current order is not a problem, and now the industry is due to increased product specifications, resulting in low yield and insufficient effective capacity. The company is working hard to make machine adjustments, hoping to increase yields and lift shipments. The revenue in June will rebound.
In addition, Taigu has scheduled a shareholders' temporary meeting on September 16 to discuss the re-election of the board of directors, and the dispute over management rights will also be announced. Jingdian currently holds about 24% of its shareholding in Taigu, and Yiguang holds about 10% of its shares. The two companies together account for 34%, surpassing the 30% shareholding of Taigu's current operating team. At present, there are 7 directors in Taigu, including 5 seats in Taigu, 1 seat in Jingdian, and 1 independent director.
Judging from the current shareholding structure, after the re-election of the board of directors this year, the board of directors will be reshuffled. At the same time, Jingdian and Yiguang will be able to win at least three seats, while the number of seats in Taigu may be reduced to less than four.
Taigu stressed that the current order is not a problem, and now the industry is due to increased product specifications, resulting in low yield and insufficient effective capacity. The company is working hard to make machine adjustments, hoping to increase yields and lift shipments. The revenue in June will rebound.
In addition, Taigu has scheduled a shareholders' temporary meeting on September 16 to discuss the re-election of the board of directors, and the dispute over management rights will also be announced. Jingdian currently holds about 24% of its shareholding in Taigu, and Yiguang holds about 10% of its shares. The two companies together account for 34%, surpassing the 30% shareholding of Taigu's current operating team. At present, there are 7 directors in Taigu, including 5 seats in Taigu, 1 seat in Jingdian, and 1 independent director.
Judging from the current shareholding structure, after the re-election of the board of directors this year, the board of directors will be reshuffled. At the same time, Jingdian and Yiguang will be able to win at least three seats, while the number of seats in Taigu may be reduced to less than four.
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