Feile audio denied Shanghai huaxin securities borrowing specialize in green lighting industry

In response to the recent huaxin securities intended to be borrowing feile audio (600651, unit bar) reported that the fly music audio dongmi, Deputy Chief leaves hope in an interview to and strongly denied it and said the company is committed to a national brand "yaming" operation.

2009 years ago, the fly music sound business has had electronic components, IC card, digital electronics, digital TV, sound engineering and lighting business, while shares of the Bank of Shanghai huaxin securities, and other financial assets. As the main location is not allowed, resulting in the company's performance has been in the downstream market. Ye wish expressed that the company's annual report 2008 has defined the future main business direction, focusing on the development of green lighting industry, achieving corporate green lighting industry rapid development of unconventional. Shanghai instrument and electronics holdings group leaders have expressed in public, feile audio business location in green lighting.

To this end, the present feile acoustics have their non-lighting business becomes split. According to the Shanghai United assets and equity exchange's listing information, feile acoustics have been held by Shanghai Pujiang smart card co., Ltd., 75% of the shares of publicly listed, if this stock transfer completes, the Shanghai yaming bulb factory co., Ltd. becomes a subsidiary company of its unique.

This reporter has learned that fly music sound headquarters have relocated to yaming bulb factory, company management, most of them come from yaming bulb factory's management team, the two companies will come together as one. Ye I told reporters, yaming bulb factory was founded in 1923 Hu Xiyuan of Pu ear bulb factory, China's own manufacture of first light bulb was born in yaming, in almost every household used "Asia" plate bulb, as the fly music sound the obligation also has the responsibility to develop the national brand in China, the national brand into a world-class brand.

Since the company's main business focus on green lighting industry already, why not change the company name? ye wish expressed that fly music sound is after the founding of new China, a stock whose name changes need to be careful.