On November 20, 2015, Qinshang Optoelectronics (002638) reviewed and approved the “Proposal on Extension of LED Lighting R&D and Design Center Project†at the 17th meeting of the 3rd Board of Directors and the 11th meeting of the 3rd Board of Supervisors. It was agreed to extend the construction completion time of the company's “LED Lighting R&D Design Center Project†to November 30, 2016.
The details of the LED lighting R&D and design center project are as follows:
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Since the project has to undergo administrative approval, plan approval and relevant review reports before the project is completed, the design plan and drawings require multiple adjustments and revisions during the construction process, and the approval procedures and review cycle of the relevant procedures are long. The influence of various objective factors has led to the prolongation of the previous work flow, which has affected the construction progress.
At present, the project design has been basically completed, and the registration certificate for the capital construction investment project of Guangdong Province, the approval opinion on the environmental impact report form of the construction project, the construction project planning (construction) plan review opinion, the construction land planning permit, and Guangdong have been obtained. Relevant documents such as the review opinions on the construction drawing design documents of the civil air defense project in Dongguan, the project geotechnical engineering survey report, the construction drawing design document review certificate, and the filing certificate.
The extension of this project involves only changes in the investment progress of the project, and does not involve changes in implementation methods and total investment, etc., which will not result in changes in the use of project funds, and there will be no changes in the project and damage to the interests of shareholders.
At the same time, the extension of the LED lighting R&D and design center project may have certain potential impact on the company's short-term market development. Therefore, the company is actively deploying existing resources, making necessary adjustments to the market plan according to the actual development of the market, and stepping up the promotion. The project is being built.
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