#xiaxin electronics

The wealth newspaper will come in 2007, lost in the Xiaxin Electronics (600057) that has perplexed all the time Try for oneself once again " Blood transfusion " . Recently, the announcement of Xiaxin Electronics claims, the first temporary shareholders' general meetings reviewed and passed " building of scientific research in Shanghai of Xiaxin " in 2008 when the company held on March 14 Outside the trade matters, show that sells " Xiamen Xiaxin project plastic Co., Ltd. " before this The proposals of 70% of the stock rights have been passed too, but the stock right of this company at present is still during the course of listing and selling publicly. Xiaxin Electronics announcement claim until business performance glide, the circulating capital of the company is comparatively nervous, through selling the building assets of the scientific research in Shanghai, should pay the tax about 20 million yuans to deduct, the company can obtain cash about 80 million yuans, obtain the non-profit making profit about 38 million yuans. Xiamen Xiaxin project plastic Co., Ltd. belongs to its part that is making profits of Xiaxin, by October 31, 2007, the total assets of this company are 93,580,000 yuan, net profit is 12,750,000 yuan. As to the transfer arbitrage of two assets, Xiaxin says frankly department's business performance glides, the circulating capital of the company is tense " The helpless act " . The scheme reputable analyst Yang Qun in the Warring States of advisory organization of the mobile phone trade tells reporters, Xiaxin has launched multiple business such as the panel TV, notebook computer in order to strengthen the ability to resist risk over several years, realize and manage in pluralism progressively. But Xiaxin's electronic mobile phone business is still the core business at present, accounts for about 70%, other business account for 30% about only, and mostly in losing state. "Loss appears in even mobile phone business, it is a very normal thing that the fund chain is pressing. "

It is still here that the master core of Xiaxin Electronics researches and develops the group at present, the Xiaxin cell-phone is being still sold too, its future thrust is a 3G mobile.

The court decides as, is established more than the creditor's rights of 49 creditors such as the Limited Company of the Yardie.

Silicon Laboratories was announced a few days ago, key vendor's Xiaxin Electronics of the GSM/GPRS cell-phone of China's Mainland has already used their Aero I + GSM/GPRS transceivers for the varied mobile phone, including products such as CA8, DF9, F6, F8 and F90,etc.. Utilize high-order integration degree of Aero I + transceiver, Xiaxin Electronics can bring the mobile phone with exquisite model to consumers. Digital tuning controlling circuit (DCXO) of Aero I + built-in qrartz oscillator of transceiver ,Can save the part materials for mobile phone manufacturers. The looks is relatively solution to the rival, + Aero I reduce required part by a wide margin, make the intersection of circuit board and the intersection of area and definite GSM/GPRS cell-phone no matter simpler in design and manufacture. ' Xiaxin Electronics is a multiple functional GSM/GPRS cell-phone leader with fashionable appearance. ' the reputable Vice President Xie Hongquan of Xiaxin Electronics shows, ' the volume of Silicon Laboratories Aero I + transceiver is very small, but offer integration degree which leads the market, this can promote the mobile phone characteristic and narrow the area of the circuit board, let us offer a lot of advantages to the customer relaxedly. ' ' very glad to wait for mobile phone for Xiaxin Electronics Silicon Laboratories manufacturer offer easy to use and high integration, transceiver that test actually. ' Silicon Laboratories executive vice president Ed Healy shows, ' we will continue offering the most competitive transceiver, and then strengthen the leading position of we on the market of radio frequency. ' Aero transceiver product series include products such as Aero I/Aero I +, Aero II and Aero EDGE,etc.. All radio frequency and voltage-controlled shaking device (VCO) of intermediate frequency that built-in many kinds of high sensitivity parts of Aero transceiver, include , the loop electric-wave filter, coupling capacity of pluse and tuned circuit of the voltage controlled oscillator; Aero I +, numerical control tuned circuit of the built-in qrartz oscillator of Aero II and Aero EDGE radio transceiver, make it not need VC-TCXO module, so long as utilize canonial 13/26 MHz quartz crystal to offer the transceiver reference clock of the radio frequency. Aero transceiver adopts the interface of programming common base band, the compatible GSM base band chip interface of all mainstreams of industry at present. Thus make mobile phone designer may the base band chip on the basis of the choice with flexible need is gone on and designed during design. Aero transceiver totally accords with GPRS Class 12 specification requirement, so can offer the traffic carrying capacity of the high speed data for in the users under the high-speed mobile environmenting.

Recently, following waveguide, TCL, another giant Xiaxin Electronics of the home-made cellphone released 2004 annual reports. The yearbook reveals, its 2004's net profit relatively glided 97.31% in 2003; And stock price its drop to less than 4ing present from more than 17 yuans of will it be the beginning 2004 too. The difficult predicament that the home-made cellphone manufacturer faces is thus clear. The Xiaxin Electronics realized the income from sales of 5,055 million yuan together in 2004, reduced by 25.86% compared with the same period of last year; The total profit is only 15,854,300 yuan, glide 97.31% compared with the same period of last year, among them the income from sales of the mobile phone products drops by 33% in the same period compared with that of last year, the decreasing amplitude of the same period compared with that of last year of a horizontal tablet of the gross profit is up to 60%. As to the achievement until than jumbo the reason to glide, the Xiaxin Electronics is come down to " the high profit era of the mobile phone has already in the yearbook passed by " . According to its newspaper of wealth, the business of the Xiaxin cell-phone accounted for 79.85% of all income from sales of its in 2004, but its volume of gross profit has dropped to 844 million yuan at the end of last year from the 2,065 million yuan drama in 2003, decreasing amplitude exceeds 60%. In the same period, the income from sales of the Xiaxin cell-phone dropped from 5,585 million yuan in 2003 to 3,734 million yuan at last the end of the year too. According to the gross profit volume in its 2004 and income from sales, can calculate the gross margin percentage of the Xiaxin cell-phone was about 22.6%, compared with the situation that the business of the Xiaxin cell-phone was up to 37% gross margin percentage in 2003, have already dropped a lot. The reporter still knows, the high investment which the Xiaxin Electronics developed to the 3G mobile, has aggravated the annual management of report to bear. As to the thing that the achievement of last year display, the news department king of Xiaxin Electronics managed completely and represented while giving an interview: "The company is fairly satisfied with this achievement, we have not suffered the loss seriously at least. And our situation has already begun to take a favorable turn since last fourth quarter, will reflect this point in company's 2005 quarterly report more obviously. " It is reported, most mobile phone manufacturers adopted the advances on sales and offered " supported value in the whole journey " last year Method. Under foreign impact of brand, technology of home-made cellphone lag behind and quality pass the large-area erupted last year such as scheduling problem, the product cost glides by a wide margin, because of " support value in the whole journey " The policy, the manufacturer should return a distributor the difference of making a reduction fully, this is the basic reason that manufacturer's cash flow of home-made cellphone such as Xiaxin reduced sharply of last year. Guide the advisor's statistical findings according to having a match, the market of Chinese mobile phone of 2005 estimates demand only increased by 4% compared with 2004, the surplus problem of the mobile phone productivity will be quite serious in 2005. World is expected too to exchange the view, 20% of the home-made cellphone enterprises will be eliminated this year, and mainly those do not have the dominant enterprises enough on technology, brand, channel.

First quarter data display that GFK offer, throw except that mountain fastness machine, in 600 following market of Mobile, Nokia, Motorola, Samsung and market share of asking for four major brands of love are up to 82%, though section of this price has gathered more than one hundred models, the total share of the first 10 models is 74%. The fierce market competition is promoting the transition of the key management tactics of the home-made cellphone.

Since Lu ZhenYu serves as the Xiaxin Electronics (600057 SH) Begin on the president's first day, worry about very much on the question that not for the fund. If Xiaxin electronic big shareholder have any commitment, " make up deficits past master " Lu ZhenYu dare either Xiaxin Electronics this pool once " The muddy water " . The Xiaxin Electronics lost 802 million yuan in 2007 after all, and take " ST " The cap, even bank debit and credit are a problem What Lu ZhenYu really worried about is how should the way during the following three years of Xiaxin Electronics left, and the Xiaxin Electronics has this physique that walks in the following three years, could walk the healthier. Seem, can understand why Lu shake space implement " the cost accounting " in the whole company once appearing on the stage today ,This measure has established the Xiaxin Electronics too " The health " Foundation. "As far back as April, Lu ZhenYu says to me, the fund problem has already been solved. " Ni GuangNan, academician of Chinese Academy of Sciences, once revealed to " the first finance and economics daily report ", he has reached Xiaxin electronic general headquarters of Xiamen in April, Lu shake space, represent at that time, oneself worry of maximum the patent fee of the mobile phone. Because the overseas market expansion of the Xiaxin cell-phone has been pretty good during these years, the sales volume is very considerable, but if will pay the patent fee, basically there is not any profit in the export. The only bright spot of the wealth newspaper is that an overseas business proportion is further aggravated in 2007 in the Xiaxin Electronics. Xiaxin Electronics China gains 2,147 million yuan in 2007, reduce by 50.95% compared with the same period of last year, gain 1,266 million yuan overseas, increase by 23.59% compared with the same period of last year. The wealth newspaper reveals at the same time, Xiaxin electronic GSM/GPRS 2.5G and 3G WCDMA/GPRS bimodulus mobile phone has already succeeded in exporting to Italy, overseas markets such as Britain, U.S.A., Singapore, Bangladesh, France, Jordan, Mexico,etc.. The Xiaxin Electronics shows, one of the focal points of work of the company will be in 2008: Strengthen the overseas market to sell, insist that " does some things and leaves some things undone " Principle,focus key customer. For this reason, the overall arrangement to some extent still specially in 2007 of Xiaxin Electronics. Xiaxin Electronics provide funds of to set up Shenzhen to prize and unite Science Technologies Co., Ltd. (call in the following text at 1 million yuan last year " Shenzhen prizes and unites " ),The registered capital is 10 million yuan that Shenzhen prizes, Xiaxin accounts for 10% of the proportion of investment. It is reported, Shenzhen prizes and negotiates and handles the patent business in acting's patent mainly, manage, offer patent work and intellectual property right development and protection,etc. consultant service and managing, business that the technology, patent develop,etc. of the intellectual property right in the pool of patent. But seem the intersection of Xiaxin Electronics and this trick could it relieves the intersection of Xiaxin cell-phone and overseas patent to be issue unable to find out even really today. In fact, the mobile phone patent has already become " inhibition " that the home-made cellphone has exported the overseas developed country . Because like this, a lot of home-made cellphones are being dispatched troops to abroad, but only TCL communication, Shenzhen Sang Fei, in can have mobile phone products lasted developed countried for,etc. the severalth home-made cellphone producer Xinghe China, because TCL communication merge the business of the Alcatel cell-phones, Sang Fei in Shenzhen merge Philip's mobile phone businesses, and then whether it is it associated patent to obtain pass,and in for because inputs technological all the year round in Xinghe China, in order to cross patents have wound this barrier. "In the mobile phone trade, the international manufacturer including Nokia has disposed a large number of 2G cell-phone patents in America and Europe, move towards one of the main obstacles of the American-European market as the Chinese manufacturer. " Relevant person in charge of news report says resurgence in this way. One the intersection of home-made cellphone and high level point out mobile phone barrier of patent let large partial home-made cellphone to export the area, limit to some extent abroad definitely, can only export to very rigorous areas of patent protection such as Southeast Asia, Africa, Middle East and Russia,etc. and country. Xiaxin's electronic wealth newspaper reveals, 26 applications for patent in 2007 of Xiaxin Electronics, 3 inventions among them, 14 patents of obtaining the arthorization, obtained 10 items of copyright of software. This achievement can not be exported overseas for the Xiaxin cell-phone " Escort " . "Quite a partial monopoly is overdue patent and rubbish patent that the in fact international cell-phone giant has, the home-made cellphone producer does not need to pay the patent fee for these patents at all. " Ni GuangNan represents, in fact lacks the Chinese mobile phone producer of the patent and don't fear " patent barrier " of the developed country ,Most producers have not really faced and analyzed because of fearing. Ni GuangNan points out, in fact, producer can well joint the home-made cellphone together in patent protection, have in this respect empirical producers can contribute this kind of experience out through a certain way, let all home-made cellphone producers share together, avoid following the same old catastrophic road of patent DVD. The problem is who comes to take the lead, who comes to the organization. The responsible department of the goverment should stand out at this moment, this concerns a major issue of whole Chinese mobile phone industry after all. It is believed that Lu ZhenYu looks forward to the this day too.

*ST Xiaxin (600057.SH,call in the following text "Xiaxin Electronics " )Fund relieving. On June 14, the Xiaxin Electronics releases the announcement and claims, because the company is still in placing the investigation on file, in order to relieve company's fund question, the Xiaxin Electronics is to company holding shareholder's Electronics Co., Ltd. of Xiaxin (call " Xiaxin " in the following text separately )And factural controller China Electronics Information Property Group Co. (CEC) Borrow 100 million yuan and 400 million yuan. Xiaxin holds 43.09% share of Xiaxin Electronics, it is the holding shareholder of Xiaxin Electronics. And CEC holds 51% of the shares of Xiaxin, so, CEC is the factural controller of Xiaxin Electronics. The announcement reveals, the Xiaxin Electronics is to 100 million yuan of Xiaxin's borrowed money, the time limit of borrowed money is one year, and avoid paying the interest; And to 400 million yuan of factural controller's borrowed money, the time limit of borrowed money is one year, the interest is paid according to the Bench Mark of the bank, company holding shareholder's Xiaxin provides the guarantee of this sum of borrowed money for CEC. As give-and-take conditions, the Xiaxin Electronics is with the company apparatus, " Amoi Xiaxin " Trademark right, Xiamen Xiaxin mobile communication Co., Ltd. which the company holds (call in the following text " Xiaxin moves " )75% of the stock rights, Xiamen Xiaxin project plastic Co., Ltd. which the company holds (call in the following text " Xiaxin plastic " )70% of the stock rights, offer counter guarantee for the fact that 7.7 hundred million finance that CEC offers is supported. Among them, hypothecate and appraise 115 million yuan in brand of Amoi Xiaxin, the machinery equipment is appraised 160 million yuan, Xiaxin moves 75% of the stock right book and plastic 70% of the stock right book of Xiaxin worth 150 million yuan worth 30 million yuan, total the book value of about 4.55 hundred million yuan. Besides to big shareholder's borrowed money, the board of directors of Xiaxin Electronics also determines, handle the house properties of the regional branch company of the company, the gross area is 7878.534 square meters. However, the above-mentioned trade must also get the approval of the shareholders' general meetings of Xiaxin Electronics that will hold soon on June 30. "Though it can be relieved that Xiaxin's electronic fund is tired, may be still very difficult that the business is expanded. " The high level of a home-made cellphone of China points out, because of the reason of price rise, the sales volume of the market of Chinese mobile phone has already dropped by a wide margin at present, and the overseas market is not very optimistic either, Xiaxin might store patent in tired while being electronic to export while being overseas.