On the evening of July 20th, Guangri shares (10.65, -0.04, -0.37%) issued the announcement of "Guangzhou SASAC's approval of Guangzhou Guangri Co., Ltd. to implement the employee incentive plan", which means that Guangri shares employees The incentive plan is in the implementation phase.
Since the implementation of employee incentive plan approved taking the first step in the reform of state-owned enterprises <br> <br>-eighth plenary meeting, the state-owned construction of a modern enterprise system, construction and other long-term incentives to deepen the SOE reform has been a hot, no doubt, The core problem of state-owned enterprise reform is marketization. State-owned enterprises also need to enter a fully competitive market environment. The incentive of enterprise core teams is the necessary way to enhance competitiveness, which is beneficial to improve the efficiency of state-owned assets management and reduce agency costs. The approval of the employee incentive plan of Guangri Co., Ltd. also means that the employee incentive plan of the company has entered the implementation stage. As a result, Guangri has taken the first step in the reform of state-owned enterprises in Guangzhou.
The use of innovative forms of incentives core team share earnings performance <br> <br> It Guangri shares June 17 announcement, its employee incentive plan to be taken with a long-term incentive fund incentive effect of the planned period of five years (2014 ~ 2018). Each year, up to 10% of the year-on-year increase of the net profit after deducting the non-tax can be extracted as the incentive fund. The incentive object is funded by the individual after the after-tax bonus and not less than 25% of the after-tax bonus, and is used for the subscription to the company. The stock is a wealth management product of the main investment category, and the lock-up period is 3 years.
According to industry insiders, Guangri has adopted a reward and a personal contribution to purchase financial products with the company's stock as its main investment product, and the innovative employee incentive form of three years has helped to promote the establishment of management personnel. And the long-term mechanism of key employees' shareholdings may become the benchmark for the incentive plan for employees of state-owned enterprises in Guangzhou. The incentive plan of the incentive plan covers the company's management personnel and key employees at all levels, so that the personal interests of the company's management personnel and key employees are double-bound with the company's performance and the company's stock market value, enhancing the medium- and long-term incentive effect and encouraging the company's sustainable development. Consistent with the interests of shareholders, it is of great significance to the future development of the company.
In addition, the plan also helps to improve the corporate governance structure of the company, which not only ensures the fairness and openness of the company, but also reflects the attitude of the listed company to the shareholders, meets the relevant requirements of the governance of listed companies, and at the same time realizes the preservation of state-owned assets. A new way of adding value.
LED steady business development <br> <br> in the evening of July 18, Guangri shares issued "green energy Liupanshui downtown renovation project (lighting and landscaping works) investment and construction contract supplementary agreement" announcement. Its wholly-owned subsidiary, Guangri Electric, signed a contract for the Liupanshui project with the Liupanshui City Administration Bureau as a consortium authorized contractor. From the content of the supplementary agreement, it will help speed up the project acceptance and company return, and reduce the company's funds. Cost and financial costs.
The key points of this supplementary agreement are: 1. Amend or refine the part of the project acceptance and settlement terms, showing that all relevant parties have actively negotiated and reached an agreement according to the acceptance progress; 2. The agreement is completed in the completion of this supplementary agreement. Within the next 14 working days, the Liupanshui Municipal Government issued a repurchase commitment letter, which is intended to strengthen the repurchase and transfer execution of the project; 3. After the government completes the repurchase, the original contract is made under the condition that the 5% financing cost is unchanged. It is agreed to pay the repurchase payment in eight years and adjust it to pay the repurchase payment in five years, which is beneficial to speed up the company's payment, reduce the company's capital cost and financial expenses, and reduce the risk.
According to the announcement of Guangri Co., the main project of the project has been basically completed, and it is currently in the process of completion acceptance. As of the announcement date, according to the acceptance results of the project, the sales revenue confirmed by the project company was 273,295,500 yuan, and some projects are still being accepted.
Guangri shares are concentrating on the principle of “process-related, technology-related, market-related†diversification. In 2014, the orders for LED products continued to grow, and other projects that have been signed were in progress, and the LED business developed steadily. In addition, the company uses the automotive wiring harness system as a leading product to open up the industrialization channel of LED automotive lamp products extended by LED lighting technology. Will make a greater contribution to the company's profit growth.
Since the implementation of employee incentive plan approved taking the first step in the reform of state-owned enterprises <br> <br>-eighth plenary meeting, the state-owned construction of a modern enterprise system, construction and other long-term incentives to deepen the SOE reform has been a hot, no doubt, The core problem of state-owned enterprise reform is marketization. State-owned enterprises also need to enter a fully competitive market environment. The incentive of enterprise core teams is the necessary way to enhance competitiveness, which is beneficial to improve the efficiency of state-owned assets management and reduce agency costs. The approval of the employee incentive plan of Guangri Co., Ltd. also means that the employee incentive plan of the company has entered the implementation stage. As a result, Guangri has taken the first step in the reform of state-owned enterprises in Guangzhou.
The use of innovative forms of incentives core team share earnings performance <br> <br> It Guangri shares June 17 announcement, its employee incentive plan to be taken with a long-term incentive fund incentive effect of the planned period of five years (2014 ~ 2018). Each year, up to 10% of the year-on-year increase of the net profit after deducting the non-tax can be extracted as the incentive fund. The incentive object is funded by the individual after the after-tax bonus and not less than 25% of the after-tax bonus, and is used for the subscription to the company. The stock is a wealth management product of the main investment category, and the lock-up period is 3 years.
According to industry insiders, Guangri has adopted a reward and a personal contribution to purchase financial products with the company's stock as its main investment product, and the innovative employee incentive form of three years has helped to promote the establishment of management personnel. And the long-term mechanism of key employees' shareholdings may become the benchmark for the incentive plan for employees of state-owned enterprises in Guangzhou. The incentive plan of the incentive plan covers the company's management personnel and key employees at all levels, so that the personal interests of the company's management personnel and key employees are double-bound with the company's performance and the company's stock market value, enhancing the medium- and long-term incentive effect and encouraging the company's sustainable development. Consistent with the interests of shareholders, it is of great significance to the future development of the company.
In addition, the plan also helps to improve the corporate governance structure of the company, which not only ensures the fairness and openness of the company, but also reflects the attitude of the listed company to the shareholders, meets the relevant requirements of the governance of listed companies, and at the same time realizes the preservation of state-owned assets. A new way of adding value.
LED steady business development <br> <br> in the evening of July 18, Guangri shares issued "green energy Liupanshui downtown renovation project (lighting and landscaping works) investment and construction contract supplementary agreement" announcement. Its wholly-owned subsidiary, Guangri Electric, signed a contract for the Liupanshui project with the Liupanshui City Administration Bureau as a consortium authorized contractor. From the content of the supplementary agreement, it will help speed up the project acceptance and company return, and reduce the company's funds. Cost and financial costs.
The key points of this supplementary agreement are: 1. Amend or refine the part of the project acceptance and settlement terms, showing that all relevant parties have actively negotiated and reached an agreement according to the acceptance progress; 2. The agreement is completed in the completion of this supplementary agreement. Within the next 14 working days, the Liupanshui Municipal Government issued a repurchase commitment letter, which is intended to strengthen the repurchase and transfer execution of the project; 3. After the government completes the repurchase, the original contract is made under the condition that the 5% financing cost is unchanged. It is agreed to pay the repurchase payment in eight years and adjust it to pay the repurchase payment in five years, which is beneficial to speed up the company's payment, reduce the company's capital cost and financial expenses, and reduce the risk.
According to the announcement of Guangri Co., the main project of the project has been basically completed, and it is currently in the process of completion acceptance. As of the announcement date, according to the acceptance results of the project, the sales revenue confirmed by the project company was 273,295,500 yuan, and some projects are still being accepted.
Guangri shares are concentrating on the principle of “process-related, technology-related, market-related†diversification. In 2014, the orders for LED products continued to grow, and other projects that have been signed were in progress, and the LED business developed steadily. In addition, the company uses the automotive wiring harness system as a leading product to open up the industrialization channel of LED automotive lamp products extended by LED lighting technology. Will make a greater contribution to the company's profit growth.
Features of Nomex Braided Sleeving
long-term working temperature: -40 ° C -360 ° C
This Braided Expandable Sleeving is lightweight, flexible and non-flammable, it will perform without deterioration in the most diverse and demanding environments.
Nomex braided sleeving is oil and water repellent and also offers excellent resistance to gamma and x-rays.
Nomex is designed for the protection of wires and cable bundles against flame, high temperatures and mechanical abrasion. It is used on a variety of applications in the military, railway, marine, aeronautical and electrical equipment industries.
1: 3 expansion ratio
• Thin Wall
• Lightweight
• Self-extinguishing
• Excellent abrasion protection
With a tensile strength of 90,000 psi and can withstand temperatures up to 700°F, the Nomex Braided Sleeving is known for its high flame resistance. Because of the smooth and soft material, Nomex is used to make fire resistant protective gear for individuals that work in extreme heat conditions.
Nomex Braided Sleeving
Nomex Cable Sleeve,Armid Nomex Wire Braided Sleeve ,High Temperature Wire Sleeve,Heat Braided Sleeve For Wire
Shenzhen Huiyunhai Tech.Co.,Ltd , https://www.hyhbraidedsleeve.com