HUAHUI GROUP

[{"id":1,"title":"SACA Plans to Increase RMB 982 Million in Consumer Electronics Field and Increase Investment in R&D to Consolidate the Market Position of Competitive Products","cat_id":"[\"14\"]","push_time":1604620800,"onclick":0,"sort":9,"status":1,"seotitle":"","keywords":"","description":"","create_time":1623369393,"update_time":1629970138,"tu":"\/Uploads\/keditor\/image\/20210708\/20210708203247_99051.jpg","info":"SACA (300464.SZ) continues to invest in the consumer electronics field.","top":0,"style_color":"","sort1":"0","top2":1,"tu2":"\/Uploads\/keditor\/image\/20210709\/20210709135916_43052.jpg","text":"SACA (300464.SZ) continues to invest in the consumer electronics field. On the evening of Nov 4th<\/sup>, SACA disclosed the private placement plan of issuing shares to no more than 35 specified people and raising funds of no more than RMB 982 million, which will be totally applied for video product R&D project, laser projector R&D project, upgrade of the digital product R&D center, laboratory construction project, IT system upgrade project and supplementing working funds after deducting issue fees.<\/span><\/p><br\/><\/span><\/p>The announcement shows that in this fundraising, the main body of project implementation except for supplementary working capital is ZEBAO Group.<\/span><\/p> <\/span><\/p>A reporter from the Changjiang Business Daily found that on December 31, 2018, SACA completed the merger and acquisition of ZEBAO Group, entering the consumer electronics field. In the first three quarters from 2018 to 2020, SACA achieved revenue of RMB 711 million, RMB 3.491 billion and RMB 3.466 billion respectively, and net profit of RMB 2.04 million, RMB 149 million and RMB 203 million, which increased rapidly.<\/span><\/p> <\/span><\/p>Further Broaden Consumer Electronics Field<\/strong><\/p>According to the Tianyancha app, SACA's main business consists of developing, manufacturing and selling precision metal connectors, as well as designing and developing consumer electronic products, brand promotion, and exploring online overseas business and offline avenues. After acquiring ZEBAO Group at the end of 2018, a two-wheel business pattern of "home life sector + consumer electronics sector" was formed.<\/span><\/p><br\/><\/span><\/p>In recent years, with the rapid development of Internet technology and logistics industry, increasing overseas market demand and strong policy support, the scale of China's cross-border export e-commerce transactions has grown rapidly. According to the 2019 China Cross-Border E-commerce Market Data Monitoring Report by E-commerce Research Center, the scale of China's cross-border e-commerce market reached RMB 10.5 trillion in 2019, an increase of 16.66% year on year, accounting for 33.29% of China's total import and export value of RMB 31.54 trillion, an increase of 3.79% year on year. Therefore, the company needs to invest more resources to adapt to the rapid development of the market.<\/span><\/p><br\/><\/span><\/p>According to the announcement, in this fundraising project, RMB 131 million will be invested in the video product R&D project, RMB 80 million will be invested in the laser projector R&D project, and RMB 405 million will be invested in the upgrade of the digital product R&D center and laboratory construction project. The information system upgrade project plans to invest RMB 75.23 million, and RMB 290 million will be used to supplement working capital.<\/span><\/p><br\/><\/span><\/p>SACA believes that this fundraising project is a project implemented on the basis of existing business and combined with future market development. Technology updates and product iterations are accelerating. In order to keep up with market technology development trends and consumer needs, the company needs to further strengthen the construction of the R&D system, expand the R&D team, strengthen the company's technical reserves, and ensure the company's products at the R&D level and market share are in a leading position in the industry.<\/span><\/p> <\/span><\/p>The Subsidiary Has Invested Nearly RMB 200 Million in R&D in the Past Three Years<\/strong><\/p>It's reported that ZEBAO Group, the implemented subject of the project, is a well-known export cross-border e-commerce enterprise, which sells quality products with its own brands to global consumers by means of big data mining and 'Internet + Marketing'.<\/span><\/p><br\/><\/span><\/p>Different from typical e-commerce, ZEBAO Group transitioned to develop products in 2016, and began investing a lot of resources in product research and development. In the past three years, the accumulated investment in research and development has exceeded RMB 196 million. By the end of September 2020, ZEBAO Group had 225 R&D staff. During the same period, ZEBAO Group had 42 utility model patents, 108 design patents and 2 invention patents in China; 4 utility model patents, 361 design patents, and 3 invention patents covering US, Germany, Japan, and other countries.<\/span><\/p><br\/><\/span><\/p>Currently, ZEBAO Group owns RavPower, TaoTronics, VAVA, Anjou, Sable, and HooToo; 6 brands encompassing several product categories like power management products, Bluetooth audio products, home appliances, smart devices & computer accessories, health, home textiles, intelligent hardware, beauty & personal care, and more.<\/span><\/p><br\/><\/span><\/p>In recent years, thanks to the rapid growth of the smart camera industry, sales of ZEBAO Group's video products are also growing rapidly. In 2019, the sales volume of the three video products developed by ZEBAO Group, namely dash camera, IP camera and baby monitor, reached 74,900 units with a sales revenue of RMB 49.9476 million. From January to September 2020, the sales volume of video products in the three categories has reached 130,500 units, and the sales revenue has reached RMB 127 million.<\/span><\/p><br\/><\/span><\/p>In addition, ZEBAO Group has run B2C business on Amazon for over ten years since 2008. At present, all products are self-owned brand products and some of the products are in the leading position in the Amazon online market share, such as LED desk lamp, Bluetooth headphones, power banks, dash cameras, etc. RAVPower, TaoTronics, VAVA and Sable are 4 of ZEBAO Group's brands that are among the top 100 Chinese cross-border export brands with stores on Amazon in 2019.<\/span><\/p><br\/><\/span><\/p>As SACA regards, the end users of ZEBAO Group are mainly middle-class consumers in the US, Europe and Japan, with relatively high levels of education and purchasing power, and a certain degree of brand recognition. On this basis, the new video products launched by ZEBAO Group can quickly win the recognition of the target market consumer groups, which is the further expansion and promotion of the company's existing business and will consolidate the company's industry position, continue to enhance the company's overall profitability and market competitiveness.<\/span><\/p>","tu3":"\/Uploads\/keditor\/image\/20210702\/20210702215453_76475.png","title2":"SACA Plans to Increase RMB 982 Million in Consumer Electronics Field and Increase Investment in R&D to Consolidate the Market Position of Competitive Products","zuozhe":"搜狐","source":"Souhu and Changjiangtimes website","tu2_2":"\/Uploads\/keditor\/image\/20210708\/20210708201119_27064.jpg","d":"06","yf":"2020.November"},{"id":33,"title":"TaoTronics Creates a High-Quality Smart Home Environment for Customers","cat_id":"[\"14\"]","push_time":1627610220,"onclick":0,"sort":1,"status":1,"seotitle":"","keywords":"","description":"","create_time":1629684392,"update_time":1629970266,"tu":"\/Uploads\/keditor\/image\/20210823\/20210823115518_21666.jpg","info":"TaoTronics, a brand of consumer electronics in ZEBAO Group, was founded in Shenzhen, 2011.","top":0,"style_color":"","sort1":"0","top2":0,"tu2":"\/Uploads\/keditor\/image\/20210823\/20210823115533_83539.jpg","text":"Ⅰ. Brand Introduction<\/span><\/strong><\/span><\/p>TaoTronics, a brand of consumer electronics in ZEBAO Group, was founded in Shenzhen, 2011. It mainly focuses on product development, design and sale of Bluetooth earphones, Bluetooth sound bars, LED lamps, mini home appliances, personal health care products, and more. Since its establishment, “Technology Enhances Life” has been the brand value, and TaoTronics has remained consistent in applying the newest technology to product development and innovation, in an effort to provide a superior-quality smart home environment for consumers.<\/span><\/p> <\/span><\/p>TaoTronics has successfully applied for brand registration in the Trademark Office of China National Intellectual Property Administration with Class 9 trademark registration number: 27902588; Class 11 trademark registration number: 27894571.<\/span><\/p><br\/><\/span><\/p>Continuous R&D Investment<\/span><\/strong><\/span><\/p>ZEBAO Group has always adhered to user-centered, innovation-driven, continuous investment in key technology research, product design and development, and R&D team building. From 2016 to 2020, ZEBAO has invested 200 million in RAVPower, VAVA, and TaoTronics, and in total has obtained 54 utility model patents, 744 appearance design patents, and 11 invention patents.<\/span><\/p><br\/><\/span><\/p>Continuous R&D Innovation<\/span><\/strong><\/span><\/p>In 2016, Shenzhen ZEBAO Innovation Technology Co., Ltd. established the TaoTronics R&D center in Shenzhen, focusing on the R&D and design of Bluetooth audio, LED lamps, environmental appliances, kitchen appliances and other products; as of the first half of 2020, the company invested 200 million into TaoTronics, VAVA, and RAVPower to aid in the development of new technologies, new products, and new projects. More than 30% of the company’s members are engaged in research and development related work. Our self-innovative products have obtained a total of 54 utility model patents, 744 design patents, and 11 invention patents. Among them, the TaoTronics brand has obtained 65 design patents.<\/span><\/p> <\/span><\/p>TaoTronics focuses on the user, in order to develop and design products from the perspective of user use, to meet user requirements, and facilitate the user’s life.<\/span><\/p><br\/><\/span><\/p>Serving More Than 17 Million Users<\/span><\/strong><\/span><\/p>Quality is at the heart of TaoTronics. By continuously improving product quality and service, TaoTronics has gained the affection and approval of over 17 million global consumers, and gradually increasing our brand influence in overseas markets. In 2016, TaoTronics LED lamps accounted for 40% of the Amazon market, ranking first in the market share. In 2020, the global shipment amount of TaoTronics Bluetooth headsets reached 0.8 billion.<\/span><\/p><br\/><\/span><\/p>Ⅱ. Brand Culture<\/span><\/strong><\/span><\/p>TaoTronics takes “Technology Enhances Life” as its brand concept, and continuously introduces new technologies such as “voice control” and “AI smart communication” to build a high-quality smart home environment for users. <\/span><\/p><br\/><\/span><\/p>Ⅲ. Subsidiary<\/span><\/strong><\/span><\/p>SUNVALLEYTEK INTERNATIONAL, INC is a wholly owned subsidiary of the listed company ZEBAO Group. It has successfully established RAVPower, the smart-charging brand; TaoTronics, the audio and small home appliance brand; Anjou, the cosmetic and personal health care brand; VAVA, the smart home brand; Boltune, the Bluetooth audio brand; and Sable, the home textiles brand.<\/span><\/p><br\/><\/span><\/p>Ⅳ. TaoTronics’ History<\/span><\/strong><\/span><\/p>2011: TaoTronics founded.<\/span><\/p>2014: Began selling on Amazon in 7 countries worldwide, including the USA, UK, Japan, Germany, and more.<\/span><\/p>2016: LED lamp market share exceeded 40% on Amazon US.<\/span><\/p>2017: Started offline distribution in Best Buy.<\/span><\/p>          Unveiled the TT-BA09 with Bluetooth adapter aptX.<\/span><\/p>2018:<\/span>Entered the well-known retail chain Walmart.<\/span><\/p>         Unveiled TT-BH22, hybrid ANC headphones.<\/span><\/p>         Launched TT-BH070, Bluetooth neckband headphones with aptX or aptX HD.<\/span><\/p>         Unveiled TT-SK020, 2.1 channel soundbar.<\/span><\/p>2019:<\/span>360 brand visual upgrade.<\/span><\/p>         Returned to the Chinese market, established official flagship stores for TaoTronics on Tmall and JD.com.<\/span><\/p>         Cooperated with Hungarian operator MediaMarket.<\/span><\/p>         Unveiled TT-BH041, wireless headphones with AI phone call noise cancellation technology.<\/span><\/p>         Launched TT-BH079, true wireless stereo earbuds with AI phone call noise cancellation technology.<\/span><\/p>         Unveiled TT-B046, wireless stereo headphones with hybrid ANC technology.<\/span><\/p>2020:<\/span>Utilized Elevoc Vocplus® AI noise reduction technology.<\/span><\/p>         Began offline distribution on e-mart, South Korea; Bemol, Brazil; and Musica, South Africa.<\/span><\/p>         Utilized Elevoc Vocplus® AI noise reduction technology to provide consumers high-quality headphones.<\/span><\/p>         Unveiled TT-BH080, TWS earbuds with AI smart voice control.<\/span><\/p>         Unveiled TT-BH090, wireless stereo headphones with hybrid ANC technology.<\/span><\/p>2021:<\/span>Unveiled TT-BH099, hybrid active noise cancelling TWS earbuds, up to 35dB noise reduction.<\/span><\/p>         TT-BH097 was invited to participate on a Japan MBS television program.<\/span><\/p><br\/><\/span><\/p>Ⅴ. Product Architecture<\/span><\/strong><\/span><\/p>TaoTronics brand covers the small home appliance market, with LED lamps, Bluetooth headphones, Bluetooth soundbar, personal health care products, and more.<\/span><\/p><img src=\"\/uploadfile\/2021\/0823\/20210823461601.jpg\" title=\"20210823461601.jpg\" alt=\"IMG_20210823_142828.jpg\"\/><br\/><\/span><\/strong><\/span><\/p><br\/><\/p>Ⅵ. Service<\/span><\/strong><\/span><\/p>TaoTronics promises a 7-day return and a 12-month warranty for users who purchase TaoTronics products. TaoTronics does not provide repair services, only product replacements.<\/span><\/p>","tu3":"","title2":"TaoTronics Creates a High-Quality Smart Home Environment for Customers","zuozhe":"","source":"ZEBAO Group","tu2_2":"\/Uploads\/keditor\/image\/20210823\/20210823115540_12021.jpg","d":"30","yf":"2021.July"},{"id":32,"title":"RAVPower: Devoted to Developing Superior-Quality Charging Equipment","cat_id":"[\"14\"]","push_time":1627609200,"onclick":0,"sort":1,"status":1,"seotitle":"","keywords":"","description":"","create_time":1629683109,"update_time":1629970247,"tu":"\/Uploads\/keditor\/image\/20210823\/20210823110100_80535.jpg","info":"RAVPower, the charging brand owned by ZEBAO Group, was founded in 2011 and has been devoted to developing superior-quality charging equipment. ","top":0,"style_color":"","sort1":"0","top2":0,"tu2":"\/Uploads\/keditor\/image\/20210823\/20210823110241_45997.jpg","text":"Ⅰ. Brand Introduction<\/strong><\/span><\/p>RAVPower, the charging brand owned by ZEBAO Group, was founded in 2011 and has been devoted to developing superior-quality charging equipment. The main products in RAVPower’s catalog are wall chargers, desktop chargers, car chargers, wireless chargers, power houses, MFi certified USB cables, USB Type-C cables,<\/span> <\/span><a style=\"font-size: 20px; font-family: "times new roman"; text-decoration: none;\">rechargeable camera batteries, and more<\/span><\/a>.<\/span> RAVPower has successfully applied for brand registration in the Trademark Office of China National Intellectual Property Administration, with the trademark registration number 12757377.<\/span><\/p><br\/><\/span><\/p>An Expert in the Charging Field<\/strong><\/span><\/p>ZEBAO Group established the RAVPower R&D Center in 2016, which has been focusing on the research and development and design of charging equipment. Its self-developed products, such as the 20000mAh mobile power supply (RP-PB172), 61W gallium nitride charger (RP-PC112), and other products, have obtained appearance design patent.<\/span><\/p><br\/><\/span><\/p>RAVPower is an authorized dealer by Apple. Every Apple USB cable produced by RAVPower has passed Apple’s MFi certification. All our cables are safe, reliable, and we guarantee no pop-up when charging your phone.<\/span><\/p><br\/><\/p>Continuous R&D Investment<\/strong><\/span><\/p>ZEBAO Group has always adhered to user-centered, innovation-driven, continuous investment in key technology research, product design and development, and R&D team building. From 2016 to 2020, ZEBAO has invested 200 million in RAVPower, VAVA, and TaoTronics, and in total has obtained 54 utility model patents, 744 appearance design patents, and 11 invention patents.<\/span><\/p><br\/><\/span><\/p>RAVPower’s iSmart technology intelligently detects the charging needs of connected devices and automatically delivers the output needed for complete efficiency. Multiprotact™, a safe protection system, offers 12 kinds of protections to make charging safer, such as overcurrent protection, overvoltage protection, and line-drop compensation protection.<\/span><\/p><br\/><\/p>In 2018, RAVPower spread the field of aerospace to the charging industry by utilizing gallium nitride components. In December, RAVPower launched the 45W GaN charger, a breakthrough in charging speed efficiency that both reduced the heat emitted and shrank the product size. In 2019, RAVPower successively released a compact 30W GaN charger, 61W GaN charger, and 65W GaN charger. In 2020, the 90W GaN charger was released, making RAVPower’s line of GaN chargers one of the most comprehensive, and RAVPower one of the earliest brands in terms of layout.<\/span><\/p><br\/><\/p>Best-Selling Worldwide, Serving More Than 20 Million Users<\/strong><\/span><\/p>In 2014, RAVPower started selling on Amazon and quickly grew to cover more than 60 countries and regions around the world, obtaining the affection of more than 20 million users. In 2016, RAVPower won the Premium Seller Enterprise – Japan. In 2018, RAVPower won the International Expansion Seller of the Year.<\/span><\/p><br\/><\/span><\/p>Ⅱ. Brand Value<\/strong><\/span><\/p>RAVPower is devoted to developing superior-quality charging equipment. The brand mission is: utilize smarter charging technology to enhance users’ charging efficiency.<\/span><\/p><br\/><\/span><\/p>Ⅲ. Subsidiary<\/strong><\/span><\/p>SUNVALLEYTEK INTERNATIONAL, INC is a wholly owned subsidiary of the listed company ZEBAO Group. Up to now, it has successfully established RAVPower, the smart-charging brand; TaoTronics, the audio and mini home appliances brand; Anjou, the cosmetic and personal health care brand; VAVA, the smart home brand; Boltune, the Bluetooth audio brand; and Sable, the home textiles brand.<\/span><\/p><br\/><\/span><\/p>Ⅳ. RAVPower History<\/strong><\/span><\/p>2011: RAVPower founded.<\/span><\/p>2014: Began selling on Amazon in 7 countries worldwide, including US, UK, Japan, Germany, and more.<\/span><\/p>2015: Opened Amazon in Canada, the sales revenue exceeded $50 million.<\/span><\/p>2016: Became the No.2 charging brand on Amazon US.<\/span><\/p>2017: Sponsorship with SoftBank baseball team and became available in 3,000 SoftBank physical stores nationwide.<\/span><\/p>          RAVPower and Pokémon collaborated to create a power bank.<\/span><\/p>          RAVPower and TaoTronics started offline distribution in Best Buy.<\/span><\/p>          Began selling in the Chinese market, and established official flagship stores of RAVPower on Tmall and JD.com.<\/span><\/p>2018: Became an official sponsor of the Fuji Rock Festival.<\/span><\/p>          Entered the worldwide, well-known chain retail enterprises Costco and Virgin to expand the offline markets in Australia and the Middle East.<\/span><\/p>2019: Cooperated with Japanese operator KDDI and sold in over 3,000 physical stores.<\/span><\/p>          Participated in the Middle East GITEX Electronics Exhibition, with a number of celebrities from the Middle East endorsing the brand.<\/span><\/p>          Cooperated with Saudi Telecom, the largest telecommunications operator in Saudi Arabia, to customize RAVPower & Stc co-branded gifts for its VIP customers.<\/span><\/p>          Sold in Costco China.<\/span><\/p><img src=\"\/uploadfile\/2021\/0823\/20210823226082.png\" title=\"20210823226082.png\" alt=\"20210730429791.png\"\/><\/span><\/p><br\/><\/span><\/p>Ⅴ. Product System<\/strong><\/span><\/p>Since the beginning, RAVPower has focused on the field of smart charging, constantly following market demand and user feedback to improve and optimize products, and applying new technologies to form new products. In 2018, RAVPower took the lead in the industry by unveiling the 45W GaN charger, which improves the charging efficiency while greatly lessening the size of the product, and in 2019 it successively released the 30W GaN charger and 61W GaN charger. In 2020, it launched a 65W dual-port GaN charger and a 90W dual-port GaN charger.<\/span><\/p><br\/><\/span><\/p>So far, RAVPower has realized the product layout of fast charging chargers, fast charging power banks and fast charging USB cables in the charging field.<\/span><\/p><img src=\"\/uploadfile\/2021\/0823\/20210823928381.jpg\" title=\"20210823928381.jpg\" alt=\"RP图片.jpg\"\/><\/p><br\/><\/p>Ⅵ. Brand Service<\/strong><\/span><\/p>RAVPower promises a 7-day return and a 12-month warranty for users who purchase RAVPower products. RAVPower does not provide repair services, only product replacements.<\/span><\/p><br\/><\/p>","tu3":"","title2":"RAVPower: Devoted to Developing Superior-Quality Charging Equipment","zuozhe":"","source":"ZEBAO Group","tu2_2":"\/Uploads\/keditor\/image\/20210823\/20210823110249_45304.jpg","d":"30","yf":"2021.July"},{"id":21,"title":"Spring Limited Edition: HUAHUI Floristry Course","cat_id":"[\"14\"]","push_time":1616405280,"onclick":0,"sort":1,"status":1,"seotitle":"","keywords":"","description":"","create_time":1625218578,"update_time":1694748017,"tu":"\/Uploads\/keditor\/image\/20210818\/20210818152516_56819.png","info":"Although modern life keeps us busy, you shouldn't forget to take the time to decorate your life with flowers.","top":0,"style_color":"","sort1":"0","top2":6,"tu2":"\/Uploads\/keditor\/image\/20210818\/20210818152713_30772.png","text":"Although modern life keeps us busy, you shouldn't forget to take the time to decorate your life with flowers. Seeing as flowers are an indispensable element in aesthetics, last Saturday our colleagues from the Changsha branch gathered together to conduct a floristry class<\/span>.<\/span><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0818\/20210818227767.png\" title=\"20210818227767.png\" alt=\"IMG_20210818_145603.png\"\/><\/p><br\/><\/p><\/span><\/p><a><\/a><a>The floral materials were prepared in advance for each participant.<\/span><\/a><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0818\/20210818841502.png\" title=\"20210818841502.png\" alt=\"IMG_20210818_151120.png\"\/><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0818\/20210818596628.png\" title=\"20210818596628.png\" alt=\"IMG_20210818_151155.png\"\/><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0818\/20210818455351.png\" title=\"20210818455351.png\" alt=\"IMG_20210818_151433.png\"\/><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0818\/20210818560244.png\" title=\"20210818560244.png\" alt=\"IMG_20210818_151953.png\"\/><\/p><br\/><\/p><\/span><\/p>The delicate flowers wonderfully showcased spring colors and freshness.<\/span><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0818\/20210818323963.png\" title=\"20210818323963.png\" alt=\"IMG_20210818_151609.png\"\/><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0818\/20210818300937.png\" title=\"20210818300937.png\" alt=\"IMG_20210818_152304.png\"\/><\/p><br\/><\/p><\/span><\/p><a><\/a><a>We hope that wherever life takes you, you're always surrounded by beautiful flowers. Please come and join us next time.<\/span><\/a><\/p>","tu3":"\/Uploads\/keditor\/image\/20210818\/20210818153027_11498.png","title2":"Spring Limited Edition: ZEBAO Floristry Course","zuozhe":"泽宝集团","source":"ZEBAO Group","tu2_2":"\/Uploads\/keditor\/image\/20210818\/20210818152857_98112.png","d":"22","yf":"2021.March"},{"id":20,"title":"HUAHUI Group's 2021 Management Trainee Recruitment Program Begins","cat_id":"[\"14\"]","push_time":1614849360,"onclick":0,"sort":1,"status":1,"seotitle":"","keywords":"","description":"","create_time":1625218051,"update_time":1694747979,"tu":"\/Uploads\/keditor\/image\/20210708\/20210708203427_12831.jpg","info":"HUAHUI Group's 2021 Management Trainee Recruitment Program Begins","top":0,"style_color":"","sort1":"2","top2":2,"tu2":"\/Uploads\/keditor\/image\/20210702\/20210702172714_75725.jpg","text":"<img src=\"\/uploadfile\/2021\/0714\/20210714270715.jpg\" title=\"20210714270715.jpg\" alt=\"1-小图.jpg\"\/><\/p><br\/><\/p><img src=\"\/uploadfile\/2021\/0714\/20210714504814.jpg\" title=\"20210714504814.jpg\" alt=\"2-小图.jpg\"\/><\/p><br\/><\/p>","tu3":"","title2":"ZEBAO Group's 2021 Management Trainee Recruitment Program Begins","zuozhe":"泽宝集团","source":"ZEBAO Group","tu2_2":"\/Uploads\/keditor\/image\/20210708\/20210708201330_53939.jpg","d":"04","yf":"2021.March"},{"id":12,"title":"SACA Plans to Issue 14.57 Million Stocks to Reward HUAHUI Group Employees, to Encourage Employees and the Company to Develop Together","cat_id":"[\"14\"]","push_time":1597991940,"onclick":0,"sort":1,"status":1,"seotitle":"","keywords":"","description":"","create_time":1623369393,"update_time":1694748226,"tu":"","info":"Recently, SACA Precision Manufacturing Co., Ltd. launched the incentive grantees list of the 2020 restricted stock incentive plan.","top":1,"style_color":"","sort1":"4","top2":4,"tu2":"","text":"Recently, SACA Precision Manufacturing Co., Ltd. launched the incentive grantees list of the 2020 restricted stock incentive plan. As the following list shows, SACA Precision Manufacturing Co., Ltd. will issue an accumulative total of 14.57 million stocks to the Vice General Manager, 5 core technical staff and another 45 employees of HUAHUI Group.<\/span><\/p><br\/><\/span><\/p><img src=\"\/uploadfile\/2021\/0826\/20210826570313.png\" title=\"20210826570313.png\" alt=\"image.png\"\/><\/span><\/p><br\/><\/span><\/p>According to the latest data on August 20, 2020, the stock price of SACA is RMB 23.51, and the total price may exceed RMB 340 million. For the current CSI Index, the market value of SACA is estimated to exceed RMB 8 billion.<\/span><\/p><br\/><\/p>In order to further establish and perfect the Company's long-term incentive and restraint mechanism, attract and keep the excellent talents of HUAHUI Group, an equity holding subsidiary of SACA, fully mobilize their enthusiasm and creativity, enhance the cohesion of the core team and core competitiveness of the Company, and effectively combine the interests of the shareholders, the Company and HUAHUI<\/span> Group to make all parties pay attention to the long-term development of the Company, and ensure the realization of the Company's development strategy and business objectives, Guangdong SACA Precision Manufacturing Co., Ltd. ('Company') established a 2020 SACA Restricted Stock Draft Incentive Plan ('the Stock Incentive Plan', the Incentive Plan') based on the premise of fully protecting shareholders' interests in accordance with the principle of equal benefits and contributions.<\/span><\/p><br\/><\/p>To ensure the successful implementation of the Incentive Plan, measures have been developed in accordance with the provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Equity Incentives of Listed Companies, and other relevant laws and administrative regulations, normative documents and the relevant regulations of Articles of Incorporation and combined with the actual situation of the Company.<\/span><\/p> <\/span><\/p>Article 1 Objective of Evaluation<\/span><\/strong><\/span><\/p>The purpose of formulating these measures is to strengthen the implementation of the Company's Incentive Plan, quantify the incentive goal set by the Company's Incentive Plan, promote the scientific, standardized and institutionalized assessment management of incentive grantees and ensure the realization of the performance index of the Company's Incentive Plan; at the same time, guide the incentive grantees to improve work performance, improve work ability, objectively and fairly evaluate the performance and contribution of employees and to provide an objective and comprehensive evaluation basis for the implementation of the Incentive Plan.<\/span><\/p> <\/span><\/p>Article 2 Principles of Evaluation<\/span><\/strong><\/span><\/p>(1)Adhere to the principles of fairness, impartiality and openness, and assess and evaluate the incentive grantees in strict accordance with the measures.<\/span><\/p><br\/><\/p>(2)The assessment indicators are combined with the Company's medium and long-term development strategy and annual business objectives. Combined with the working performance, working ability and working attitude of the incentive grantees.<\/span><\/p> <\/span><\/p>Article 3 Scope of Evaluation<\/span><\/strong><\/span><\/p>The measures are applicable to all the incentive grantees of the incentive plan, including the in-service senior executives of the Company, senior executives of HUAHUI<\/span> Group, in-service core executives, technical staff and business staff of HUAHUI<\/span> Group. The Company's independent director, supervisor, shareholder or actual controller that solely or aggregately holds 5% or more shares of the Company, and their spouse, parents, or children, and employees of foreign nationality shall not be incentive grantees. Among the above incentive grantees, the Company's senior management personnel must be elected by the Company's shareholders meeting or appointed by the Company's board of directors. All incentive grantees must sign labor contracts or employment contracts or retirement reemployment agreements with the Company or subsidiaries during the evaluation period of this incentive plan.<\/span><\/p> <\/span><\/p>Article 4 Organizations of Evaluation and Execution<\/span><\/strong><\/span><\/p>(1)The Remuneration & Assessment Committee of the Board of Directors ('the Remuneration & Assessment Committee') is responsible for leading and reviewing the evaluation of the incentive grantees.<\/span><\/p><br\/><\/p>(2)The Financial Department, Audit Department and Legal Department of the Company and HUAHUI<\/span> Group is responsible for specific evaluation. The Human Resources Department of the Company and HUAHUI<\/span> Group is responsible for reporting to the Remuneration & Assessment Committee.<\/span><\/p><br\/><\/p>(3)The Financial Department, Audit Department, Legal Department and the relevant departments of the Company and HUAHUI<\/span> Group are responsible for collecting and providing the evaluation data and ensuring its reality and reliability.<\/span><\/p><br\/><\/p>(4)The Board of Directors is responsible for reviewing the evaluation results.<\/span><\/p> <\/span><\/p>Article 5 Index and Criterion of Performance Evaluation<\/span><\/strong><\/span><\/p>Whether the equity shares granted to the incentive grantees belong will be determined jointly based on the assessment results of HUAHUI<\/span> Group and incentive grantees.<\/span><\/p><br\/><\/p>(1)Evaluation Requirements of Business Performance of HUAHUI<\/span> Group:<\/span><\/p><br\/><\/p>The Incentive Plan is for SACA to yearly evaluate the business performance index of HUAHUI<\/span> Group during 2020 to 2022 fiscal year and to achieve the performance evaluation goals as one of the conditions of the incentive grantees in the current year.The Incentive Plan's evaluation goal of the business performance and the vesting ratio are shown in the following table:<\/span><\/p><br\/><\/span><\/p><img src=\"\/uploadfile\/2021\/0826\/20210826868128.png\" title=\"20210826868128.png\" alt=\"image.png\"\/><\/span><\/p><br\/><\/span><\/p>During the vesting period, the Company will register the stock for incentive grantees that meet the vesting conditions. During the respective vesting period, if the business performance of HUAHUI<\/span> Group in the current period fails to meet the evaluation goal, the whole vested restricted stock of all incentive grantees will be cancelled and invalidated.<\/span><\/p><br\/><\/p>(2) Evaluation Requirements of the Personal Performance of Incentive Grantees:<\/span><\/p><br\/><\/p>The evaluation of personal performance of incentive grantees is operated in accordance with the relevant regulations of the Company's internal performance evaluation. The personal evaluation results of the incentive grantees are classified as A, B, C and D. The corresponding vesting conditions are as follows:<\/span><\/p><br\/><\/span><\/p><span style=\"font-family: 微软雅黑, sans-serif; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(0, 0, 0);\"><img src=\"\/uploadfile\/2021\/0826\/20210826890575.png\" title=\"20210826890575.png\" alt=\"image.png\"\/><\/span><\/p><span style=\"font-family: 微软雅黑, sans-serif; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(0, 0, 0);\"><br\/><\/span><\/p>On the premise that the completion degree (A) of HUAHUI<\/span> Group evaluation goal reaches 80% (including), the actual number of restricted stock that the incentive grantees vested in the current year = the number of individuals planned to vest in the current year × the vesting proportion of company level × the coefficient of individual level vesting.<\/span><\/p> <\/span><\/p>If the restricted stock planned to be vested by the incentive grantees in the current plan cannot be vested due to evaluation reasons, it shall become invalid and shall not be deferred to the next year.<\/span><\/p> <\/span><\/p>Article 6 Evaluation Procedure<\/span><\/strong><\/span><\/p>The Company and its holding subsidiary HUAHUI<\/span> Group's Remuneration & Assessment Committee, Financial Department, Audit Department and Legal Department are responsible for specific evaluation, keeping the evaluation results and forming the performance evaluation report on this basis and submitting it to the Remuneration & Assessment Committee. The Board of Directors is responsible for reviewing the evaluation results.<\/span><\/p> <\/span><\/p>Article 7 Evaluation Period and Frequency<\/span><\/strong><\/span><\/p>(1)Evaluation Period<\/span><\/p><br\/><\/p>The previous fiscal year before the restricted stock vesting of the incentive grantees in each period.<\/span><\/p><br\/><\/p>(2)Evaluation Frequency<\/span><\/p><br\/><\/p>The evaluation years of the incentive plan refer to 3 fiscal years from 2020 to 2022. The evaluation will operate annually.<\/span><\/p> <\/span><\/p>Article 8 Evaluation Results Management<\/span><\/strong><\/span><\/p>(1)Feedback and Application of Evaluation<\/span><\/p><br\/><\/p>①The incentive grantees have the right to know their evaluation results, and the Remuneration & Assessment Committee shall inform the incentive grantees of the evaluation result within 5 working days after completing evaluation.<\/span><\/p><br\/><\/p>②If the incentive grantee has any objection to the evaluation result, he or she may appeal to the Remuneration & Assessment Committee within 5 working days after receiving the notice of the evaluation result. The Remuneration Committee may review the evaluation result according to the actual situation and revise it according to the review result.<\/span><\/p><br\/><\/span><\/p>③The assessment results serve as the basis for the ownership of restricted stocks.<\/span><\/p> <\/span><\/p>(2)File Evaluation Records<\/span><\/p><br\/><\/p>①After completing evaluation, the Human Resources Department of the Company and HUAHUI<\/span> Group shall keep all the evaluation record files of the performance evaluation. The evaluation results shall be filed as confidential materials.<\/span><\/p><br\/><\/p>②To ensure effectiveness, it is not permitted to alter the evaluation records. If you want to revise or re-record, it must be signed by the appraisal recorder.<\/span><\/p><br\/><\/p>③The evaluation results shall be filed as confidential materials and destroyed by the Human Resources Department of the Company and HUAHUI<\/span> Group 3 years after the end of the incentive plan.<\/span><\/p> <\/span><\/p>Article 9 Supplementary Provisions<\/span><\/strong><\/span><\/p>(1)The measures shall be formulated, interpreted and revised by the Board of Directors.<\/span><\/p><br\/><\/p>(2)If the relevant provisions of these measures are in conflict with the relevant national laws, administrative regulations, normative documents and the Stock Incentive Plan, the provisions of the relevant national laws, administrative regulations, normative documents and the Stock Incentive Plan shall be implemented. If there is no explicit provision in these measures, it shall be implemented in accordance with relevant national laws, administrative regulations, normative documents and this Stock Incentive Plan.<\/span><\/p><br\/><\/p>(3)The measures shall be implemented from the date of deliberation and approval by the shareholders' meeting and after the Stock Incentive Plan becomes effective.<\/span><\/p>","tu3":"","title2":"SACA Plans to Issue 14.57 Million Stocks to Reward HUAHUI Group Employees, to Encourage Employees and the Company to Develop Together","zuozhe":"雨果跨境","source":" http:\/\/www.cninfo.com.cn","tu2_2":"","d":"21","yf":"2020.August"},{"id":17,"title":"SACA Precision Manufacturing Co., Ltd to Acquire 100% Equity Interests of HUAHUI Group for RMB 1.53 billion ","cat_id":"[\"14\"]","push_time":1531824660,"onclick":0,"sort":1,"status":1,"seotitle":"","keywords":"","description":"","create_time":1625211462,"update_time":1694747862,"tu":"\/Uploads\/keditor\/image\/20210708\/20210708203325_21682.jpg","info":"SACA Precision Manufacturing Co., Ltd (“SACA”, “Company”) this evening announced that it would acquire 100% equity interest from HUAHUI Group (“HUAHUI”).","top":0,"style_color":"","sort1":"4","top2":3,"tu2":"","text":"SACA Precision Manufacturing Co., Ltd (“SACA”, “Company”) this evening announced that it would acquire 100% equity interest from HUAHUI<\/span> Group (“HUAHUI<\/span>”). By consensus of all parties, the price of 100% equity of HUAHUI<\/span> in this transaction is determined to be RMB 1,530 million, of which RMB 890.5235 million will be paid by issuing shares and RMB 639.4765 million will be paid by cash.<\/span><\/p><br\/><\/span><\/p>The issue price of the shares to purchase the assets is RMB 8 per share, and a total of 111,315,433 shares are issued. Meanwhile, the company plans to issue shares to no more than 5 qualified specific grantees to raise supporting funds, which are mainly used to pay for the cash consideration of the transaction, related fees of the transaction and the project construction of HUAHUI<\/span> R&D Center., and the total amount of supporting funds is no more than RMB 767.8165 million.<\/span><\/p>According to the announcement, HUAHUI<\/span> is a well-known cross-border export e-commerce enterprise in Shenzhen. Its main income comes from overseas product sales, and it has years of digital marketing experience. Through data mining technology, it finds target customer groups and realizes the point-to-point delivery of products from the manufacturers through to end users.<\/span><\/p><br\/><\/span><\/p>The company stated that the acquisition of HUAHUI<\/span> is an important step in the implementation of the company’s international and diversified development strategy and the implementation of the company’s industrial layout. After the completion of the reorganization, HUAHUI<\/span> will become a wholly owned subsidiary of SACA. The listed company will integrate and optimize the supply chain, which will not only give full play to the technical advantages of its own manufacturing end, but also make use of the professional experience of HUAHUI<\/span> in e-commerce marketing. It will be driven by ‘Precision Manufacturing + Cross-Border E-commerce’, opening up a new sales structure for products and improving overall profitability.<\/span><\/p>","tu3":"","title2":"SACA Precision Manufacturing Co., Ltd to Acquire 100% Equity Interests of HUAHUI Group for RMB 1.53 billion ","zuozhe":"泽宝集团","source":"China Securities Journal and China Securities Website","tu2_2":"\/Uploads\/keditor\/image\/20210708\/20210708201209_78001.jpg","d":"17","yf":"2018.July"}]

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