Qinshang Optoelectronics subscribes for 10 million shares of Xiamen International Bank

Dongguan Qinshang Optoelectronics Co., Ltd. (hereinafter referred to as Qinshang Optoelectronics Co., Ltd.) announced today that it has reviewed and approved the “Proposal on Investment in Xiamen International Bank Co., Ltd.” and the “Proposal on Providing Guarantees for Holding Subsidiary Loans”. The company plans to subscribe for 10 million shares of Xiamen International Bank Co., Ltd. (hereinafter referred to as Xiamen International Bank) at a price of RMB 7.5/share. And for the holding subsidiary Beijing Caiyida Technology Development Co., Ltd. (hereinafter referred to as Caiyida) to provide a one-year bank loan to China Minsheng Bank Beijing Asian Games Village Sub-branch to provide a maximum limit of 30 million yuan of joint liability guarantee, the guarantee period is One year. According to the announcement, the company's board of directors agreed that the company will use its own funds to subscribe for 10 million shares of Xiamen International Bank at a price of RMB 7.5/share. The announcement stated that the board of directors of the company agreed to provide joint liability guarantee for the bank loan of Beijing Caiyida Technology Development Co., Ltd., a controlled subsidiary of the company. The board of directors believes that: 1. The guarantor is the controlling subsidiary of the company. The company holds 51 shares. The company's operating and financial status has strong monitoring and management capabilities, and the full amount of the guarantee is available. control. 2. The quality of Caiyida's assets is relatively high. The market prospects of major products are good and show rapid growth. The solvency is strong and the creditworthiness is good. There is no obvious indication that the company may assume the guarantee responsibility due to the default of Caiyida debt. 3. This guarantee will not adversely affect the normal operation and business development of the company and Caiyida, and will not damage the legitimate rights and interests of all shareholders, especially small and medium shareholders. Therefore, the company agreed to provide a joint liability guarantee of up to 30 million yuan for the loan of the company, the guarantee period is one year. It is understood that Caiyida is a subsidiary of Qinshang Optoelectronics Co., Ltd. and currently holds 51 shares. The main business scope is: manufacturing large screens. Technology promotion services; commissioning, maintenance, leasing of electronic products; construction general contracting; professional contracting; labor subcontracting; sales of large screens, lighting appliances, computers, software and auxiliary equipment, electronic products, stationery, office machinery.

Medical Oxygen Generator

Medical Oxygen Generator are normally installed in hospitals and clinics, especially for remote areas where cylinder oxygen is difficult to buy.

Medical oxygen generator has similar structure with Industrial Oxygen Generator, just at the end pipelines, there are bacteria remover and odd smell remover. Oxygen generator uses Air Compressor to get raw material, the compressed air. The compressed air is treated by air treatment part, which has oil remover, filters and dryer. After treatment, clean air goes to oxygen separator. In this part, the oxygen in the air is separated and collected from top of machine, then goes into a buffer tank to make flow rate stable. At the end of buffer tank, there is flow rate meter and analyzer,etc to adjust flow rate and test oxygen purity.

Details process is as below:

Psa Oxygen Generator Process Flow


Medical Oxygen Generator Specification:

Flow rate: 1-200 Nm3/hr

Purity: 90-95%

Outlet pressure: 5-10 bars

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