*******
******** *** ********** ** **** *** is ***** ******** , * ******* **** **** **** Macau. ** ** ******* ** *******: only * ***** ********** (*-*%) ** its ***** *** **** ************, *** latest *** ****** ******.
Ownership / ******* ********** *****
******** *** * ******* ********* *********, IPO ********* ******. ***** **'* * private *******, **** ** ********'* *** seven ************ *** ********** *****-********** ** have * ***** *****-***** *********:
******* ********* ********* *********** **** **% ** ******** *** ** thus *** ******* *** *********** ***********. In ****, **% ** ********* ********* is ********** ***** ** *** *****-***** Assets *********** *** ************** ********** (*****) of ***** ********, * ******** *****-***** company.
********'* ****** *** ****** ******* ************,********* ********** ******* ******* (**** **.**% *********)****** ** (*.**% *********) *** **** *****-***** ********** entities ********** *** ********* ********** ******’* Government.
********'* *******-******* ***********, ****** **, ** also ********** ** *****-***** *** **** 4.6% ** ********. *** **** ** ******** ** ***** by * ******* ** ******* *********: VCs, *** **********, ***** ********** ********, etc.
***********, **** ***** ***** **% ** RaySharp's ****** *** ********** ***** ** the ******* **********. **************, **** ** almost ******* *** **** ********** ** Hikvision **** ******* ** *** ******* **********. ******** *** ********* **** **** * state ****** ** ******,***** , *** ********* *** ***** ****** that **** ***** **% ** ********* and (*** ********* *********) ***** **% of ********.
*******, *** ********* ***** *** "****** controller" ** ******** ** * ******* PRC ******* ***** ** *** (徐进), who ** ********'* ******** *** ***** representative. ********'* *** ****** ****** ****, directly *** **********, ** *** *********** controls ***** **% ** ********'* ******. This ** ****** ******* *** *********** 55% ***** ** ********* *********, ** which ** ** *** ********* ********. Xu *** **** ******** **** ***** 5.4% ** ********'* ******.
RaySharp **********: *** *******, ******* ******
**** ******* *** *****$140 ******* ; profit of about $8.7 *******
**** ******* *** *****$136 ******* ; profit about $11 *******
**** ******* *** *****$80 ******* ; profit about $5 *******
**** ******* *** *****$62 ******* ; profit of about $3 *******
**** ******* *** *****$47 ******* ; profit of about$1.5 *******
** *** ** ****, ******* ****** increased **** ****-**** ***** ******* ********, leading ** * ***** ****** ******. RaySharp's ****** *******, ** **** ***** 6% **** ****, *** **** ***** than ****** *************, ***** *** * **% ******, ******** (***** **%). ********** ********* ********'* *** ******* ** * ******* (*** '****** ***' section ***** ** **** ****.)
******** ********* **** ***** **** ** based ** **** ***** ***** ** RaySharp's ****** *** *********** (***** ** in ***** ** **,*** ***):
****-**** **** *** ***** ** ********'********* *** ***********:
RaySharp **** *******
***** ******* ** ** *** ********'* largest ******. ** ****, ** **** up **** **% ** ********'* *****, or **** $*** *******, ********* ** its ****** *** ******:
*** **** ** ********'* ***** *** almost ******* ***** ******* **** *** Europe, **** ***** **% ****. ********'* domestic ***** *** **** ***, ******** around *-*% **** *** **** *** years.
RaySharp **** *********: ***** *********
********'* *** ********* ** **** ****:
*** ******* *** *** *********** ** the ******** ***** *****, ** **,*** RMB **********:
*** *** ***** ****** ***** **** share ** ********'* ***** ****** **** company's ****** *********. **** ***** ***** is ** *** ********'* **** ********* customer, ************ ****** **% ** ***** alone.
RaySharp ******* ********
********'* ******* **** ** ****** ******* ** ***-***** *******/**** , ** **** ***** ****** *******/****, ******* ** **** , * ******* ******* *** *** surveillance **** ** *** *** ******. They ***** **** ********* ********* ****** and ****, ****** *** **** ** the ******* **** ** ***** ****. Additionally, **** ***** ********* *** **** " **** ******** " ** **** ******, ****** **** is * ******** ********.
RaySharp *** *********
** ****, ********'* *** *** ********* were ***** **, * ********** ** Swann ** **** **** ****** ****, and ****** *********, *****'* ******* *** producer. ***** *** ********* **** ** almost **% ** ********'* ***** ********* purchases, ** ***** $** *******, **** each ****** ***** ** ***** *****.
** *****, ******** ***** *** * top *********, *** ** ****. *** other ***** ********* **** ******* *** electronics *************. ***** **** ********* **** up ***** **% ** ********'* ***** purchases.
RaySharp *****: *** *** *******
******** ****** **** ***** **% ** its ******* ***** **** ******* ******* and ********* ********* ** ***** ************ distributors *** **-***** *** ******** *** sell *** ***** ***** ** ****** like ******, ***’* ****, **** ***, Fry's ***********, **** *****, ****'*, *** Harbor ******* ***** - ** *** end **** *** ****** ********** ***** to ***** ****** ** ******** ****** kits. *** **** ** ********'* ***** go ******** ** *********** **********.
Night *** ***** *******
******** ** ******** ** ** ***** dispute **** * ******* ***** *****,***** *********** , **** * ******** ******** ******** *** ******** , * **** *****, ** ***********, it ****** ** *** ****** *** filing.
******** ****** **** ***** **** **** in ******* **** ** ******** ***** over * ******** **** ******** ** Night ***-******* *******. *****, * ******** Night *** *****, **** *** ****** to ***** ***'* ********* **** ** China *** ******* ******** *** ******** its *********. ******** ****** ****; *** case ** *******.
***** *** ******** ********'* ******* ** events. ** ********, ***** ******** * ******* ** *** ****** ******** ** ******* against ***** **** *** ********, ***** caused *********** ******, ******* ** ***** authorized ***** ** **** *** *** 'Night ***' ********* ** *****. **** case ** ******* ** ****, *** RaySharp ** *** * ***** ** it.
Failed ****
******** *** ********* ******* ***** ** list ** *** ******** ***** ********'******** *****. ******* *** ****** *********/******* ************ than ********'* **** ***** ********, ** it ** ***** ** ******* *******, hi-growth **** *********.
*******, ******** *** ****** *****, ***** in **** **** ********** *** ***********, **** **** **** **** RaySharp's *** *********** *** ******** ** regulators, ************** *********** ******:
*** ********** *** ***** ****** ** 2017 ** ************* ****** **** **** in ****, [***] *** ********* [***********] and *** ********* ** *** ************, and *** ******* ********* ******* ** basically *** ****
****** *** ********* ******, *** ******'* sales ** ***** ********* **** ** Hanwha ******* ********** *************
********** ********-********* ********* ** *** **** industry **** ****** ***** ****** *******
[***** ** *] ***** ********** ******* overseas ***** ******* *** ******* **** during *** ********* ******
**'* ***** ****** ****, **********,******** *** ***** $*** *** *** reporting *,*** ******* ** *** ******* ** 2015.
Chinese ***** *********** ***** ********
***** *** **********'* *********,*** ******** ** * ******* ******************* ****** ********* ***** ********'* ***** ********, attributing **** ***** ****** ** **** to ******* *********.
*** ******** ******** *** **** **** and **** ***** *** ********'* ******** and ***** *** ******** *** ******* prices **** ***** ***** *********. *** articles ********* **** ******** **** **** strategy ** ***** *** ******* ** it ***** **** **** *** *** IPO. ***, **********, **** **** ** one ** *** ***** ***** ****** margins ** *** ********, ******* ********* from **********.
** *** *** ******* ******** *** claimed *** ******* ******** *** *** to ********* ********** *****, *** *** articles ****** **** *** *** **** to ** *** **** ******* ********'* management ***** **** ******* *** ** the ****** ** *** ********.
New ***: ***** **** *****?
*** *****, ******** ** ********** ** IPO, ****** *** * ***** **** ** June ** . *** ********** **** *** ********* yet. ** *** **** ******* ** any *****, ** **** **** **** months, ******** **** * ****, ** know ******* **** ******* ** **********. Last ****, ******** ***** *** ** IPO ** **** **** *** *** formally ******** ** ********* ****.
Cybersecurity ******
** ******** ****, ******** *********** ***** that ** ** **,*** ******** **** had * ******** *************: "* ****-*****, unchangeable ******** *** *** *******-********** **** in ***** ******** -- *** **** account", ******* ******** ** *** ****. (**** ********* *** incident **** .)
*** ************* *** ** ***** *** ***** * "**" - *** ***** ******** score - ****-**** , **** ** *** ** **********'* cybersecurity ********.
Hanwha ********: ** **** *** ******** *** ******** ****
**** ******* *** ** ****** ******* about ***** *** ** ******** *** products, ****** ***** *** ************* ***** - **** *** ***** ******** *********:
****** ******* ******** ******** ** ** OEM ******** *** *** ***/*** ******** products ****. ***** ** ********* ******** OEM ******** ** *** ******, ****** Techwin ******** ******** ******** ************ ********** to ****** *** **** ** ********* security ********* **** ******** ******** ** customer ********. **** ******** ************ ******* a ******** ********* *** ************* ****** using ****** ****** *****.
**** **** ******* ***** **********, ***** the ****** **** ***** **** ********, some **** ***** *******. ********* ********, vulnerabilities *** **** ****** *** ******** - *** ************ ** ***** ************ ************* *************** and ********.
*********
******** *** ****** ************ ******* ** the **** ** ****** *** ********* Hikvision *** ***** **** ******** **** and **** ** ***** ******* ********.
************, ***** *** ** ******* ***** restrictions ** ********, ****** ******* ******* ********** *** ** *********/***** *********.
***** *** **** *********** ** ***** ****** ********* ** *** **** **************** ***** ** ******** . **** ******** *** *** ***** RaySharp ******** ********, ** **** *********** China ****** ********, *** ******'* **** any, ********* * ******** *********** ****** ******** ** **** ************ ** *****.
*****
** *** ***********, ******** ****** **** significant ***** ** *** ******** ******* the **-***** ***** ***, *** **** concentration ** *** *** * ******* (who *********** ****** ***** ******** ** total ******* ** ****), *** ********* profit *******.
** ********, ******** ********'* *** **** not ******* ****, *** *******'* ***** use ** ****** ********* ********* *** expose ** ** ***** *********** ********* on *** *** ** ********** ********** key ******** ** *** **** ***. As *****, ********* ** ********'* ****** largest ********. (*** ****, ********* ********* ******* ******** **** ** Millions ** ******* *** ******* ****** ******** *** ***** ***** ******** Delay ** ********* / ***** ******* Blacklist ).
False **** ******
** ********,******** ****** * ******* "**** *************" *** *** "video ********" **** ** ****** **** German ********* ********** ********* . ** **** *** ********,** ******* *** ** **** ********* *** *** **** ****** ****** **** such ******* ** *** ****** *********.
******** ******* ** *** *** "***** one ** ***** *****" ** ******* the ************* *** *** ************ ********, which *** ** **** *** ** not ************ ******** ***** **** *****'* major ************ ************* *** ** *******/******** China. ***** ********** **** ****** ********* *** *********'* '*************' before ********.
** ** ****, ******* **** ************ are ****** ** ***** ************ *** other *******, **** ********* ***** **** TUV ********* ************ ** *********' ***** of *** **** ***********.
Comments (9)
Undisclosed #1
is it possible that the erstwhile FLIR/Dahua SMB line was actually RaySharp?
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Undisclosed #1
raysharp corporate office employs some...
...shady characters.
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Charles Rollet
UPDATE: Raysharp has announced its intention to "establish a subsidiary in Thailand for the production and sales of security video surveillance products", planning to invest "no more than 20 million RMB" (about $2.81 million). The plan "still needs to be submitted to the shareholders meeting for consideration".
Additionally, Raysharp has disclosed its half-year 2019 results, showing a 1.08% decrease in revenue year-on-year to around $60 million, with profits at $5.9 million (a 16% increase). Swann now makes up 44% percent of Raysharp's revenue, compared to 38% for 2018.
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John Jiang
China should do the same thing to all the companies related to US goverment
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