DGAP-News: AIXTRON SE / Key word(s): Alliance/Strategic Company
Decision
Minsheng Financial Leasing and AIXTRON SE Form Strategic Alliance in
China
09.02.2012 / 07:39
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Minsheng Financial Leasing and AIXTRON SE Form Strategic Alliance in China
/ Memorandum of Understanding Signed to Cooperate Exclusively on Joint
Marketing of Leasing Options for MOCVD Equipment in China
Beijing, China/Aachen, Germany. February 9, 2012 - Minsheng Financial
Leasing Co., Ltd. (MSFL), China's main non-banking financial institution,
and AIXTRON SE (FSE: AIXA; NASDAQ: AIXG), a leading supplier of deposition
equipment to the semiconductor industry, today announced a strategic
alliance for joint marketing of leasing options in China.
The new agreement defines the strategic cooperation between the two parties
to promote the distribution of AIXTRON's proven MOCVD equipment to
customers across China with the aid of MSFL's financial services. Mr. Feng
Wang, (CPO, President of Finance Leases SBU MSFL) and Wolfgang Breme (CFO
AIXTRON) signed the Memorandum of Understanding at a ceremony held today at
MSFL's headquarters in Beijing.
'This exciting strategic cooperation will enable LED manufacturers to draw
upon the most appropriate financing opportunities for the acquisition of
key-enabling MOCVD equipment,' commented Ms. Rong Wang, CFO of MSFL. 'Due
to temporary restrictions in China in the availability of financing, this
news is expected to be received very positively.' LED technology plays an
important role in the global aspiration to conserve energy and thus has
been defined as one of the key industries (energy
conservation/environmental protection, new materials) in China's 12th
5-year plan aiming to ensure long-term prosperity.
'The leasing of MOCVD equipment in China is a relatively new concept, and
we are confident that this initiative will be widely appreciated by LED
manufacturers,' added Wolfgang Breme. 'This cooperation, with one of Asia's
largest and fastest growing leasing companies, is significant for us
because it enhances our customers' financial flexibility.'
'AIXTRON's role and commitment to China is to deliver the essential
key-enabling technology, that the emerging LED lighting market needs,
taking full advantage of AIXTRON's technology and embedded expertise,' Paul
Hyland, President and Chief Executive Officer at AIXTRON, commented. 'Our
joint goal with Minsheng is to facilitate the most appropriate financial
instruments to support Chinese manufacturers as they strive to become
global players in this exciting new market.'
China's LED market showed extensive annual growth of 45% in 20101 and is
expected to grow in output value from CNY 120 billion in 2010 to CNY 500
billion during the course of the 12th 5-year plan, representing total
growth of 317%2. These significant projections reflect the fact, that in
2011, China was the biggest single regional buyer of MOCVD equipment,
accounting for 58% of all global shipments3 within that period.
AIXTRON's current MOCVD product portfolio, including the CRIUS(R) II-XL
(Close Coupled Showerhead(R)) and the AIX G5 HT (Planetary Reactor(R))
systems, is ideally suited for today's customers' market needs and
anticipated future market requirements.
1-3 Internal Market Research Analysis, GBRA / MBL, China, November 2011
About Minsheng Financial Leasing
Minsheng Financial Leasing was established in April 2008 and is one of the
first five leasing companies approved by the China Banking Regulatory
Commission (CBRC) in China. MSFL is co-sponsored by China Minsheng Banking
Corporation Ltd. (81.25%) and Tianjin Port Free Trade Zone Investment Co.,
Ltd. (18.75%) with total registered capital of CNY 3.2 billion. In 2009,
MSFL's total financial leasing business amounted to CNY 18.5 billion and
comprised assets amounting to CNY 23.6 billion. As of the end of December
2009, MSFL became the leader in its respective market sectors in China's
leasing industry. The company provides professional and quality financial
leasing products and services to domestic and foreign large and SME
enterprises.
About AIXTRON
AIXTRON technology solutions are used by a diverse range of customers
worldwide to build advanced components for electronic and opto-electronic
applications based on compound, silicon or organic semiconductor materials
and carbon nanostructures including graphene. Devices manufactured with
AIXTRON's MOCVD equipment are used in display, signal and lighting
technologies, fiber communication networks, wireless and cell phone
applications, optical and electronic data storage, computer technology as
well as a wide range of other high-tech applications.
For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6; NASDAQ:
AIXG, ISIN US0096061041) please visit our website at: www.aixtron.com.
Contact:
Minsheng Financial Leasing Co., Ltd.
Mr. Qin, Yayi
Senior Manager Finance Leases
407, Building No. 8, Beijing Friendship Hotel
No. 1 Zhongguancun Street, Haidian District
Beijing, 100873 China
Phone: +86-10-6894 00 66-9821
Contact:
AIXTRON SE
Dr. Bastian Marheineke
Vice President Sales
Kaiserstrasse 98
52134 Herzogenrath
Germany
Phone: +49-241-8909-143
Forward-Looking Statements
This document may contain forward-looking statements regarding the
business, results of operations, financial condition and earnings outlook
of AIXTRON within the meaning of the safe harbor provisions of the US
Private Securities Litigation Reform Act of 1995. These statements may be
identified by words such as 'may', 'will', 'expect', 'anticipate',
'contemplate', 'intend', 'plan', 'believe', 'continue' and 'estimate' and
variations of such words or similar expressions. These forward-looking
statements are based on our current views and assumptions and are subject
to risks and uncertainties. You should not place undue reliance on these
forward-looking statements. Actual results and trends may differ materially
from those reflected in our forward-looking statements. This could result
from a variety of factors, such as actual customer orders received by
AIXTRON, the level of demand for deposition technology in the market, the
timing of final acceptance of products by customers, the condition of
financial markets and access to financing for AIXTRON, general conditions
in the market for deposition plants and macroeconomic conditions,
cancellations, rescheduling or delays in product shipments, production
capacity constraints, extended sales and qualification cycles, difficulties
in the production process, the general development in the semi-conductor
industry, increased competition, fluctuations in exchange rates,
availability of public funding, fluctuations and/or changes in interest
rates, delays in developing and marketing new products, a deterioration of
the general economic situation and any other factors discussed in any
reports or other announcements filed by AIXTRON with the U.S. Securities
and Exchange Commission. Any forward-looking statements contained in this
document are based on current expectations and projections of the executive
board and on information currently available to it and are made as at the
date hereof. AIXTRON undertakes no obligation to revise or update any
forward-looking statements as a result of new information, future events or
otherwise, unless expressly required to do so by law.
Contact:
Investor Relations and Corporate Communications
AIXTRON SE, Kaiserstr. 98, 52134 Herzogenrath, Germany
Phone: +49 241 8909 444, Fax: +49 241 8909 445, invest@aixtron.com
www.aixtron.com
End of Corporate News
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Language: English
Company: AIXTRON SE
Kaiserstr. 98
52134 Herzogenrath
Germany
Phone: +49 (241) 8909-444
Fax: +49 (241) 8909-445
E-mail: invest@aixtron.com
Internet: www.aixtron.com
ISIN: DE000A0WMPJ6, US0096061041
WKN: A0WMPJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart;
Terminbörse EUREX
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155966 09.02.2012
DGAP-News: Minsheng Financial Leasing and AIXTRON SE Form Strategic Alliance in China
| Source: EQS Group AG