Was affected by GTAT bankruptcy? Lin Yang Electronics denied the report

On October 15th, there were media reports that the US sapphire manufacturer GTAT filed for bankruptcy protection, which caused economic losses to many domestic sapphire manufacturers who purchased their production equipment, including Lin Yang Electronics (601222). However, Lin Yang Electronics directly clarified the relationship, saying that "the company does not involve sapphire production, and there is no related equipment."

According to the relevant personnel of Linyang Electronic Securities Department, “the sapphire products are subsidiaries of the controlling shareholder and are not related to the listed company. As for whether the subsidiary of the controlling shareholder purchased the sapphire production equipment from GTAT, it is not within the scope of the company’s disclosure. The specific situation is not very well understood."

The controlling shareholder of Linyang Electronics is Hua Hong Electronics Co., Ltd., and its controlling Jiangsu Huale Optoelectronics Co., Ltd. is mainly engaged in the research and development of LED sapphire crystal growth and sapphire products. According to the public information, Huale Optoelectronics does not have much overlap except for renting Linyang Electronics Factory.

Lin Yang Electronics is mainly engaged in precision online measuring instruments, precision measuring instruments and photovoltaic products, etc. The relevant personnel of the company's securities department also stressed that "the company's main business is still electrical meters, and is not associated with sapphire."

Electric Kettle

 

Electric Kettle are made by food grand stainless steel and Polypropylene. It helps you to have a 1.8L bottle of boiled water in 5 minutes. Type 201 Stainless stell is the main material for the electric kettle housing. sometimes called a tea kettle or teakettle, is a type of pot, typically metal, specialized for boiling water, with a lid, spout, and handle, or a small kitchen appliance of similar shape that functions in a self-contained manner. Kettles can be heated either by placing on a stove, or by their own internal electric heating element in the appliance versions.

 

Features:

360-degree swivel base: Great way with cordless pouring; kettle lifts off base for cord. Separate base to move kettle conveniently, 360°rotation design.The cord can be wrap neatly into the base bottom for easy storage. The concealed stainless steel heating element brings fresh hot water with no metal Taste.

Soft Handle for easy using: Comfortable stay-cool handle; brushed stainless steel finish. Cool-touch buttons and ergonomic stay-cool handle.

Large Capacity for Multiple Cups: 1.8 L large capacity, with Max. water level inside the kettle. almost 1.5x the size of most tea makers. Brew up to 6oz at once! Perfect for small gatherings & parties!

Fully Stainless Steel Faster Boils: Stainless Steel Interior cover with no plastic taste. Boils water rapidly, save more time and energy. Faster than the microwave & safer than your traditional stovetop teapot.

On/off switch with LED light.: Automatic On/Off switch makes life easier. No need standing by for hot water. It shuts down when reaches a full rolling boil. Boil-dry and overheat protection to ensure the safety use.

Time Saver & Higher Safety: 1500 watts energy efficient for quick heat-up time brings water to a boil, Fast boil, auto shut off and boil dry protection technology with three-prong plug.

Brushed stainless steel housing

 

Applications

Making hot water for tea brewing.

Making Coffee.

Cool milk-tea.

Steaming eggs.

Any occation if you need hot water in short time.

Any color of plastic is available to produce but in big quantity. Its

Electric Kettle

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