In recent years, the domestic LED industry has grown at a rate of 30 per year, which has created its uniqueness. But the rapid growth of the LED industry requires a direction to determine the future direction of the company. Among them, IPO listing will be a good choice. First, the listing of companies has multiple benefits for the company itself, such as reducing excessive reliance on banks. A company can get a lot of long-term funds to reduce financial risks. Listing can quickly generate huge amounts of money, expand the scale of operations, and equity financing allows companies to reduce the pressure on regular repayment of principal and interest, companies can well avoid the financial risks associated with business ups and downs, improve transaction credit, and enhance follow-up financing. ability. In addition, if the issuance of stocks can reduce the asset-liability ratio and facilitate the acquisition of commercial bank loans, when the market value of the company exceeds the book value of its net assets, the lender may issue more credit to the company, which can be allotted, issued, or issued. Corporate bonds. After the listing, the company got capital from the capital market, and the asset-liability ratio was greatly reduced. The dependence on bank loans is reduced and the bank's credit rating will increase. Second, the behavior of IPOs can quickly expand markets and channels. Through overseas listings, companies can quickly grow into an international company, attracting the attention of international capital, which also helps Chinese companies to go abroad. Moreover, the listing of enterprises can form a huge advertising effect, enhance reputation and establish a brand. The company's listing can use the media to expand its popularity and establish a brand image at a lower cost. Then, after the company goes public, it must introduce scientific company management in accordance with regulations, and establish a standardized management system and financial system, which will promote the company's management level. The listing of enterprises indicates the growth of enterprises. Through its unique multiplier effect, listed companies are rapidly expanding, promoting the qualitative change of the market and the industrial chain. Finally, corporate sponsors can enjoy the huge capital reserve formed by the public share premium. The promoter's shares are converted according to the evaluation value of the invested assets, and the price of publicly issuing shares to the public is determined according to the price-earnings ratio prescribed by the CSRC. Once the stocks are listed and circulated, the market price will often exceed the original stock issue price. So that shareholders get huge capital profits. Through the large lighting platform of the mainstream lighting service platform of China's lighting industry, ZhanTeng Investment Group has in-depth understanding of the development of many LED lighting companies, and has a deep understanding of the Australian capital market, tailoring overseas listed service solutions for domestic LED companies.
A Top Sub, or Crossover Sub as it is sometimes called, is used to attach the motor to the drill-string.
The crossover Sub typically has a standard API box connection that connects to the drill-string and a proprietary pin connection that connects to the motor.
Top subs may also be designed with a float bore for those applications that may require Float Valve.
Optionally, a dump valve sub can be used in place of the top sub.
The dump valve sub has the same function as a top sub, but instead contains an internal bypass valve that enables the fluid in the drill-string to drain out when the string is pulled out of the hole.
Top Sub
Top Sub,Top Section,Aluminum Connector Top Section,Aluminum Top Section
ROTATE DRILLING MOTOR CO., LTD , http://www.rotatemotor.com