DD Support Board and Research Team

[samsamsamiam]

AJGH/Zhang Minglie/lost in translation






Still working on a better translation - but it appears in this translation about AJGH and two other over the counter Taiwan companies were losing money for years and recently came up with this plan for those DMS devices.
And it looks like the company that shipped those 4000 DMS units was Zhang Minglie's company Wanshih Electronic.
It doesn't say where they were shipped though. and no mention of Coca Cola Japan either.
Note that those numbers in article represent the companies involved - one translated poorly. 
Wanshih Electronic Co Ltd (6134.TWO)
Wonderful Hi-Tech Co Ltd (6190.TWO)
Minglie is chairman of both those companies

Minglie Zhang
Mr. Zhang Minglie has been serving as Chairman of the Board and General Manager in WanShih Electronic Co., Ltd. since September 18, 2012. He also serves as Chairman of the Board in other companies including Bright Master Co., Ltd., as well as Director in Asahi Best Basesnd.Bhd.


Zhang, Minglie 
Mr. Zhang Minglie has been Chairman of the Board in Wonderful Hi-Tech Co., Ltd. He also serves as Chairman of the Board in 13 other companies including Wonderful (Vietnam) Wire & Cable Co.,Ltd. and Bright Master Co.,LTD, as well as Director in six other companies.


http://www.wontex.com/ch/news_detail.php?nid=51
BING translation - need a better translation:
Old connector Wan Taike(?) (6190) and wanshih (6134) group transformation opportunity appears!
The Group yesterday (21) and Asia-Pacific Telecommunications and United States AJ Greentech companies to sign "safety management system" of the strategic cooperation agreement, to enter the Internet market.
The future, Wan Taike wanshih beyond the production-side will also step into multinational marketing, image makeover of the group. Wan Taike and wanshih relationship business, both fellow Zhang Minglie, Chairman, Wan Taike wanshih 22.7% equity. Operating performance, wanshih ultra-thin coaxial considerable profits in the past, in 2007 and 2009 EPS was 5.13 and 6.87 Yuan, can be said to be the most glorious moments.
But in recent years the Mainland labor costs soared, aggressively advancing red supply chain, and Wan Taike and wanshih two losses for years, lost 4 and 5 years, respectively. However, Wan Taike wanshih recent thinking in trying to transition product line towards the automotive, telematics, CNC, medical and Type c connector layout, together with Thailand and Viet Nam plant city, plant stress, sharing, and finally in the first half of this year show the adjusted benefit.
It is understood that the two companies not only have a profit in the second quarter, also make money in the first half as a whole, and after entering the high season also will be better in the second half, formally ending years of losses. Wan Taike, and wanshih and United States AJ company as early as there is cooperation, but the "safety management system" strategic cooperation agreement signing ceremony, the main is to further expand the scope of cooperation.
Next, AJ combines wanshih Committee responsible for the development and manufacture of "cameras, sensors, wireless communication" in a car safety management (DMS). Has long been in Japan the field of automotive safety, said Li Guanying, AJ, DMS will receive the traffic image and driving data analysis reports and can be used for fleet management and driver behavior analysis, automatically even when the accident happened urgent messages return system. Taiwan Government began promoting the individual difference in rates of auto insurance policies, this product just as insurance companies use.
He stressed that cooperate and almost all property insurance industry in the country, the relevant products are tested, officially promoting the implementation of the Government can be started immediately. Meanwhile, AJ being the hardware and system development vendors, in the work market through local agents around the world, taihe County, including Taiwan and Korea, Viet Nam and other marketing, will be the responsibility of Wan Taike wanshih.
It is understood that wanshih has shipped 4,000 units in the first half, the second half will be doubled.
Li Guanying forecast in Italy and Japan, market development experience, estimates about 10% vehicles imported within 5 years, to Taiwan's 7 million cars, about 10 dollars a month per vehicle fees, business as a whole is quite amazing. Data source: business times


AJ Greentech is mentioned in a few other articles as well.

http://www.wontex.com/ch/news_detail.php?nid=49

http://www.wontex.com/ch/news_detail.php?nid=50

Lost in translation!

Is AJGH really a BILLION dollar PINKY company???
AJGH Security Details
Share Structure

Market Value1
$1,061,149,811
a/o Dec 13, 2016

Authorized Shares
394,500,000
a/o Aug 03, 2015

Outstanding Shares
58,985,537
a/o Sep 30, 2016

-Restricted
Not Available

-Unrestricted
Not Available

Held at DTC
Not Available

Float
7,521,608
a/o Aug 03, 2015

Par Value
0.001