The Development History of Le Kai

China Le Kai Film Group Co., Ltd. is a modern enterprise with the largest image information recording industry, the strongest technical force, the largest variety of products and the widest market coverage in China. It is one of the 166 large state-owned enterprises funded by the State Council SASAC. Le Kai, formerly the No.1 Film Factory of the Ministry of Chemical Industry, was established in July 1998 and its headquarters is in Baoding, Hebei. It is one of the national "156" key construction projects. After nearly half a century of wind and rain, Le Kai people have shouldered the ideals and hopes of the nation, gone through three arduous pioneering courses, sought opportunities in challenges, and worked hard to explore new ways suitable for enterprise development in development, and embarked on a successful road, shaping Le Kai's unique corporate image. It has created more than 65,438,000 firsts in the history of China, filled one gap after another in China, and made great contributions to the economic construction and national defense construction of new China. On March 3 1 2000, when General Secretary Hu Jintao visited Le Kai, he cordially encouraged the people of Le Kai: "Le Kai used to be the first film factory. As the first in China, Le Kai should firmly establish the image of the first, carry forward the spirit of the first, and win glory for the nation. "

Le Kai's first venture was from the early 1960s to the late 1970s. At the beginning of the factory, the former Soviet Union suddenly withdrew its technical experts, which coincided with three years of natural disasters. In this extremely difficult situation, the first generation of Le Kai people made their own efforts, overcame many difficulties and completed the factory construction. The following year, they produced China's first generation photographic film, black-and-white film positive film and 135 civilian film, and sent their own space film to the satellite. Gradually make the enterprise develop into a film production base in China.

From the early 1980s to the mid-1990s, it was the second entrepreneurial stage in Le Kai. With the reform and opening up, amazing changes have taken place in China. People's ideas and lifestyles change rapidly. Television quickly entered the homes of ordinary people, which led to the sharp decline of the film industry and brought a serious crisis to Le Kai, which mainly produces movies. At the same time, the "color photo craze" has risen quietly in China. Demand is the market and demand is the opportunity. At this critical juncture, Le Kai seized the opportunity to quickly develop China's first-generation color film and color paper, which were quickly introduced to the market, breaking the situation that foreign goods dominated the world. The company also realized the rapid adjustment of product structure from film to civil photosensitive materials. Le Kai has formed its own brand.

From the mid-1990s to the beginning of 2 1 century, Le Kai was in the third stage of entrepreneurship. During this period, with the rapid development of China's economic construction and the continuous improvement of people's living standards, the market demand for photographic materials based on film is increasing day by day. Internationally renowned photosensitive materials enterprises have turned their strategic focus to China, and invested and built factories in China in various ways, making the competition of traditional silver salt products more intense. The rapid development of digital technology has also impacted the traditional silver salt market; Smuggling products have flooded the market for a long time, disrupting the normal market order. While Le Kai is facing rapid changes in the external market environment, with the gradual advancement of the reform of state-owned enterprises, the internal reform of enterprises in Le Kai is still urgent. Under the brand-new situation, Le Kai has closely focused on the market, vigorously promoted enterprise reform, strengthened marketing, technological innovation and basic management, established and improved a domestic and foreign marketing network with a certain scale, actively intervened in digital and other new technology fields, and relied on the constantly improving system and management and scientific talent introduction and training mechanism to ensure that Le Kai's products constantly innovate and keep pace with the world, maintaining the long-term good development momentum of Le Kai and realizing the preservation and appreciation of state-owned assets.

Especially since the 2nd/kloc-0th century, Le Kai has accelerated the pace of industrial restructuring through resource integration, international cooperation and strong alliance. From June 5, 2003 to 10, Le Kai and Kodak formally established a strategic partnership. In June 2005, the new TAC production line started construction in Baoding. Le Kai is one of the five companies that can produce TAC film in the world. In March 2006, the foundation stone was laid for Hefei Le Kai Industrial Park. The "Hefei Le Kai Industrial Park" project is divided into four phases, with a total area of about1.200mu. The first phase is the polyester film production line of LCD; The second phase is two precision painting production lines; The third phase is two thin film production lines for flat panel display equipment; The fourth phase is the production line of other functional films for flat panel display equipment. Total investment1300 million yuan. "Hefei Le Kai Industrial Park" will become the production base of middle and high-grade polyester film and film deep processing products needed by China flat panel display industry chain. It marks that Le Kai has taken a solid step in industrial restructuring and strategic transformation, and the development of Le Kai has since opened a new chapter.

2011On September 23rd, Le Kai Film Group was merged into China Aerospace Science and Technology Corporation. Le Kai Group has basically realized the digital transformation of image recording materials and printing materials by focusing on developing film and coating materials, digital printing materials, digital imaging materials, new energy and electronic information materials. Aerospace science and technology group is extending to strategic emerging industries such as new materials and new energy. Le Kai Group and Aerospace Science and Technology Group have strong business relevance, industrial integration and complementary resources in new materials and new energy.

On September 4th, 20 12, Le Kai Film Co., Ltd. (600 135, hereinafter referred to as Le Kai Film) announced in the evening that the company would stop the production of color films after research and decision by the board of directors, and authorized the general manager of the company to be responsible for cleaning up the special assets related to color films. At the same time, strive to do a good job in the sales of stock color films. With the help of innovation and transformation, Le Kai has moved to the field of new materials such as optical films. In fact, with the popularization and upgrading of digital cameras, smart phones and other electronic devices, the decline of the traditional film industry has been doomed. A generation of China films came to an end.

Le Kai once competed with Kodak and Fuji, claiming to be one of the three largest color scrolls in the world. From the production of the first generation photographic film in China to the development of the first generation color film in China and color paper, Le Kai brand once enjoyed a high reputation among consumers in China, and was praised by the industry as a check and balance to Kodak and other foreign film brands.

Regarding the production suspension, Le Kai explained that due to the influence of digital imaging on silver salt imaging products, the market demand for color films has dropped sharply in recent years, and the products can no longer be mass-produced.

As early as 2065438+February, 2002, the board of directors of Le Kai Film Company passed the resolution of drawing impairment reserve, and conducted impairment test on the equipment, process and special raw materials related to color film production, and drew impairment reserve of about18.6 million yuan. Le Kai film semi-annual report shows that its inventory value is 73.33 million yuan.

According to the financial report, the main income sources of Le Kai film are colored paper, colored film, solar backboard, liquid medicine used for processing information and image data and related chemicals. In 20 1 1 year, the company realized main business income of 827 million yuan, total profit of -463 1 10,000 yuan and net loss of 5 1.88 1.30 million yuan.

In fact, in the era of "de-filmization", Le Kai's films realized the crisis, and the transformation had already been quietly carried out. According to public information, in 2005, Le Kai began to invest in the construction of the first TAC optical film production line, which truly entered the key material field in the upstream of flat panel display and became one of the only five companies in the world that can produce TAC films. In 2006, Le Kai started to build the first optical grade polyester film base in China in Hefei, and began to enter on a large scale. By 20 1 1 year, the sales revenue of film materials, mainly optical films, has accounted for 22% of Le Kai Group's revenue and 42% of its profits. Optical films have also become an important part of Le Kai's attraction to China Aerospace Science and Technology Group. 20 1 1 In September, Le Kai was merged into China Aerospace Science and Technology Corporation and became its wholly-owned subsidiary industry.

According to the semi-annual report, in the first half of this year, the main business income of Le Kai films was 484 million yuan, up by 25.67% year-on-year, and the net profit was 888.4 1.29%, up by18/.29% year-on-year. The semi-annual report shows that since the construction of the solar cell back film project started, all the work has progressed steadily as planned, and it is expected that the project construction will be completed within this year, laying the foundation for product structure adjustment.

In 2003, Le Kai Group and Kodak reached a 20-year cooperation agreement: Kodak will exchange cash and other assets totaling about 654.38 billion US dollars for a 20% stake in Le Kai. However, due to the revolutionary development of digital images, the film market is declining. In 2007, Kodak sold its shares in Le Kai, and the cooperation between the two parties came to an end.

It is worth mentioning that before the digital age, Kodak used to be the overlord of the personal film market and was synonymous with film. However, the bankrupt Kodak Company announced last week that it planned to sell its consumer film business. This business is the foundation of this "century-old shop". Film and photographic paper used to be a big source of funds for Kodak. However, the transformation of photography from film and photographic paper to digital photography cut off the company's income source. In the first half of this year, HKUST contracted water 1/4 to 2 billion US dollars, and the loss expanded to 665 million US dollars.

Kodak CEO Peng Andong said at a news conference: "We are transforming Kodak." He said that Kodak will focus on commerce, packaging, functional printing and corporate services in the next step. Kodak hopes to find an ideal buyer for consumer film business, photo kiosks and commercial scanners. The company believes that selling assets and reducing costs will be a milestone for Kodak to move from bankruptcy to emerging in 20 13.

Then, on 20 1 1 year, Fuji announced that its various film products were officially discontinued, and identified five major areas of medical and life sciences, printing, document processing, optical components and high-performance materials as key development undertakings in the future.