Elo touch solutions careers.The purchase price of the monitor is on the low side. Global shipments of commercial touch panels increased to 130 million from 98 million in 2015.

In April 2015, Samoa Commercial Exhibition Technology Co., Ltd. Taiwan Branch (TES Touch Embedded Solutions Inc. The branch set up in Taiwan, hereinafter referred to as “Samoa Taiwan Branch”), with a total untaxed price of NT $10.2583 million, purchased R & D and office equipment related to the business of commercial intelligent interactive display equipment from Titanium Product Innovation Technology Co., Ltd. (hereinafter referred to as “Titanium Product Innovation”) and Zhenhong Optoelectronics Technology Co., Ltd. (hereinafter referred to as “Chanhong Optoelectronics”).

In May and December 2015, Xuan Exhibition Co., Ltd. purchased machinery and equipment related to the business of commercial intelligent interactive display equipment related to the related party Titanium Product Optoelectronics (Xiamen) Co., Ltd. (hereinafter referred to as “Titanium Product Optoelectronics”) at a total untaxed price of 27.1309 million yuan.

In June, July and October 2015, Xuan Exhibition Co., Ltd. with a total untaxed price of 10.0376 million yuan, purchased machinery and equipment related to the business of commercial intelligent interactive display equipment related to Fang Baochen (Xiamen) Optical Technology Co., Ltd. (hereinafter referred to as “Baochen Optical”).

In December 2015, Fengzhan Co., Ltd. acquired a 100% stake in TES Holding Co.,Ltd. (hereinafter referred to as “IPC Holding Holdings”) from related parties IPC Holding Co.,Ltd. (hereinafter referred to as “IPC Holding”) and TPK Holding Co.,Ltd. (hereinafter referred to as “TPK Holding”) for a total price of US $5.06 million.

And because at that time, TES Technology (Hong Kong) Limited (hereinafter referred to as “Hong Kong exhibition”) and TES Touch Embedded Solutions Inc. (hereinafter referred to as “Samoa exhibition”) held 100% equity interest. That is, after the equity transfer, the Hong Kong exhibition and the Samoa exhibition became the grandson companies of the exhibition co., Ltd., while the assets acquired by the Taiwan branch of the exhibition in Samoa in April 2015 from titanium product innovation and Hong Kong optoelectronics were also included in the exhibition limited.

It is worth mentioning that the exhibition is limited and funded by the Hong Kong exhibition.

According to the prospectus, Hong Kong exhibition was the controlling shareholder since its establishment from April to November 2015, until November 2015, when it transferred its limited 100 per cent stake to IPC Management and TPK Universal Solutions Limited (hereinafter referred to as “TPK Universal Solutions Limited”) for a total price of US $10.6283 million.

According to the prospectus, in 2015, through the above-mentioned equity acquisitions and the purchase of operating assets, the total assets obtained from the above-mentioned related parties were 322.0286 million yuan, accounting for 68.26% of the total assets in the same period.

On the other hand, in 2019, the “contribution” income of customers from related parties is still more than 60%.

According to the prospectus, after its establishment in April 2015, through the purchase of assets and equity, the related parties such as Titanium Product Optoelectronics, Baochen Optics, Titanium Product Innovation and Zhenhong Optoelectronics and other assets related to the business of business intelligent interactive display equipment were integrated, undertaking the relevant R & D, production and sales personnel, as well as Elo Touch Solutions Inc, the main customers of Titanium Product Optoelectronics and Titanium Product Innovation. And the company controlled by the same party (hereinafter referred to as “Elo”), Baochen Optics and Zhenhong Optoelectronics main customers NCR Corporation. And companies controlled by the same party (hereinafter referred to as “NCR”), Diebold Nixdorf Manufacturing Pte. Ltd. And companies controlled by the same party (hereinafter referred to as “Diebold”), etc.

It is worth noting that Elo, NCR and Diebold, which are undertaken by Titanium Product Optoelectronics, Titanium Product Innovation, Baochen Optics and Zhenhong Optoelectronics, are the top five customers.

According to the prospectus, the top five customers in 2017-2019 and the first half of 2020 were Elo and TPK Holding Co.,Ltd. And its subsidiaries (hereinafter referred to as “TPK Group”), Diebold, Mouse Computer Co.,Ltd and companies controlled by the same party (hereinafter referred to as “Mouse”), Acrelec Manufacturing S.A.S. And companies under the control of the same party (hereinafter referred to as “Acrelec”); Elo, NRC, Diebold, Mouse, Acrelec;Elo, NCR, Jabil, Diebold, Mouse;NCR, Elo, Diebold, 4POS AG (hereinafter referred to as “4POS”), Mouse. In the same period, the sales revenue to the top five customers was 925 million yuan, 1 billion yuan, 870 million yuan and 500 million yuan respectively, accounting for 82.26%, 78.18%, 65.79% and 73.18%, respectively.

That is, during the reporting period from 2017 to 2019 and the first half of 2020, Elo, NCR, Diebold, Mouse, Acrelec, TPK Group and 4POS are the top five customers.

According to the prospectus, from 2017 to 2019 and the first half of 2020, among the top five customers, there are not only Elo, NCR and Diebold customers from related parties, but Mouse, Acrelec and 4POS customers from Baochen Optics.