Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Manx, rain and snow for the delivery of clues! CTOnews.com June 1 news, I believe CTOnews.com friends are quite familiar with OPPO, vivo and the company behind them. Recently, the company changed its shareholders after Guangdong Oujia Holdings Co., Ltd. (OPPO) and Weiwo Holdings Co., Ltd. (vivo), which each held 45% of the shares, both withdrew and officially separated from Bubugao Education.

After querying the ▲ national enterprise credit information publicity system CTOnews.com, after the change of shareholders, the shareholders of Bubugao Education Co., Ltd. became Dongguan Xiao Doctor Education Software Co., Ltd. (27.5 million, accounting for 55%) and Dongguan Pengpai Trading Co., Ltd. (22.5 million, 45%). In terms of managers, the positions of chairman manager Xie Yong and supervisor Xu Yutao remain unchanged, while Li Leheng no longer serves as a director, and Xie Xiaolin is added as a director.

Generally speaking, Duan Yongping founded Bubugao Electronics Co., Ltd. in Dongguan on September 18, 1995 when talking about the relationship between starting step and OPPO and vivo. Soon after, he divided the company into three separate departments according to the area of business. Huang Yihe is in charge of educational electronic business, mainly engaged in point-to-reader, learning machines and other products; Chen Mingyong is in charge of audio-visual business, mainly engaged in VCD, DVD, MP3, Blu-ray DVD and other products; communications business is mainly responsible for Shen Wei, mainly engaged in cordless phones, Bubugao music mobile phones and other products.

At the beginning of 1999, Duan Yongping decided to reform Bubugao. He split the three businesses into three independent companies in accordance with the principles of independent personnel, independent equity and non-interference with each other. The three companies, as separate legal entities, are not related to each other, but some individual shareholders hold about 10 per cent of the three companies at the same time. In the initial period of time, in order for the three companies to develop rapidly, they shared step-by-step brands and about 80% of their original business channels.

In 2001, under the leadership of Duan Yongping, the three companies jointly invested 30 million yuan to establish OPPO. However, because Shen Wei and Huang Yihe did not intend to participate in the development of OPPO, Chen Mingyong directly bought the rights to the OPPO brand. In 2003, in order to expand the field of mobile communications, Chen Mingyong established Guangdong Opper Mobile Communications Co., Ltd. (namely OPPO mobile phones). Soon after, Bubugao Audiovisual Company closed down and 200 or 300 employees were transferred to Guangdong Opper Mobile Communications Co., Ltd.

BBG Communications Technology, headed by Shen Wei, is the core department of BBK Group. In 2011, BBK Communications Technology launched a new brand-"vivo" for its smartphones, forming the current Weiwo Mobile Communications Co., Ltd.

▲ National Enterprise Credit Information publicity system Guangdong Bubugao Education Company was established on November 17, 2017. Xie Yong is the legal representative with a registered capital of 50 million yuan. Its business scope is investment development, operation and management of educational projects; research and development of educational projects and educational scientific research literature; school logistics management; organization and planning of educational and cultural activities. Teaching music equipment, stationery works of art, arts and crafts, audio equipment, machinery and equipment wholesale and retail; educational application software development; computer software development and network technical services; corporate image planning; business information consulting services.

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