180 million the development of crystal Linsen capital has become the third largest shareholder

Linsen Limited by Share Ltd September 10th evening announcement said, intends to own funds invested 180 million yuan shares development Jing Zhaoming (Xiamen) Co. Ltd. (hereinafter referred to as the "development of crystal"), through capital increase obtain 10.91% stake in the development of crystal. 180 million yuan this Linsen capital, of which 94 million 742 thousand and 862 yuan for the development of crystal of the registered capital of 85 million 257 thousand and 138 yuan capital increase, as the development of crystal capital fund.

In addition to Linsen funds, for the Largan Bright Holding Co. Ltd, also as equivalent to RMB 20 million yuan dollar for the development of crystal capital, of which 10 million 526 thousand and 985 yuan for the development of crystal of the registered capital of 9 million 473 thousand and 15 yuan capital increase, as the development of crystal capital fund.

According to the announcement said, in September 9, 2015 second MLS eighteenth meeting of the board of directors through "on the equity investment in the development of crystal lighting (Xiamen) Limited's motion". Because there is no relationship between the crystal and its shareholders with the development of science and technology, EPISTAR, deep billion Crown Crystal and Country Lighting, so this investment does not involve the related transaction, and the transaction amount has not reached the scope of the shareholders' meeting, so the investment by the board of directors meeting of the joint immediately after implementation.

According to the announcement, M.L.S. after the completion of this investment, the extension to the LED industry chain through strategic investment, to complete the layout of the whole industry chain, to play an important role in the future development of the company. At the same time, through the development of Bridgelux in the crystal with the United States patent technology and market cooperation, make the company related products patent barriers can effectively open up overseas, for the company's products to the internationalization of the laying of the road, which will further enhance the company's brand influence and core competitiveness.

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