Cross play lighting, luyitong intends to acquire Shenghui electronic

In the termination of the acquisition of bitcoin chip maker Jia Nan Yun Chi, luyitong recently announced a reorganization of the new target, the proposed acquisition of Guangdong comprehensive lighting company Guangdong Shenghui electronic Holdings Limited, cross from the field of electrical equipment to lighting, smart city and other industries.

Reportedly, luyitong on February 2015 landed the Shenzhen Stock Exchange gem, R & D, production and sales of the main electrical complete sets of machinery and equipment, 2016 revenues of 233 million yuan, net profit of 24 million 764 thousand and 600 yuan. Last September, the company had to terminate the acquisition of bitcoin chip maker Jia Nan Yun Zhi, the acquisition of high quality assets will strongly.

For the proposed acquisition of the subject, public information display, Shenghui Electronics was founded in 2010, the registered capital of 50 million, Li Zhaoqiang, song ye were holding 70% and 30%, the company mainly engaged in integrated energy-saving lighting design, production, construction, and Home Furnishing, involved in intelligent community networking, intelligent electrical system project.

From business development situation, Shenghui electronic official website shows that the company is currently involved in the Malaysia forest, Huizhou city lighting project ten in Silver Beach, Malaysia palace, Baicheng garden, Shandong Haiyang spa and other dozens of landscape lighting project, and participated in the Shunde garden project, Suizhou Home Furnishing intelligent smart community engineering, Singapore intelligent garage project.

Data show that in 2016 more than 50 billion yuan output value of outdoor landscape lighting, indoor lighting, commercial lighting and with the municipal engineering, lighting, outdoor lighting, landscape lighting market segments continue to deepen, it is expected that in 2017, China lighting output outdoor LED will have more than 100 billion yuan at break.

From the industry, the domestic 59 listed lighting sector company, last year there are 56 profit, 43 net profit growth, such as Jiawei shares net profit of 314 million yuan, an increase of 129.37%; OPPLE lighting to achieve a net profit of 506 million yuan, an increase of 16.17%; net profit of 452 million yuan Yankon, an increase of 21.67%, have achieved good results.

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