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LIAN foreign mergers and acquisitions

Guangzhou Boxin LIAN photoelectric (600363) as a key high-tech enterprise of national torch plan, is the national "863 Plan" and "national industrialization base InGaN LED epitaxial wafer and chip industrialization demonstration project enterprise, its leading products light electrical top domestic market share. The company recently announced that the largest shareholder of Jiangxi Electronics Group Company and international investment limited company established a joint venture with Jiangxi LIAN Electronic Co. ltd.. LIAN Electronics Group after the establishment of the proposed acquisition of the company held in Jiangxi LIAN 29.8% stake in the Polytron Technologies Inc; invested 600 million yuan in 5 years, LIAN and LIAN to build the photoelectric video two science and Technology Park in Nanchang hi tech Development Zone, the development of LED laser, semiconductor device, camera module, LCD TV / monitor four industries. LIAN electronics sales in 2008 is expected to reach about 1 billion 500 million yuan, in 2010 sales revenue reached RMB 6 billion yuan. Can foreknow, with the background of Taiwan EF international investment to become LIAN photoelectric actual controller, the company in the domestic photovoltaic market competitive advantage will be more prominent. Two on the secondary market, the stock has a substantial adjustment, with the recent line in the vicinity to get strong support, the unit energy to do more rapid expansion, MACD low short-term moving average system, help bring up momentum more stock prices rise, the recent volume trend indicates that the stock will be start to move up market can focus on.

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