Lehman's 170 million stake in the acquisition of the Investment Company Wanda Swiss surplus Sports

Lehman photoelectric July 30th evening announcement, the company's actual controller Li Mantie intends to set up in Hongkong holding company invested less than 25 million euros (equivalent to RMB 170 million yuan) and other investors to participate in the Swiss infront sports media group (hereinafter referred to as the "Swiss infront of the equity investment group).

It is understood that, in February 2015, Wanda Group led the signing of the merger and acquisition of 100% stake in the Swiss side of the sports media group. Sports media group (Infront & Media AG) is the world's second largest sports marketing company, is also one of the world's largest sports media production and broadcasting companies. The Swiss infront group business overall, the current service integrates sales, television signals and rights content production, event operations, brand promotion, sponsorship services, and online entertainment such as a full range of integrated service platform. The Swiss infront group operating events on a total of more than 4000 days, the average daily broadcast events more than 10 (including 20 world championship races), covering 25 sports, and winter sports in the football field ranked first in the world.

Swiss surplus group in the field of football cooperation throughout the world (such as FIFA), the state (such as the German Football Association, the Italy Football Association), League (Ruyi), the club (such as AC Milan) and other levels. Swiss surplus group covers a wide range of sports, operating more than 25 kinds of sports, and with the world's hundreds of sponsors, media agencies, as well as the 160 sports rights and interests to maintain long-term relations of cooperation.

Lehman photoelectric said, the controlling shareholder of the company Li Mantie on surplus investment project equity investment to fully participate in the international sports market, strengthen cooperation with the international sports organizations, to provide reference and experience for the media business of football sports company, as Lehman photoelectric strategic cooperative sports.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).