Overweight LED business, Furi Electronics intends to purchase 37 million 500 thousand yuanlei technology 10% stake

Yesterday (29) evening, Fujian Furi Electronics Limited by Share Ltd (hereinafter referred to as "Furi Electronics" or the "company") announced that the company intends to cash 8 million 437 thousand and 500 yuan, 14 million 62 thousand and 500 yuan, 15 million yuan acquisition of Yan Lei, Yan Haihong von Yun Long, held by Shenzhen runlite Technology Co. Ltd. (hereinafter referred to as "yuanlei technology" 2.25%, 3.75%), 4% shares, 10% of the total equity trading price of 37 million 500 thousand yuan.

Department of scientific source Furi Electronics subsidiary, the scope of research and development and sales of light-emitting diode LED, domestic business, material supply and marketing industry, goods and technology import and export. After the completion of this transaction, Feng Yunlong, Yan Lei, Furi Electronics holds yuanlei technology 70%, 18.75%, 11.25% stake. By the end of June 30, 2017 (Unaudited), yuanlei technology assets amounted to 526 million 987 thousand and 700 yuan, net assets amounted to 209 million 70 thousand and 800 yuan. The year 2016 (Unaudited), yuanlei technology to achieve revenues of 379 million 466 thousand and 200 yuan, net profit of 41 million 489 thousand and 400 yuan.

Furi Electronics said that through this transaction, the controlling force to enhance the company of yuanlei technology, to further improve the listed company's decision-making and decision-making efficiency, enhance yuanlei technology management and operational efficiency, optimize the allocation of resources is beneficial to the whole company.

LED more information, please click on the LED network or the WeChat public account (cnledw2013).