Overweight LED business, NVC intends to 545 million equity holdings of the two companies

Yesterday (23), NVC (hereinafter referred to as "the company") announced that the company intends to acquire the Roman Hongkong blue light core trade limited company held by the international of the remaining 60% stake, the acquisition price is 500 million yuan, according to the previous announcement, NVC has entered into a purchase agreement on March 16, 2018 and Hongkong Roman International Co. ltd., The acquisition of blue light core 40% of the equity value of 315 million yuan.

In addition, the company's wholly-owned Affiliated Companies intends to acquire 5% stake in Zhuhai NVC Zhang Peng held in Wuhu NVC, the acquisition price for 45 million yuan.

According to the announcement, the blue light core indirectly holds a 85% stake in Wuhu NVC, Wuhu NVC company indirectly holds 10% stake; Mr. Zhang Peng directly holds 5% stake in Wuhu nvc. After the completion of the acquisition, the blue light and Wuhu NVC core Affiliated Companies will become a wholly owned Affiliated Companies.

Data shows, Zhuhai NVC's main business includes lamps, light source, LED products and applications and home appliance products development, production and sales for the main business; Wuhu NVC through electronic commerce platform and distribution channel sales and distribution of lighting products; the blue light of the core business activities include investment holding, lighting, household appliances, LED The design and development, promotion, technology consultation and international trade.

NVC said that in the past two years, as part of the metal raw materials, components and labor costs continue to rise, lighting products manufacturing enterprises profit is due to compression. In order to enhance the core competitiveness and achieve sustainable development, in 2018 developed a gradual transition from manufacturing enterprises to channel enterprise strategy. The ability of this and the previous acquisition will enhance the company's development online to offline sales and distribution channels and / or cooperate with. After the completion of the acquisition, the company will continue to expand its sales and distribution channels, collection, analysis and application and benefit from consumer behavior related to big data.

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