Pseudo 180 million! FSL acquisition of 32.85% stake in South and industrial

April 7th, South and mobile announced that, FSL to 180 million yuan to buy ya company holds 32.85% of the South and industrial shares.

Announcements, FSL with its own funds of 180 million yuan, through the payment of cash to buy the company held by the south of Accor and 32.85% of the equity, FSL is the Shenzhen Stock Exchange listed companies. After the completion of the acquisition of shares, FSL holds 32.85% stake in South and industrial. In addition, FSL's concerted action, human Electronics Group holds 34.30% stake in South and industrial.

After the acquisition, FSL Electronics Group and the actual control of the actual control of the company and the South rising industrial 67.15% stake in the South and the industry has become the actual controller. South and industrial holding South and mobile 60% of the shares, for the South and mobile controlling shareholder. After the completion of this transaction, the company rising through indirect holdings to become the actual controller and moving south.

FSL through the acquisition of the shares of South and industrial, you can share South and industrial Shenzhen industrial plant after the urban renewal and transformation of the proceeds, increase its revenue source. Public information shows that FSL's main business is the production and operation of various electric light sources, as well as its matching lamps and other products.

It is worth mentioning that, according to the consideration of the acquisition, after the completion of the acquisition, South and mobile valuation will reach 913 million yuan. The company is still in suspension. The latest resumption of transfer is expected to be May 19, 2017.

Read three new board research center data show, South and mobile on August 17, 2016 listed three new board, the main business for electronic products, digital products, communications products research and development, production and marketing. In the first half of 2016, South and mobile revenues of 40 million 825 thousand and 200 yuan, an increase of 21%; net profit of 10 million 50 thousand yuan, an increase of 14.8%. Risk tips are indicated.

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