Quasi 18 thousand yuan! Derun acquisition of 75% shares of Poyang Zhong Hui Lighting Materials Co., Ltd.

Flush three new board Derun reached March 13th announcement that the company intends to 18 thousand yuan acquisition of Poyang Zhong Hui Lighting Material Co., Ltd. of the 75% stake. The acquisition constitutes a connected transaction, the transaction does not constitute a major asset restructuring.

The company said that through this acquisition, Poyang County Department of public lighting material limited liability company will become the company's subsidiary, help to further enrich and improve the company's industrial layout, expand business areas, enhance the company's future profitability, and create favorable conditions for the future implementation of subsidiary technology introduction, financing.

Data shows, Derun was founded in July 27, 2010, in October 16, 2015 landed three new board, currently belongs to the base layer, transactions for the transfer agreement. 2016 months 1-6 operating income of 25 million 517 thousand and 400 yuan, net profit of $1 million 377 thousand and 700.

Derun's main business is the production and sale of LED, LED lamps, electronic products research and development and sales.

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