The acquisition of equity interest in two EKong LED lighting company

Economic news agency e - Kong intends to acquire Nice Wisdom Hao Teng (with Rui Rui Optoelectronics Technology equity) all the shares issued, Ying Rui photoelectric engaged in LED and related industrial chain design, research and development and manufacturing. Hao Teng will be transferred to the Swiss photoelectric until the projection holds no more than 45% stake.

In addition, the company intends to acquire the crown and Arbo International all the issued shares, two days after the company holds 42% stake in Konka lighting. Development of commercial lighting, industrial lighting and public lighting products. Two transaction price to be determined.

The Board believes that the two potential investment will allow the company to expand the new business operations at most platforms, including epitaxial films and various types of LED lighting technology.

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