The amount involved more than 40 l-bright ho intends to participate in the acquisition of foreign lighting enterprise assets

The November 9th evening announcement, the company intends to cooperate with the national industry fund to buy a foreign lighting business assets, is expected to involve amount between about 40-60 billion yuan, has entered a substantive stage of negotiations. Company's shares will resume trading on November 10th.

Up to now, in addition to the confidentiality agreement, the company has not yet signed a written agreement with the asset seller on the sale of assets, the two sides can reach an agreement in the end there is still uncertainty.

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