Xoceco CPT restructuring settles into the largest shareholder

Xiamen Overseas Chinese electronics restructuring has long been rumored that yesterday was finally settled, the Taiwan CPT CPT wholly-owned holding (Wujiang) Limited video 32.64% share from Xiamen Overseas Chinese Electronics Group in the hands of the original shareholders of Xoceco, became the first major shareholder, Xoceco group is relegated to the second. In addition, Xoceco group also transferred 3.5% shares to another company specializing in the production of new electronic LCD panels, plasma display panel display device of the Taiwanese owned Enterprises -- Fuzhou joyeh Electronics Co. Ltd., the company has become the third largest shareholder of Xiamen Overseas Chinese electronics.

It is reported that the strategic restructuring of Xoceco creating a state-owned TV companies and upstream supply chain integration precedent, the industry that the move will help further enhance the Xiamen Overseas Chinese TV industry competitiveness.