China Star 7650 Wankong shares invenlux LED chip to strengthen business layout

Nationstar (002449) June 4th evening announcement, the company intends to 16 million 500 thousand yuan transferee Zhejiang invenlux Technology Co. Ltd. held by Tatsu United Holdings Group Limited by Share Ltd (hereinafter referred to as "invenlux equity"), accounting for 25% of the registered capital of existing invenlux; at the same time invenlux intends to increase 60 million yuan. After the completion of the transaction, the company holds invenlux after the completion of the capital increase the registered capital of 62.5%.

Invenlux's main LED epitaxial wafer and chip, semiconductor lighting equipment, photoelectric module R & D, manufacturing; city lighting engineering construction engineering, LED display system; lighting design. 2014 and the first quarter of 2015, operating income of 17 million 927 thousand and 500 yuan and $3 million 400 thousand, respectively, a loss of $13 million 802 thousand and 400 and $5 million 540 thousand.

State star photoelectric said, with the help of the investment, the company hopes to further enhance the company's technical level in the upstream of LED, adjust and optimize the product structure, and constantly strengthen the company's competitiveness in the upper reaches of the LED.

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