Depp technology acquisition football Sochaux extension LED Market

Aastocks network finance and manufacturing LED lighting products and energy-saving project service provider Depp technology proposed by the French team Sochaux just down class 13/14 acquisition season (FC Sochaux). Li Yongsheng, chairman of the company, said that the benefits of the acquisition of the club is far more than the price of 7 million euros, and is expected to acquire the company's products and services through the acquisition of France, as well as more European market.

Li Yongsheng pointed out that although the Sochaux B club, but every year will participate in 38 league games, including 19 games away games, the company can use the club as a brand and product promotion platform, the next few years can be substantial savings in the European market publicity expenses. In addition, the club's income from television, ticket sales, advertising sponsorship fees, merchandise sales, will become one of the important sources of income in future, and the ball will be attached to youth training school, will have the opportunity to obtain income through the sale of players.

He plans to replace the company's LED products in the stadium after the completion of the acquisition of the company, and in this case, to France to the remaining 400 to 500 pitches to promote their products. He said that the current market share in France is zero, a lot of room for future growth. The acquisition is awaiting a meeting later today.

Asked this year as a whole LED City Road, Li Yongsheng said that in recent years, the LED industry products have a price trend, but the cost of raw materials procurement also fell, so the company's product price cut slightly affect the gross profit.

It is reported that last season only hovering in Sochaux Fayi midstream, on the season he to hold great expectations, hope to be able to return to the French next year. He said that this year the club will be more aggressive, the transfer period will be acquired several players, but did not disclose the budget. He also said that Sochaux soccer school in France as well as a team of famous, in addition to training high-quality players, players also sell profit.

Last night, Depp science and technology announced that the acquisition plan was unanimously approved by shareholders at the general meeting of shareholders.

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