Dew technology performance adjustment to terminate the major asset restructuring continue to suspend

Dew smile technology June 29th evening announcement, due to planning major events, the company's shares have been suspended since opening on December 1, 2014. After the disclosure of the plan, the two sides to further refine the transaction program, but after several discussions on the two sides failed to reach a consensus on the specific provisions of the transaction. In view of this situation, the parties agreed to terminate the reorganization of the major asset restructuring. Company shares continue to be suspended.

At the same time, dew technology disclosure results correction notice, the company will be 2015 1-6 net profit from the previous forecast of 10 million to $15 million, raised to $27 million to $35 million, an increase of 658.20%.

Dew smile science and technology, said the reasons for the performance correction: the company to adjust the industrial structure, eliminate some of the high energy consumption equipment, compressed production capacity to improve the gross margin of the product, to strengthen the collection of receivables, and reduce financial costs.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).