Enter the French market audio with 21 billion 200 million yuan single fertilizer

Audio January 30th evening announcement, January 29, 2015, a wholly owned subsidiary of Beijing Shenan Investment Group Limited company and the French ARELIS group, France signed the "Sino French Meuse agreement to jointly promote the French energy-saving green lighting".

According to the agreement, Beijing Shenan Group intends to build LED production plant and Research Center in France, which is located in the Meuse, select Laisu Esme Park 15 hectares of land, construction of 60000 square meters factory LED; in the Meuse high-speed train station to create a regional center of the technology and research. Beijing Shen'an group will invest 100 million euros (about 707 million yuan) to create LED France, and the French judicial, administrative and financial registration before March 15, 2015. At the end of April 2015 will be in charge of the design and implementation of 60000 square meters plant construction engineering enterprises, before the end of July 2015 to submit the construction permit and application development.

At the same time, since March 2015, by the French Meuse coordination of the French government, in 5 years of the 20 city of France, with EMC (energy management contract) investment model for energy saving lighting and city lighting and landscaping construction, the total planned investment of 3 billion euros (about 21 billion 200 million yuan).

Note that, in December 2014, the Commission has approved the audio to Beijing Shenan joint limited company take the issue of shares and payment of cash acquired 100% stake in Beijing Shenan group. In the background of Shanghai state owned restructuring reform, the Feile audio is different from the overall market and state-owned asset securitization, launched market-oriented restructuring of state-owned enterprises and private enterprises with the reform program, created Shanghai's first mixed ownership reform successful pilot enterprises.

It is understood that Beijing Shen An Group has the city and road lighting engineering professional contracting qualification, is a provider of solutions for large LED projects. Not long ago, Shanghai audio new management to show the world the development of brand positioning layout, with the ten base based on the favorable conditions, the 5 largest overseas window, will build a global service platform.

Previously, some analysts said, promising Shenan group in the technical strength, high brightness LED lighting project demonstration effect, and enhance the management efficiency of Ya Ming lighting process; if the successful completion of the acquisition, synergistic effect of vertical integration of the industry chain will significantly enhance the performance, optimistic about the position difference of intelligent lighting audio after competitive advantage.

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