Xiamen XinDa intends to purchase 75% stake to fill the blank of white packaging howteen

XinDa Xiamen 13 evening announcement, the company owned subsidiary of XinDa of Fujian province Photoelectric Technology Co. Ltd. (hereinafter referred to as the "Fujian XinDa photoelectric") and Shenzhen City Hao optoelectronics Co. Ltd. (hereinafter referred to as "howteen photoelectric"), Lu Zhirong in July 13, 2015 signed the "equity acquisition agreement of intent", intends to acquire 75% stake in sky photoelectric. In addition, the company's shares resume trading on 14.

Xiamen XinDa said, after years of development, LED indoor lighting products prices are now close to the traditional light, provides ample market growing market demand for the company LED white packaging and lighting application development. The acquisition will quickly fill the sky Hao Electric Company in LED white packaging in the field of blank, to meet the growing market demand, better maintain the company's competitive advantage.

To raise funds to improve the use efficiency and operating efficiency, will be part of the original building for LED packaging production line to raise funds for the acquisition of some photoelectric equity change, will accelerate the development of the company in the field of LED research and development, manufacturing and marketing of white packaging, in line with the company's development strategy, to raise funds to improve efficiency, enhance the market to promote the company's competitiveness, photoelectric business development.

It is understood that the Shenzhen howteen photoelectric Co., Ltd. was founded in January 15, 2009, registered capital of 30 million yuan, the business scope includes: general business items: LED lights, LED light source, LED driver, LED semiconductor lighting materials technology development and sales of goods and technology import and export. Licensed operating items: LED lamp, LED light source, LED driver, LED semiconductor lighting materials production.

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