Lehman shares announced on the afternoon of October 8 that the company's issue of shares and payment of cash to purchase assets and raise matching funds were unconditionally approved by the China Securities Regulatory Commission's M&A Review Committee. This matter was purchased by Lehman shares through the issuance of shares and payment of cash to purchase 100% equity of Tuo Technology, which was held by three natural person shareholders including Ke Zhipeng, Hong Maoliang and Sun Jinxiong. The transaction price was RMB 23 million, of which about 70% The consideration is paid by way of issuing shares, and about 30% of the consideration is paid in cash.
Shenzhen Tuoxiang Technology Co., Ltd. is a high-tech company integrating LED product application research, development, production and sales. Its main products are LED tube, LED panel light, LED flood light and LED downlight. Products, mainly used in indoor commercial lighting, about 80% for export sales, about 20% for domestic sales, the current export areas are mainly Europe and the Americas. Tuoxiang Technology has established a good business foundation in the field of LED lighting, stable sales channels, and has strong comprehensive competitiveness in the field of LED lighting.
Shenzhen Lehman Optoelectronics Technology Co., Ltd. is an LED product service provider and sports resource operator. LED's main business covers LED display, LED lighting, LED packaging, LED energy saving, LED media, and its global sales have expanded to more than 80 countries and regions. Lehman is the official sponsor of the Super League Football League from 2011 to 2016 and the strategic partner of the Chinese Football Association. It is also the official sponsor of 14 Chinese Football League clubs. Now it has become the business operator of China Football Super League and China Football League.
After the acquisition, Lehman will rapidly enhance the company's competitiveness in the field of LED lighting based on the original business based on LED display. As a wholly-owned subsidiary of Lehman Co., Ltd., which is a listed company, relying on the accumulated management experience and capital, brand and management support of listed companies, the LED lighting products business will be significantly enhanced, which will help to further enhance the technology. Competitive in the field of LED lighting.
Xinxiang Mina Import & Export Co., Ltd. , https://www.mina-motor.cn