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Zhen Mingli said that the acquisition will enable the company to integrate the Group's distribution of LED products in the United States and improve the company's profitability after the completion of the acquisition.
It is understood that as of the end of March this year, the annual loss of Zhen Mingli will exceed the same period last year. From all kinds of signs, even if the loss, the true Ming LED heart will not die. 
In addition to having a good CPU as a prerequisite, it is equally important to carry a professional video player. A professional video player must perform equally well both online and offline.
Not afraid of losses, Zhen Mingli acquired Tivoli to increase the US LED distribution business
Zhen Mingli announced that it will acquire a remaining 50% stake in Tivoli for a cash consideration of US$3 million (approximately HK$23.27 million). Upon completion of the acquisition, Zhenmingli will hold 100% of Tivoli. Tivoli is primarily engaged in the trading of lighting products.