Jiangmen Keheng shares to acquire 10.95 million shares of 51% of Lianteng Technology

On July 30, Jiangmen Keheng Co., Ltd. announced the announcement of foreign investment. The company decided to acquire 51% of Shenzhen Lian Teng Technology Co., Ltd. (hereinafter referred to as “Lian Teng Technology”) with its own funds of 10.95 million yuan, and is responsible for raising liquidity of not more than 20 million yuan to Lian Teng Technology.

Founded in 2005, Lian Teng Technology is a national high-tech enterprise dedicated to the development, production and sales of LED shaped display products. The business involves many large-scale dance projects, outdoor media, urban lighting, landscape lighting and many other fields. Well-known large-scale projects in China. Lian Teng Technology and Southern Newspaper Group, Yuexiu Group and Guangdong Guangxin Foreign Trade Group jointly launched the Southern New Vision Media Company to build an outdoor LED information network with a national demonstration effect in the south of China. .

As of May 31, 2013, Lianteng Technology had total assets of 63.925 million yuan and net assets of 11.0445 million yuan. From January to May 2013, its operating income was 29.45 million yuan and its net profit was -32.88 million yuan.

Keheng said that the move is to further improve the company's layout in the LED industry chain and quickly enter the field of LED product application terminals.

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