Acrel announcement that the company on the same day with the natural person Wang Xiaoping and Chen Shuzi for the acquisition of 60% stake in Shanghai Jia Tang Electronics Co., Ltd. signed a conditional share purchase agreement entered into force, plans to acquire its own funds 19.2 million yuan target combined 60% stake on December 17 2013 .
According to reports, Jia Tang Electronics is a company focused on LED lighting application area, LED lighting products and lighting provides integrated solutions for the lighting needs of users in different light environments of high-tech enterprises. At present the main products and new product applications are being developed to cover the main areas of commercial lighting applications lighting, road lighting, commercial lighting and specialty lighting. The company's main products are LED modules, LED lamps and LED light sources. In addition to these products, the company also provides energy management contract (EMC) business services, entered into a certain number of years service contract with the customer, according to a certain proportion of share-saving benefits of sharing revenue with each other. |