Glands youthful glands electronics (dongguan) to absorb merger dongguan magnetic electronic, after the merger, glands electronic (dongguan) company for survival, and dongguan kang magnetic electronics for the merged company, on December 31, tentative base date for the merger.

Subsidiary glands, said AcBel Polytech Holdings Inc., AcBel Polytech (Singapore) Pte Ltd's two youthful glands electronic (dongguan) and dongguan kang magnetic will merge, because before the merger, two youthful holding company for subsidiaries hundred, therefore, after the merger, does not affect Stockholders' equity.

Glands further pointed out that the glands electronics (dongguan) main business is the production and sales of electronic products, LED lamps and lanterns, communication power supply, power supply, power supply system, power rectifier, etc., and dongguan kang magnetic electronic main business is engaged in the production and sales of transformers, power supply, wire and other products wholesale and import and export business.

After the merger, to integrate resources, improve operational performance, such as purpose, it is expected to give full play to the merger of synergy, the net worth per share and eps to promotion.