Leah's announcement late on June 29, the company intends to cash RMB 350 million to buy crystal yu business and shadow zhongtian lighting 100% of total shares held. In the process of the equity transfer, the assignor will achieve 350 million yuan of its equity transfer section of 70% (245 million yuan) for all purchases in the form of agreement of commodities trading company controlling shareholders, actual controllers li holdings of company shares.
The bid is helpful to realize lighting plate business nationwide layout. Company in 2014, after acquisition of jindal lighting leah's group in the LED lighting engineering market share to achieve the explosive growth of the plates, jindal lighting has won the bid and are implementing the underlying amount to 277 million yuan of "two rivers and four shore in wuhan city lights show" has become the new standard of urban landscape lighting. Now expects the national urban landscape lighting industry in the past three to five years in high speed growth, the overall size of the market will be more than one hundred billion yuan, and the company in this field has become quite a market first-mover advantage, and leah's group city tour business sector has formed a good synergy.
Scattered, but the industry at present, strong regional business jindal lighting is currently only has a certain market share in the south, however, zhongtian lighting is a leading enterprise in the Shanghai area to carry out the landscape lighting business, the company to buy a 100% stake, zhongtian lighting can be optimized in the urban landscape lighting business layout, with Shanghai as the basis, improved the market share of the company's business in east China area lighting project, is beneficial to the national integration of the company's business to realize lighting engineering, the whole competition ability of the business sector, the formation of absolute competitive advantage, further enhance the income of the company's lighting plate size and level of net profit.
At the same time, the company said the acquisition also to leah's group in the east China area business synergy development in an all-round way. Before the acquisition, the company in the culture and the integration of science and technology to carry out the several strategic cooperation, in the audiovisual products research and development, production and customer resources to form a larger advantage, after the acquisition is complete, on the basis of zhongtian lighting, can help the company in east China area gradually realize grid layout, leah DE group composite base in east China, and construction integration leah DE group member companies in the east China area sales, procurement, production, research and development resources, booster group member enterprise existing business leaping type development together.
