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Home> Blog> New three-board LED packaging factory Derunda 18,000 acquired a 75% stake in a lighting materials company

New three-board LED packaging factory Derunda 18,000 acquired a 75% stake in a lighting materials company

June 24, 2023

De Runda announced on March 13 that the company plans to acquire 75% of the equity of Puyang County Zhonghui Lighting Materials Co., Ltd. for RMB 18,000. The acquisition constitutes a connected transaction and the transaction does not constitute a major asset restructuring. After the completion of this acquisition, Xiangyang County Zhonghui Lighting Materials Co., Ltd. became a holding subsidiary of Shenzhen Derunda Optoelectronics Co., Ltd. The company said that through this acquisition, Puyang County Zhonghui Lighting Materials Co., Ltd. will become a holding company of the company, which will help to further enrich and improve the company's industrial layout, expand business areas, enhance the company's future profitability, and at the same time be a subsidiary. In the future, technology introduction and financing will be created to create conditions. According to the announcement, Puyang County Zhonghui Lighting Materials Co., Ltd. (hereinafter referred to as Xiangyang Zhonghui) was established on December 28, 2016. The scope of business:

 production and sales of LED lamps, R&D and sales of electronic products, domestic trade, goods And technology import and export trade (projects subject to approval according to law, can be carried out after approval by relevant departments). Relevant information shows that De Runda was established on July 27, 2010 and landed on the New Third Board on October 16, 2015. The revenue from January to June 2016 was 25.517 million yuan and the net profit was 1.377 million yuan. In addition, Derunda announced the announcement of the main business change on the same day. Prior to the change, the company's main business was the packaging and sales of LED and LED light sources, as well as the research and development, production and sales of related electronic products. After the change, the main business was LED. LED light source packaging, sales, research and development, production and sales of aluminum substrates, ceramic substrates, LED finished lamps, and related electronic products research and development, production and sales, this main business change will not lead to changes in the company's industry.


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