Huaduoli (01139), which is in the third stage of the delisting process, announced that it will acquire Shenzhen Sansheng Technology, which will cost 70 million yuan and will issue 400 million shares of the consideration shares at 0.175 yuan per share, accounting for 16.97% of the enlarged share capital. The price of the stock is 17.45% higher than the price of 0.149 yuan per share before the suspension. The Target Group is engaged in the R&D, manufacturing, sales and installation of LED screen and facade lighting products, and has more than 20 LED-related patents. After the completion of the Hunan plant, the annual turnover is expected to be RMB 1 billion. Huaduoli stated that the LEDs manufactured by the Target Group can be installed in second-hand vehicles sold by the Group and can also be sold to manufacturers, auto dealers, agents and auto repair shops. Huaduoli stated that the acquisition constitutes part of the company's resumption proposal and the resumption proposal is not necessarily approved by the Stock Exchange. The company's shares were suspended from trading on September 27, 2006 and will continue to be suspended until further notice. 1. Indoor LED Curtain Poster Display with price Advantage: We have the best competitive price in the market, we also have the same or even better quality. Indoor LED Curtain Light Box,LED Curtain Slim Light Box,LED Curtain Poster. Shenzhen Macion Optoelectronics Technology Co.,Ltd. , http://www.macion-led.com
2. Indoor LED Curtain Poster Display with quality advantage: From material to finished product, from design to production, we control all processes.
3. Indoor LED Curtain Poster Display service advantage: We also provide best service after sales and we prioritize every customer's needs.
4. We ensure that our LED Curtain Poster Display are CE certified, ROHS compliant, FCC identified.
5. Indoor LED Curtain Poster DisplayWith specially designed fast lock system, easy to install and dismantle.
6. The new structure design enablesIndoor LED Curtain Poster Display diversified installation to meet the hanging-up and stacking requirements.
7. Full Color Indoor LED Curtain Poster Display with High contrast rate up to 5000:1 by using black LED.
8. Indoor LED Curtain Poster Display with high refresh rate with NOVA control system, no scan line when photographed.