Ledman to Acquire LED Luminaire Company for RMB 230 M

Chinese LED manufacturer Ledman announced it is planning to acquire a new LED luminaire company as of July 8, 2015.

Ledman announced it would be acquiring 100% shares in a LED luminaire company for RMB 230 million (US $37.04 million). The LED luminaire company is involved in the R&D, manufacturing and sales of LED products.

The company intends to raise funds for the acquisition by privately issuing shares to no more than five investors.

Once the company board completes all related work and finishes its meeting, the company will abide to “Measures for Administration of Material Assets Reorganization of Listed Companies” and other related regulations. The company has continued to suspend trade as of July 9, 2015.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Streetlights and high-bay fixtures require high flux and efficacy to meet the ever increasing demands for system efficiency and energy cost reduction for these applications. Today, LUXEON 5050 LEDs received an upgrade in both flux and efficacy... READ MORE

The recent outbreak of COVID-19 has prompted the large-scale search for practical solutions that can prevent the spread of the deadly virus — from researchers and scientists committed to finding a solution, to the manufacturers and consu... READ MORE