Continue to add code LED NVC Lighting plans to increase the shareholding of the two companies by 545 million

Continue to add code LED NVC Lighting plans to increase the shareholding of the two companies by 545 million

On the 23rd, NVC Lighting (hereinafter referred to as the company) announced that the company intends to acquire the remaining 60% equity of Hong Kong Weilan Core Light Trading Co., Ltd., which is owned by Luoman International. The acquisition price is 500 million yuan. According to the previous announcement, NVC Lighting has On March 16, 2018, it entered into a sale and purchase agreement with Hong Kong Luoman International Co., Ltd. to acquire a 40% stake in Weilanxinguang, valued on the 23rd. NVC Lighting (hereinafter referred to as the company) announced the announcement that the company intends to acquire the Hong Kong Blue Core held by Luoman International. The remaining 60% equity of Guang Trading Co., Ltd., the acquisition consideration is 500 million yuan. According to the previous announcement, NVC Lighting entered into a sale and purchase agreement with Hong Kong Luoman International Co., Ltd. on March 16, 2018, acquiring 40% of the blue core light. The equity is worth 315 million yuan. In addition, Zhuhai NVC, a wholly-owned subsidiary of the company, intends to acquire a 5% stake in Wuhu NVC held by Zhang Peng, and the acquisition price is 45 million yuan. According to the announcement, the company has indirectly held an 85% stake in Wuhu NVC, and the company indirectly holds a 10% stake in Wuhu NVC; Mr. Zhang Peng directly holds a 5% stake in Wuhu NVC. Upon completion of the acquisition, affiliates such as Auclide and Reach will become a wholly-owned subsidiary of the company. The Group's principal business is the sale, distribution and distribution of lighting products through e-commerce platforms and distribution channels; the main business of the company is the development, production and sales of the products, and the distribution of lighting products; Core Light's business activities include investment holding, lighting, LED, home appliance design and development, dissemination and promotion, technical consultation and international trade. NVC Lighting said that in the past two years, due to the continuous rise of some metal raw materials, components and labor costs, the profit margin of lighting products manufacturers has been compressed. In order to enhance its core competitiveness and achieve sustainable development, the company has formulated a strategy of gradually transforming from manufacturing to channel-based enterprises in 2018. This and previous acquisitions will enhance the company's ability to develop and/or work with online and offline sales and distribution channels. Upon completion of the acquisition, the company will continue to expand its sales and distribution channels and benefit from the collection, analysis and application of consumer behavior-related big data.

Street Lighting Pole

We started to manufacture Lighting Pole from 2001 and exported from 2003. We got CE certificate for Lighting pole from 2015.

Our firm introduced whole set of good-sized numerical control hydraulic folding equipment(1280/16000) as well as equipped with a series of good-sized professional equipments of armor plate-flatted machine, lengthways cut machine, numerical control cut machine, auto-closed up machine, auto-arc-weld machine, hydraulic redressing straight machine, etc. The firm produces all sorts of conical, pyramidal, cylindrical steel poles with production range of dia 50mm-2250mm, thickness 1mm-25mm, once taking shape 16000mm long, and large-scale steel components. The firm also is equipped with a multicolor-spayed pipelining. At the meantime, for better service to the clients, our firm founded a branch com. The Yixing Jinlei Lighting Installation Com, which offers clients a succession of service from design to manufacture and fixing.

Street Lighting Pole, Lamp Pole, Powder Coated Lighting Pole

Jiangsu Xinjinlei Steel Industry Co., Ltd. , https://www.jinleisteeltower.com