Investment in the LED upper and middle reaches of the photoelectric
Source: Internet
Author: User
Events: The company recently issued a notice, through the subordinate wholly-owned subsidiary of Dongguan Konka Electronics Co., Ltd. to contribute 22.5 million U.S. dollars equivalent RMB equity participation in the photoelectric Technology (Shanghai) Co., Ltd., after the completion of the investment company will have 36% of the equity. Comments: The company is not a holding position on the photoelectric, the investment is to ensure the supply of light-emitting diodes (LED) for the strategic investment, Ying Rui photoelectric by Hong Kong's Hao Teng Company and its management team responsible for operational management. Long-term optimistic about the development of LED industry, the next 5 years is the golden period of industry development, maintain the LED industry "recommended" rating.
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