On the evening of February 21, Ruifeng Optoelectronics (300241), a member of the G20-LED Summit , announced that the company had signed an Equity Subscription Agreement with the original shareholders of Shenzhen Lingtao Optoelectronics Technology Co., Ltd. (“Lingtao Optoelectronicsâ€). The company will invest 30 million yuan to purchase 13.0435% of Lingtao Optoelectronics. Among them, 525,000 yuan will be used as the capital increase of Ruifeng Optoelectronics' registered capital of Lingtao Optoelectronics, and 29.427 million yuan will be included in the capital accumulation fund of Lingtao Optoelectronics.
According to the announcement, Lingtao Optoelectronics' main business is to provide small and medium size backlight LED packaging solutions. As of the end of 2013, the company's total assets were 56.706 million yuan, net assets were 15.31 million yuan, 2013 annual operating income was 87.510 million yuan, and net profit was 11.4866 million yuan.
The original shareholder of Lingtao Optoelectronics promised that Lingtao Optoelectronics' net profit in 2014 should not be less than RMB 24 million. If the company's net profit is less than RMB 24 million in 2014, the original shareholders of Lingtao Optoelectronics must compensate the company by cash or shares.
Ruifeng Optoelectronics said that this investment will help the company to use the customer resources of Lingtao Optoelectronics, and quickly cut into the market of mobile phones, MP3, MP4, PDA, digital cameras, camcorders, notebook computers, tablet computers, etc., to make the small and medium-sized backlights bigger and stronger. Source LED market.
We have rich experience on one-stop solution, provide various services from new product design,prototype,mold making,mass production,assembly and logistics. The most important advantage is we have our own R&D team to help clients to turn ideas into actual parts. All of these engineers and designers have over 15 years experience in these plastic products fields.
We have a strict quality control system, an excellent management team and also a dedicated sales force, enable us to fulfill our commitment in high quality products and outstanding services.
If you are looking for a trustworthy supplier of customized items, please do not hesitate to contact us. We are always striving to establish a win-win partnership with customers from all over the world and help our partners to stay one step in front of your competitors.
According to the announcement, Lingtao Optoelectronics' main business is to provide small and medium size backlight LED packaging solutions. As of the end of 2013, the company's total assets were 56.706 million yuan, net assets were 15.31 million yuan, 2013 annual operating income was 87.510 million yuan, and net profit was 11.4866 million yuan.
The original shareholder of Lingtao Optoelectronics promised that Lingtao Optoelectronics' net profit in 2014 should not be less than RMB 24 million. If the company's net profit is less than RMB 24 million in 2014, the original shareholders of Lingtao Optoelectronics must compensate the company by cash or shares.
Ruifeng Optoelectronics said that this investment will help the company to use the customer resources of Lingtao Optoelectronics, and quickly cut into the market of mobile phones, MP3, MP4, PDA, digital cameras, camcorders, notebook computers, tablet computers, etc., to make the small and medium-sized backlights bigger and stronger. Source LED market.

Dongguan Deli Plastic Co.,Ltd is a manufacturer specialized in the research, development ,plastic injection mould and making mass production with well-equipped facilities and strong technical force.
Our products are extensively used in household industry/electronic industry/automobile industry/building industry and other industries.
We have rich experience on one-stop solution, provide various services from new product design,prototype,mold making,mass production,assembly and logistics. The most important advantage is we have our own R&D team to help clients to turn ideas into actual parts. All of these engineers and designers have over 15 years experience in these plastic products fields.
We have a strict quality control system, an excellent management team and also a dedicated sales force, enable us to fulfill our commitment in high quality products and outstanding services.
If you are looking for a trustworthy supplier of customized items, please do not hesitate to contact us. We are always striving to establish a win-win partnership with customers from all over the world and help our partners to stay one step in front of your competitors.
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