Home >

Jiawei Shares acquires Zhongshan Pinshang Lighting for RMB 123 million

Jiawei Shares disclosed on the evening of the 21st that the company signed an equity transfer agreement with all shareholders of Zhongshan Pinshang Lighting Co., Ltd. on May 19, 2014, agreeing to transfer 100% of the equity of Pinshang Lighting in cash for a price of 123 million yuan.
According to the announcement, Pinshang Lighting is a well-known company in the domestic commercial lighting field. It has more than ten years of experience in developing the domestic lighting market and has a certain influence in the industry. Through this merger and acquisition, the company will quickly enter the domestic lighting market with huge market capacity, and the sales scale in the domestic market will rapidly increase.