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Company News >> Chau Ming Technology 60 million acquisition of Rose Science and Technology Plowing LED display segments
Zhou Ming Technology recently become the major LED layout headlines. According to the sources, Chau Ming Technology has signed a contract with Zhongming Investment of 60 million for the "Equity Transfer Agreement of Shenzhen Rose Technology Co., Ltd.".
Specific announcement shows that Chau Ming Technology Co., Ltd. intends to use its own funds, bank loans and other means to be transferable 60 million yuan of the transferor of the total holdings of Shenzhen Rose Technology Co., Ltd. (hereinafter referred to as "Rose Technology") 100% stake. The equity transfer is completed, the company will hold 100% stake in Rose Technology, Rose Technology will become a wholly-owned subsidiary of the company.
According to professional analysis, the transaction reached will help Zhou Ming further deepen the LED display industry segments in the field of layout.

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