Depu Technology terminates acquisition of LED street light business

Sina Finance News October 4th news, Depu Technology (0.91, 0.01, 1.11%, real-time market economy) terminated the acquisition of 60% of Link Force, and the deposit of 15 million Hong Kong dollars to the seller will be returned to the buyer.

Depu Technology (03823) issued a notice stating that the termination of the 60% interest in Link Force was due to the failure to complete the due diligence review of the target business. The formal agreement under the MOU was not available on September 30. Or the previous meeting, the MOU has been terminated and the deposit of HK$15 million paid to the Vendor will be refunded to the Purchaser.

In December 2009, Depp Technology announced a memorandum of understanding to purchase a 60% stake in Link Force from SRG for a price not exceeding HK$500 million, which will be in cash, allotment or convertible bonds or promissory notes or any combination Way to pay. Link Force is an environmentally-friendly and energy-saving investment company that will be principally engaged in the contract manufacturing, installation and maintenance of light-emitting diode (LED) street lights in the Mainland.

LED Parking Light: the sound, infrared or microwave-controlled LED lighting, by voice, infrared or microwave sensor signals into electrical signals to the surrounding environment, according to changes in the electrical signal to adjust the brightness of LED lamps state, to achieve on-demand lighting Effect.

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Led Parking Light Usually are composed by the LED light source module, a detection module, LED power modules, network modules, and shell composition.
LED Parking Light Housing assembly (bottom shell, face mask and cover other accessories);
Detector assembly (pyroelectric infrared sensor, Fresnel lenses and secondary line);

Controller assembly (intelligent controller, drive module);


LED Parking Light

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