[High-tech LED News] Depu Technology announced that it has acquired the entire equity of Starry View and Mega Wide, which are engaged in environmental protection and energy-saving technology business, with a total shareholder loan of RMB 124 million. Among them, 20 million yuan is cash, 20 million yuan is issued for the issuance of promissory notes, and 84 million yuan is paid by 40 million shares of the consideration shares at 2.1 yuan per share.
It is understood that Starry View's Light Resource is mainly engaged in the sales of LED products in China, Hong Kong and Europe. Mega Wide indirectly holds 70% of Tecdoa (Spain) mainly in Europe for energy efficiency projects.
Depu Technology said that the Target Group is currently engaged in environmental protection and energy-saving technology business and renewable energy business in the future with great opportunities to flourish and full confidence in the future prospects of the LED industry and related products.
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