Chau Ming Technology 60 million acquisition of Rose Technology | Deep plowing LED display segments

Zhou Ming Technology recently became the headlines of major LED layout.According to the news, Chau Ming Technology has invested 60 million in Zhongming signed the "About Rose Technology Co., Ltd. Shenzhen share transfer agreement."

Specific announcement display , Chau Ming Technology Co., Ltd. intends to transfer 100% equity of Shenzhen Rose Technology Co., Ltd. (hereinafter referred to as 'Rose Technology') held by the said transferor for RMB 60 million by its own funds and bank loans. After the transfer, the company will hold a 100% stake in Rose Technology, and 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 technology LED display Industry segments the layout of the field.


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