According to the disclosure, the underlying assets of the transaction include Dongshan Precision's large-size display business and touch panel business related assets. The above-mentioned business operations are all 100% directly or indirectly controlled by the company.
Among them, the large-size display business is part of the LED and display device business. Dongshan Precision has formed a large-size display business system through continuous investment of its own funds, including large-size backlight modules, large-size complete machines, computer displays and Related upstream sheet metal business; Touch panel business by the company in February 2014 through mergers and acquisitions, the new touch panel business.
However, the technology update of the touch panel industry is iterative and the demand for fixed assets is high. In order to realize the business strategy of focusing on the main business, Dongshan Precision plans to allocate core resources in the field of printed circuit boards that have developed rapidly in recent years. It is proposed to divest the touch panel business and dispose of related assets.
At present, Dongshan Precision has gradually formed three core business areas covering printed circuit boards, electronic devices and communication equipment. The products are widely used in consumer electronics, telecommunications, industrial, automotive and other markets. Selling large-size display services and touch panel business, Conducive to focusing on the development strategy of the main business.
Dongshan Precision said that if the asset sales can be successfully completed, it will further increase the proportion of the company's core business, and through the effective integration of assets, business and personnel, promote the efficiency of the company's operation and management and reduce the cost level, and improve the company's profitability. .