Unilumin Technology acquires Lamp Technology for RMB 68 million to improve competitiveness in the LED market segment

On the evening of September 30, Unilumin Technology (300232) announced that in order to implement the corporate strategy of expanding and strengthening the company's main LED display business, and further improve the company's competitiveness and market share in market segments such as small-pitch products and overseas high-end rental LED screens, it will leverage the existing project resources and business network advantages of Shenzhen Lamp Technology Co., Ltd. to create competitive advantages in market segments through synergy. The 21st meeting of the company's second board of directors reviewed and approved the proposal to acquire 100% of the equity of Lamp Technology with the company's own funds.