Wanrun Technology announced on the evening of August 3 that it plans to use 30 million yuan of its own funds to invest in Zhongshan Ouman Technology Lighting Co., Ltd. Among them: 2.8205 million yuan was subscribed for new registered capital, 27.1795 million yuan was included in the capital reserve, and equity transfers were carried out among the original shareholders of Auman Technology at the same time. After the completion of this capital increase and equity transfer, Wanrun Technology holds 22% of the equity of Auman Technology.
According to data, Auman Technology is mainly engaged in LED high and low voltage light strips, LED commercial lighting and landscape lighting products, and is a major customer of Wanrun Technology’s LED packaging devices. In the first half of 2015, Auman Technology achieved operating income of 47,087,913.11 yuan and net profit of 2,283,255.55 yuan.
The original shareholders of Auman Technology jointly promised that Auman Technology should achieve the following business goals: net profit of no less than RMB 15 million in 2015; net profit of no less than RMB 19.5 million in 2016, and a net profit growth rate of 30% year-on-year in 2015; net profit in 2017 of no less than RMB 25.35 million, and a net profit growth rate of no less than 30% year-on-year in 2016.
Wanrun Technology stated that the company's investment in Auman Technology using its own funds will help stabilize, consolidate and deepen the partnership with Auman Technology in the upstream and downstream of the LED industry chain, improve the industry chain, drive the digestion of packaging production capacity, form a scale advantage, further increase the market share of the company's packaging devices, and enhance profitability; it will help further enrich the company's external investment methods and increase investment income.
ANNA