On January 26th, Dehao Runda issued the "Notice on Termination of Equity Acquisition and Planning for Major Asset Restructuring Suspension", saying that the company suspends the original acquisition of LED lighting products distribution industry assets, and has reached an acquisition intention with ten related companies. The company believes that the merger and acquisition of LED lighting manufacturing business is more in line with the overall layout of the company's future industrial development. On January 26th, Dehao Runda issued the "Notice on Termination of Equity Acquisition and Planning for Major Asset Restructuring Suspension", saying that the company suspends the original acquisition of LED lighting products distribution industry assets, and has reached an acquisition intention with ten related companies. The company believes that the merger and acquisition of LED lighting manufacturing business is more in line with the overall layout of the company's future industrial development. As a result, the company decided to initiate a merger of an LED lighting manufacturing asset, while the company decided to terminate the planned acquisition of a major equity acquisition of the LED lighting distribution company. At present, the company has signed an acquisition intention agreement with the counterparty of the LED lighting manufacturing assets. Dehao Runda shares will continue to be suspended from the market on January 26, 2018.
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