Qian Zhao Optoelectronics Intends To Acquire The Blue Brand Semiconductor, And The Transaction Price Has Not Yet Been Disclosed.

- Sep 17, 2018-

Yesterday (16) evening, Qianzhao Optoelectronics announced that the company is planning to buy the controlling rights of Zhejiang Bolante Semiconductor Technology Co., Ltd. (hereinafter referred to as "Bolante") by issuing shares and paying cash, and will raise supporting funds.——LED lighting


The counterpart of this transaction is Xu Liang, Liu Zhongyao, Jinhua Shengtong Investment Partnership (Limited Partnership), Jinhua Boyuan Investment Partnership (Limited Partnership), Suzhou Baosi Lan Investment Management Partnership (Limited Partnership), and other five Bolant shareholders. At present, Qianzhao Optoelectronics has reached a preliminary framework agreement with them. Among them, three limited partnership enterprises are the ESOP platforms of the target company.——LED lighting


At present, Qian Zhao photoelectric has not disclosed the share price and price of the proposed acquisition. However, the announcement suggests that the listed company may be interested in a wholly owned acquisition: under the terms of the framework agreement, the five shareholders agreed and promised to actively facilitate the transfer of their shares to the listed company by other shareholders of Borant.——LED lighting


According to the data, Borant was founded in 2012 in Zhejiang Province with a registered capital of 118 million yuan. Its business scope is "semiconductor lighting substrate, epitaxial and chip, polishing chip, laser crystal, semiconductor devices, electronic components, optoelectronic devices, semiconductor lighting detection equipment, automation equipment and industrial robots" Research, production and marketing of semiconductor components such as R & D, production and sales.——LED lighting


In addition, Borant Semiconductor, formerly known as Zhejiang Dongjing Borant Optoelectronics Co., Ltd., now has 19 shareholders. It was a holding subsidiary of Dongjing Electronics, a listed company, established in 2012, mainly engaged in the R&D, production and sales of large-scale sapphire plain films and graphical sapphire substrates. Toshiba Electronics includes Brent when it sells sapphire-related subsidiaries in 2015 and 2016.——LED lighting


In November 2015, Dongjing Electronics transferred all of its shares in Brent to other countries. The next offer was Jinhua Deshengtong Investment Partnership (Limited Partnership), Jinhua Tianfuyun Technology Co., Ltd., Xu Liang and Liu Zhongyao.——LED lighting


Since then, blot continued to lease Dongjing electronics factory, the rent is 1 million 100 thousand yuan / year. In 2017, Brent plans to expand production further by buying the plant from Dongjing Electronics, with a transaction price of 49 million yuan.——LED lighting



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