Depu Technology raised HK$1.9 million to pay for the proposed acquisition of LED business
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The Placing Warrants are expected to raise a net proceeds of approximately HK$1.9 million. Depp will be used to finance the funds and general working capital required to finance the proposed LED business.
Depu Technology announced on May 31 that it has entered into a non-legally binding memorandum of understanding to acquire 100% interest in Guanglian Technology. The target company is mainly engaged in research and production of semiconductor parts and lighting accessories, as well as production, assembly and processing in the Mainland. LED light business. 