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Kingsun to Resume Trading on December 9

After a acting barter abeyance endure week, Kingsun Optoelectronic appear an advertisement bygone advertisement the aggregation had acquired 51% shares on led converter three lighting companies and will resume trading today, according to a address of cnstock.com. Three lighting companies mentioned in Kingsun’s advertisement are Lianhe Juchuang Technology（深圳聯合聚創科技發展有限公司）, YSH Lighting（中山市一聲喊照明燈具有限公司）and EMC（深圳萬城節能股份有限公司）. Companies complex had already active banal acquirement agreements. Kingsun does not accept any accord with the anew acquired companies, the aggregation said. Kingsun acquired the shares of the companies complex with beneath than RMB 300 actor (US$ 48.37 million) disinterestedness armamentarium afterwards basic planning, according to the announcement. The accretion shows Kingsun’s ambition to accommodate its after administration channels involving led dimmers lighting accessories and energy-saving products. It is account pointing out YSH Lighting, which basic articles are lighting accessories and home appliances, had a circumscribed acquirement of RMB 275 actor for January to October 2014, with alone RMB 100 actor registered capital. The accretion is accepted to strengthen Kingsun’s automated alternation and anatomy a bigger synergy for a greater bazaar allotment in led driver the future, Kingsun’s Board Secretary Zhu Duan said.