Guangri Shares plans to acquire Tianjia Parts to expand LED automotive lighting

Guangri shares announced on the evening of January 12 that the wholly-owned subsidiary Guangzhou Guangri Investment Management Co., Ltd. (“Guangri Investment Management”) signed the original shareholders of Changchun FAW Sihuan Tianjia Auto Parts Co., Ltd. (the target company). The Acquisition Cooperation Framework Agreement. Guangri Investment Management intends to acquire the equity of the target company in two phases.

According to reports, Changchun FAW Sihuan Tianjia Auto Parts Co., Ltd. operates in the automotive parts, sheet metal welding, mechanical equipment maintenance, non-standard testing machine design and manufacturing, construction machinery manufacturing; automotive parts, machine tools, For chemical products, the company's registered capital is 500,000 yuan.

According to the agreement, Guangri Investment Management plans to invest 33.6 million yuan, of which 25.69 million yuan is used to acquire part of the shares held by the original shareholders of the target company, and 7.91 million yuan is used to increase capital to the target company. After the completion of the acquisition and capital increase, the company will be awarded the target company. 70% equity. Thereafter, in 2016, under the premise that the original shareholders of the target company fulfilled the target performance of the target company, Guangri Investment Management or initiated the acquisition of the remaining 30% equity of the target company, and the acquisition valuation is not lower than the net profit of the main business of the 2016 target company. 8 times P/E.

Guangri shares said that the company intends to pass this acquisition and rely on the technical strength of wire and cable manufacturing and the research and development strength of LED automotive lighting systems by its wholly-owned subsidiary Guangzhou Guangri Electric Equipment Co., Ltd., with the automotive wiring harness system as the leading product. Expand LED automotive lighting systems to realize the extension of the company's LED lighting technology and products.

MOSO dimmable LED Driver is designed for various types of exterior or industrial LED lighting, including LED roadway lighting, LED street lighting, LED flood lighting, LED highbay lighting, LED high mast lighting, LED architecture lighting, etc. The driver is compliant to all 0~10V and PWM dimming controllers, dimming systems, and smart control systems.

 

All dimmable LED Drivers comes with compact size and IP67 protection. So the same driver can be used for independent or built-in a waterproof power supply chamber. There is no limitation of the IP rating of the luminaire housing.

 

Programmable LED DriverProgrammable LED Driver 1

The ProgrDimmable LED Driver operates in constant current model. There are two types dimmable LED drivers available in MOSO: 1) Programmable Dimmable LED Driver, or constant current dimmable LED driver.

 

A programmable dimmable LED driver can be monitored by an infrared-based programming device, to deliver different output current and voltage values to LED modules.  With one driver, you can use it for different light fixture designs. The fully programmed drivers offer all dimming options (0-10V/PWM/Timing
control/DALI) and a wide range of output current in a single driver, which
deliver maximum flexibility with customized operating settings and intelligent
control options for lighting manufacturers.
The Programmable dimmable LED drivers obtained many global safety certifications, including UL, CE, TUV, ENEC, CB, SAA, BIS, KC, etc,  they are compatible with the safety regulations in different countries.

 

A constant current dimmable LED driver will only deliver fixed output current, you are not able to change the Iout like a programmable driver. The driver is competible with 0-10V / PWM / DALI dimming prootcols.

 

The compact metal case and high efficiency enables the power supply to operating with high reliability, and extending product lifetime to at least 50,000 hours. Overall protection is provided against lightening surge, output over voltage, short circuit, and over temperature, to ensure low failure rate.

 

MOSO grants the product with 5 years global warranty. Customer can refer to Warranty policy, find the closest MOSO distributors or sales representatives, to get a local replacement in case of any failure. 


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