Lianjian Optoelectronics intends to jointly establish a cultural media mergers and acquisitions partnership

On June 24, 2014, Lianjian Optoelectronics announced that the company intends to jointly establish a cultural media M&A partnership with Shanghai Liuhe Investment Management Center (Limited Partnership) to provide services for the company's industrial integration. The size of the partnership does not exceed RMB 400 million. yuan. As a sub-limited limited partner of the partnership, the company's capital contribution accounts for 20% of the total investment of the partnership.

Lianjian Optoelectronics said that the company and Shanghai Liuhe jointly initiated the establishment of a cultural media mergers and acquisitions partnership, in order to enlarge the company's investment capacity by utilizing the resources and financing advantages of Shanghai Liuhe, and promote the establishment of new partnerships to participate in the company. The relevant projects to achieve strategic development will take the media industry target selected by the company as a priority investment target, and accelerate the growth of the company with the help of professional institutions such as Shanghai Liuhe in the form of industrial integration and mergers and acquisitions.

Lianjian Optoelectronics said that in the future, the company will consider looking for a partnership partner with resource advantages and investment professional team according to the capital needs of the company's investment projects, and jointly set up a 500 million yuan with reference to the model of the partnership. The large-scale partnerships promote the company's industrial integration and expansion, and accelerate the company's strategic development and continued growth.

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