LED company

To share the LED company
Although the LED industry is facing the problem of excess production capacity, but did not reduce the development of the Great Wall ( 000021) and LED industry enthusiasm, the company 13 days notice, the company directly holding 44% of the shares the company developed crystal quasi strategic investment of $25000000 to $1.3847 a share subscription, issue of BridgeLux series E-1 preferred shares of 18054452 shares, holds 7% of its equity.

At the same time, under certain conditions, development of crystal exercise warrants, which are entitled to $0.25 into more than 13301700 shares of common stock shares, the total share capital of not more than BridgeLux (including expected debt to equity card stock) 5%.

Prior to the announcement of a trading day, the development of the Great Wall and the stock closed at 5.71 yuan, or 1.06%.

According to the announcement, Bridgelux in 2002 in the United States of America Delaware incorporated, headquartered in California.

The company mainly engaged in LED chip, package and optical module product R & D, manufacturing and sales operations. 2011, 2010, 2009 Bridgelux net profit respectively - $79573000 ( Unaudited), - $49004000, - $18860000. The Great Wall development said, through a strategic investment in BridgeLux, which enables companies to quickly enter the LED package, it is chance with this, accelerate group in the field of LED lighting industry chain strategic layout.