Deep Sangda denied taking over the CEC billion LED project

On April 15, Shen Sangda announced that it would rumor that it would take over the CEC billion LED project. The controlling shareholder and actual controller of the company currently do not have the intention to make large-scale investment in the company's LED industry. There is no major restructuring, acquisition or issuance of shares in the company. It also promises not to plan the same thing within three months. It is expected that the net profit realized by Q1 in 2010 will decrease to a certain extent compared with the same period of 2009.

Recently, the company and General Electric Lighting Co., Ltd. and other units have cooperated in the production and sales of LED lighting products, mainly for the production of LED lighting products for GE lighting processing, and sales in some markets in China. Whether the future can make progress depends on the specific Factors such as orders. Overall, as it is still in its infancy, it is expected to have no significant impact on the company's recent operating results.

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