Guangdong Jianlongda Optoelectronics Technology Co., Ltd., which has become a shareholder of Dehao Runda through a block trade, has actively promised to lock the shares for 11 months, while Dehao Runda will acquire 100 billion yuan of its LED assets. Through several large transactions, Guangdong Jianlongda has held 16.16 million shares of Dehao Runda and became the company's third largest shareholder. Guangdong Jianlongda promised that 15 million shares will be locked in, and the lock-up period will be from the date of issuance of the letter of commitment to March 18, 2010. In addition, Taishan Runlong Co., Ltd., which has just increased its capital, will acquire all the fixed assets related to LED business in Guangdong Jianlongda and Enping Jianlong for RMB 10,704,200.
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