On January 18th, Yuanrong Technology officially issued 579.14 million shares at the price of 12.42 yuan per share at the New Third Board. The price was 718.45 million yuan to acquire Jason Electric, which was held by Zhang Guohua, Liang Liping, Wu Shuai and Shanghai Jiuba. 43.57% of the shares, after the completion of the transaction, Jiesheng Electric became a holding subsidiary of Yuanrong Technology.

According to the announcement, in this stock issue, Zhang Guohua subscribed for a share of 26.92% of Yuanrong Technology with its 15.92% stake in Jiesheng Electric; Liang Liping subscribed for 7.96% stake in Jiesheng Electric to subscribe for Yuanrong Technology 1311.68 10,000 yuan of shares; Wu Shuai subscribed for 803.41 million shares of Yuanrong Technology with its 4.87% stake in Jiesheng Electric, and Shanghai Jiubi subscribed for 24.42% of Yuanrong Technology with its 14.82% stake in Jiesheng Electric. yuan.

The data shows that Yuanrong Technology (Yuanrong Optoelectronics Technology Co., Ltd.) was established on December 30, 2010. Its main business is the development, production and sales of full-color LED epitaxial wafers and chips; production and sales of LED lighting. Products, LED backlights and LED displays, LED drive power and control systems; LED chip packaging and sales, LED application technology development and application services, contract energy management. After the completion of the stock issuance, Yuanrong Technology will strengthen the research and development, production and sales of epitaxial wafers and chips in the deep ultraviolet LED field.

The acquired company Jiesheng Electric (Qingdao Jiesheng Electric Co., Ltd.) was established on August 14, 2001. It mainly produces and sells LED deep UV extension chips, chips and application products.

The company is a brokerage company of Guotai Junan Securities and the legal consultant is Beijing Kangda Law Firm.

Low Voltage SWA Armored Cable

Low Voltage SWA Armored Cable, also known as Steel Wire Armored Cable, is a type of electrical cable that is used for the transmission of low voltage electrical power. It is commonly used in applications where the cable needs to be protected from mechanical damage, such as underground installations or in areas with high levels of physical stress.


The SWA Armored Cable consists of multiple conductors, usually made of copper or aluminum, which are insulated and then wrapped in a layer of steel wire armor. The steel wire armor provides protection against external forces, such as impact or crushing, and also acts as a grounding conductor.

The cable is typically designed for voltages up to 1000 volts and is available in various sizes and configurations to suit different applications. It is commonly used in industrial, commercial, and residential settings for power distribution, lighting, and control systems.

Some of the key features and benefits of Low Voltage SWA Armored Cable include:

  • Mechanical Protection: The steel wire armor provides excellent protection against physical damage, making it suitable for installations in harsh environments or areas with high levels of mechanical stress.
  • Electrical Protection: The armor also acts as a grounding conductor, providing protection against electrical faults and ensuring safe operation.
  • Durability: The cable is designed to withstand extreme temperatures, moisture, and UV exposure, making it suitable for both indoor and outdoor installations.
  • Easy Installation: The armored construction of the cable makes it easy to handle and install, reducing installation time and costs.
  • Versatility: The cable is available in various sizes and configurations, allowing for flexibility in design and installation.

Overall, Low Voltage SWA Armored Cable is a reliable and durable solution for low voltage power transmission, offering excellent mechanical and electrical protection. It is widely used in a range of applications and environments, providing a safe and efficient electrical system.

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