Industry expands to electronic consumer goods market, North Glass shares buy Dongguan Heng He Chang company's business.

Dongguan Henghe Chang Glass Co., Ltd. has advanced technology in the electronic glass and touch industry, and has a leading position in the local market. After the acquisition of equity, the new company will focus on the development, production and sales of special glass, touch glass and electronic glass.

The announcement indicates that the cooperation of the parties can achieve the extension of the glass processing industry chain, extending from the super size and high intensity energy-saving building glass and automobile glass technology to the full size ultra thin and high-strength multi-functional electronic glass technology, forming a new pattern of mutual promotion, collaborative research and development, complementary advantages, and so on. It is beneficial to promote the development and automation of domestic electronic glass processing equipment, which is beneficial to the promotion and development of new technology and technology leading in the deep processing industry of electronic glass. This investment will have a positive impact on the future financial situation and business results.

Taking this transformation and upgrading, North glass will accelerate the layout of new industries in glass deep processing. In 2015, North glass was set up in Shanghai, North Glass automation, merger and acquisition of Shenzhen Zhen Xing, and the 4 layout of glass deep processing industry was basically completed. Industrial investment fund has also been set up, and its investment scope has expanded to new industries such as energy conservation, environmental protection and new materials. In 2016, beibon added capital to hold Beijing Hui Long, and its new silicon nests are renewable materials. It is a new green building material and industrial material advocated by the state.

The acquisition of Guangdong beiglassy Electronic Glass Co., Ltd. is a measure of the north glass extension industrial chain, which will be synergistic with the original industry, and has a positive significance to the promotion of new technology and new technology.