Jinan Huisheng Investment Partnership agreed to acquire a 5% stake in MLS Co., Ltd from Sun Qinghuan for CNY 610 million.

MLS Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and distribution of light emitting diodes (LED) packaging and application products. The Company’s main products include LED lamps, Surface Mounted Devices (SMD) series and LED applications, among others. The Company's products are mainly used in indoor and outdoor lighting, lamps, landscape lighting, home electronics, traffic signals, flat panel display and lighting engineering. The Company distributes its products in domestic market and to overseas markets.