Liu Peng acquired Seiwa Electric Mfg. Co., Ltd from Seiwa Electric Mfg. Co.,Ltd..
February 13, 2014 at 11:00 pm EST
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Liu Peng acquired Seiwa Electric Mfg. (Baotou) Co., Ltd from Seiwa Electric Mfg. Co.,Ltd. (TSE:6748) on November 13, 2013. Seiwa Electric Mfg. (Baotou) Co., Ltd. reported total assets of ¥56.9 million and total liabilities of ¥60.04 million for the quarter ending December 31, 2013.
Liu Peng completed the acquisition of Seiwa Electric Mfg. (Baotou) Co., Ltd from Seiwa Electric Mfg. Co.,Ltd. (TSE:6748) on November 13, 2013.
SEIWA ELECTRIC MFG. CO., LTD. is a Japan-based company mainly engaged in manufacture and sale of information equipment, lighting equipment, components and the provision of information services. It operates through three business segments. Lighting Equipment business is engaged in the development, manufacture and sale of industrial lighting equipment, road and tunnel lighting for general roads and highways, street lighting, landscape lighting and light emitting diode (LED) module parts. Information Equipment business is engaged in the manufacture and sale of river information display systems, tsunami information display systems, LED information displays, LED traffic lights and lithium-ion battery uninterruptible power supplies. Components business is engaged in the manufacture and sale of electromagnetic wave environmental components, wiring protection equipment and piping protection equipment. It provides mechatronics products, merchandise purchase and sales, and information services.