NVC Lighting (02222) is currently up 10%, reported at 0.99 yuan, the intraday high is 1.01 yuan, a record high of nearly half a year; active buying 79%; turnover of about 5.6 million shares, involving 5.35 million yuan. On the evening of March 14, NVC Lighting announced that the company announced that it has entered into a non-binding cooperation framework agreement with the major shareholder Wang Donglei and its Guangdong Dehao Runda Electric (Deep: 002005), which is intended to include The manufacturing of the Mainland lighting products, including the entire share capital of Huizhou NVC Optoelectronics, is sold to the above two contractors. The transaction price is subject to evaluation by the auditor or appraiser and further negotiated by the parties. The specific scope of the underlying assets will be further negotiated by the parties. The purchase price of the underlying asset will be based on an assessment of the underlying asset by a company-approved Hong Kong auditor or appraiser. The final purchase price will also be determined by the parties in further negotiation. According to the announcement, Dehao Runda is principally engaged in the production and sale of small household appliances and LED products. As of the date of this announcement, Dehao Runda indirectly holds approximately 24.3% of the issued share capital of the company and is a substantial shareholder of the company. Mr. Wang Donglei is an executive director and chairman of the board of directors of the company. He indirectly holds approximately 16.57% of the issued shares of Dehao Runda and is the major shareholder and actual controller of Dehao Runda. NVC Lighting said that in the past two years, due to the continuous rise of some metal raw materials, components and labor costs, the profit margin of lighting products manufacturers has been compressed. In order to enhance its core competitiveness and achieve sustainable development, the company has formulated a strategy of gradually transforming from manufacturing to channel-based enterprises in 2018. The potential sale under the cooperation framework agreement can reduce the proportion of manufacturing operations in the group and is therefore in line with the Group's development strategy and long-term interests. Wire Feeding Roller is part of the spraying system. Wire Feeding Roller,Welding Wire Feed Roller,Wire Feeder Roller,Wire Feed Drive Roller Shaoxing Tianlong Tin Materials Co.,Ltd. , https://www.tianlongspray.com