Feile sound announced the progress of the acquisition of OSRAM lighting business

Shanghai Feile Audio Co., Ltd. announced on September 10 that the second meeting of the tenth session of the Board of Directors was held on July 21, 2015 and reviewed and approved the company's non-binding letter to Osram for the acquisition of its lighting business. The management of the company leads the preparatory work in the early stage and the next transaction process. On July 22, 2015, the company officially submitted a non-binding letter to Osram of Germany to acquire its lighting business. Recently, the company officially hired Hongkong and Shanghai Banking Corporation Limited (hereinafter referred to as HSBC) as the exclusive international financial advisor for the company's acquisition of OSRAM Lighting Business. The company will carry out the next specific work together with the exclusive international financial consultant HSBC according to the progress of the project, and will disclose it according to the progress of the project in a timely manner.

Basic Chrome Sulphate

Chromium(III) sulfate usually refers to the inorganic compounds with the formula Cr2(SO4)3.x(H2O), where x can range from 0 to 18. Additionally, ill-defined but commercially important "basic chromium sulfates" are known. These salts are usually either violet or green solids that are soluble in water. It is commonly used in tanning leather.
Since 33% of the anion charges are due to hydroxy ions the basicity is 33% (but in tanning jargon it is known as 33% reduced). Products with higher basicities, e.g. 42% or 50% may be obtained by the addition of sodium carbonate, these are often used in combination with Sodium Formate. The sodium sulfate is often left in the technical product since it is inert with respect to the tanning process. It is important to fully reduce the hexavalent chromium to trivalent since the hexavalent is more likely to cause health problems for tanners and leather consumers.

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