Due to the needs of rapid development, Shenzhen jinhangbiao Electronics Co., Ltd. has wholly acquired the antenna division of Dongguan Lixin packaging factory. Because the existing experimental test equipment and factory production line can not meet the needs of the sales front, in order to expand production capacity, kingholm company can further improve the strength of the company after acquiring the antenna business unit in December 2018.

The "kinghelm" brand series products launched by golden beacon company are widely used in satellite navigation, location services, Internet of things, smart city and new energy vehicles, logistics information monitoring and settlement and other fields. In particular, the rubber rod antenna, communication antenna and other products developed and produced have the characteristics of stable performance, fast delivery speed and high cost performance in the industry, and have a very large sales volume.

The electronic business department of Dongguan Lixin packaging factory was established and operated in 2013, managed and operated by Mr. Mao Zhihu and Mr. Xiao Shiqun. Mr. Xiao Shiqun has many years of management experience in the electronic industry and has held management positions in Dongguan Youbi Electronics Co., Ltd. and Dongguan zhongkexun Communication Co., Ltd.

This acquisition enables the existing laboratories, production lines and personnel of jinhaibiao kingelm company to be merged with Lixin electronics division, which can achieve the effect of complementary advantages. The team of golden navigation mark company has become stronger, the company's products have become more diversified and its resources have become more abundant.

Mr. Song Shiqiang, general manager of jinhaibiao, said that the acquisition is very pleasant and is also a very important step for future development. In the future, we will continue to strengthen the acquisition and acquire more companies in upstream and downstream related industrial chains, so as to prepare for the expansion, strength and listing of jinhaibiao company