Read: Recently, Siemens Canada Ltd. announced that its wholly-owned subsidiary, Siemens Ontario Acquisition Co., Ltd. has successfully completed the acquisition of RuddCom's ordinary outstanding shares of Canadian data communications network system manufacturer. The purchase price is 33.00 per share. Canadian dollar.

The portfolio of Siemens Industrial Ethernet network components enjoys an above-average growth rate. Before this, Siemens' production base in this field was mainly in Europe. Roger's product portfolio is undoubtedly an ideal complement to Siemens' Industrial Ethernet communications product line, further enhancing the supply of Siemens industrial routers and switches. Wang Haibin, general manager of Industrial Automation Group of Siemens (China) Co., Ltd., said: "This acquisition will undoubtedly increase the awareness of Siemens in the Chinese market. The product lines of Roger and Siemens will also be in the next few years. Further development within."

The transaction successfully acquired 12,556,180 ordinary shares. With the acquisition conditions fully met or agreed to waive, Siemens Ontario Acquisition Co., Ltd. has promised to pay all the ordinary shares it has acquired. At present, the shares owned by Siemens Ontario Acquisition Co., Ltd. account for approximately 97.6% of the total outstanding shares. According to the support agreement between Siemens and Rogersang signed on January 27, 2012, Luo Jiekang's board of directors (and members of the board of directors) will be reorganized and Siemens will assign certain new directors to the board of directors to make it The shareholding ratio with Siemens is quite the same.

The acquisition of ordinary tradable shares that failed to be traded due to the mandatory acquisition terms in the Ontario Commercial Company Law, Siemens also hopes to get into the bag as soon as possible. In addition, Siemens also hopes that the company's common stock will be delisted from the Toronto Stock Exchange as soon as possible, thus eliminating the need to regularly report to investors based on relevant securities laws.

Luo Jiekang is a leading provider of industrial Ethernet communication products and network solutions. In fiscal year 2011, Roger Kang's annual revenue reached approximately US$94 million. It has approximately 360 employees and is headquartered in Concord, Ontario, Canada. Luo Jiekang products are mainly used in harsh environmental conditions, such as power distribution, petroleum refining processes or traffic control systems.

About Siemens in China:

Siemens is a global leader in the field of electrical and electronic engineering. Its main business is concentrated in the four business areas of industry, energy, healthcare, infrastructure and cities. In the past 140 years, Siemens has been making unremitting efforts to cooperate fully with China with its innovative technology, superior solutions and products, and has been widely recognized for its continuous innovation, superior quality and reliable reliability. In fiscal 2011 (October 1, 2010 to September 30, 2011), Siemens’ total revenue in China reached 6.39 billion euros (excluding OSRAM and Siemens IT Solutions and Services Group). Today, Siemens employs approximately 30,000 people in China, establishes 16 R&D centers, 65 operating companies, and 65 regional offices*. It has developed into an integral part of the Chinese economy, and sincerely cooperates with China to work together. Committed to achieving sustainable development. *The above data refers to Siemens' consolidated financial statements in China.

As one of the world's leading suppliers, Siemens Industrial Services provides industrial customers with innovative, environmentally-friendly products and solutions. With complete automation technology and industrial software, solid industry market expertise, and technology-based services, the industrial business field helps customers increase productivity, efficiency, and flexibility. The Siemens Industry Business Area is able to provide globally unique automation technology, industrial control and drive technology as well as industrial software that can meet all the needs of production companies and cover the entire value chain – from product design and development to product production, sales and service. At the same time, we can also provide specialized and customized services tailored to our customers' unique markets and needs, so as to maximize the benefits for our customers. Through the use of advanced software and automation technology, it is possible to shorten the time to market for products by up to 50%, and at the same time drastically reduce the energy costs and sewage treatment costs of production companies. Therefore, with its energy-saving products and solutions, Siemens' industrial business field can greatly increase the market competitiveness of its customers and make important contributions to environmental protection.

Siemens Industry Automation Group offers a wide range of automation systems, industrial control and industrial software products and systems, as well as comprehensive industrial solutions designed to help customers in the production and process industries to produce more quickly, efficiently and flexibly. Its advanced technology and expertise can provide products and solutions for the automotive industry to the water/sewage treatment industry. As an industry-leading automation specialist and industrial software supplier, Siemens Industry Automation has optimized the entire production chain, from product design and development to product production, sales and service. By helping customers in production and process industries achieve digital, seamless integration of production, management, and maintenance processes, their software solutions can significantly reduce costs, accelerate time-to-market, and reduce time to market by up to 50%. The Industrial Automation Group consists of five business units, covering areas such as automation systems, control products and systems business engineering, sensors and communications, product lifecycle management software, and water treatment solutions.

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