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It is reported that the total price of listings on the plot is 120.585 million yuan. Alto Electronics said that the land purchased will be used in high-end LED video display system projects, in line with the company's long-term development plan. 
Alto Electronics spent 10 million yuan on state-owned construction land to obtain land certificate
On August 16, Alto Electronics announced that its wholly-owned subsidiary Huizhou Alto Electronic Technology Co., Ltd. signed a land of 28,238 square meters in Huishuihe Industrial Park, Huizhou Dayawan West District on May 11, 2011 with Huizhou Land and Resources Bureau. The "State-owned Construction Land Use Right Transfer Contract". Recently, Huizhou Alto received the state-owned land use certificate issued by Huizhou Municipal People's Government.