G20-LED Summit member company - Lianchuang Optoelectronics (600363) announced that the company's shareholding company Jiangxi Lianchuang Communications Co., Ltd. shareholder Jiangxi Electronic Group Co., Ltd. and Jiangxi Lianchuang Precision Electromechanical Co., Ltd. intend to transfer their holdings respectively Communication of 18% and 33% of the entire equity.
According to the Assets Assessment Report, the total equity value of Lianchuang Communication was RMB 35,833,600. The Group and Precision Electromechanical Co., Ltd. intend to determine the external transfer price of the total shareholder equity value of Lianchuang Communication as determined by the Assets Appraisal Report. The company decided to abandon the priority transfer of the equity.
Lianchuang Optoelectronics said that according to the company's development strategy and the company's continuous expansion of production and operation scale, fixed assets investment, external equity investment and other expenditures continue to increase, the need to invest a large amount of funds, so the company decided to give up the equity priority transfer rights.
Jiangxi Lianchuang Communication's business scope includes: development, production, sales, engineering services, technical consulting, and foreign investment in communication equipment, information systems, software, computer networks and other electronic products.
As of December 31, 2012, Lianchuang Communications had total assets of RMB 679.47 million and net assets of RMB 75.43 million. In 2012, it achieved operating income of RMB 303.98 million and net profit of RMB 25.29 million.
Lianchuang Optoelectronics said that the abandonment of equity priority transfer rights has not affected the company's shareholding in Lianchuang Communications.
According to the Assets Assessment Report, the total equity value of Lianchuang Communication was RMB 35,833,600. The Group and Precision Electromechanical Co., Ltd. intend to determine the external transfer price of the total shareholder equity value of Lianchuang Communication as determined by the Assets Appraisal Report. The company decided to abandon the priority transfer of the equity.
Lianchuang Optoelectronics said that according to the company's development strategy and the company's continuous expansion of production and operation scale, fixed assets investment, external equity investment and other expenditures continue to increase, the need to invest a large amount of funds, so the company decided to give up the equity priority transfer rights.
Jiangxi Lianchuang Communication's business scope includes: development, production, sales, engineering services, technical consulting, and foreign investment in communication equipment, information systems, software, computer networks and other electronic products.
As of December 31, 2012, Lianchuang Communications had total assets of RMB 679.47 million and net assets of RMB 75.43 million. In 2012, it achieved operating income of RMB 303.98 million and net profit of RMB 25.29 million.
Lianchuang Optoelectronics said that the abandonment of equity priority transfer rights has not affected the company's shareholding in Lianchuang Communications.
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