Product Maintenance

Crystalline electricity streamline the organizational structure, to merge 4 wholly owned subsidiaries.

Yesterday, (1) the resolution made four Epistar 100% JV Holding (BVI) Co., Ltd., UEC Investment Ltd., HUGA Holding (Ltd.) and HUGA, a simple merger.

Jing Electric said that the four companies were all subsidiaries of crystalline electricity 100%. In order to bring the group into full play, the subsidiary companies would be merged under the common control of the British Virgin Islands according to the relevant laws of the British Virgin Islands.

Jing Electric said that the original cost of the three companies to eliminate the original company was $236623982, replacing the remaining company Epistar JV Holding (BVI) Co., Ltd.'s share of 10 thousand US dollars in total 23662 shares to the 10 thousand company's only legal shareholder of the company, including UEC Investment Ltd. renewal of the company's new shares 6730 shares; HUGA Holding (Holding) Limited reissued 2785 shares of the remaining company's shares, and Bee Rich Corporation renewed 14 thousand and 147 shares of the remaining company's shares. The four in one case came into effect yesterday.

 

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