On the ground of the transfer of shares of LED screen manufacturer caiyida stake
Source: Date:2018-05-13

Yesterday (16) evening, KingSun shares (hereinafter referred to as "the company") announced that the company intends to Huatong Group Limited (hereinafter referred to as "Huatong Group"), Zheng Jian, Zheng Yong, Zhang Fenglian and company owned subsidiary of Beijing caiyida Technology Development Co. Ltd. (hereinafter referred to as "caiyida") signed the "investment agreement". You specify the main Huatong Group Zheng Jian and the main body, designated capital of caiyida, and after the completion of the capital to the company or its designated subject to transfer part of Zheng Jian caiyida equity matters agreement.

According to the announcement, the business scope of treasure caiyida European manufacturing large screen; technical services; commissioning, maintenance and leasing of electronic products; construction contract; professional contractor; Subcontractor; machinery sales of large screen, lighting appliances, computers, software and auxiliary equipment, electronic products, stationery, office.

Qinshang said, according to the "investment agreement" agreement, in the related party of caiyida capital and company related to the transfer of part of the shares after the company holds caiyida, caiyida equity ratio will decrease from 51% to 23%, caiyida will no longer serve as a subsidiary of the consolidated financial statements included in the.

LED more information, please click on the LED network or the WeChat public account (cnledw2013).

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