Foster the acquisition of the appropriate target of 150 million companies set up a smile investment

Roshow technology June 3rd announcement that the company held on June 1, 2015 the third session of the sixth meeting of the board of directors considered and adopted the "on the establishment of the investment company's motion", agreed that the company intends to use its own funds invested 150 million yuan to set up Zhejiang xingrun Cci Capital Ltd (tentative name, final approval of business registration name, hereinafter referred to as "the investment company").

Roshow technology said that this investment company is to speed up the pace of industrial upgrading and development, optimize the industrial structure, develop suitable acquisition targets, to promote the rapid development of the company. Investment companies will take advantage of the establishment of a professional team to integrate the advantages of resources to expand the relevant business. Investment company's main industrial investment, equity investment, investment management; asset management.

Roshow technology said that the establishment of the investment company, the company holds a 100% stake, a wholly owned subsidiary of the company, therefore roshow technology into the scope of consolidated financial statements, but in the short term financial and operating company will not have a significant impact, but also there is no damage to the company and small shareholder.

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