The subscription allring technology acquisition fund-raising date photoelectric executives "awesome"

Epitaxial expansion has become a common choice for many listed companies to become bigger and bigger. Million run technology today announced that the proposed price of 10.76 yuan / share issue is not more than 66 million 60 thousand shares, the total amount of funds raised not more than $710 million, will be used for the acquisition of 100% stake in the day of photovoltaic and supplement liquidity.

It is worth mentioning that, to participate in the private placement, including both technology executives and employee stock market platform, but also the underlying assets of executives, can be seen as a disguised form of equity incentive model.

According to the disclosure, the issue for Li Zhijiang, Luo Ming, Hao Jun, Du Yongjun, Derun, Tang Wei, Wang Lijun, Xinjiang win every day, preferably, DHC Hironobu Cazenove a total of 10 investors. Among them, Li Zhijiang will subscribe for 20 million 515 thousand and 200 shares, representing a total of 31.0554% of the total issued.

It is reported that Li Zhijiang is the chairman of the company's actual controller, the company, Luo Ming is the director and President of the company, the board of directors of the company, Hao Jun is vice president and Secretary of the board of directors, Tang Wei is on the actual controller, photoelectric chairman and general manager. According to the share purchase agreement, Mason technologies agreed in the delivery date after Tang Wei nominated as allring technology director, Tang Wei company as a natural association. Therefore, the company to Li Zhijiang, Luo Ming, Hao Jun, Tang Wei issued shares related transactions.

In addition, Derun win all partners are run technology and its subsidiary employees. Du Yong Jun Department allring technology subsidiary of Jin Wanrun (Beijing) general manager of Lighting Technology Co. ltd.. Wang Lijun for the day of the photoelectric shareholders, directors, deputy general manager. In this way, Wan run technology to achieve the company's executives and employees disguised equity incentive.

Statistics show that the Japanese optical LED advertising sign lighting is the domestic leader in the field, pioneered the development of intelligent LED advertising logo lighting system, remote control, maintenance and light brightness adjustment and a number of intelligent management. 2013 and the first half of this year, the company achieved net profit of 23 million 690 thousand yuan and $5 million 60 thousand, the transaction price of $390 million.

The parties to the transaction commitment, on 2014, 2015, 2016, photoelectric 2017 after deducting non recurring gains and losses attributable to shareholders of the parent company net profit of all were not less than 30 million yuan, 40 million 500 thousand yuan, 52 million 650 thousand yuan, 65 million 810 thousand yuan.

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