Tongfang Industrial Holdings 100 million shares shares accounted for more than half as big headed"

With the same side of the shares issued 24 foreign investment projects progress announcement. Notice that the company (hereinafter referred to as the "company") was held in 2014 first extraordinary general meeting on July 11, 2014, passed the "on the conditional investment Neo-Neon Holdings Limited agreed to a wholly owned subsidiary of the motion" and "on the general meeting authorize the board in the achievement of this exchange according to the conditions of the transaction to decide whether to make a progress and adjust the investment industrial program motion". As of the date of the announcement, THTF ES holds a total of zhenminglee 1,00692690 shares, accounted for 51.60% of the total share capital.

Announcement shows that the shareholders agreement is satisfied in the enclosed condition, exempt from the subscription agreement and offer a comprehensive compulsory exemption related prerequisites, agreed to subordinate wholly-owned subsidiary company of THTF Energy-Saving Holding Limited (hereinafter referred to as the "THTF ES") at $0.9 / share subscription price of Neo-Neon Holdings Limited (hereinafter referred to as "Neoneon") intends to issue 1 billion new shares (HK $0.1), the total subscription price of HK $900 million, and agreed to complete the share subscription to zhenminglee related shareholders and the option holder issued a general offer. If the full implementation of the tender offer, the offer price of HK $0.9 per share to shareholders Neoneon offer shares and $0.0001 / share acquisition options, is expected to purchase amount not exceeding $548 million.

The general meeting of shareholders to the board of directors of the Licensing companies, or to the practicable by the company authorized by the board of directors chairman, in the condition of achievement exchange when deciding whether to invest and adjust trading scheme, and according to the relevant regulations in trade and Hongkong, that "the conditions attached to 1, the actual control of Mr. Fan Banghong zhenminglee and concerted action signed irrevocable letter of commitment among industrial exempt investment motion, promised to offer a comprehensive will not sell or transfer all of its holdings of equity, will not accept any offer full equity it holds". If you agree to waive the conditions attached 1, the amount of the tender offer THTF ES will not be expected to exceed HK $876 million.

In August 1, 2014, THTF ES has been in accordance with the price of HK $0.9 / share subscription of new shares to its Neoneon issued 1 billion shares (HK $0.1), the total subscription price of HK $900 million. After the completion of the subscription, THTF ES holds 51.56% of the total share capital after the completion of the issuance of equity neoneon.

In August 25, 2014, THTF ES issued a general offer to shareholders Neoneon notice, HK $0.9 per share to shareholders zhenminglee offer shares and $0.0001 / share acquisition options, the deadline for acceptance of the offer in September 22, 2014. As of September 22, 2014, THTF ES offer a comprehensive way through buying Neoneon stock 692690 shares, the acquisition amount of HK $623421.

As of the date of the announcement, THTF ES holds a total of 1 industrial, 00692690 shares, accounting for 51.60% of its total share capital.

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