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248 million! Riyadh intends to acquire 100% stake in kimisawa lighting

Today (2) afternoon, Riyadh announcement that the company intends to cash 248 million yuan acquisition of Xinyu high tech Zone Jun Chen investment management partnership (limited partnership) (hereinafter referred to as "Jun Chen investment"), Xinyu high tech Zone Jun Ling Investment Management Center (limited partnership) (hereinafter referred to as "Jun Ling investment", and Jun Chen investment collectively "Transferor") holds a total of Hunan linkconn Lighting Design Engineering Company Limited (hereinafter referred to as "kimisawa lighting" or "the company") 100% stake.

Among them, one of the other investors in the transaction will be 170 million yuan stake in the transfer of its acquisition, all used to block the purchase of a large number of shares in the transaction or auction transactions. Kingroad lighting 2016 operating income 70 million 921 thousand and 200 yuan, net profit of 10 million 666 thousand and 900 yuan.

According to the trading arrangements and the parties fully agree, corporate investment, and investment, Changsha Chen Jun Jun Ling Mau business consulting firm (limited partnership) (hereinafter referred to as "Changsha Mau"), Xiao Chengjun, Zhou Ling and kimisawa lighting in March 2, 2017 signed the "equity acquisition agreement".

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