Acquisition of OSRAM lighting stranded? Audio and HSBC termination of the trust

Shanghai Feile acoustics morning bulletin, tenth session of the second meeting of the board of directors held on July 21, 2015 and approved by the company issued a non binding letter of the acquisition of its lighting business to OSRAM, and the Licensing companies management led the preparation work and the next step of the exchange process. In July 22, 2015, the company formally submitted to OSRAM, Germany, the acquisition of its lighting business non binding letter. In September 10, 2015, the company announced a formal Hong and Shang Hai hired The Kong Banking Corporation Limited (abbreviation: HSBC) and Hongkong and Shanghai Banking Corporation Limited (hereinafter referred to as HSBC) as the sole international financial advisor to the company's acquisition of OSRAM lighting business project.

Recently, the company signed a letter of termination with HSBC, HSBC no longer serve as exclusive financial advisor to the company's acquisition of OSRAM lighting business projects.

Related to the acquisition of OSRAM lighting business projects in Germany, the company will be disclosed in accordance with the actual situation in accordance with the law in a timely manner.

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