Dry according to the proposed transferee 24.65% stake in Nanchang Kai Xun total of 80 million!

Changelight yesterday (17) evening announcement, consider the company's strategic planning based on the needs and business development, the company intends to Nanchang Hongseong capital investment enterprises (limited partnership) signed the "equity transfer agreement", held by the transferee Nanchang Kaixun Electronic Co. Ltd (hereinafter referred to as "Nanchang Kingsure") 24.65% the transfer of shares, totaling 80 million yuan.

Nanchang Kingsure was founded in 2015, its business scope includes: compound semiconductor solar cell wafer, chip design, development, production, sales and technical services; LED epitaxial wafer, chip development, production, sales and technical services and product application system engineering installation, commissioning and maintenance technology of electronic products; the development, technical consulting, technology transfer, technical services; self and agent all kinds of goods and technology import and export business.

According to the announcement, Nanchang 2016 annual operating income was fast to 0, net profit of -7590356.00 yuan. As of December 31, 2016, the total assets of Nanchang Kai Xun 316 million 318 thousand and 600 yuan, net assets of up to $156 million 553 thousand and 900.

Nanchang Kay main financial indicators

Changelight said, the strategic layout and development goals of the transaction to achieve the main business bigger and stronger, is conducive to the coordinated use of technical advantages, market advantages, further expand the scale of sales, to seize market share, improve profitability, promote the company's rapid and steady development, enhance the company's overall operating results.

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