FSL 12 million yuan transferee QL trademark

FSL 16 announcement, the company intends to transfer the price of $12 million overseas legal person shareholders Chang lighting equipment Co., Ltd. holds a 60% stake in Foshan Chan Chang lighting equipment Co., Ltd. QL trademark.

Yu Chang light holds a total of 73394034 shares of the company shares, representing the company's total share capital of 10.50%, while holding a stake in Foshan Zen Chang of 60%.

Foshan Zen Chang has the "QL" trademark to use in June 9, 2010, the company has handled its extension procedures. The value of the trademark valuation of 13 million 199 thousand and 900 yuan, the actual transfer price of $12 million.

The company said that the Transferee "QL" trademark can be used to solve the problem of trademark related transactions, so that the company has a trademark ownership, and further standardize the company's daily operations management. The "QL" trademark products are mainly used in automobile and motorcycle lamp lights and halogen lamp, special light source, by the transferee of the trademark can use its existing brand resources and market influence, increase the company's product sales channels, expand market share.