Fu day electronics over 200 million sold two stake in the company, affecting profits and losses 130 million

Yesterday (14) evening, Fujian Futian electronic Limited by Share Ltd (hereinafter referred to as "Futian Electronics" or "company") issued a notice. The sixth board of directors held the eighth ad interim meeting in 2018 and the sixth session of the board of supervisors in 2018 at the second temporary meeting, which examined and passed the "transfer of Fujian Fushun Microelectronics Limited". The company's 30% equity interest and related party motions "and the motion on the transfer of the 100% stake and related party transactions of the Fujian Fuli electronic parts Co., Ltd.".

According to the bill, the company and its wholly owned subsidiary, Fujian FuYe Industrial Development Co., Ltd. (hereinafter referred to as "Fuye industrial") will transfer the 30% rights agreement of Fujian Fushun Microelectronics Co., Ltd. (hereinafter referred to as "Fushun micro company") to cash and electronic information in Fujian with cash of 152 million 588 thousand and 970 yuan and 61 million 297 thousand and 400 yuan respectively. Group) limited liability company (hereinafter referred to as "information group"), will be held in Fujian Fuzhou electronic parts Co., Ltd. (hereinafter referred to as "Fuyu company") 100% equity transfer agreement to Fujian and Ge Industrial Group Co., Ltd. (hereinafter referred to as "and Ge industrial").

According to the announcement, Fu Shun micro company is Fuzhou electronics shareholding company, the company holds 30% stake. Fu Fu company is a wholly owned subsidiary under the control of Futian industries. Information group is the indirect controlling shareholder of the company, and Ge industry is a wholly owned subsidiary under the control of information group. After the completion of the transfer, the company no longer holds a stake in Fuzhou Shun micro company, and Futian Industrial Holdings no longer owns the company.

Fu Sun Electronics said that if the above two equity transfers were successfully completed, it is expected to affect the company's profit and loss of about 130 million yuan. After the completion of the transaction, it will help the company concentrate its resources on the development of the main businesses such as mobile communications and LED photoelectric, and continuously enhance the competitiveness and market position of the core industries of the listed companies. At the same time, this transaction provides financial support for the company's future development, and helps the company to become bigger and stronger in its main business. It helps to enhance the company's ability of sustainable development and profitability.

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