Invested 17 million 110 thousand! The holdings of 24 million 600 thousand shares of NVC

Yesterday (19) evening, the announcement, a wholly owned subsidiary of Elec-Tech International (Hongkong) Co. Ltd. (hereinafter referred to as the "Hongkong BDO international") in July 18th through the venue of the way the bulk of transactions to HK $0.8 / share price to buy NVC shares of the company shares 24600000 shares, the transaction amount of HK $19 million 750 thousand and 500 (including commission and stamp tax other taxes), or about 17 million 112 thousand and 400 yuan, sources of funding for the company's own funds.

Before the holdings, the Hongkong BDO BDO international holds 845746000 shares of NVC, which has accounted for 3581805000 of the issued ordinary shares of 23.61% shares. After the completion of the holdings, Elec-Tech through Hongkong BDO international holds NVC shares 870346000 shares, accounting for 24.30% of the outstanding common stock, still its largest shareholder.

Elec-Tech said the company's holdings of NVC stake mainly because NVC's stock price is undervalued, have great investment value; in addition, the holdings can further improve the company's stake in NVC, in order to facilitate the further integration of the two sides of the late.

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