KingSun caiyida intends to transfer 2.50% equity, the transaction price of 6 million 250 thousand

Yesterday (24) evening, Dongguan KingSun Au Optronics Co (hereinafter referred to as the "company" or "KingSun") issued a notice on the signing of "investment agreement" of the bill was considered by the company and the group agreed to EC (hereinafter referred to as "Huatong Group"), Zheng Jian, Zheng Yong, Zhang Fenglian and the company's subsidiary in Beijing caiyida Technology Development Co., Ltd. (hereinafter referred to as "caiyida") signed the "investment agreement", on the subject, Zheng Jian and Huatong Group designated designated main capital of caiyida, as well as capital after the completion of the company to Zheng Jian or the designated subject of the transfer of part of caiyida equity matters agreement.

According to the "investment agreement" agreement, the color reached a total increase of 20 million 500 thousand yuan of registered capital, the registered capital increased to 20 million 500 thousand yuan from 41 million yuan, KingSun did not participate in the capital increase. After the completion of the capital, caiyida hold KingSun equity ratio from the original 51% to 25.50%. In addition, the registered capital of the capital after the foundation of caiyida, by Zheng Jian to 6 million 250 thousand yuan transferee KingSun caiyida held by the subject of 2.50% of the shares (1 million 25 thousand shares).

KingSun said, in the transfer of part of the shares after the company holds caiyida, caiyida equity ratio will be reduced to 23%, caiyida will no longer serve as a subsidiary of the consolidated financial statements included in the.

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