Konka intends to be listed on the transfer of shares owned by Rui Rui photoelectric

Today (23) morning, Konka Group Limited by Share Ltd announcement, the company intends to hold 22.935% of the company's equity interest in the Swiss state-owned photoelectric shares listed publicly traded. The listed price is not less than the evaluation value of the asset appraisal firm. If two or more buyers are willing to participate in the selling of shares, the transaction price shall be determined according to the bidding principle.

It is understood that enraytek Optoelectronics Technology (Shanghai) Co., Ltd. for Konka Group shares of the company, the main business of LED and related industry chain design, R & D and manufacturing, Konka Group Limited by Share Ltd accounted for 22.935% stake, the largest shareholder.

By December 31, 2016, the book value of the 22.935% equity interest of the company was 58 million 40 thousand yuan (audited), and the final transaction price and counterparty were determined on the basis of the bid results. After the listing of the transfer is completed, the company will no longer hold equity interest in Rui Rui photoelectric company.

Konka Group said, the equity transfer of listing enraytek optoelectronics company is mainly for the optimization of asset allocation, the recovery of funds, to enhance the liquidity of assets, improve the overall effectiveness of the company, the move and fit the company to develop the main business development strategy.

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