LED morning theme: expansion / reduction / acquisition / investment

Capital expansion of the star TV University, accelerate the process of scale

China Star power on June 6th evening announcement, the company on the morning of, the third session of the board of directors of the interim meeting of the adoption of the purchase of production equipment on the motion of the company on the morning of June 3, 2016.

The bill approved the production equipment of the company to purchase items, the amount of 84 million 758 thousand yuan and $5 million 710 thousand, in order to meet the company's packaging and assembly expansion project implementation, to further expand the production scale, continue to improve the production capacity and the level of the company's products and services, so as to provide more cost-effective advantages for customers, increase market share to enhance the market competitiveness of the company.

Poly fly photoelectric 5% or more shareholders Wang Shan holdings of 14 million shares

Jufei yesterday evening announcement, the company received shareholder holding more than 5% of Mr. Wang Guishan's holdings of shares of this letter, Mr. Wang Guishan on June 6, 2016 by the Shenzhen stock exchange block trading system holdings of tradable shares 14 million shares, representing 2.0347% of total share capital.

Notice that Mr. Wang Guishan is not the controlling shareholder of the company, the actual controller and its concerted action, after this reduction, the proportion of shares held by the company was 14.1330%, still holds more than 5% of the shares of the shareholders of the company.

Dongshan precision acquisition of 100% stake in MFLX company has been approved by the CFIUS

Dongshan precision yesterday evening announcement, the company intends to non-public offering to raise funds for the acquisition of stock trading in the U.S. NASDAQ listed company MFLX100% shares, has been adopted by the national development and Reform Commission, the Ministry of Commerce, the Jiangsu Provincial Department of Commerce, the China Securities Regulatory Commission and the Committee on foreign investment in the United States, the U.S. federal trade the Commission filing or approval.

In addition, the need to obtain MFLX shareholders' meeting, the State Administration of foreign exchange and other relevant departments for the record or approval.

Shelley special subsidiary of $500 thousand to set up a German company to accelerate the UAV business

Wright yesterday evening announcement, to accelerate the process of internationalization of the UAV related business, rapid increase in sales, the company's subsidiary Shenzhen Manta Intelligent Technology Co. Ltd. (hereinafter referred to as "Manta smart") intends to own funds of $500 thousand funded the establishment of WingslandTechnologyGmbh in North Rhine Westphalia (tentative name, in Dusseldorf final registration date, hereinafter referred to as the "company").

Snow Wright said the establishment of the German company, will help promote the internationalization process of UAV related businesses, accelerate the construction of the European region radiation marketing service center, improve the speed of local technology, products, service response, improve customer service quality and brand image, attract international high-end talent, the rapid growth of the UAV to further promote the company's overseas business the.

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