Lehman intends to 780 million acquisition of China as a new culture, deepen sports marketing strategy

Lehman's shares in February 28th announced that evening, the Shenzhen Stock Exchange on February 24th issued a letter of inquiry after the reorganization, the company and the company hired independent financial advisers and other intermediaries to actively prepare to return to work, the Shenzhen Stock Exchange issued on the restructuring letter of inquiry involved in audit opinion were gradually implemented seriously and reply, "Shenzhen to purchase the assets of Lehman photoelectric Polytron Technologies Inc issued shares and pay cash to raise matching funds and the related transaction plan" and other relevant documents to the corresponding supplementary and perfect. Upon application, the company's shares will resume trading on February 29th.

According to the plan, Lehman shares intended to 18.8 yuan / share issue 20 million 744 thousand and 700 shares, and pay 390 million yuan in cash, the total price of 780 million yuan to acquire 100% stake in the company as the new culture; and intends to not more than 5 specific non-public offering of shares to raise matching funds of not more than 780 million yuan to pay the price for cash flow and the company added capital.

As the new culture as a Vision China under the sole Operating Metro TV advertising company, the Vision China has its business Metro TV media advertising all related assets, liabilities, business, personnel into the company. After the acquisition will further promote the implementation of the company's sports industry strategy, optimize and expand the company's business. According to the results of the commitment, the subject of the company from 2016 to 2018 pledged to deduct non net profit of not less than 60 million yuan, respectively, $100 million and $80 million.

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