Mega will save 1500-2000 LED package production lines

Yesterday (29) day, Zhao Chi energy saving (hereinafter referred to as "the company") issued a bulletin. The company is expected to increase the future business on a large scale according to the business needs of existing customers and market development. Through consultation with the people's Government of Qingshan Lake District of Nanchang, the company signed the investment agreement supplementing agreement. The original agreement agreed to the total capital of the company. The company Jiangxi Zhao Chi optoelectronic Co., Ltd. (hereinafter referred to as "Jiangxi mega") added 1000 new LED package production lines, now Jiangxi Mega plans to increase the investment of 500-1000 LED packaging lines on the basis of the original agreement, that is, according to the actual situation of the production plant, before the end of 2019, the Jiangxi Mega will have a total of 1500-2000 new investment. Strip LED package production line (excluding 200 existing production lines of Jiangxi mega).

In June 29, 2017 and December 19, 2017, Zhao Chi passed the bill on the signing of the investment agreement and the bill on the increase in capital and expansion of the subsidiary company of Jiangxi Zhao Chi optoelectronic Co., Ltd. and the guarantee by the company, and agreed to sign the investment agreement with the people's Government of the Qingshan Lake District of Nanchang. 1000 new packaging lines were added to the Qingshan Lake District of Nanchang, Jiangxi Province, and the Nanchang industrial control Assets Management Co., Ltd. (hereinafter referred to as "Nanchang industrial control") added capital to the Jiangxi Mega. After the expiry of the investment period, the company or the designated party of the company shall be allowed to be transferable in the way of the transfer of shares in the Nanchang industrial control held in Jiangxi.

With the steady development in recent years, the production scale of the company has increased rapidly and the volume of business is rising. It has a strong market competitiveness in the industry. With the steady expansion of the business scale, the existing packaging capacity of the company can not meet the needs of the business scale. At the same time, the Nanchang Municipal People's government has given strong support to the company. It not only provides preferential policies in various aspects, such as factory, industrial support, cooperative support support, talent reward, major industrialization project, and so on. It has also obtained the necessary financial support for the company's LED package expansion project through the industrial fund to help the company's LED package. The expansion project is carried out quickly and smoothly. The foreign investment will help the company optimize the allocation of resources and improve the overall core competitiveness.

On the same day, Zhao Chi energy conservation bulletin said Jiangxi Mega will sign the "equity transfer agreement" with the Shenzhen city Limited by Share Ltd (hereinafter referred to as "Zhao Chi shares"), and Jiangxi Mega is intended to purchase assets by means of cash payment. Chang Zhao Chi ") 100% shares, trading at a price of 10474193.53 yuan. After the completion of the transaction, Nanchang Mega will become the company's wholly owned Sun company.

It is reported that the joint-stock is the controlling shareholder of Zhao Chi, Mr. Gu Wei, chairman of the company, is also chairman of the joint-stock company. Mr. Jinsong, the general manager of the company, is also the vice chairman of the joint-stock company. Nanchang Mega was established in April 12, 2008. It includes digital TV, digital video recording machine, digital video recorder, digital TV receiver, digital video disc machine, liquid crystal display, sales and production of LCD display; import and export of various kinds of goods and technology of self and agent; LED lighting appliance production, sale, installation and debugging. Own house lease.

After the completion of this transaction, the company will hold a 100% stake in Nanchang megabyte, which is conducive to the company to integrate LED packaging production resources, reduce related transactions, increase the company's comprehensive competitive strength, in line with the company's long-term development strategy, and help to enhance the company's sustainable development and comprehensive competitiveness, in line with all shares. The interests of the East.

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