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Our major asset reorganization approved, shares resume trading since January 5th

January 5th, M.L.S. (hereinafter referred to as the "company") announced that the company received the January 4, 2018 China Securities Regulatory Commission (hereinafter referred to as the "Chinese Commission") of the notice, the China Commission listed companies merger and reorganization of the audit committee held in January 4, 2018 2018 first working meeting to consider the issue of shares and payment of cash to buy assets transactions through conditional.

It is reported that the company suspended since December 28, 2017. According to the provisions of the "major asset restructuring of listed companies management approach" and other relevant laws and regulations, the company apply to the Shenzhen stock exchange, the company stock since January 5, 2018 opening date for the resumption of trading.

In addition, the company had the announcement shows that the transaction is quasi mingsum Linsen photoelectric 100% investments held through the issuance of shares and payment of cash to buy a harmonious core and Zhuo Rui Ming of the shares, the transaction amounted to 4 billion yuan. Our cash payment transactions on the price of 31.35% core photoelectric, a total of 1 billion 254 million yuan; the issue of shares to pay 68.65% of the transaction price of photoelectric mingsum, a total of 2 billion 746 million yuan, the total number of issued shares is not more than 96826516 shares. After the completion of the transaction, M.L.S. will hold 100% stake in mingsum photoelectric, photoelectric mingsum will become a wholly owned subsidiary of rawlinson.

LED more information, please click on the LED network or the WeChat public account (cnledw2013).

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