Over frequency three to buy San Bi and industrial 49.5% shares, horizontal extension of new energy in the field of energy

In the evening of 1, Shenzhen three Polytron Technologies Inc (hereinafter referred to as "overclocking three" or "company") issued a bulletin, and the company and Yunnan tin industry Refco Group Ltd (hereinafter referred to as "tin industry group") signed the "agreement on the intention to buy stock".

According to the agreement, the company intends to make an open bid through the property rights trading platform of the Yunnan property exchange. The company intends to buy a 49.5% share of the old Saint ratio and Industrial Limited (hereinafter referred to as "San Bi and industrial") held by the tin industry group (hereinafter referred to as "the standard") by cash.

According to the announcement, San Bi and industry were established in 2001. It is one of the earliest enterprises to enter the research, production and sale of lithium ion battery materials. It is a national high-tech enterprise. The main products include three yuan material, lithium cobalt acid, lithium manganese acid, lithium phosphate and lithium titanate negative material. As of the benchmark day of assessment (February 28, 2018), the value of the San Bi and industrial assessment was 170 million 835 thousand and 800 yuan, and the 49.5% stock value held by the tin industry group was 84 million 563 thousand and 800 yuan.

It is worth noting that, according to the evaluation value of the target company, the SN Group intends to register the 49.5% shareholding of Sam and industry in cloud production at 94 million 563 thousand and 800 yuan, while "the assignee compensatory Saint ratio and the industrial debt of 52 million 400 thousand yuan debt to the Yunnan Tin Industry" as the trading conditions for the 49.5% shares of the proposed assignee. At the same time, the tin industry group must cooperate with the SF three to sign the relevant legal documents with the over frequency three before signing the formal equity transfer agreement between the two parties and the industry, so that the overclocking three will be a legitimate creditor with the equal amount of the saint ratio and the industry and the preceding compensation.

Over frequency three indicates that the new energy dissipation area is a horizontal extension of the company's main business, and is also one of the future strategic directions of the company. The company is optimistic about the market opportunities for heat dissipation and heat management in the field of lithium batteries, as in the past, as from PC heat dissipation to LED heat dissipation and Suites, lamps and lanterns. Now it is also actively storing the lithium battery heat dissipation and related key components, product technology and developing related markets. And the San Bi and the industrial team have accumulated for nearly twenty years of market practice and experience in Japan, and have a good accumulation in the technology market and channel. The cooperation on equity will help the company to enter the market faster and better.

In addition, over frequency three, the signing of the agreement on the intention to buy stock and the successful completion of the acquisition in the future can better improve the overall competitiveness of the company itself, at the same time, it also helps to better open up the new energy market and find new profit growth points. In the long run, it is in line with the company's development strategy and the interests of all shareholders.

Subsequently, overclocking three issued a announcement of the resignation of the director and deputy general manager. The board of directors has recently received a written resignation report from Ms. Kou Fengying, the director of the company and Mr. Dai Yongxiang, the deputy general manager. For personal reasons, Ms. Kou Fengying voluntarily resigned as a director of the company, and Mr. Dai Yongxiang resigned as the deputy general manager of the company.

According to the regulations, the resignation report of Ms. Kou Fengying and Mr. Dai Yongxiang will come into force on the date of submission of the board of directors. After her resignation as a director of the company, Ms. Kou Fengying is no longer in any position in the company. After Mr. Dai Yongxiang resigned as the deputy general manager of the company, he will be selected as a candidate for the company's director.

For more information on LED, click on the LED network or pay attention to the WeChat public account (cnledw2013).