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Riyadh raised nearly 1 billion 500 million, promote the main business development

The non-public offering of shares listing announcement released yesterday evening announcement that Riyadh, the non-public offering of 52816901 shares of new shares issued, raising a total of 1499999988.40 yuan, net of issuance costs (including underwriting fees, sponsorship fees, legal fees, inspection charges etc.) 22369999.86 yuan, the actual funds raised 1477629988.54 yuan, and will be listed on the Shenzhen stock exchange in September 8, 2016.

The notice said, this issue, 5 issue for Zhongche gold card, CAITONG fund huitianfu fund, Fidelity Fund, Huaxia Fund, the restricted stock subscription period for new shares listed on the date of 12 months, is expected to traded time for September 8, 2017. According to the relevant provisions of the Shenzhen stock exchange business rules, September 8, 2016 (ie, the listing date), the company's share price is not ex dividend. The non-public offering price of 28.40 yuan / share.

Notice that the capital investment projects will focus on the company's main business, in line with the national industrial policy, with good prospects for development and economic benefits. Completion of the non-public offering of stock to raise funds and project investment, especially after the completion of the acquisition of PLANAR company, overseas business scale rapid expansion, the size of the company's business will achieve multiplication; in addition, improve the existing marketing channels and marketing network PLANAR company will also push the company's global market business, especially the further development of overseas business market; provide capacity expansion of LED application security industrial park expansion project construction and LED international industrial park construction company for the global market; innovation project research and Development Center for the company to continue to provide support to maintain competitive advantage.

Qinshang KingSun director Zhao Jun group proposed the removal of duties

KingSun announcement yesterday evening, as more than 10% of shares held by the shareholders of the group on the ground, is now brought to the board of directors of the company held in 2016 fourth extraordinary general meeting of the board of directors of the company to recall "on the bill" and "on the election of directors of the company to the motion of" two motion.

KingSun group proposed the removal of directors, Mr. Zhao Jun, vice chairman, member of the strategy committee, replacing the remuneration and appraisal committee and the nomination committee duties, the committee by the election of the new board succession. At the same time, Mr. Deng Junhong was nominated as a director of the company, the term of office from the date of approval of the general meeting of shareholders until the expiration of the term of office of the board of directors.

Shelley special subsidiary to set up joint venture foreign investment

Snow Wright photoelectric announcement yesterday evening, the company's subsidiary Shenzhen Manta Intelligent Technology Co., the company intends to own funds invested and natural Hu Jinhui, Jinlong, Ji Xiaodong set up a joint venture in Shenzhen Manco Artificial Intelligence Technology Co. Ltd. (tentative name, specific to the nuclear industry and Commerce shall prevail, hereinafter referred to as the "new company").

The new company registered capital of 100 thousand yuan, of which the Manta intelligent money invested 51 thousand yuan, accounting for 51% stake in the new company; natural Hu Jinhui in money invested 25 thousand yuan, accounting for 25% stake in the new company; natural Jinlong money invested 20 thousand yuan, accounting for 20% stake in the new company; natural Ji Xiaodong invested in money 4 thousand yuan, accounting for 4% stake in the new company; September 5, 2016, Manta intelligent and natural Hu Jinhui, Jinlong, Ji Xiaodong signed the "on the Shenzhen funded the establishment of artificial intelligence Manco Technology Co. Ltd. cooperation agreement.

Notice that the company's main business is the development of image processing, machine vision, machine face recognition and artificial intelligence, computer algorithms, on UAV, automotive and consumer electronics product development algorithm. The announcement also said that the foreign investment funds all come from Manta intelligent own funds, have a significant impact on the company's financial condition and results of operations will not.

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