San an optoelectronic multiple Announcements: foreign investment, compensation, equity transfer...

Last (25) day, a number of bulletins were announced at the Au Optronics Co (hereinafter referred to as "San an optoelectronic" or "company"), or related to foreign investment, or related to "supplement", or related to the transfer of shares.

According to the announcement, the company's wholly owned subsidiary, Hongkong San an optoelectronic Co., Ltd. (hereinafter referred to as "Hongkong San an") has set up a wholly owned subsidiary in Hongkong with its own money capital, which is tentatively designated as Hongkong Optical Technology Co., Ltd. (approved by the authorized institutions), accounting for 100% of the registered capital, and mainly engaged in the light of light. R & D, production and sales.

San an optoelectronic said that the investment in line with the direction of the company's industrial development and development strategy, to improve the company's R & D capacity, make a bigger and stronger main business.

At the same time, San an optoelectronic bulletin said that the company's wholly owned subsidiary, Quanzhou San an Semiconductor Technology Co., Ltd. (hereinafter referred to as "San an semiconductor") received the Nanan high-tech industrial park project construction command "on the purchase of Quanzhou San an Semiconductor Technology Co., Ltd. equipment purchase subsidy notice" [core Valley South High finger (2018) 3 No.] San an semiconductor has signed the equipment purchase agreement and paid the advance payment. According to the "investment cooperation agreement" signed by Quanzhou, Nanan municipal government and San an optoelectronic and the spirit of the Quanzhou core Valley Nanan Park and the Quanzhou San an semiconductor project promotion conference held by the Quanzhou core Valley Nanan Park work leadership group, the payment amount and payment agreed by the equipment purchase contract are agreed upon by the Nanan municipal government. The progress of the same period, the same proportion of the purchase of three security semiconductor equipment subsidies 192 million yuan. San an semiconductor has received the money in June 22, 2018.

According to the provisions of "Enterprise Accounting Standards No. sixteenth - government subsidy", the subsidy received by San an semiconductor is recognized as deferred income at the time of receipt, and is averaged into profit and loss within the life span of the related assets.

In addition, the company's wholly owned subsidiary, Xiamen San an integrated circuit Co., Ltd. (hereinafter referred to as "San an integrated"), is transferred to GCS Holdings, and Inc. (hereinafter referred to as "GCS"), which holds the share price of the Xiamen San an environmental integrated circuit Co., Ltd. (hereinafter referred to as "three Anne ring") 2%.

Three an - an integrated holding subsidiary, a joint venture company formed by San an integration and GCS. The joint venture was registered and established in February 23, 2017 with a registered capital of $4 million, and San an integrated with its own money capital of $2 million 40 thousand, accounting for 51% of the registered capital of the joint venture, and GCS with a monetary fund of $1 million 960 thousand, accounting for 49% of the registered capital of the joint venture. After the transfer of the shares, San an integrated to hold 49% shares of triple security, GCS holds a three - an - 51% equity, and the three security environment will no longer be included in the scope of the merger report.

The integrated semiconductor business is the key direction of the company's future development. After the completion of this stock transfer, it will help promote the development process of the compound semiconductor market and increase the market share.

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