Siu Chi shares kept busy, while the acquisition of assets and selling other assets

Yesterday (10) evening, Siu Chi shares (hereinafter referred to as "the company") issued a notice, the company agreed to a subsidiary of Shenzhen zhaochi energy-saving lighting Limited by Share Ltd (hereinafter referred to as "Siu Chi energy") and Ms. Gu Xiang signed the equity transfer agreement, its own funds 5 million 100 thousand yuan transferee held by Ms. Gu Xiang Shenzhen Katherine Chi intelligent Co. Ltd. (hereinafter referred to as "Siu Chi smart") 51% stake.

Siu Chi intelligence was founded in 2017, the main business scope covers software development; information technology consulting services; wholesale of computer, software and auxiliary equipment; retail computer, software and auxiliary equipment; goods and technology import and export; engineering and technology research; home audio-visual equipment retail. As of December 31, 2017, Siu Chi total intelligent assets of 6 million 360 thousand and 600 yuan, 379 thousand yuan of total liabilities (including bank loans, total current liabilities), or total matters involved (including guarantee, mortgage, litigation and arbitration matters) 0 yuan, net assets of 5 million 981 thousand and 600 yuan; 2017 annual revenues of 1 million 976 thousand and 100 yuan, total profit -51.84 million, net profit -51.84 million yuan.

Siu Chi shares said that the acquisition of assets, to further expand the company's business scope, through the integration of industry quality resources, maximize the synergy, grasp industry development opportunities, enhance the company's product market share, to further expand the downstream market, improve the overall core competitiveness, bring new profit growth point for the company, according to company strategic planning and business development needs, the interests of all shareholders.

In addition, Siu Chi shares also released another announcement, agreed that the company will be a subsidiary of Shenzhen zhaochi photoelectric Co. Ltd. (hereinafter referred to as "Siu Chi photoelectric") of the stock assets and equipment assets to 44 million 108 thousand and 600 yuan (excluding VAT) sold to the company related legal Shenzhen zhaochi lighting Limited by Share Ltd (hereinafter referred to as "Siu Chi lighting").

The company said, the main purpose is to reduce the sale of assets related to operating pressure, in line with the company's strategy needs to focus the main industry, is conducive to improve efficiency in the use of assets, promote the effective allocation of corporate resources, to further promote the steady development of the company's core business, in line with the overall interests of the company and shareholders. The normal operation of the sale of production and business activities will not affect the company's underlying assets, will not adversely affect the company's current and future financial conditions, operating conditions, there is no adverse impact on the company's independence.

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