Snow Wright offensive lights and education, investment nearly 40 million

Recently, Guangdong xuelaite photoelectric Polytron Technologies Inc (hereinafter referred to as the "company", "company" or "Wright") issued two foreign investment announcement, involving a total amount of nearly 40 million yuan.

According to the 19 evening announcement shows, from the Wright manufacturing industry fund partnership with Shenzhen Daewoo Qianhai Capital Management Ltd. jointly set up the Daewoo intelligent (limited partnership) (hereinafter referred to as the "Daewoo intelligent manufacturing industry fund") recently with Zhejiang Jiali (Lishui) industrial Limited by Share Ltd (hereinafter referred to as "Carrie shares") signed the "subscription contract". The introduction of new investors to issue shares Garley shares, plans to issue shares not exceeding 13 million shares. Daewoo intelligent manufacturing industry to fund its own funds invested 29 million 920 thousand yuan to subscribe for shares Garley directed to issue 4 million 400 thousand shares, the price per share of 6.80 yuan. As of the date of this announcement, the Daewoo intelligent manufacturing industry fund has paid all shares subscription.

Gary company was founded in 2006, including the operation of lights, auto parts, motorcycle accessories (excluding engine), and auto parts processing, mold manufacturing and sales; to the national laws and regulations of goods and technology import and export business.

Another announcement that the company and the Shenzhen Qianhai infront chuangying Capital Management Ltd. jointly set up the Guangdong Wright enterprise management partnership (limited partnership) and Chu Ming Investment signed the "share transfer agreement". Guangdong snow light enterprise management partnership (limited partnership) with its own funds of 10003119 yuan, the transferee Ming Chu investment held by the Ming teacher education 149100 shares of RMB ordinary shares. In December 2016, Guangdong xuelaite enterprise management partnership (limited partnership) of the Ming Chu master education investment holding 277000 shares; in March 2017, Guangdong xuelaite enterprise management partnership (limited partnership) the master education leaves Fu Rong holding 225000 shares. Up to now, Guangdong snow light enterprise management partnership (limited partnership) holds 651100 shares of Ming education stock, accounting for 5.4266% of the total share capital of Ming education.

Ming teacher education was founded in 2005. The main business is extracurricular tutoring, education and education consulting services. Master of education services directly to end customers, the main customer groups for students and part of preschool and university students; the main training service project launched for extracurricular classes, full-time repeat, one on one, foreign language training and other types of education and training project.

Snow Wright said the two foreign investment in line with the strategic goal of the company, investment income may bring new profit growth point for the company, will not harm the company and the interests of shareholders, no real impact on the company's daily operations, have a significant impact on the company's financial condition and results of operations will not.

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