The transaction amount is 500 million -10 yuan! In the major asset reorganization suspension

Inventronics (Hangzhou) Limited by Share Ltd (hereinafter referred to as "the company") since June 5th due to planning major events has been suspended. Yesterday (19) evening, with a paper on the major asset restructuring suspension announcement, the company's restructuring targets gradually surfaced.

According to the announcement, the company is planning to pay cash to acquire assets, the subject of the enterprise's main products for new energy vehicles charging and LED display power supply, the transaction value is expected to be about 500 million yuan -10 billion. Estimate the transaction amount of the transaction is subject accounts for the most recent fiscal year audited consolidated financial accounting reporting period net assets ratio of more than 50%, and more than 50 million yuan, already constitute a major asset reorganization.

Because there are still uncertainties related matters, in order to safeguard the interests of investors, to avoid a significant impact on the company's share price, according to the relevant provisions of the Shenzhen stock exchange, the company's application, the company stock on June 20, 2017 (Tuesday) morning opening date to the major asset reorganization to continue the suspension.

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