The transaction amount of 500 million -10 billion 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 major asset restructuring suspension notice", the reorganization of the company subject gradually surfaced.

According to the announcement, the company is planning to pay cash to buy assets, the main products of the company for the new energy vehicle charging power supply and LED display, the transaction is expected to amount to about 500 million RMB -10 billion yuan. 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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