Three new board LED enterprise intends to sell 1 million 500 thousand subsidiary yingjir

Guangdong yingjir Polytron Technologies Inc (hereinafter referred to as "yingjir" or the "company") 14, issued notice that, according to the strategic development needs, further optimize the industrial structure, yingjir is intended to be 1 million 500 thousand yuan transferred to a wholly-owned subsidiary of Zhongshan city Yingchen lighting technology limited company (hereinafter referred to as "the British lighting") 100% stake to a natural person Chen Min. According to the accounting firm issued by Shenzhen Ruibo deep within the [2016]276 trial Ruibo audit report, Yingcheng net assets of RMB 1454993.37 for lighting. It is understood that yingjir was founded in May 28, 2012, and landed three new board at the end of January 2016 listing. Yingjir focused on LED filament lamp, LED light engine of COB LED segments of product development, production and sales of high-tech enterprises, R & D, production of domestic LED filament bulb, COB light engine and other new environmental protection and energy saving products LED. Half year revenue yingjir 1 million 661 thousand and 600 yuan in 2016, representing a decrease of 55.98%; net profit of -47.96 million yuan, year-on-year decrease of 513.93%. Yingjir said after this sale, Yingcheng lighting stake, will improve the company's financial statements structure, reduce financial costs, help the company has a long-term stable income, have a positive effect on the performance of the company's future growth and income.

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