Tokunho Jundachiko over 200 million acquisition of Dalian integrated lighting of the German equity interest of 100%

Elec-Tech yesterday evening announcement, a wholly owned subsidiary of Dalian BDO optoelectronics and its subsidiary company intends to Dalian Derun, Dalian zongke respectively purchase its holdings of Dalian in 76.33%, 23.67% German lighting a total of 100% stake. Dalian comprehensive German lighting 100% stake in the valuation of $200 million 655 thousand and 100, the equity transfer to Dalian to assess the value of $200 million 655 thousand and 100 worth of comprehensive lighting.

Notice that one of the shareholders of the equity transaction to buy one of the shareholders of the Dalian Derun Wang Sheng, vice chairman of the company, so the purchase of shares constitute related party transactions. It is estimated that the acquisition of equity and related party transactions do not constitute a major asset restructuring of listed companies management approach provides a major asset restructuring.

The announcement also said that Dalian has been approved by the board of directors in BDO optoelectronics and the equity transferor signed the equity transfer agreement into a conditional ".

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