[SMS] sunshine Lighting Capital Holdings subsidiary, blue tripod International Sales of lighting business

Sunshine lighting: 47 million 500 thousand dollars for the subsidiary of the United States and Canada

Yankon announcement, to support the company's subsidiary Zhejiang Canada business development, enhance the market competitiveness of Zhejiang Canada, the company intends to Mr. Li Yang stake in Zhejiang Canada in cash capital increase of 50 million yuan, of which the company capital 47 million 500 thousand yuan capital increase 2 million 500 thousand yuan, Mr. Li Yang.

Zhejiang sunshine Lighting Co., Ltd. (hereinafter referred to as "Zhejiang") is a subsidiary of the company, the registered capital of 50 million yuan. Among them, the company invested 47 million 500 thousand yuan, accounting for the registered capital of $95%, Mr. Li Yang invested $2 million 500 thousand, accounting for 5% of the registered capital.

Blue tripod International Sales of HK $50 million lighting business

Blue tripod International announcement, in April 28, 2017, the company entered into an agreement with the buyer, whereby the company agreed to sell HK $50 million Ace Winner Holdings Limited all issued share capital and sales loans.

Announcements, Ace Winner Limited is a wholly owned company owned by Holdings. The company has a 69.44% stake in China through the Ace Holdings Limited indirectly, Affiliated Companies, Jiangsu, China, steady run photoelectric Co., Ltd., mainly engaged in the design and production of light-emitting diodes and semiconductor lighting related products Winner.

In addition, the buyer is a limited liability company incorporated in the British Virgin islands.

The company said the sale of items will help the group to allocate resources to its existing business (especially the integrated resort development) and other potential investment with the group of long-term business strategy, and try to reduce the group because of the LED lighting industry downturn face market risk.

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