[brief] audio bid PPP project, Siu Chi shares 250 million yuan capital subsidiary

Yesterday (28) evening, Feile audio and Siu Chi shares were released on the "wisdom of cengong" PPP project bid announcement and the announcement of progress of foreign investment.

Audio (hereinafter referred to as the "company") announced that the company and the Guiyang Building Survey and Design Co. Ltd., a wholly owned subsidiary of Beijing Shenan Investment Group Co., a wholly owned subsidiary of Sichuan Yaming Lighting Co. Ltd., nuclear industry Construction Engineering Corporation, Tibet Zhicheng Mingfeng capital Cci Capital Ltd (Consortium) as the "wisdom of cengong" infrastructure construction project successful PPP.

According to the announcement, the proposed project package "package engineering" project, divided into eight sub projects: (1) the "wisdom of urban and rural construction cengong" wisdom; (2) the "wisdom of cengong tourism infrastructure construction" wisdom "; (3) intelligent parking lot construction cengong wisdom" (4; cengong County water) Wei Zhen wisdom of small town construction projects; (5) "the three phase of the project of riverside landscape transformation project in cengong wisdom wisdom"; (6) the "wisdom of cengong wisdom tourism camp project; (7) the" wisdom wisdom cengong environment promotion project "; (8) the" wisdom of cengong Skynet two project ". The project set up cooperation projects for a period of 20 years (the start time to the supervision to start date), the construction period of 2 years, the operation period of 18 years.

Audio said, "wisdom cengong" PPP project bid and the implementation of the company will further accumulate experience in the field of smart city, PPP project areas, enhance the company's smart city, smart lighting engineering business market competitiveness, the company to implement the strategic transformation, an important achievement of breakthrough development and operation of the wisdom of the city street network with wisdom, have to construct and perfect the company based on the lighting engineering platform operations, and ultimately become the wisdom City contractor and operator "vision. After the start of the project will be in accordance with the actual construction schedule and perform the appropriate procedures to confirm every year operating income of the company in 2017 and subsequent annual sales revenue impact.

In addition, Siu Chi shares (hereinafter referred to as "the company") released the announcement of progress, Siu Chi energy-saving to the National SME share transfer system perform registration procedures and complete the change of business registration, has been issued by the Shenzhen market supervision and administration of the change (for the record) notice.

It is reported that in September 6th, Siu Chi shares announced that the fourth session of the fourteenth meeting of the board of directors passed on to capital and related party transactions subsidiary motion quasi Chi energy-saving lighting Limited by Share Ltd to a subsidiary of Shenzhen City trillion to 250 million 2 thousand yuan of its own funds (hereinafter referred to as "Siu Chi energy") capital. After the completion of the capital, the registered capital of Siu Chi energy will increase from 170 million yuan to 268 million 40 thousand yuan, the company holds a 87.32% stake.

Data shows, Siu Chi saving main domestic trade, goods and technology import and export (laws and administrative regulations, the provisions shall be subject to the approval of the State Council decided except before registration of the project). The light emitting diode (LED) devices, LED backlight products, LED backlight LCD TV display technology development, production and sales.

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