[text] a group intends to transfer of part of the shares of 4 billion, Wright 30 million capital subsidiary

A group of more than 4 billion to the transfer of part of the shares, the stock yesterday suspended

Yesterday (20) evening, a group (hereinafter referred to as the "company") announced that the board of directors of the company recently received the controlling shareholder, actual controller Deng Zichang, Deng Ziquan, Deng Zihua, Deng Zixian's "letter", for the better, faster, more long-term operation and development of listed companies, listed companies to create a truly the public platform, the discussion decided to introduce in line with the development strategy of listed companies and partners, to sell no more than 30% shares to a new strategic partner, such as negotiation, the listed company controlling shareholder and actual controller may change.

As of now, the company has been involved with two optical photonics industry and investment and asset management companies to enter the substantive progress, the transaction valuation of approximately RMB 40-50 yuan, trading equity ratio is about 25%-30%, without the approval of relevant departments.

A group said, in view of the planning issues are still uncertainties as to ensure fair disclosure of information, maintaining the interests of investors, to avoid abnormal stock price volatility, according to relevant regulations, the company apply to the Shenzhen stock exchange, the company stock (securities referred to: a group of securities code: 300301) suspended since March 20, 2018 the morning of the opening. The company is expected to disclose the relevant matters in the 10 trading days after the resumption of trading.

Wright 30 million yuan capital subsidiary, to force the key components of new energy automotive business

On the same day, snow Wright (hereinafter referred to as "the company") issued capital increase announcement, in March 20, 2018 the company held the fifth meeting of the eighteenth board of directors considered and adopted the "capital of the wholly owned subsidiary of the motion". The company intends to own funds invested to the city of Shenzhen BestServe Automation Technology Co. Ltd. (hereinafter referred to as "bestserve automation" capital of RMB 30 million yuan). After the completion of the capital, bestserve automation registered capital of 35 million yuan, the company holds a 100% stake.

It is reported that bestserve automation was founded in 2013, the business scope includes: development and sales of automation equipment and spare parts; technology development, design and sales of hardware products; domestic trade; goods and technology import and export. Automation equipment and spare parts, hardware products.

Snow Wright said the company to the subsidiary capital in line with the development of the company strategic objectives, to consolidate the company's strategic layout in the new energy automotive components business. The company to the subsidiary capital will further enhance the automation bestserve financial strength, to help its customers to actively explore, to enhance the business scale and market competition ability.

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