64. 1 million yuan! Zhou Ming acquired part of Aijia lighting and increased capital1

On the evening of the 26th, Zhou Ming technology (Hereinafter referred to as the company) Release Announcement of the third session of the board of directors 31st times meeting in July 26, 2017 held meeting consideration by the the on to cash acquisition love lighting part equity and capital increase of Bill '. On the evening of the 26th, Zhou Ming technology (Hereinafter referred to as the company) Release Announcement of the third session of the board of directors 31st times meeting in July 26, 2017 held meeting consideration by the the on to cash acquisition love lighting part equity and capital increase of Bill '. The company said that in order to actively expand the market share in the lighting field, enhance the company's industrial position in the lighting field, and form a synergistic effect with the company's existing lighting business, in July 26, 2017, the company and Dongguan Aijia Lighting Technology Co. , Ltd. (Hereinafter referred to as Aijia lighting or target company) Former shareholders Yang Liang, Wulian Aijia Equity Investment Partnership (Limited Partnership)(Hereinafter referred to as Wulian investment) , And Aijia lighting jointly signed the 'investment agreement on Dongguan Aijia Lighting Technology Co. , Ltd. '. According to the announcement, the company intends to transfer the equity of Aijia lighting 49 held by Wulian investment with its own funds and bank loans of RMB 44. 1 million. at the same time, it plans to increase the capital of the target company by 20 million yuan with its own funds, of which 275. 2. 75 million yuan will be the registered capital of the target company, 1,724. As the capital reserve of the target company is 7. 25 million yuan, since the original shareholders of Aijia lighting promised to give up the priority of this capital increase and equity transfer, after the capital increase is completed, the registered capital of the target company was changed from 10. 01 million yuan to 1,276 yuan. 2. 75 million yuan. After the completion of this equity transfer and capital increase, the company will hold the equity of Aijia lighting 60 and become the controlling shareholder of Aijia lighting. Aijia lighting will become the controlling subsidiary of the company. It is reported that the business scope of Aijia lighting is: research and development, production and sales: lamps, semiconductor photoelectric lighting products, electrical light sources, power switches, dimmers, lighting products, light emitting diodes, import and export of goods, and technology import and export.