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Foshan lighting transferring equity net 1. 5. 7 billion

Foshan lighting today disclosed in public auction way transfer of foshan Gao Mingfu bay landscape leisure vacation estate co. , LTD. , the progress of equity.

announcement, held on October 17, 2012, foshan lighting in 2012 the second temporary general meeting of shareholders, examined and passed at the meeting on the transfer of foshan in public auction way Gao Mingfu bay landscape leisure vacation estate co. , LTD. , ownership of the bill, and authorized management to implement. October 30, 2012, the company commissioned foshan RongXin auction co. , LTD for 100% stake in Gao Mingfu bay resort estate auction, according to the results of the auction GuangDongTuan billion investment group co. , LTD. , foshan hong hundred million real estate investment co. , LTD. , with 317. 05 million yuan to buy a 100% stake in Gao Mingfu bay resort estate success. Company on the same day with the GuangDongTuan billion investment group co. , LTD. , foshan hong hundred million real estate investment co. , LTD. Signed the contract of transfer. The equity transfer is completed, the company no longer holding Gao Mingfu bay resort estate equity. The deal to deduct the original cost, stamp duty, income tax items, such as the above stock transfer exchange net profit of 157695870. 98 yuan, annual per share for the company bring 0. 16 yuan.

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