On the evening of (26), Zhou Ming Technology (hereinafter referred to as “the companyâ€) issued an announcement. The 31st meeting of the third board of directors was held on July 26, 2017. The meeting reviewed and approved the acquisition of Aga in cash. Proposal to illuminate part of the equity and increase capital.
The company said that in order to actively expand the market share in the middle and high-end Lighting sector, enhance the company's position in the lighting industry, and form a synergy with the company's existing lighting business, on July 26, 2017, the company and Dongguan Aiga Lighting Technology Co., Ltd. The company's original shareholder Yang Liang, Wulian Aijia Equity Investment Partnership (Limited Partnership) (hereinafter referred to as “Wu Lian Investmentâ€), and Aiga Lighting jointly signed the “Company†(hereinafter referred to as “Aega Lighting†or “Standard Companyâ€). About Dongguan Aijia Lighting Technology Co., Ltd. Investment Agreement.
According to the announcement, the company intends to transfer 49% of Aijia Lighting, which is owned by Wulian Investment, with its own funds and bank loans, and intends to increase its capital by RMB 20 million to its target company with its own funds. Among them, 2,752,275 yuan will be used as the registered capital of the target company, and 17.7242 million yuan will be used as the capital reserve of the target company. Since the original shareholder of Aiga Lighting promised to give up the preferential right to subscribe for this capital increase and equity transfer, after the capital increase is completed, The registered capital of the target company was changed from RMB 10,100,000 to RMB 12,762,750. After the equity transfer and capital increase, the company will hold 60% of Aiga Lighting and become the controlling shareholder of Aiga Lighting. Lighting will become a holding subsidiary of the company.
It is reported that the business scope of Aiga 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, technology import and export.
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