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Capital News | Hongli Opto-electronic Fund-raising Expansion Package BDO Runda Abandon The Acquisition Of Domestic Listed Companies

Feb 18, 2017

 Hongli Opto-electronic (300219), October 16 announcement of non-public offering of shares to raise funds feasibility study report. Hongli Opto-electronic backpfrontp To promote the development of LED stadium lights industry, to further expand the business scale, improve the industrial chain, and enhance the company's competitiveness, improve profitability, according to the company's development needs, the company to raise funds not exceeding the total amount of 72,549.43 million. backpfrontp background backpfrontp the non-public issuance of 1, in recent years, the relevant state departments of LED stadium lighting industry introduced numerous industrial incentives, which greatly promoted the rapid development of LED industry in China. backpfrontp 2, LED industry developed rapidly in China, high power LED flood light has been widely used in general illumination, backlighting, landscape lighting, displays, traffic signals, automotive lighting and home consumer electronics and other fields. backpfrontp 3, at present, the world's major countries and regions have introduced comprehensive policies and regulations out of incandescent, 1000W LED flood light will accelerate the replacement of conventional light sources. After 2016 general lighting incandescent general lighting will exit the domestic market. backpfrontp purpose backpfrontp Hongli Opto-electronic equity investment projects of the non-public issuance of the smooth implementation will help the company further expand the scale of LED packaging business, improve the industrial chain, enhance the company's profitability. The net proceeds of the use of funds raised backpfrontp plan backpfrontp net of issuance expenses intended for SMD LED construction projects, the acquisition of 49% stake Companion Hardware and capital projects and supplement working capital projects three projects. backpfrontp snow Wright (002 076), Oct. 16 announcement that a wholly owned subsidiary of Fushun photoelectric further expand their business, expand sales to its own funds invested 10 million yuan to set up Fujian Fosita Optoelectronics Technology Co., Ltd. in Fujian Province. backpfrontp Wright wholly owned subsidiary of Fushun business mainly includes LED tunnel lights photoelectric LED display, LED lighting products, road lights, solar street lamps. backpfrontp newly established company mainly engaged in photoelectric Fosita after: import and export LED display, LED street lighting products, road lights, solar lights, energy-saving lamps development, manufacture and sale, import and agent of goods and technology. backpfrontp snow Wright said that the new company will help speed up the establishment of Fushun photovoltaic business development, expand sales, improve overall profitability Fushun photovoltaic, will not have a significant impact on the company's performance in the short term. In addition, we may face unsatisfactory business development, risk management and other personnel after the establishment of the new company. backpfrontp BDO Runda (002,005), Oct. 16 announcement that the company due to planning a major asset and equity acquisition, the company stock since August 26, 2015 opening from the suspension, backpfrontp 1, the acquisition of a domestic listed companies planning matters of the company before the suspension, the company's associate company has bought a small amount of the target company's shares through the stock exchange. The company's plan is to continue after the self-suspension from the holdings of the target company's shares to 5 percent placards,LED tennis court lights and its controlling shareholder of the transferee stock they hold consultations in order to become the controlling shareholder of the target company. Coincidentally, the target company planning major issues because of the company's shares on the same day suspension, after the September 2015 termination planning major events and resume trading on the same day, after which the target company has disclosed the announcement change the controlling shareholder, and its holding shareholders have entered into a share transfer agreement with a third party, will be held by the target company's entire equity interest transfer with third parties. According to the latest changes in the shareholding structure of the target company, the company after careful analysis and evaluation that has been difficult to obtain control of the target company, the company decided to abandon the acquisition of the target company's equity plans. 2. Acquisition of foreign assets Up to now, At the same time we have reached a preliminary agreement to acquire the cooperation with a national industrial fund. Business negotiations to sell the company and the assets side is carried out according to plan schedule. As it involves cross-border mergers and acquisitions, the company estimated that negotiating time will be longer. Up to now,led gym lights in addition to a confidentiality agreement, the company and the assets of the seller has not yet signed any written agreement on matters relating to the sale of assets, the two sides finally reached an agreement whether there are still uncertainties. In view of the above-mentioned substantial acquisition are still uncertainties, in order to protect the interests of investors and avoid abnormal fluctuations in stock trading, according to the 'Shenzhen Stock Exchange Listing Rules', LED high bay lights SME board listed companies standardize operational guidelines' and other relevant regulations application by the company, the company's stock (stock abbreviation: BDO Runda, stock code: 002005) continue to be suspended since October 16, 2015 opening date. backpfrontp beneficial up (002 137), Oct. 16 announcement that the company due to planning major events, the company shares suspended with effect from July 16, 2015 opening. backpfrontp date of this announcement, the company and related parties are actively promoting this major asset restructuring matters involving the work of the relevant agencies are on the assets of the major asset restructuring involves conducting due diligence, audit,led arena lights evaluation and so on. During backpfrontp suspension, the company will perform the information disclosure obligations in a timely manner in accordance with relevant regulations, at least once every five days progress publish notice of the matter, until the relevant issues identified and resume trading after the disclosure of the results. backpfrontp Ao Ruide (600,666), Oct. 16 announcement that the company due to non-public offering planning matters, the company stock in a row suspended since August 24, 2015. backpfrontp During the suspension period, the company hired the relevant agencies are further discussions on specific programs and demonstration, and the underlying asset is the audit, evaluation and preparation of organizational programs and other related work. backpfrontp Given the need for the proposed acquisition of the assets of the audit, evaluation and a larger workload, the underlying asset audit, evaluation work has not been completed, the specific needs further demonstration program, the company shares remain suspended. During backpfrontp continued suspension,RGB LED flood light the company will be based on the progress, strict compliance with disclosure obligations in accordance with the provisions and requirements of relevant laws and regulations, every five days Notice progress status. backp