Foshan Lighting intends to transfer the equity of Zhujiang Asset Management Co., Ltd.

Foshan Lighting issued a notice of meeting to all directors by e-mail on June 6, 2014, and held the thirteenth meeting of the seventh board of directors on June 13, 2014. The meeting reviewed the resolutions by means of communication and fax. All nine directors should vote on the resolution of the meeting. The meeting reviewed and approved the Proposal on Transferring the Equity of Zhujiang Asset Management Company.

According to Foshan Lighting, the 15.38% equity of Zhujiang Asset Management Co., Ltd. held by the company corresponds to an estimated value of 7.705 million yuan. The board of directors of the company agreed to transfer the equity of Zhujiang Asset Management Co., Ltd. by way of listing and selling at a price not lower than the evaluation price, and authorize the management to handle the relevant matters of the equity listing of Zhujiang Asset Management Co., Ltd. and if it is listed for sale. After the success, the "Equity Transfer Agreement" was signed.

Since the final transaction price has not been determined, it is not yet possible to determine the impact of the equity transfer on the company's current profit.

1 Speed Hand Blender

Stick Blender Argos,Commercial Stick Blender,Commercial Hand Blender,One Speed Hand Blender

JIANGMEN JIANGHAI DISTRICT SHENGHUI ELECTRIC CO.,LTD , https://www.shenghuielectric.com

Posted on