Alto Electronics announced that the company intends to issue 20 million shares to the counterparty at a price of 11.25 yuan/share, and pay cash of 75 million yuan for a price of 300 million yuan to purchase 100% of the shares of Qianbaihui. Through this transaction, the company's LED lighting business will be upgraded, and the company's business structure will be adjusted and optimized. The company's stock resumed trading on July 28.
At the same time, the company intends to issue no more than 10 specific investors at no less than 13.13 yuan / share, raising matching funds of no more than 143.6 million yuan.
According to the data, Qianbaihui is a professional lighting system integrator integrating lighting equipment research and development, lighting planning and design, lighting engineering construction and service. It enjoys high reputation in China and is committed to providing perfect solutions for urban landscape lighting.
After the transaction is completed, Qianbaihui can use the design and construction practice experience of the lighting engineering project to provide technical guidance on the design specifications, installation operation, light distribution and aesthetics of Alto's LED application products, and improve the LED application products. Practicality. Listed companies can use LED to display high-end market technologies, including energy-saving technology, SMD package outdoor application technology, LED mask material application technology, etc., to give Qianbaihui research and development of lighting products related support, improve the technological advancement of lighting products.
At the same time, according to the agreement on performance commitment in the Earnings Forecast Compensation Agreement, the net profit attributable to the owner of the parent company after the deduction of non-recurring gains and losses in 2016, 2017, 2018 and 2019 is not lower than respectively. 23 million yuan, 28 million yuan, 33 million yuan, 39 million yuan.
After the completion of the transaction, if the performance commitments made by the relevant compensation obligors to the listed company can be effectively fulfilled, the existing business scale of the listed company will be greatly improved, and the profitability will be significantly enhanced.
Shangchai Generator Set,Power Generator,Electricity Generator,Output Type Generator
Yangzhou Hengyuan Electromechanical Equipment Co., Ltd. , https://www.lchygeneratorset.com