Announcement disclosed that as of December 31, 2016 as the base date, the value of the harmonious photoelectric assets was 1,719,231,400 yuan, the underlying company Harmony Optoelectronics itself no actual business, the main assets through its subsidiary in Hong Kong held by the target company MEMSIC, Inc. 100% stake in the above reference to the company's 100% stake in the evaluation value, the parties negotiated friendly negotiations, the transaction amount of 165,000 yuan.
It is understood that on October 14, 2016, Huacan Optoelectronics held a board meeting to consider and approve the issue of shares to buy assets and raise matching funds and related party transactions related motion .In April 14, 2017, the company announced the restructuring report The draft and issued a notice of general meeting of shareholders, and subsequently received the "Restructuring Inquiry Opinion on Hua Can Solar Co., Ltd. (II)" issued by the Shenzhen Stock Exchange. On May 31, 2017, the Company held the " Three Extraordinary General Meeting to consider the adoption of this issue of shares to buy assets of the relevant motion July 3, the company received the China Securities Regulatory Commission issued the "China Securities Regulatory Commission administrative license application notice." China Securities Regulatory Commission on the application materials for The review, that the application materials are complete, in line with the statutory form, decided to apply for the administrative license to be accepted.
At present, the relevant intermediary agencies have completed supplementary auditing matters of the underlying company with the base date of June 30, 2017. The company and intermediaries have updated the financial data involved in the restructuring report and the company has decided to apply to CSRC Resume the examination of this issue of shares to buy assets application documents, continue to promote the issue of shares to buy assets audit.
Hua Can Optoelectronics said that due to the issuance of shares to buy assets application documents part of the financial data has expired, the company and the subject of the company need to conduct a supplementary audit, the parties to the transaction by consensus, the company held on July 29, 2017 The third session of the third board of directors, consider the suspension of the company issued shares to buy assets audit, and submitted to the China Securities Regulatory Commission to suspend the audit of the file.At present, the parties to the transaction completed the subject of the supplementary audit company, the company and the intermediary The report on the restructuring of the financial data has been updated, Hua Can Optoelectronics decided to apply to the China Securities Regulatory Commission to resume the review of this issue of shares to buy assets application documents, continue to promote the issue of shares to buy assets audit.
Hua Can Optoelectronics was approved by the Ninth Board of Directors of the Third Session of the Third Board of Directors on November 6, 2017. However, Huacan Optoelectronic will issue shares to buy assets and raise matching funds In addition, Huacan Optoelectronics realized an operating income of 1.872 billion yuan in the third quarter of this year, an increase of 74.78% over the same period of last year; the average growth rate of optical optoelectronic industry was 35.97%; the net profit attributable to the shareholders of the Company 372 million yuan, an increase of 163.47% .Huang Can Optoelectronics said that this is due to the larger LED chip production capacity growth, making the company's chip product sales increased significantly; the same time, the scale effect, the company's chip costs further decline, The Company's client structure further gathered with high-quality customers, which maintained a good gross profit margin.