BOE acquires SES to build new retail | VGC appoints Malcolm as executive vice president

December 22 set # # Morning Post #

★ BOE SES acquisition will trigger a full tender offer obligation to seize the 'new retail' opportunity

On December 21, BOE released the latest progress on the acquisition of shares in SES-imagotag. BOE has established a joint venture company SPV with SES through its holding company and SES Shares obtained through block trade totaled 7,156,696 shares, accounting for the release of SES Closing Date Outstanding shares of 54.40%, the blockbuster deal will trigger a full tender offer obligations. BOE said the electronic shelf label (ESL) can reduce labor costs, the implementation of paperless management, to help store to complete online and offline promotion synchronization, real-time price changes , To achieve diversified marketing strategy, the industry has a great potential.While SES company product category rich, around the electronic shelf labels, SES company integrated e-paper supply chain resources and downstream software platform, image recognition and big data analysis resources to create a full set of retail industry BOE said the company uses its rich sales network and localization resources to leverage the good brand value of SES and a large number of international customer resources to build user intelligence analysis systems and shelf management systems based on electronic shelf labels The overall retail solution. The transaction, it is the company With the help of investment and mergers and acquisitions, seize the opportunity of development of new retail at home and abroad, and realize the important strategic opportunity of strategic transformation and new retail business

★ Purple core appointment Madao Jie as executive vice president

The sixth meeting of the board of directors of Guiguangguoxin was held on December 21, 2017 and was nominated by Mr. Ren Zhijun, the president of the Company. The nomination committee of the Board of Directors reviewed and proposed that the board appoint Mr. Ma Dajie as the executive vice president and the term of office as the term of office of the sixth board of directors of the Company Ma Daojie: Male, Han nationality, born in August 1964 in Xining, Qinghai, graduated from Beijing University of Posts and Telecommunications and served as Deputy General Manager of China Unicom Guangxi Branch; Deputy General Manager of China Unicom Huasheng Communication Technology Co., Ltd.; Tianyi Telecom Terminal Co., Ltd., General Manager of China Telecom Mobile Terminal Management Center, Vice Chairman of China Telecom Group Trade Union, Vice President of Lenovo Group and Executive Vice President of MBG China Business Co., Ltd. Ma Daojie himself did not hold the shares of this country.

Silanjium Subsidiary received 54.69 million government subsidies

Silan Microelectronics announced on the evening of the 21st and its subsidiary Hangzhou Silanji Xin Microelectronics Co., Ltd. announced that it has won the title of 'New Retrofit Project of Power Electronics and Power Semiconductor Core with 240,000 8-inch Production Lines per Year' by the National Development and Reform Commission and Ministry of Industry and Information Technology 2017 Year integrated circuit major projects subsidies of 50 million yuan.Shilan Jixin Xin December 20, 2017 received Hangzhou Economic and Technological Development Zone Finance Bureau transferred more than 50 million yuan of special funds. The controlling subsidiary of Hangzhou Silan integration On December 20, it received a special fund of 4.69 million yuan appropriated by the Finance Bureau of Hangzhou Economic and Technological Development Zone.

★ Morning Science and Technology intends to wirelessly transfer its core intellectual property assets, transfer fee 90 million yuan

On December 21, Morningstar announced that it had entered into the sale and purchase agreement with Simcom International, Shenzhen Rihai and the underlying companies (Corecom Electronics and Corecom Wireless) on the same day, pursuant to which Simcom International has agreed to sell and Shenzhen Sunsea has conditionally agreed to purchase 100% equity interest in Corecom Wireless, an indirect wholly-owned subsidiary of the Company, for a consideration of RMB518 million and pursuant to the Sale and Purchase Agreement, Morningstar has conditionally agreed to procure the wireless transfer of Corecom before delivery The intellectual property assets, namely, certain patents owned by Shanghai Simutong and Shanghai Chenxing and three trademarks owned by Shanghai Simutong, for a consideration of RMB90 million. According to the supply contract, SIM Technologies subsidiary Subsidiary Core Electronics And Shenzhen Rihai will appoint Shenyang Morning News for the purchase of spare parts and materials for the manufacture of wireless communication modules and for the manufacture and sale of wireless communication modules by Shenyang Chenxun (or other member companies of the Group) for the core Electronics, with the contract period effective from the supply contract Three years from the date.

★ Sea Communication: 5.18 billion proposed acquisition of two wireless communications companies resume trading today

Japan Sea Communications announced on the 22nd, the company plans to 518 million acquisition of Simcom International held 100% stake in Corecom Wireless Technology (Shanghai) Co., Ltd., Shanghai Corecom Electronics Co., Ltd. 100% stake in the company said the underlying asset wireless communication module Is one of the earliest products to enter the market of wireless communication modules and its product categories mainly include 2G, 3G, 4G communication module products and GNSS positioning modules. After the completion of the transaction, the company's R & D capability and sales ability will be dominated by the industry. Stock resume trading today.

★ Flames Electronics: 385 million yuan contract orders accounted for 2016 revenue 34%

In the recent announcement, the Company received two contract orders with clients of special institutions. One of the contract amounts is 193.53 million yuan and the other one is 190.98 million yuan. The total contract value amounts to 384.51 million yuan. Contract Subject: mainly for search and rescue equipment.The total amount of the contract above accounted for 34.36% of the Company's total operating income of the most recent audited accounting year.

★ Letter communications and subsidiaries received government subsidies reward 160 million yuan

Xinwei Communications announced on the 22nd, the company recently received the Shenzhen Municipal Finance Committee strategic emerging industries grant 10 million yuan of funds, the company wholly owned subsidiary letter letter Communications Co., Ltd. recently received a Jintan Hua Luogeng Technology Park Management The committee allocated 149,442,000 yuan for subsidies and the government and subsidiaries received nearly 160 million yuan for government subsidies.

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