Dafu Technology intends to acquire Bailifeng, and BOE completed the acquisition of SES’s shares

March 19 # # Micro Morning Express #

★ Dafu Technology: Plan to acquire the largest mobile phone manufacturer in Chongqing

On the evening of March 18, Dafu Technology announced that the company intends to purchase more than 51% of the equity of Chongqing Bailifeng Technology Co., Ltd. by issuing shares or paying cash. The estimated value of 100% equity of Bailifeng was initially determined to be 16-19. Billion million. Dafu Technology said that the company has already signed the “Transaction Intent Framework Agreement” with the actual controller of the target company and the shareholders. According to the company disclosure information, Bailifeng is the largest mobile phone and intelligent terminal R&D and manufacturing enterprise in Chongqing, 2017 The top 100 enterprises in Chongqing ranked 45. The market share has been ranked in the top ten in China for nearly three years. The company focuses on the research and development of smart terminals, mobile internet operations, and smart manufacturing eco-chain industrial parks. Currently, Bailifeng has formed a smart terminal-based portrait. Layout of the upstream chain of industrial chain, memory, chips and other core resources, horizontal development of smart hardware, smart home, software development and other ecological chain systems. In 2016, Bailifeng was recognized as a national high-tech enterprise by the Ministry of Science and Technology.

★BOE: Completed the acquisition of SES company shares, to achieve consolidated

BOE recently announced that the company’s holding company, BOE Smart Retail (Hong Kong) Co., Ltd. SPV, completed the acquisition of SES-imagotag shares. As of March 16th, SPV had taken a total offer of 358.25 million shares. At this point, SPV accumulatively holds 79.94% of SES. Shares outstanding, payment of the total consideration of the shares 324 million euros, to achieve the consolidated financial statements of the SES.

★Spring and Autumn Electronics: Investment in Hefei Boda Precision Technology Co., Ltd.

Spring and Autumn Electronics recently announced that in order to make full use of the company's business resources and smoothly promote related project construction and market development, the company plans to set up a wholly-owned subsidiary Hefei Boda Precision Technology Co., Ltd. with self-raised funds for foreign investment, and plans to establish a registered capital of 50 million yuan.

★Hager Communications: Signing Cooperation Agreement with National Defense University

Hagrid Communications released an announcement a few days ago that the company has signed the "School-Enterprise Strategic Cooperation Agreement" with the School of Computer Science of National University of Defense Science and Technology. In order to adapt Haida Communication's current or planned development of mobile terminal equipment to the entry into operation of the National University of Defense Science and Technology Unicorn terminal operating system, Kirin Unicom's mobile terminal operating system is jointly promoted, specific terms will be formulated separately based on actual cooperation.

★ Corson Technology: Shareholders intend to reduce their stake in the company by 11.49%

Corson Technology recently announced that the company's shareholder zero denominator investment, the cornerstone of Everest, the cornerstone of China and Europe, plans to reduce the holding of no more than 34.1 million shares of the company through centralized bidding or block trading, that is, no more than 11.49% of the company's total share capital.

★ Han's laser: to transfer 30 million yuan to test 11% stake

Han's Laser recently announced that the company’s wholly-owned subsidiary, Mason Electronics, will test 11% of Mingxin’s shares and sell it to Wu Shaohua (General Manager of Mingxin Testing) for a consideration of RMB 33 million. After the transaction, Mason Electronics will still hold a letter test. 40% stake. It is expected that this transaction will generate approximately 20,560,000 yuan of after-tax income, and the retained 40% equity will be assessed at 112 million yuan. After adjusting for fair value, it will generate an after-tax profit of approximately 71.99 million yuan. The above total affects the company this year. Quarterly net profit of about 92.55 million yuan.

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