Orest terminates acquisition of Hefei Ruicheng, Sanan Group increases holdings of Sanan Optoelectronics

May 3 # # Micro Morning Express #

★Orad ceases to acquire Hefei Ruicheng

In preparation for the past year, Ao Ruide’s proposed acquisition of Hefei Ruicheng still ended in failure. A few days ago, Orede announced that the company’s cross-border mergers and acquisitions of 12.4 billion yuan still ended in failure. Oreder’s announcement stated that the company planned to plan In the case of mergers and acquisitions, it is planned to issue shares of five companies including Hangzhou Ruiyue at a price of RMB15.88 per share to purchase a 100% equity transaction in Hefei Ruicheng (controlled by Hangzhou Ruiyue by Zuo Hongbo), and the price is tentatively set at 7.185 billion yuan; China Wealth paid cash to buy a 16% stake in Hong Kong Ruihua and the price was tentatively set at 1.45 billion. However, as of the date of this announcement, Hangzhou Ruiyue failed to pay the remaining equity price in accordance with the agreement, Hangzhou Ruiyue and Hefei Xinyi, Beijing Jiaguang and other related parties also failed to sign a new supplementary agreement on deferred payment.

★ Sanan Optoelectronics: Shareholders Sanan Group intends to increase holdings by RMB 500 million to RMB 4.5 billion

Sanan Optoelectronics announced on the evening of May 2 that shareholder Sanan Group increased its holding of 555.76 million shares, which accounted for approximately 0.14% of the company’s total share capital. After this increase, Sanan Group holds approximately 8% of the company's shares. In respect of the holding plan, Sanan Group intends to increase its holdings in the name of itself and parties acting in concert within the next 3 months (from the date of this increase), and accumulatively increases holdings (including the increase in holdings) 500 million yuan, no more than 1.5 billion yuan, and the cumulative increase in shareholding does not exceed 2% of the company's total issued shares.

★Yiyi Innovation: Shaanxi International Trust plans to reduce its holdings by no more than 2.5% within 6 months

Zhaoyi Innovation announced on the evening of May 2 that the Shaanxi Provincial International Trust Co., Ltd.—Shan Guotou·Wealth 28 Single Fund Trust intends to reduce the 6-month reduction period through centralized bidding transactions and block trades. The total holding of the company's shares does not exceed 5,066,993 shares, ie it does not exceed 2.50% of the company's total share capital.

★ Safety Control Technology: RTU products based on domestic CPU chips have entered the field test

On the interactive platform, Safety Control Technology Co., Ltd. recently stated that the RTU products developed by the company based on China National Loongson's domestic CPU chips have entered the on-site test link, and are the first RTU products based on Godson processors. The introduction of the products will greatly enhance the company's industrial control products. The localization, autonomy, made its own contribution to China's industrial control security.

★ Shen Tianma clarified: There is no plan to sell AMOLED business

Shen Tianma issued a clarification announcement in the evening of May 2, 'The mainland panel maker Tian Ma considered exiting the OLED panel market, and recently discussed the possibility of selling OLED panel business with the Chinese Panda Panda and other manufacturers' reports are seriously inconsistent with the fact that the company did not sell AMOLED. The business plan will unswervingly advance the AMOLED business, enhance core competitiveness, and accelerate the realization of global leading strategic goals.

★ Huiding Technology: The stock price continues to decline and no undisclosed information should be disclosed

The top two consecutive trading days, the limit of which Huiting Technology disclosed the stock price change announcement on the evening of May 2, stated that the company's current production and business activities are normal, and the company, controlling shareholders, and actual controllers have no major information that should be disclosed without disclosure. Media reports or market rumors that need to be clarified or responded; No other significant events that may have a significant impact on the company's stock price have been discovered.

★ Taiji Industry: The controlling shareholder intends to transfer 6.17% of the company's shares

Taiji Industry announced on the evening of May 2 that the controlling shareholder industry group of the company intends to negotiate the transfer of some of the shares held by the company by publicly soliciting transferees. The number of shares to be transferred this time is 130 million shares, accounting for 6.17% of the company's total share capital. This transfer will not result in changes to the controlling shareholder and actual controller of the company.

★Junsheng Electronics: Planned to repurchase 18-22 billion shares

Junsheng Electronics announced on the evening of May 2 that the company plans to repurchase not less than RMB 1.8 billion and not more than RMB 2.2 billion at a price not exceeding RMB 27.50 per share. The number of repurchases will not be less than RMB 65,454,500, accounting for the total The share price of the company is not less than 6.89%. The company's latest stock price is reported at 26.36 yuan. The company stated that with the completion of the acquisition of Gaotian's target assets and the advancement of integration, the company will enter a new stage of development and strive to achieve annual revenue in 2018. 500 billion yuan.

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