Maoshuo Power invested 190 million to acquire 55% equity of Founder

Maoshuo Power announced today that the company intends to issue 18.7 million shares at a price of 8.64 yuan per share and pay 30.90 million yuan in cash. The purchaser Fang Xiaoqi and Lan Shunming will hold 55% of Hunan Fangzhengda Electronic Technology Co., Ltd. Equity. At the same time, the company intends to issue 3,176,650 shares to Zong Peimin and Cao Guoxiong at the same price, raising 53.85 million yuan for cash consideration and intermediate fees, and the remaining portion will increase capital to Fang Zhengda.

According to the announcement, the estimated value of the 55% equity of Hunan Zhengda, the property of the trading target, was 19,256,800 yuan, and the transaction price determined by the parties to the transaction was 191.664 million yuan. According to public information, the company's main business is the development, production and sales of flexible printed circuit boards (FPC). The products are mainly used in the field of LED energy-saving lighting.

In 2012, 2013 and January-July 2014, the net profit realized by Hufang South Zhengda was about 12,371,600 yuan, 2,699,500 yuan and 17.4745 million yuan respectively. The counterparty promised that Hunan Nanzhengda realized the deduction of non-recurring in 2014-2016. The net profit after profit and loss is not less than 34.48 million yuan, 43.506 million yuan, 52.272 million yuan.

Industrial Zinc Alloy Die Casting

Industrial Zinc Alloy Die Casting,Alloy Electroplating Die Casting,Custom Metal Die Cast Buckle,Zinc Alloy Pressure Die Casting Parts

Dongguan Metalwork Technology Co., LTD. , https://www.dgdiecastpro.com

This entry was posted in on