Lianchuang Optoelectronics plans to transfer 40.4 million shares of Lianchuang Boya

Jiangxi joint creation Optoelectronics recently announced that will create surplus to the Beijing Science and Technology Industry Group, Jiangxi joint creation transfer company holds 40% of the shares of Burson-Marsteller, saying Union Optical Group and Beijing Chong Ying no relationship.

Announcements, Union Optical transfer to the transfer price of 7.434 million yuan in the joint creation of Burson-Marsteller 40% equity transfer price paid in cash. After the completion of this equity transfer, the company no longer holds the equity of Lianchuang Boya.

Lianchuang Boya was established on April 21, 2004. It was jointly funded by Lianchuang Optoelectronics, Beijing Beida Pharmaceutical Co., Ltd. and Beijing Chuangying Group. The registered capital is 20 million yuan, and Lianchuang Optoelectronics holds 40%. Lianchuang Boya is mainly engaged in LED display, LED lighting source engineering installation, after-sales service, and landscape design.

As of December 31, 2011, Lianchuang Boya's net assets were 17.20 million yuan, and net profit for 2011 was -458.27 million yuan.

In addition,
Lianchuang Optoelectronics also decided to transfer 40% of the equity of Jiangxi Lianchuang Technology Investment Co., Ltd. to Nanchang Xuntong Network Technology Development Co., Ltd., and Nanchang Xuntong Co., Ltd. has no relationship with the Company.

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