On July 2, Shenzhen Zhouming Technology announced that the company's board of directors reviewed and approved the “Proposal on Completing the Acquisition of Partial Equity of Shenzhen Redio Optoelectronic Technology Co., Ltd.â€. Invested 33 million yuan in currency to increase the capital and acquire part of the equity of Shenzhen Radio Optoelectronic Technology Co., Ltd. (hereinafter referred to as "Redio"), and acquire 60% of the shares of Redio.
It is reported that on March 5, 2012, the board of directors of Zhouming Technology reviewed and approved the “Proposal on Capital Increase of Shenzhen Redio Optoelectronic Technology Co., Ltd. and Acquisition of Part of Its Equityâ€, and agreed to invest 33 million yuan in Shenzhen to Shenzhen. Radio Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Redio") increased its capital and acquired part of its equity, and acquired a 60% stake in the company. Zhouming Technology invested RMB 6 million in the first phase to increase the capital of Redio, of which 4 million yuan entered the paid-up capital of Redeo, and the remaining 2 million yuan entered the Ledio capital reserve.
Within 10 working days after the completion of the capital increase, Lei Dio shareholders Qian Yujun and Lu Chudong transferred 11% of the total share capital of Radio to the company, and the transfer price was RMB 14 million. After the completion of the equity transfer, Chau Ming Technology holds a 51% stake in the total share capital of Redio.
According to the announcement, in view of the previous two natural person shareholders of the company, Qian Yujun and Lu Chudong, they transferred their respective 25.1% and 23.9% equity interests in Redio to Shenzhen Kenli Investment Partnership (Limited Partnership) in April 2013. According to the agreement, the Radio shareholder Shenzhen Kenli Investment Partnership (Limited Partnership) transferred 9% of the total share capital of Radio to Zhouming Technology, and the transfer price was RMB 13 million. After the equity transfer is completed, Chau Ming Technology will hold a 60% stake in the total share capital of Redio.
It is reported that on March 5, 2012, the board of directors of Zhouming Technology reviewed and approved the “Proposal on Capital Increase of Shenzhen Redio Optoelectronic Technology Co., Ltd. and Acquisition of Part of Its Equityâ€, and agreed to invest 33 million yuan in Shenzhen to Shenzhen. Radio Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Redio") increased its capital and acquired part of its equity, and acquired a 60% stake in the company. Zhouming Technology invested RMB 6 million in the first phase to increase the capital of Redio, of which 4 million yuan entered the paid-up capital of Redeo, and the remaining 2 million yuan entered the Ledio capital reserve.
Within 10 working days after the completion of the capital increase, Lei Dio shareholders Qian Yujun and Lu Chudong transferred 11% of the total share capital of Radio to the company, and the transfer price was RMB 14 million. After the completion of the equity transfer, Chau Ming Technology holds a 51% stake in the total share capital of Redio.
According to the announcement, in view of the previous two natural person shareholders of the company, Qian Yujun and Lu Chudong, they transferred their respective 25.1% and 23.9% equity interests in Redio to Shenzhen Kenli Investment Partnership (Limited Partnership) in April 2013. According to the agreement, the Radio shareholder Shenzhen Kenli Investment Partnership (Limited Partnership) transferred 9% of the total share capital of Radio to Zhouming Technology, and the transfer price was RMB 13 million. After the equity transfer is completed, Chau Ming Technology will hold a 60% stake in the total share capital of Redio.
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