Product Maintenance

Continue to add LED lighting business, overclocking three to buy 49% of Jiong energy

Last night (12), over frequency three (hereinafter referred to as "the company") issued a announcement, the company is planning major assets restructuring, to issue shares in the way to purchase Zhejiang Jiong Energy Technology Co., Ltd. (hereinafter referred to as "Jiong Da energy") 49% of the stock.

Over frequency three indicates that the related share transfer transaction price is determined by the transaction related parties according to the evaluation results issued by the evaluation agency with the qualification of the securities business. The payment arrangement of the share transfer price shall be arranged by the relevant party of the transaction to enter into a formal reorganization agreement.

It is reported that overclocking three has issued a announcement in September 12, 2017 that the company agreed to buy a 51% stake in Huang Haiyan, Chen Shujie and Hangzhou win sea investment management partnership (limited partnership) with a 127500000 yuan of self financing. Thus, it can be seen that after the completion of the equity transfer, the overfrequency three will hold a total of 100% Jiong energy, and continue to add LED lighting business.

According to the announcement, Jiong Da energy was founded in 2011. It is an energy-saving service company that specializes in providing LED city green lighting renovation one stop solution. Business scope includes: new energy products, solar products, energy saving products, energy saving equipment technology development and technical service, installation and maintenance, contract energy management, engineering technology consulting, engineering management consulting, construction design consulting, meeting service; sales: LED lights, energy saving products, energy saving equipment, household appliances, Central air conditioning, heating and ventilation equipment, cold and warm ventilation equipment, building automatic control system, lighting lighting system design, installation and maintenance, urban road lighting engineering, mechanical and electrical equipment installation construction; domestic and foreign lamps and lanterns, fire intelligent power supply and lamps and lanterns (production limited branch operation) (according to the approved projects, classics phase Operation activities can be carried out after the clearance department is approved.

In addition, according to the relevant regulations, the company applied to the Shenzhen stock exchange, the company stock (Securities: overfrequency three; securities code: 300647) from the opening of the market in April 13, 2018 (Friday).

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