Today morning, Elec-Tech (hereinafter referred to as "the company") released a major asset reorganization to continue the suspension of the announcement, this transaction is subject to a LED lighting manufacturing assets.
According to the announcement, the company planning due to mergers and acquisitions matters of a LED lighting manufacturing assets, this constitutes a major asset reorganization, the company apply to the Shenzhen stock exchange, the company stock (stock abbreviation: Elec-Tech, stock code: 002005) has been suspended since opening January 26, 2018, and in January 26, 2018, February 2nd, February 9th, February 23rd "Securities Times", "China Securities Daily", "Shanghai Securities News" and cninf issued "on the major issues of equity acquisition and termination planning a major asset restructuring suspension notice" (Notice No.: 201 8-11), "significant progress in asset restructuring suspension notice" (Bulletin No. 2018-14), "a major asset restructuring suspend the progress of the announcement (Bulletin No. 2018-17)", "significant progress in asset restructuring suspension notice" (Notice No.: 20 18-24).
Elec-Tech said the company originally planned in February 26, 2018 before the disclosure of this major asset restructuring plan (or report), but due to a major reorganization of assets involved in the preparatory work for a large amount of work, the specific content of the restructuring plan still needs further discussion, demonstration and improvement, and during the suspension period across the Spring Festival holiday, related work is difficult in the first time after a suspension a month. In order to ensure that the major asset restructuring the information disclosed is true, accurate and complete, guarantee the major asset restructuring work smoothly, to avoid abnormal stock price volatility, safeguard the interests of investors, the company apply to the Shenzhen stock exchange, the company shares will be from February 26, 2018 opening to continue the suspension, is expected to continue the suspension of time not exceeding one month.
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