Yuanheng Optoelectronics acquired 95% equity of its controlling shareholder Yuanheng Ruigan

Yuanheng Optoelectronics said that the purpose of the acquisition is based on the recognition of Yuanheng Optoelectronics' management and development strategy and optimistic about the company's future development prospects. Through this agreement, the company obtained a 95% stake in Yuanheng Ruigan and indirectly Yuanheng Optoelectronics Co., Ltd. (18.52 -3.94%, diagnostic stock), in order to obtain investment income, did not seek the control of Yuanheng Optoelectronics Yuanheng Optoelectronics released the acquisition report. The report shows that in this acquisition, the purchaser acquired a 95% equity interest in Yuanheng Ruigan, the controlling shareholder of Yuanheng Optoelectronics, in cash. Yuanheng Optoelectronics said that the purpose of the acquisition is based on the recognition of Yuanheng Optoelectronics' management and development strategy and optimistic about the company's future development prospects. Through this agreement, the company obtained a 95% stake in Yuanheng Ruigan and indirectly Yuanheng Optoelectronics Co., Ltd. (18.52 -3.94%, diagnostic stock), in order to obtain investment income, does not seek the control of Yuanheng Optoelectronics. After the completion of the equity acquisition, the shareholder of Yuanheng Optoelectronics is still Yuanheng Ruigan, and the actual controller is changed to Wu Jiezhong. According to public information, Yuanheng Optoelectronics was listed on January 24, 2014 for the technical development, production, sales, installation and after-sales service of LED application products such as LED display and LED lighting.

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