playgamesforcrypto| Shenzhen Textile A: The termination of the acquisition of Hengmei Optoelectronics is not related to the waiver of the exercise of 40% equity of Shengbo Optoelectronics

May 20playgamesforcryptoShenzhen Textile A (000045) released a record form of investor relations activities. On May 19, the company held an investor briefing meeting on terminating the issuance of shares, paying cash to purchase assets, and raising matching funds and related transactions.

At the meeting, Shenzhen Textile A responded to questions from investors and stated: 1. When conducting M & A transactions, the company needs to make decisions based on various factors such as industry prospects, M & A plans and commercial terms. Subsequent listed companies will continue to seek suitable resource integration and industrial chain layout opportunities from the perspective of safeguarding the interests of all shareholders and listed companies.

2. On December 25, 2020, the company formally replied to waive the right of first refusal to exercise 40% equity of Shengbo Optoelectronics. This reorganization issued an announcement on December 18, 2022 to suspend the suspension of planning for major asset reorganization. The company waived its right of first refusal long before the start of this reorganization plan, and the two transaction arrangements are not related to each other. For details, please refer to the relevant company announcements.

3. The company's waiver of rights and equity transfer are based on arrangements that are conducive to synergistically leveraging the advantages of both parties in the polarizer industry, integrating high-quality resources of both parties, and further improving and strengthening the main business of polarizer. In recent years, with the joint efforts of shareholders of both parties, Shengbo Optoelectronics has continued to improve its operating performance and various economic indicators. In 2023, despite insufficient terminal demand and high competitive pressure in the industry, Shengbo Optoelectronics 'performance will grow against the trend, with major financial indicators such as operating income and net profit reaching record highs.

Shenzhen Textile A said that Hengmei Optoelectronics will remain a strategic partner of Shengbo Optoelectronics after the termination of this reorganization, and the goals and aspirations of both parties to strengthen and optimize the main business of polarizer are the same. The two sides will continue to deepen cooperation, continue to synergize the advantages of both shareholders in the polarizer industry, integrate high-quality resources of both parties, and further improve and strengthen the main business of polarizer to enhance the core competitiveness of listed companies.

sourceplaygamesforcrypto: Reading and Innovation Finance

Tags:

Prev: onlinepokercashgames| Rongfeng Holdings 'inquiry letter on annual report: The annual revenue of 117 million yuan accounted for the majority in the fourth quarter. He was asked whether there was a surprise transaction at the end of the year.
Next: ancientfortunesposeidonmegaways| Changes in Hong Kong stocks 丨 Copper prices hit peak, Jinchuan International hit a two-year high, Jiangxi Copper and Minmetals Resources hit three-year highs