On the evening of April 17, Op Lighting announced that in order to further sort out and integrate the company's core business and achieve long-term stable development of the company, it is planned to sell 100% equity of Shanghai Shanglong Lighting Co., Ltd. (hereinafter referred to as “Shanglong Lightingâ€), a wholly-owned subsidiary of the company. .
The counterparty has not yet determined that the proposed transfer price is expected to be no more than 300 million yuan. The specific equity transfer price is based on the evaluation results of the evaluation agencies with qualifications such as securities and futures, and is further negotiated between the two parties. The total revenue expected from the equity transfer is expected to be no more than 200 million yuan.
According to the announcement, Shanglong Lighting is a wholly-owned subsidiary of Op Lighting. Its business scope includes: lighting equipment, electrical switch sales, installation services, lighting circuit system design, technology development in the field of lighting, import and export of goods and technology. , third-party logistics services, warehousing (except dangerous goods), cargo handling services.
As of December 31, 2016, Shanglong Lighting's total assets were RMB 98,613,300 and net assets were RMB 94,498,800. In 2016, its operating income was RMB 74,188,200 and its net profit was RMB 4,774,900.
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