What operation? The reason why LianJian optoelectronics Co., Ltd. was asked about the sale of 1 yuan of equity purchased by 364 million yuan

category:Finance
 What operation? The reason why LianJian optoelectronics Co., Ltd. was asked about the sale of 1 yuan of equity purchased by 364 million yuan


The Shenzhen stock exchange requires the company to check and explain a number of matters:

In 2016, the company acquired 100% equity of Huahan culture with the transaction consideration of 364 million yuan by issuing shares and paying cash, while the selling price was only 1 yuan. The company also made full provision for impairment of the goodwill of RMB 328 million formed by the merger and acquisition of Huahan culture. Please explain the fairness and rationality of the transaction price in combination with the business situation of Huahan culture, the development status of its industry, the achievement of performance commitment and the provision for impairment of goodwill, etc.; Please add the reasons and rationality of the companys choice to sell Huahan culture at the price of 1 yuan instead of bankruptcy liquidation.

Please add whether there are any other agreements or arrangements between the company and its controlling shareholder, the actual controller and the original shareholder of Huahan culture, as well as whether there are any other agreements or arrangements between the company and the controlling shareholder, the actual controller and the original shareholder of Huahan culture. If so, please explain the specific situation.

Up to now, the accumulative amount of compensation due to failure to fulfill the performance commitment of Huahan cultures original trading partner is 293.9405 million yuan, including 132.6067 million yuan in the form of shares and 161.3338 million yuan in cash. Please add: whether the original shareholders of Huahan culture perform their compensation obligations in accordance with the agreement on purchase of assets by cash and issuance of shares, profit forecast compensation agreement and other relevant agreements signed earlier, whether the company has taken effective measures to carry out recourse work, whether there is any situation damaging the interests of the listed company; whether this asset disposal will affect the previous major asset restructuring industry Performance commitment.

The companys business scope includes the production and sales of light-emitting diode (LED) display screen and its application products; technical development of electronic products; and advertising business. According to the latest annual report, the companys main business includes public relations services (45.32%), LED display application products (38.99%), outdoor advertising media (14.76%) and other businesses (0.93%). According to the financial data, in the first quarter of 2020, the total operating income of LianJian optoelectronics was 297 million yuan, a sharp decrease of 62.55%; the net profit attributable to the shareholders of the parent company was - 79.4969 million yuan, a significant decrease of 142.94% year-on-year. In the secondary market, as of press release, LianJian optoelectronics fell 0.58% to 3.41 yuan / share. (Zhongxin Jingwei APP) source of this article: Chen Hequn, editor in charge of Zhongxin Jingwei_ NB12679

The companys business scope includes the production and sales of light-emitting diode (LED) display screen and its application products; technical development of electronic products; and advertising business. According to the latest annual report, the companys main business includes public relations services (45.32%), LED display application products (38.99%), outdoor advertising media (14.76%) and other businesses (0.93%).

According to the financial data, in the first quarter of 2020, the total operating income of LianJian optoelectronics was 297 million yuan, a sharp decrease of 62.55%; the net profit attributable to the shareholders of the parent company was - 79.4969 million yuan, a significant decrease of 142.94% year-on-year. In the secondary market, as of press release, LianJian optoelectronics fell 0.58% to 3.41 yuan / share. (Zhongxin Jingwei APP)