Maoshuo Power Supply 20.79 million investment shares in Shenzhen Lianshuo equipment

On January 7, Moso Power announced that the company signed the "Investment Agreement on Shenzhen Lianshuo Equipment Technology Co., Ltd." with all shareholders of Shenzhen Lianshuo Equipment Technology Co., Ltd. on December 31, 2013. The company owns RMB 20,789,500 in cash and invests in the company.

According to the announcement, Maoshuo Power increased the capital of Lianshuo equipment by RMB1,57.95 million and held 15.7895% of the equity of Lianshuo equipment. After the equity transfer, Maoshuo Power contributed RMB5 million to transfer the shareholder of Lianshuo Equipment. Yushu holds a 5% stake. The investment quota totaled RMB 20,789,500, and the total shareholding ratio of the company was 20.7895%.

The capital increase for the business operation expansion of Lianshuo equipment, including production and construction investment, supplementary liquidity, etc., related to the main business of Lianshuo equipment, shall not be used for holding transactional financial assets and financial assets available for sale. , lending to others, entrusting financial management, entrusting loans, etc.

Maoshuo Power said that the investment in the company will meet the needs of the company's industrial layout, which will help the company further expand its business. Through this investment, the company's competitiveness will be enhanced and new profit growth points will be fostered, which will help the company's operating profit to grow steadily. It will have a positive impact on the company's long-term development and strategic layout.

Shenzhen Lianshuo Equipment Technology Co., Ltd. was established on November 22, 2011 with a registered capital of 8 million yuan. The business scope is general development projects, technology development and sales of precision instruments and peripheral products, research and development and technical consultation of automation system solutions, software development and sales of intelligent control systems and remote control systems, technology development, sales and technology of smart grids. Consultation and so on.

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