NVC Lighting was approved to establish a limited partnership investment fund
NVC Lighting announced that in order to further implement the company's strategic development plan and strengthen its operation and management, the board of directors has approved the establishment of a limited partnership investment fund to invest in the company's dealers.
At the same time, the company intends to allot and issue a total of 85 million subscription shares at a subscription price of HK$0.83 per share (the same unit). The total proceeds are approximately 70.55 million yuan and the net proceeds are approximately 70 million yuan. It is intended to use the net proceeds for general corporate purposes, business development and working capital requirements.
Sanan Optoelectronics plans to invest 12 million yuan to participate in the establishment of investment funds
Sanan Optoelectronics announced on May 24 that the company will invest RMB 12 million in monetary funds and RMB 12 million in monetary funds from National Integrated Circuit Industry Investment Fund Co., Ltd., and Jinjiang Anzhen Investment Fund Partnership (Limited Partnership) RMB 6 million was invested in monetary funds to jointly establish Fujian Anxin Investment Management Co., Ltd., with a business scope of investment management and investment consultation; the residence is the Jiangpu Community Enterprise Operation Center Building of Chenjing Town, Jinjiang City, Quanzhou City, Fujian Province. .
Under the premise of ensuring the development of the company's main business, Sanan Optoelectronics participated in the establishment of an investment management company. By introducing the professional investment management experience and perfect risk management and control system, it can improve the investment decision-making level and diversify investment risks. To provide various resource guarantees for the company's sustained, rapid and healthy development, which will help accelerate the company's industrial chain layout and further enhance the company's core competitiveness. The investment will not have a material impact on the company's production and operation in the short term. In the long run, it will have a positive impact on the company's future development, in line with the company's development strategy and the interests of all shareholders.
Snow Wright plans to spend 90 million yuan to participate in the establishment of an industrial merger fund
Snow Wright announced on the evening of May 24 that the company intends to jointly establish a joint plan with Shenzhen Qianhai Daewoo Capital Management Co., Ltd. (hereinafter referred to as “Daewoo Capitalâ€), government guidance funds within Guangdong Province, social investors and financial institutions. An industrial M&A fund with a scale of not less than RMB 300 million. The name of the fund is tentatively set as a snow-covered Daewoo Industrial M&A Fund Partnership (Limited Partnership) (tentative name, specifically the name of the industrial and commercial nuclear name, hereinafter referred to as “M&A Fund†"), in which the company will subscribe for a capital contribution of RMB 90 million.
Through the optimization and integration of resources between the two parties, with the rich experience and professional capabilities of Daewoo Capital in the equity investment field, it will effectively increase the reserve of the company's M&A projects, enhance the efficiency of mergers and acquisitions, and directly promote the company to better grasp the opportunities of high-speed development of emerging industries and realize itself. The strategic objectives of M&A expansion and industrial integration.
Through the M&A fund, it will help to eliminate or prematurely resolve various risks such as decision-making risk, financial risk and industry risk in the early stage of the M&A project, and better protect the interests of the company and shareholders.

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