Jingyuan, a subsidiary of Tongfang Co., recently received an approval from the China Securities Regulatory Commission on the approval of Tangshan Jingyuan Yufeng Electronics Co., Ltd. to issue shares to Tongfang Co., Ltd., etc. (Zheng Jian Li [2012] No. 340), and announced the issuance Share purchase of assets.
The approval of Jingyuan Electronics to Tongfang Shares and Beijing Qingjing Micro-issued shares were 91,155,116 shares and 4,154,977 shares respectively. In addition, to Zhao Weijian, Ge Yuanqing, Wu Xingjun, Duan Li, Meng Hongxia, Song Wei, Ding Yimin and Li Gang respectively issued 3,708,081 shares, 1,632,313 shares, 1,632,313 shares, 14,415,23 shares, 816,156 shares, 593,568 shares, 508,773 shares, and 34,978,1 related assets. The approval is valid for 12 months from the date of approval.
The approval of Jingyuan Electronics to Tongfang Shares and Beijing Qingjing Micro-issued shares were 91,155,116 shares and 4,154,977 shares respectively. In addition, to Zhao Weijian, Ge Yuanqing, Wu Xingjun, Duan Li, Meng Hongxia, Song Wei, Ding Yimin and Li Gang respectively issued 3,708,081 shares, 1,632,313 shares, 1,632,313 shares, 14,415,23 shares, 816,156 shares, 593,568 shares, 508,773 shares, and 34,978,1 related assets. The approval is valid for 12 months from the date of approval.
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