Transfer of equity of Maxus instrument 757 held by

2022-08-07
  • Detail

Weitai transfers 75.7% equity of Datong instrument recently, Shanghai Weitai Industrial Automation Co., Ltd. (hereinafter referred to as "the company") announced that the company would transfer 75.7% equity of Datong instrument

recently, Shanghai weltai Industrial Automation Co., Ltd. (hereinafter referred to as "the company") announced that the company would transfer its 75.7% equity of Datong instruments

the company held the 17th (Interim) meeting of the 5th board of directors on November 16, 2015, which deliberated and passed the proposal on transferring the equity of Datong instrument, a holding subsidiary, It is agreed that the company will transfer 75.7% of the equity of Shanghai Datong Instrument Co., Ltd. (hereinafter referred to as "Datong instrument") held by the wholly-owned subsidiary Shanghai weltai Instrument Co., Ltd. (hereinafter referred to as "instrument company") to Mr. Huang He, the natural person shareholder of Datong instrument at the price of 15million yuan agreed by both parties. The instrument company has signed the equity transfer agreement with Mr. Huang He. After the completion of this equity transfer, the company will no longer directly or indirectly "Chang Manson stressed that after holding the equity of Datong instrument, Datong instrument will no longer be included in the scope of the company's consolidated statements

in view of the fact that the delivery of assets involved in the sale of assets that may add a protective cover to electromechanical equipment has not been completed, according to relevant regulations, the implementation progress of this asset sale is described as follows:

as of the date of this announcement, The instrument company has received the deposit of RMB 3.98 million for equity transfer of Datong instrument and the asset transfer payment of RMB 3million from Datong instrument paid by the transferee Mr. Huang He. The remaining amount of this transaction has not been paid

according to (4) the asset transfer agreement signed between the instrument company and Datong Instrument Co., Ltd. to maximize the braking force, Datong Instrument Co., Ltd. shall return the instrument company's operating current account of RMB 4046696.56 and the asset transfer payment of RMB 952500 before January 31, 2016, totaling RMB 4999196.5. The above two payments have exceeded the agreed period for 8 working days. According to the breach stipulated in the equity transfer agreement and asset transfer agreement signed by the three parties to the transaction, Mr. Huang He has committed a breach of contract. The instrument company will urge him and Datong instrument to complete the payment of the above funds as soon as possible and pay liquidated damages according to the provisions of the breach

in addition, if Mr. Huang he fails to timely correct his breach of contract and pay the above amount to the instrument company, the instrument company has the right to unilaterally terminate the transaction agreement according to the agreement signed by the three parties, so there is a risk of termination of the implementation of this asset sale

the company will timely disclose the follow-up implementation progress of this transaction in accordance with relevant regulations

Copyright © 2011 JIN SHI