Snow Wright's offensive lights and education investment nearly 40 million

Recently, Guangdong Xuelaite Optoelectronics Technology Co., Ltd. (hereinafter referred to as "the company" "the company" or "Snow Wright") has issued two foreign investment announcements, further laying out the field of lights and education, involving a total amount of nearly 40 million yuan. .

According to the announcement released on the evening of the 19th, Daewoo Intelligent Manufacturing Industry Fund Partnership (limited partnership) (hereinafter referred to as "Daewoo Intelligent Manufacturing Industry Fund") jointly established by Shelley and Shenzhen Qianhai Daewoo Capital Management Co., Ltd. Zhejiang Jiali (Lishui) Industrial Co., Ltd. (hereinafter referred to as "Jialy Shares") signed the "Share Subscription Contract".

Jiali shares introduced new investors by issuing shares, and plans to issue stocks with no more than 13 million shares. The Daewoo Intelligent Manufacturing Industry Fund has subscribed for 4.4 million shares issued by Garley Co., Ltd. with its own funds of RMB 29.92 million, and the price per share is RMB 6.80. As of the disclosure date of this announcement, Daewoo Intelligent Manufacturing Industry Fund has paid all share subscription fees.

The company was established in 2006 and its business scope includes the processing, manufacturing and sales of headlights, auto parts, motorcycle parts (excluding engines), and automobile and motorcycle parts and moulds; import and export of goods and technologies permitted by national laws and regulations. .

Another announcement stated that the Guangdong Snow Wright Enterprise Management Partnership (Limited Partnership) jointly established by Shenzhen Qianhai Yingfang Chuangying Capital Management Co., Ltd. and Mingchu Investment signed the “Share Transfer Agreement”.

Guangdong Xuelaite Enterprise Management Partnership (Limited Partnership) transferred 149,100 RMB ordinary shares held by Mingshi Investment to its own capital of RMB 10,003,119. In December 2016, Guangdong Xuelaite Enterprise Management Partnership (Limited Partnership) received 277,000 shares of Mingshi Education held by Mingchu Investment; in March 2017, Guangdong Xuelaite Enterprise Management Partnership (Limited Partnership) was transferred to Ye Furong Holding 225,000 shares of Mingshi Education.

Up to now, Guangdong Xuelaite Enterprise Management Partnership (Limited Partnership) holds a total of 651,100 shares of Mingshi Education, accounting for 5.4266% of the total equity of Mingshi Education.

Mingshi Education was established in 2005. Its main business is tutoring education and education consulting services. The business of Mingshi Education is directly oriented to the end customers. The main customer groups are primary and secondary school students and some pre-school and university students. The main training services offered are extracurricular tutoring classes, full-time re-reading, one-on-one, foreign language training and other types of education and training programs. .

Snow Wright said that the two foreign investments are in line with the company's development strategy. The investment income may bring new profit growth points to the company, will not harm the company and shareholders' interests, have no substantial impact on the company's daily operations, and the company's financial status this year. And business results will not have a major impact.


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