premierbetcasino| Less than a month after the equity delivery was completed, Xingguang shares terminated its acquisition of Ruifeng Culture's equity

Starlight shares (002076) announcement on the evening of May 22ndPremierbetcasinoTo terminate the acquisition of 51% stake in Guangdong Ruifeng Culture and Technology Co., Ltd. (referred to as "Ruifeng Culture").

Starlight said it would terminate the acquisition.PremierbetcasinoThe main reason is that the operation of Ruifeng's cultural business has changed, which is different from the company's development strategic planning. After careful consideration and in-depth and detailed analysis and demonstration, in order to ensure the interests of the company and after friendly consultation among all parties, it was agreed to terminate the original "Cooperation Agreement on Capital increase and share expansion" and terminate this capital increase.

Ruifeng Technology is a comprehensive service enterprise engaged in intelligent acoustics, optoelectronics and multimedia system integration, building acoustics and decoration engineering. Xingguang is one of the representative listed companies in A-share lighting field, reaching the international advanced level in LED lighting, energy-saving lamps, HID automobile xenon lamps, air purification, water treatment, ultraviolet germicidal lamps and other fields, but the company's performance has suffered frequent losses in recent years. This acquisition, Starlight shares originally intended to explore a new business model.

On April 16 this year, the board of directors of Xingguang Co., Ltd. examined and passed the "motion on signing a cooperation agreement on capital increase and share expansion", agreeing to control the company's wholly-owned subsidiary Xingguang with 3538 of its own funds.Premierbetcasino780,000 yuan to increase the capital of Ruifeng Culture. Then, on April 25, Xingguang disclosed that the acquisition completed the industrial and commercial change registration procedures and obtained the notice of approval of change registration (for the record) and the business license issued by the Market Supervision Bureau of Huangpu District of Guangzhou City, that is, the equity delivery of this transaction was completed.

But in less than a month, the acquisition ended. The announcement shows that according to the agreement, after the signing of this agreement, Ruifeng Culture is required to increase 2538 of the capital increase received within 7 working days.PremierbetcasinoAll the .780,000 yuan will be returned to Starlight without interest, and Starlight will no longer hold its equity.

Starlight said that the termination of this transaction is a decision made by the company after careful argumentation and friendly consultation with all parties. After the termination of the transaction and the equity reversal, the company will no longer hold the equity of the underlying company, and the company will recover all the capital increase. There is no risk of recovery of investment funds.

At the same time, Starlight shares said that in order to promote the landing of the company's development strategy, it will still actively integrate external superior resources, empower the main scientific and technological innovation, promote rapid business growth and enhance the space for future development, and the termination of this transaction will not affect the company's existing production and operation activities, nor will it adversely affect the company's development, and there will be no harm to the interests of the company and all shareholders, especially minority shareholders.

Prior to this, Xingguang said that in 2024, the company has established the business strategy of "strengthening the main business and scientific and technological innovation", and will explore new business opportunities and develop new productivity by continuously enhancing the advantages of the main business and enabling scientific and technological innovation. Enhance the space for future development.

Under this management strategy, Xingguang shares have been selling frequently in investment recently. On May 8 this year, Starlight Co., Ltd. announced that the board of directors agreed to buy 40% of the original shareholders of Skycore Quantum with 4 million yuan in cash and 4 million yuan in cash to acquire 40% of the original shareholders of Skycore Quantum. After the equity acquisition and capital increase are completed, Starlight Investment Control or its designated affiliated third party will hold 51% of Skycore Quantum.

Data show that Skycore Quantum, founded in 2017, is an early technology company to enter information security and quantum computing technology services. In recent years, it has focused on quantum secure communications and AI information security, data security, cloud security technology and product development, providing security products, security services and security integration solutions for customers in government, education, energy, health care, finance and other fields.

Xingguang said that quantum information is related to the national strategy and is a key future industry for development. after careful internal demonstration, the company's foreign investment closely follows the guidance of national policies, and seizes the opportunity of a new track in the future industry of quantum information technology. layout to develop new productivity, form new growth points, enhance the company's competitiveness and profitability, in line with the company's long-term development strategic plan.

It is worth noting that after the disclosure of the outbound investment, Starlight shares gained two trading limits, but then fell rapidly. so far, the company's latest share price is 1.92 yuan per share.