Ocean King Lighting announced on the evening of the 22nd that the company intends to purchase a 51% stake in Zhejiang Hule through a combination of issuing shares and paying cash. The transaction amount is RMB 117.3 million, of which the share consideration for this transaction is 51%, and the cash consideration is 49%. The number of shares issued for the issuance of shares is 2,652,904 shares, and the issue price is not less than 22.55 yuan per share. In order to pay the cash consideration and related expenses of this transaction, the company intends to raise matching funds to no more than 10 non-public offering shares of specific targets through inquiry. The total amount of funds raised is not expected to exceed RMB 59.823 million. After the completion of the transaction, Zhejiang Hule became a holding subsidiary of Ocean King Lighting.
Established in 2006, Zhejiang Hule is a military-related enterprise specializing in the development, manufacture, sales and comprehensive technical services of marine lighting. The main products of Zhejiang Hule include: fluorescent lamps for ships, explosion-proof fluorescent lamps for ships, navigation signals for ships, stainless steel incandescent lamps, explosion-proof floodlights, marine LED lamps, marine lamps and other series lamps. And related control electrical equipment.
According to the announcement, Zhejiang Hule achieved operating income of 82,300,700 yuan in 2016 and a net profit of 11,161,400 yuan. As of December 31, 2016, the total assets of Zhejiang Hule was RMB 11937.82 million, and the total liabilities were RMB 91,491,700.
♦ Zhejiang Hule main financial data
By acquiring the target company, Ocean King will increase its variety of special environmental lighting products in the ship and increase its market share in civil and military ship-supported lighting products, in line with the strategic direction of listed companies to strengthen the development of the special environmental lighting market for the shipbuilding industry. Due to the similarity between industry and technology, it is easy to form the synergy effect between the target company and Ocean King, enriching the product line of Ocean King's special environmental lighting field, helping to expand the customer base of special environmental lighting products for ships, and constructing special environmental lighting for ships. The core competitiveness of product R&D and production has won the market share of special environmental lighting products for military products, and achieved the goal of two-way development and integration of the company's main business and new business.
KNLE1-63 Residual Current Circuit Breaker With Over Load Protection
KNLE1-63 TWO FUNCTION : MCB AND RCCB FUNCTIONS
leakage breaker is suitable for the leakage protection of the line of AC 50/60Hz, rated voltage single phase 240V, rated current up to 63A. When there is human electricity shock or if the leakage current of the line exceeds the prescribed value, it will automatically cut off the power within 0.1s to protect human safety and prevent the accident due to the current leakage.
leakage breaker can protect against overload and short-circuit. It can be used to protect the line from being overloaded and short-circuited as wellas infrequent changeover of the line in normal situation. It complies with standard of IEC/EN61009-1 and GB16917.1.
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