On November 19th, Lianjian Optoelectronics (300269) issued an evening announcement. The board of directors agreed that the company will cancel the Strategic Cooperation Framework Agreement signed by Beiguang Mobile Media on September 27, 2010 and the supply contract for LED products of PetroChina Gas Station. A series of agreements such as the "Equity Transfer Agreement", Beibei Mobile Media returned a prepayment of 5 million yuan equity transfer and paid compensation of 1.5 million yuan. At the same time, it is agreed that the company will transfer 10% of the shares of Zhonghao Media Co., Ltd. (ie 5 million shares) to Beiguang Mobile Media or its designated third party at a price of not less than RMB 6.5 million.
Beiguang Mobile Media is the exclusive operator of China Petroleum's national gas station multimedia advertising. Lianjian Optoelectronics and Beiguang Mobile Media have been negotiating for a long time to become the exclusive supplier of LED application products of China Petroleum Multimedia Advertising Project, in 2010 9 On the 27th, it signed a series of agreements with Beiguang Mobile Media on the "Strategic Cooperation Framework Agreement", "China Petroleum Gas Station LED Product Supply Contract" and "Equity Transfer Agreement", which is intended to enable the two sides to cooperate in depth and win a win-win situation. . Zhonghao Media Co., Ltd. ("Zhongyi Company"), which was established to operate the China Petroleum Media Project, was established during the negotiation process between the two parties. The company, as the promoter of Zhonghao Company, holds 10% of its shares (5 million shares). At the same time, the company is optimistic about the prospects of the project and Zhonghao Company, and is willing to increase its holding of 10% of Zhongli Company by way of the transfer of Beiguang Mobile Media.
As of September 27, 2013, Beiguang Mobile Media has not procured LED products from the company because the LED products actually invested in the CNPC media project did not meet the original plan. As for the "Equity Transfer Agreement", Lianjian Optoelectronics has paid 5 million yuan as an advance payment for equity transfer, and the remaining 10 million yuan of product offset equity investment has not been carried out, and the equity transfer procedures have not been processed. Since June 25, 2011, Lianjian Optoelectronics and Beiguang Mobile Media have conducted many consultations on the operation of Zhonghao Company and the implementation of related agreements, which are unable to reach an agreement because of the disagreement between the two parties. Therefore, the above agreement was terminated.
Beiguang Mobile Media is the exclusive operator of China Petroleum's national gas station multimedia advertising. Lianjian Optoelectronics and Beiguang Mobile Media have been negotiating for a long time to become the exclusive supplier of LED application products of China Petroleum Multimedia Advertising Project, in 2010 9 On the 27th, it signed a series of agreements with Beiguang Mobile Media on the "Strategic Cooperation Framework Agreement", "China Petroleum Gas Station LED Product Supply Contract" and "Equity Transfer Agreement", which is intended to enable the two sides to cooperate in depth and win a win-win situation. . Zhonghao Media Co., Ltd. ("Zhongyi Company"), which was established to operate the China Petroleum Media Project, was established during the negotiation process between the two parties. The company, as the promoter of Zhonghao Company, holds 10% of its shares (5 million shares). At the same time, the company is optimistic about the prospects of the project and Zhonghao Company, and is willing to increase its holding of 10% of Zhongli Company by way of the transfer of Beiguang Mobile Media.
As of September 27, 2013, Beiguang Mobile Media has not procured LED products from the company because the LED products actually invested in the CNPC media project did not meet the original plan. As for the "Equity Transfer Agreement", Lianjian Optoelectronics has paid 5 million yuan as an advance payment for equity transfer, and the remaining 10 million yuan of product offset equity investment has not been carried out, and the equity transfer procedures have not been processed. Since June 25, 2011, Lianjian Optoelectronics and Beiguang Mobile Media have conducted many consultations on the operation of Zhonghao Company and the implementation of related agreements, which are unable to reach an agreement because of the disagreement between the two parties. Therefore, the above agreement was terminated.
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