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Recently, Foshan Lighting received the notice from the largest shareholder Osram Prosperity Holdings Co., Ltd., and the name of Osram Prosperity Holdings was changed to Osram Holdings Co., Ltd. with the approval of the Companies Registry of the Hong Kong Special Administrative Region. The company’s contributors were also from the original Osram The two shareholders of the company and Hong Kong Youchang Lighting Equipment Co., Ltd. became independently funded by Osram.
According to the announcement, prior to the change of OSRAM Holdings Limited, OSRAM accounted for 60.14% of Osram Holdings and Hong Kong Prosperity accounted for 39.86% of the shares. Recently, after negotiations between the two parties, OSRAM purchased a 39.86% stake in Osram Holdings held by Prosperity Hong Kong. At present, Osram Holdings is a wholly-owned subsidiary of OSRAM. Its 13.47% stake in Foshan Lighting has not changed and remains the largest shareholder of Foshan Lighting.
The Hong Kong Prosperity, which has withdrawn from Osram Prosperity, has been established for more than 20 years. It is a professional lighting equipment and lighting equipment and materials company in Hong Kong. It has a cooperative relationship with Foshan Lighting for more than ten years.
On August 31, 2004, Foshan SASAC signed a share transfer contract with Osram Prosperity Holdings Co., Ltd. and Hong Kong Prosperity. Osram Prosperity accounted for approximately 13.47% of the total share capital, and Hong Kong Prosperity accounted for approximately 10.50% of the total share capital, respectively. The first and second largest shareholders of Foshan Lighting.
In addition, Foshan Lighting announced at the same time today that the company recently received a notice from Xiamen Bank that the company's share capital subscription and the “Share Subscription Agreement†signed by the company have been approved by the China Banking Regulatory Commission. The company subscribed for 49.95 million shares of Xiamen Bank, accounting for 9.99% of the total share capital after the capital increase and share capital, with an investment of 115 million yuan. At present, the procedures for the payment of relevant shares are being processed.
Related news: Foshan Lighting participated in the approval of Xiamen Commercial Bank
Recently, Xiamen Commercial Bank Co., Ltd. notified that the “Share Subscription Agreement†signed by Foshan Lighting to participate in the capital increase and share expansion of the bank has been approved by the Banking Regulatory Commission of China Banking Supervision [2008] No. 466. The company subscribed for 49.95 million shares of the bank, accounting for 9.99% of the total share capital after the capital increase, and invested 115,009,875 yuan. At present, the procedures for the payment of relevant shares are being processed.
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