Mulinsen announced on the evening of July 15 that the company plans to invest in other companies in the LED industry in the form of capital increase. The estimated investment amount is about RMB 5-1 billion, and Shanghai Jintiancheng (Shenzhen) lawyer is hired. The firm and Ruihua Certified Public Accountants (special general partnership) provide legal and financial services for investment matters.
In view of the significant uncertainty of the matter, in order to ensure the fairness of information disclosure, safeguard the interests of investors and avoid abnormal fluctuations in the stock price of the Company, according to the “Stock Listing Rules of Shenzhen Stock Exchange†and the “Memorandum of Information Disclosure of SME Board†No. 14: The Listing Company's suspension of trading business, the company's shares will be suspended from 15:00 on the afternoon of July 15, 2016.
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