Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) announced that the company intends to transfer 2212000 shares of Broadex Technologies Co.Ltd(300548) (hereinafter referred to as ” Broadex Technologies Co.Ltd(300548) “) held by the transferor at the price of 40 yuan / share through agreement transfer (accounting for about 12.72% of the total share capital of the target company), taking into account that Zhu Wei (Zhu Wei) transfers the control right as the original actual controller of the target company, Considering that he has devoted all his energy to the survival and development of Broadex Technologies Co.Ltd(300548) and will support the transferee to become the controlling shareholder of the target company and maintain the control of the target company in accordance with the agreement, he will be given a performance reward of 143150000 yuan. As part of the agreed transaction price, the total price of share transfer is 1027950000 yuan. After the completion of the transaction, the proportion of voting rights of the target company controlled by the company through agreement transfer and voting right entrustment accounts for 25.43% of the voting rights of the target company, and obtains the control right of the target company.
The main business of the target company is the R & D, production and sales of integrated optoelectronic devices in the field of optical communication. The target company focuses on the large-scale application of integrated optoelectronic devices, and provides optical passive and active devices for Telecom transmission network, access network and data communication.