BOE plans to acquire a 30% stake in Caihong Optoelectronics for a transaction price of 4.849 billion yuan.
JD.com announcement: The company plans to acquire 30% equity of Rainbow Optoelectronics held by Rainbow Holding at a price not lower than the listed price. As of the disclosure date of this announcement, the company has signed a "Equity Transfer Agreement" with Rainbow Holding. According to the agreement, the transfer price of the equity stake is 4.849 billion RMB. The payment method is as follows: In the first phase, within 5 working days after the agreement takes effect, 30% of the equity transfer price will be paid, including the already paid deposit of 1.455 billion RMB; in the second phase, within 5 working days from the date of the business registration change of the equity stake to the company's name, 60% of the equity transfer price will be paid, 2.909 billion RMB; in the third phase, within 1 year after the agreement takes effect, the remaining price of 485 million RMB will be paid.
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