Autek China Inc. Acquires 51% Stake in Shaanxi Autek Medical for RMB 63.49 Million

Hithink RoyalFlush (300033) Financial News: At noon on August 10, multiple listed companies released important announcements: Autek China (300595) acquired a controlling stake in Shaanxi Autec Medical for RMB 6.349 million; Jilin Forest Industry (600189) saw 11.1% of the shares held by its controlling shareholder judicially frozen, among others.

1. The CSRC proposes to impose a lifetime ban on participation in the securities market on the actual controller of Kerong Environment

Kerong Environment (300152): Actual Controller Mao Fengli Receives Advance Notice of Administrative Penalty and Market Ban from the CSRC, with a Proposed Lifetime Ban from the Securities Market

2. East Group Won the Bid for the UPS Power Supply Host and Battery Procurement Project of Guizhou Radio and Television Information Network Co., Ltd.

3. Autek China Acquires Controlling Stake in Shaanxi Aotek Medical for 6.349 Million Yuan

Autek China’s Midday Announcement on the 10th: The Company signed the “Investment Cooperation Agreement Regarding Shaanxi Autek Medical Technology Co., Ltd.” (hereinafter referred to as the “Investment Cooperation Agreement”) with Xi’an Daxing Deguang Enterprise Management Consulting Co., Ltd. on the 9th. The Company plans to invest RMB 6.349 million of raised funds in Shaanxi Autek Medical Technology Co., Ltd. (hereinafter referred to as “Shaanxi Autek”) through capital increase and share expansion. Upon completion of the investment, the Company will hold 51% equity interest in Shaanxi Autek. According to available information, Shaanxi Autek was established in October 2017, with a registered capital of RMB 1 million. Its legal representative is Chen Xuping, and its main business includes medical technical services and medical devices.

4. Jilin Forest Industry: 11.1% of Shares Held by Controlling Shareholder Judicially Frozen

Jilin Forest Industry Announced at Noon on the 10th: As of August 9, upon verification by the company, 79.6081 million shares (accounting for 11.1% of the total share capital) held by the controlling shareholder, China Jilin Forest Industry Group Co., Ltd. (hereinafter referred to as "Forest Industry Group"), have been judicially frozen. As of the announcement date, Forest Industry Group holds 281 million shares in Jilin Forest Industry, accounting for 39.18% of the total share capital; the cumulative number of frozen shares is 79.6081 million, representing 11.1% of the total share capital.