Zhongtai Securities Asset Management Co.,Ltd. completed the acquisition of 5.07% stake in Leyard Optoelectronic Co., Ltd..
July 14, 2021
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Zhongtai Securities (Shanghai) Asset Management Co.,Ltd. signed the share transfer agreement to acquire 5.07% stake in Leyard Optoelectronic Co., Ltd. (SZSE:300296) from Li Jun for approximately CNY 940 million on July 5, 2021. As per terms of transaction, Li Jun sold 129 million shares at CNY 7.28 per share. Zhongtai Securities (Shanghai) Asset Management Co.,Ltd. shall pay the total share transfer price in installments, Zhongtai Securities (Shanghai) Asset Management Co.,Ltd. shall pay the first transfer price to within 5 working days and the remaining transfer price shall be paid to the seller’s receiving account within 360 natural days from the payment date of the first transfer price.
Zhongtai Securities (Shanghai) Asset Management Co.,Ltd. completed the acquisition of 5.07% stake in Leyard Optoelectronic Co., Ltd. (SZSE:300296) on July 15, 2021.
Leyard Optoelectronic Co., Ltd. is principally engaged in the research, development, design, production and distribution of audio-visual products. The main products include light emitting diode (LED) display and integration, LED small spacing television (TV), LED intelligent lighting, as well as LED culture and sports education media. The Company's products are mainly applied in stadiums, business places, hotels, financial service places, office buildings, public service places, railways, roads, airports, subways, stages, broadcasting and television studios and others.
LEYARD OPTOELECTRONIC CO., LTD. 
