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SoluxTechnologyToBuy51%OfBJETFor285.6MillionYuan

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Solux Technology Mus Yuav 51% Ntawm BJET Rau 285.6 lab yuan

Thawj chav ua noj thiab chav dej kev lag luam lub zog tseem ceeb tshaj plaws hauv chav ua noj thiab cov ntaub ntawv chav dej

Xiamen Solux Technology Co., Ltd. released an announcement on April 30 disclosing that it intends to acquire 51% equity interest in Xiamen Bejit Technology Co.

The announcement shows that Solux Technology’s counterparties are Gong Binhua, Wu Duanyu, Wang Jingui, Xiamen Bemiao Investment Partnership (limited partnership), Xiamen Beben Investment Partnership (limited partnership), and Hook Chen Capital (Xiamen) Investment Management Co.

Xiamen Bejit Technology Co., Ltd. was established in 2006 with a registered capital of RMB 28,688,870,000, focusing on the research and development, production and sales of toilet covers, tank accessories, showerheads and intelligent toilets and other sanitary products, and is one of the major manufacturers in the global segmentation product track, establishing good and stable cooperative relationships with famous sanitary brand manufacturers at home and abroad. Wu Duan Yu is the largest shareholder, tuav 12,574,400,000 feem, with a shareholding ratio of 43.8314%.

According to the announcement, Bejit has been continuously investing in the field of intelligent toilet for many years, forming technical advantages and manufacturing advantages, and has a high reputation in the industry, and has become one of the main representative enterprises in the field of domestic intelligent toilet OEM. As of April 20, 2021, BJET has been granted 358 domestic and foreign patents, including 20 invention patents. Muaj 140 patents in the intelligent toilet category.

According to the announcement, BJET’s 2020 operating revenue was RMB 613 lab, net profit was RMB 60.02 million and net profit attributable to the parent company was RMB 55.4 lab. January-March 2021 operating revenue was RMB 154 lab, net profit was RMB 10.9 million and net profit attributable to the parent company was RMB 10,462,700.

(V) Main financial indicators of the latest year and period

Ib yam: RMB million

Lub Npe Project Taug kev 31, 2021 Lub kawm ob hlis ntuj 31, 2020
Total Assets 55,098. 17 54, 781. 59
Total Liabilities 30,516. 18 30,472. 56
Net Assets 24,581.99 24, 309.03
Lub Npe Project Lub Ib Hlis – Taug kev 2021 2020
Kev Ua Haujlwm Cov Nyiaj Tau Los 15,403. 19 61,331.61
Net Income 1,090.08 6,002.89
Net profit attributable to parent company 1,046. 27 5, 540.11

The above financial data is unaudited.

After Solux Technology completes the purchase of BJET, Wu Duangyu’s shareholding ratio will drop from 43.8314% rau 20.74%.

The percentage of equity interests transferred by Party B to Party A and the amount of equity transfer price available are as follows:

Tus tswv cuab Number of shares transferred (LAB SIB LUAG) Transfer of equity ratio Transfer price

(lab yuan)

Wu Duan Yu 594. 9199 20.7375% 11,613.0000
Gong Binhua 430.8041 15.0168% & 409.4080
Xiamen Bemiao Investment Partnership (Limited Partnership) 141.9360 4.9476% 2, 770.6560
Xiamen Bemiao Investment Partnership (Limited Partnership) 94. 6240 3. 2984% 1,847. 1040
Wang Jingui 191. 2777 6. 6675% 3, 733.8000
Gou Chen Capital (Xiamen) Investment Management Co. 9. 5300 0. 3322% 186. 0320
Tag nrho 1,463.0917 51. 0000% 2& 560.0000

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