According to the Shanghai Stock Exchange, Dongfeng Electronic Technology Co., Ltd. (hereinafter referred to as Dongfeng Technology) received the relevant approval document from the China Securities Regulatory Commission on June 17, 2010, and has no objection to the company acquisition report announced by Dongfeng Automotive Parts Co., Ltd. (hereinafter referred to as Dongfeng Parts); Approve the exemption of Dongfeng Parts from the tender offer obligation to hold 203814000 shares of Dongfeng Technology, accounting for approximately 65.00% of the company's total share capital, due to the agreement transfer.
After the completion of this equity agreement transfer, Dongfeng Parts will hold 203814000 shares of Dongfeng Technology, becoming the controlling shareholder of the company.
The following is an excerpt from the report released by Dongfeng Electronic Technology Co., Ltd. regarding this acquisition:
Chapter 2 Introduction of the Acquirer
1、 Basic information of the acquirer and its controlling shareholders
(1) Basic information of the acquirer
Company Name: Dongfeng Automotive Parts Co., Ltd
Registered address: No. 9 Checheng West Road, Shiyan City, Hubei Province
Legal representative: Ouyang Jie
Registered capital: RMB 1379 million
Business license registration number: 420300000108843
Enterprise legal representative organization code: 69803456-X
Company type: Limited Liability Company
Business scope: research and development, procurement, manufacturing, and sales of automotive parts and powder metallurgy products; Import and export of goods and technology (excluding projects prohibited by laws and administrative regulations; projects restricted by laws and administrative regulations can only be operated after obtaining a license); Technology transfer and consulting; Investment management.
Business term: from December 29, 2009 to December 31, 2059
Tax Registration Certificate Number: Shiguo Zhangshuizi 42030169803456X
Mailing address: No. 9 Checheng West Road, Shiyan City, Hubei Province
Postal Code: 442001
Contact phone number: 0719-822212
(2) Basic information of the acquirer's controlling shareholder
Company Name: Dongfeng Motor Co., Ltd
Registered address: No. 10 Dongfeng Avenue, Wuhan Economic and Technological Development Zone, Wuhan City, Hubei Province
Legal representative: Xu Ping
Registered capital: RMB 16.7 million
Business license registration number: 420000400004112
Enterprise legal representative organization code: 71786908-8
Company type: Limited Liability Company (Sino foreign Joint Venture)
Business scope: Development, design, manufacturing, and sales of passenger and commercial vehicles and their components, castings and forgings, powder metallurgy products, electromechanical equipment, tools, and molds; Implement organizational management for construction projects; Technical consulting, technical services, information services, logistics services, and after-sales services related to the joint venture's business projects; Import and export business; Other service trade (including insurance agency, old car trade in, financial services).
Business term: from May 20, 2003 to May 19, 2053
Tax Registration Certificate Number: E Guo Di Shui Wu Zi 420101717869088
Mailing address: No. 10 Dongfeng Avenue, Wuhan Economic and Technological Development Zone, Wuhan City, Hubei Province
Postal Code: 430056