Stanley Semiconductor Lighting publicly transfers 51% equity to a value of approximately 1.7 million yuan
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As assessed by Suzhou Henganxin Assets Evaluation Office, as of July 31, 2011, Suzhou Stanley Semiconductor Lighting Technology Co., Ltd. had an asset valuation of 4.962 million yuan and an estimated liability of 1,636,800 yuan. The net asset valuation was 332.51 million yuan. The 51% equity interest in this public transfer corresponds to an evaluation value of RMB 1,695,800, and the reference price for the equity listing is not less than RMB 1,695,800.
Suzhou Stanley Semiconductor Lighting Technology Co., Ltd. was established in April 2006. The company's residence is located at 158-70A, Huashan Road, Fengqiao, Suzhou High-tech Zone, Jiangsu Province. The company is a limited liability company (Sino-foreign joint venture) with a registered capital of USD 500,000. The capital is 500,000 US dollars, of which Suzhou High-tech Zone Venture Technology Investment Management Co., Ltd. holds 51% of the shares, and Stanley Electric Co., Ltd. holds 49% of the shares.
The company's general business projects include: research and development, production of semiconductor lighting devices, components and their application products and related parts, sales of self-produced products and provide related technical support and after-sales service. 