Guangzhou ggec intends to acquire Guangzhou aiwei audio company

The target company's shareholders in the assets, performance, and so do a number of commitments and required transfer money purchase Guangzhou ggec [12.10 3.60%] stock collateral guarantee Guangzhou ggec (SZ: 002045) latest price: 12.1 0.42 3.6% market trend News latest notice big single track flows positions cost Guangzhou ggec recently signed a unique asset purchase agreement. The Corporation intends to not more than 28 million Yuan price purchase a has not yet established companies, and provided that the subject companies need to achieve a high level of performance standards, and the seller "on bet". Today, the company intends to acquire 5 purple glow, Shen-natural person established in the target company "Guangzhou aiwei audio co., Ltd.", but this acquisition has a range of prerequisites. First, the original shareholders need to benchmark, September 30, 2009, recently completed the establishment of the target company, the target company and completed before the baseline on Zhongshan love Wei assets, business, sales channels, staff reorganization, the target company transferee obtain professional audio brand "love for 威". Second, the target company to the base date of registered capital and paid-up capital of not less than 28 million Yuan, the original shareholders of the target company to benchmark guaranteed date book all fixed assets and intangible assets, cash, inventory of not less than 28 million Yuan, and cash, inventories and fixed assets not less than 800 Yuan; all assets does not exist the mortgage, and other restrictive rights, nor any liability; exclusive enjoyment of "love for 威" and "AIVIN" trademark ownership; exclusive enjoyment of Zhongshan aiwei owned all purchase and sales channels. Once again, the original shareholders need to ensure that the target company's business and business prospects more Zhongshan aiwei status should have no significant adverse changes in the original shareholder commitment target company 2009 annual audited net profit should be not less than $ 2 million, 2010 annual audited net profit should be not less than $ 6 million, 2011 annual audited net profit should be not less than 10 million, if not implemented performance commitments to original shareholders is a cash payment to the company, the amount of compensation. More unusual is that the former shareholders of a company to pay after the purchase, acquisition, all used for the purchase of Shenzhen Stock Exchange stock trading system, and Guangzhou ggec stock to acquire locks on the date of 2012 year on 30 April. At the same time, the original shareholders of the company's shares will be made to obtain the full pledge to the date of the company's controlling shareholder investment co., Ltd. Guangdong guoguang, pledge period of three years, as a matter of performance commitments, etc. If the original shareholders should companies take responsibility for damages, compensation, guoguang investment is authorized through the legal way to dispose of the amount of the pledge shares corresponding to, and will be paid to the company. In addition, in accordance with the original shareholders is a prerequisite that will no longer use "love for 威" and "the words used by AIVIN" capital or existence of affiliated companies, enterprises and other legal bodies, in addition to the target company's existing use of "love for 威" and "AIVIN" body should be in the target company 100% equity transfer to the company within six months from the date of cancellation. For the acquisition, the company said that after the acquisition, the original shareholders of the target company in 2009, 2010 and 2011 performance commitments to some extent protect company acquisition-related earnings. Yesterday, the Guangzhou ggec closing at $ 12.1 up 3.6%.