Lehman Optoelectronics plans to purchase 230 million shares of Tuo Technology

Lehman Optoelectronics (300162) announced on the evening of July 17 that the company intends to purchase 100% equity of Tuoqi Technology held by three natural person shareholders, including Ke Zhipeng, Hong Maoliang and Sun Jinxiong, through the combination of issuing shares and paying cash. The price is 235 million yuan, of which about 70% of the consideration is paid by way of issuing shares, and about 30% of the consideration is paid in cash.

The company's shares will resume trading on July 20, 2015 (Monday).

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