aoc gold - SEZ

On February 27, 2012, xinfu pharmaceutical industry in Linan Zhejiang wanma group Electron Limited jointly signed the agreement on the transfer of assets. Company transfers to wanma electronic company themed source of Taihu Lake town aoc gold, Tsing Tsuen were 19,507 square meters (009-001-689), 36,700 square meters (009-001-739), 3,827 sq m (009-005-661) of land for construction of three State-owned land use right and the above ground construction projects, transfer pricing is 39,566,034.82 dollars, coupled with the construction of prepaid electronic payment companies 2,000,000.00 Yuan, totalTotal price of RMB 41 tsw gold,566 rift plat,034. $ 82. The transaction does not constitute connected transactions, nor does it constitute the major reorganization of assets of listed company under the management of a significant asset restructuring. The deal on February 24, 2012 by the fourth session of the Board of the 18th (temporary) for consideration and approval. In accordance with the relevant provisions of the Charter of the company, theNeed not be submitted to shareholders for approval.