NVC Lighting intends to increase its shareholding in Dehao Runda by no more than 110 million yuan

Dehao Runda announced on Monday evening that the company's shareholding company, NVC Lighting and its subsidiaries, intend to increase from no more than RMB 1.1 billion to no more than RMB 1.45 per share from the date of approval by the board of directors until December 31, 2017. The price of the shares is purchased by Dehao Runda. Assuming a purchase of 5.45 yuan per share, it is expected that the number of shares to be purchased will be approximately 20.1835 million. The company's shareholding company, NVC Lighting and its subsidiaries are proposed to be approved by the board of directors until December 2017. Before the 31st, the total amount of not more than 110 million yuan, to buy the Dehao Runda stock at a price of not more than 5.45 yuan per share. Assuming a purchase of 5.45 yuan per share, it is expected that the number of shares to be purchased will be approximately 20.183 million shares, accounting for 1.45% of the company's total shares.

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