Karen Building Materials: Intends to acquire 51% equity of Suzhou Jiazhi Color Optoelectronics

Jinshi data news on January 7th, Karen Building Materials announced that the company has recently signed a framework protocol on the acquisition of the equity of Suzhou Jiazhi Cai Guangdian with Suzhou Silicon Color Optoelectronics, Suzhou He Cai, Suzhou Yuan Cai, and Chen Xianfeng, planning to purchase no more than 51% of its equity in cash. At the same time, the controlling shareholder Karen Holdings, the actual controller Qian Lindi, and its concerted action person Green Investment plan to transfer a total of 53,634,200 shares of the company, accounting for 14.4852% of the total share capital, to Suzhou Silicon Color Optoelectronics and Chen Xianfeng through the protocol transfer. Among them, Karen Holdings plans to transfer 6.7788%, Qian Lindi plans to transfer 1.6204%, and Green Investment plans to transfer 6.0859%. Suzhou Silicon Color Optoelectronics will acquire 9.2187%, and Chen Xianfeng will acquire 5.2664%. After the completion of this transaction, Suzhou Silicon Color Optoelectronics will hold 9.2187% of the shares of the listed company, and Chen Xianfeng will hold 5.2664% of the shares.