Lugee Li form new Liquid Metal Equipment Company
Eontec 8-K
Securities code: 300328
securities referred to: Eontec Bulletin No. 2016-082
Eontec, Ltd
Announcement on Resolutions of the Twenty-third Meeting of the Second Board of Supervisors
All the members of the Company and the Supervisory Committee ensure the truthfulness, accuracy and completeness of the information disclosed, and there are no false records, misleading statements or material omissions.
The 23rd meeting of the 2nd Supervisory Committee of Eontec, Ltd. (hereinafter referred to as "the Company" or "Eontec") was held on November 11, 2016 in Eontec Conference Room. The notice of the meeting will be sent by e-mail and telephone on November 4, 2016. The meeting should go to three supervisors, to the supervisor 3, in line with the "Company Law" and "Articles of Association" requirement. The meeting was presided over by Xiong Hui, Chairman of the board of supervisors of Eontec. After careful consideration by the supervisors at the meeting, the following proposals were considered and approved at the meeting:
"Proposal on Setting up Joint Venture Company and Related Transactions on Outward Investment"
Eontec, Hong Kong Liquid Metal Co., Ltd. and Hong Kong Li Jin Technology Group Co., Ltd. under the subsidiary Anke Limited in their respective areas have a competitive advantage for the extension of the liquid chemical industry chain Eontec to promote the application of liquid metal, (To be approved by the industrial and commercial department, hereinafter referred to as the "Joint Venture Company") with a registered capital of $50 million yuan.
The Company is to be established with Liquid Metal Co., Ltd. and Anke Co., Ltd. jointly to form Shenzhen Li'an Liquid Metal Equipment Co.,
of which Eontec intends to own funds invested $20 million yuan, accounting for 40% of the registered capital of the joint venture company;
Liquidated metal Co., Ltd. invested $12.5 million yuan, accounting for 25% of the registered capital of the joint venture company;
Anke Co., Ltd. invested 17.5 million yuan, accounting for 35% of the registered capital of the joint venture company.
The actual controller of Eontec and Liquid Metal Co., Ltd. are Lugee Li. There is a relationship between Eontec and Liquid Metal Co., Ltd., according to “Shenzhen Stock Exchange GEM Listing Rules” and other relevant provisions of this joint venture to set up joint ventures constitute a connected transaction.
For details, please refer to the announcement published on the website for information disclosure on the GEM designated by the CSRC.
Voting results: 3 votes agree; 0 votes against; 0 abstentions.
Special announcement.
Eontec, Ltd
Board of Supervisors
November 11, 2016
