Guo Lian Shares Intends To Invest 4 Million Yuan To Set Up A Controlling Shareholder.

On August 20th, the Beijing couplet video information technology Limited by Share Ltd (hereinafter referred to as the "League of nations") held the Twelfth Meeting of the seventh board of directors yesterday, and passed the motion on the company's investment and establishment of holding subsidiaries.

According to the bill, the company will invest RMB 4 million yuan to invest in the establishment of a controlling shareholder Ningbo paper duo New Material Co., Ltd. (hereinafter referred to as "paper Duo", tentatively named "business registration"). After the completion of this investment, the stock of the League of China holds 80% of the paper, and the paper becomes the controlling subsidiary of the League of nations.

It is understood that the registered capital of the paper is RMB 5 million yuan, and the registered address is Ningbo. The business scope mainly includes: R & D and sales of new materials; operation of telecommunications business; import and export of goods, technology and agents; sales of chemical products, daily necessities, textiles, pulp, paper products, plastic products, rubber products, sanitary products, special equipment, packaging materials, machinery and equipment; design, production, agency, advertising, economic information, enterprise management consulting, software services, technology development, consultation and transfer promotion; conference services; and exhibition exhibition activities.

In addition, the establishment of a controlling shareholder in this investment is conducive to the integration of social resources, expanding the vertical electricity supplier platform of the League of nations, enhancing the ability of sustainable development, meeting the overall development plan of the League of nations, and grasping business opportunities in a timely manner, which is conducive to further consolidating the main business of the company and laying a good foundation for the long-term healthy and stable development of the company.

At the same time, after the completion of the foreign investment, the target company will become a controlling subsidiary of the League of nations, which will be incorporated into the consolidated statement of the company, or will have an impact on the company's future performance.

It is reported that the Internet Conference of the media industry will be held in Nanjing in September 27, 2019. The theme positioning "burning" will include the main forum, investor dinner and industrial Internet "thousand peak Award" and other activities. We are inviting the industry's Internet short chain, medium chain, long chain to represent enterprises and investors, to "burn" the new era of Internet industry.