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Joint Construction Optoelectronics announced that the company plans to use its own capital of 15 million yuan to obtain 20% of the fully diluted shares of Shenzhen Xingyu Cultural Tourism Investment Co., Ltd. through a capital increase, with a pre-investment valuation of 60 million yuan. After the transaction was completed, the company held 20% of Starland Cultural Tourism's shares and was not included in the consolidated statements. Li Yunpeng, the original shareholder, promised that the target company's three-year cumulative deducted non-net profit from July 1, 2026 to June 30, 2029 would not be less than 12.5 million yuan, or that the three-year cumulative main business revenue would not be less than 180 million yuan, and that the cumulative deduction of non-net profit would be positive. The company's board of directors has reviewed and passed the bill, and this transaction does not constitute a related transaction or major asset restructuring.
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Joint Construction Optoelectronics announced that the company plans to use its own capital of 15 million yuan to obtain 20% of the fully diluted shares of Shenzhen Xingyu Cultural Tourism Investment Co., Ltd. through a capital increase, with a pre-investment valuation of 60 million yuan. After the transaction was completed, the company held 20% of Starland Cultural Tourism's shares and was not included in the consolidated statements. Li Yunpeng, the original shareholder, promised that the target company's three-year cumulative deducted non-net profit from July 1, 2026 to June 30, 2029 would not be less than 12.5 million yuan, or that the three-year cumulative main business revenue would not be less than 180 million yuan, and that the cumulative deduction of non-net profit would be positive. The company's board of directors has reviewed and passed the bill, and this transaction does not constitute a related transaction or major asset restructuring.
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