3500/22-01-02-00 Since its establishment, the company has been committed to the research and development, manufacturing and sales of motion control products in the field of industrial automation, including stepper products, servo products, motion controller products three categories, widely used in semiconductor equipment, 3C electronic equipment, medical equipment, textile machinery, packaging machinery and other industries. Research and control automation has outstanding advantages in industry recognition, customer scale, technological innovation and other aspects, and is in the leading echelon of domestic brands.
At that time, Tuobang Shares said that after the spin-off and listing, research and control automation can further improve the corporate governance structure, enhance the level of professional operation and brand awareness, so as to achieve leapfrog development. After the completion of the spin-off, the research and control automation business and innovation are expected to further accelerate, and its performance growth is still reflected in the consolidated statements of listed companies, which is conducive to improving the overall profitability of listed companies and further enhancing the equity value of listed companies.
Why the planning for nearly two years, Topang shares to termi3500/22-01-02-00 nate the spin-off research control automation GEM listing. In this regard, Topang shares said that since the division of listing matters, research and control automation has fully grasped the development opportunities in the field of industrial control, and the new production base has been successfully put into operation, effectively meeting the downstream market demand. In view of the overall strategic planning of the company’s business and the consideration of improving the quality of listed companies and long-term investment value, the company needs to increase continuous investment in research and development, sales and supply chain in the field of industrial control to enhance market competitiveness.
After comprehensive consideration of factors such as changes in the 3500/22-01-02-00 capital market environment and the actual operation progress of R&C automation, and because the authorization of the board of directors and its authorized personnel approved by the Company’s general meeting of shareholders to fully handle matters related to the spin-off and listing is approaching the effective time limit, the company has decided not to continue to promote the spin-off and listing of R&C automation after full communication with relevant parties and careful discussion.
On the evening of March 11, Tuobang shares simultaneously announced that in order to support the company’s strategic development needs in the field of industrial control, the company planned to acquire all the shares of research control automation held by Zhu Juzhong, Research information Investment and Research Transport Investment. After the completion of all the above matters, the Company will hold 100% of the equity of R&D automation, and Zhu Juzhong, R&D Investment and R&D Yun Investment will no longer hold the equity of R&D automation.
