Boss Electric Starter will Huibop oil to suspend voting

China Securities Regulatory Commission announced in Wednesday, Hangzhou boss Electrical Appliance Co., Ltd. (hereinafter referred to as "boss Electrical") first application was approved, Hua Oil HUIBOP Technology Co., Ltd. (hereinafter referred to as "Wah Oil Huibop") Start application for a suspension of voting. Boss Electric plan issue 40 million shares, the total share capital after the issue of 160 million shares. The company's main business for the kitchen electrical products research and development, production and sales, the main products include range hood, gas stoves, disinfection cabinets, as well as electric pressure cooker, induction cooker, electric kettle, food processing machines and other ancillary kitchen small household electrical products.　　The funds raised will be used to add 150,000 units to the technical renovation project, an annual output of 1 million sets of kitchen electrical production and construction projects and research and development center construction projects, the total investment of 519 million yuan. China oil Huibop plans to issue 35 million shares, the total share capital after the issuance of 135 million shares. The company is mainly engaged in oil and gas field development of ground system equipment technology research and development, system design, complete sets of equipment and engineering and technical services, belongs to oil and gas field equipment and technology service industry. The funds raised will be invested in the construction project of the oil and gas development equipment production and research base, with a total investment of 240.5 million yuan.