Three large LCD panel manufacturers business integration period extended to the end of September

Sina Science and technology news June 28, Beijing Oriental Science and Technology Group issued a notice of the announcement that, because of its Beijing-Orient Photoelectric and SVA, radio and television information and the integrated TFT-LCD LCD Business work involved in a large amount of assets, work complex, and to obtain the early approval of the government time than expected long, the parties in recent signing the With regard to the terms of intent agreement, the parties agree to extend the validity of the letter of intent for the reorganization project, and to sign the final legal document on the reorganization project (including but not limited to the reorganization agreement and the joint venture contract and articles of association with respect to the specialized company) prior to or before June 30, 2007.　　)。　　The following is the full text of the Beijing Oriental Bulletin: BoE Technology Group Co., Ltd. prompt notice of the company and all members of the Board of Directors to ensure the content of the truth, accuracy and integrity of the announcement of the false records, misleading statements or major omissions are jointly and severally liable. The company published on December 28, 2006, "BoE Technology Group Co., Ltd. on the proposed integration with the domestic TFT-LCD enterprises to carry out the prompt announcement," the company intends to hold Beijing Oriental Photoelectric Technology Co., Ltd. (hereinafter referred to as "Beijing Oriental Photoelectric") large size TFT-LCD business and Shanghai radio and television ( Group) Co., Ltd., Shanghai Radio and Television Electronics Co., Ltd., Shanghai Radio and television Information Industry Co., Ltd., Kunshan Economic and technological development zone Asset Management Limited, Dragon Holding Co., Ltd. and other parties have TFT-LCD business (including TFT-LCD large size panel and upstream and downstream assets and cash) The integration of business reorganization, because the reorganization of the project involves a large amount of assets, complex work, and to obtain early approval of the government's time is longer than expected, the parties in the recent signing of the Agreement on the intention of the supplementary intent, the parties agreed to extend the validity of the letter of intent of the reorganization project It is amended to sign the final legal document on the reorganization project (including but not limited to the reorganization agreement and the joint venture contract and Charter of the specialized company) on or before September 30, 2007.　　Subsequently, the parties will report to the relevant government departments for approval and registration, thus formally completed the formation of specialized companies.　　The company will promptly disclose the development of TFT-LCD business Reorganization matters, please investors pay attention to investment risk.　　Hereby announce. The Board of Directors of Beijing Orient Technology Group Co., Ltd. June 27, 2007