Ever Bright Printing Machine Fty. Ltd. is a embranchment of Hong Kong Ever Bright (Holdings) Ltd. It is one of the leading manufacturers of special printing machine and printing materials. Ever Bright maintains a well-established production plant in Dongguan, China. The production facilities include a number of CNC machines, auto lathes and grinding machineries. The products ranging from pad printers, screen printers, hot stamping and heat transfer
machines, printing peripheral machineries and printing materials such as heat transfer film and water transfer film. Moreover, Ever Bright also produces screen tension machines, stencil exposure units and air compressors.
Ever Bright is well-known for wide range of products and reliable quality in both domestic and overseas markets. There are more than 300 sales networks in different regions of China. Ever Bright exports to over 60 countries that include USA, Europe and South East Asia. Among the lines of business, EB cooperates with international companies and domestic research institute for different projects.
Ever Bright was the earliest company in the industry obtained ISO 9002 in China. With the modernization of management technique, EB has been further accredited with ISO 9001 2000 version and awarded as “Faithful & Trustworthy Enterprise” for 6 consecutive years since 2001. In 2007, the company was recognized by the China Government as “Guangdong Top Brand”. In 2008, the company acguried “Guangdong Famous brand”.
Monday, May 16, 2011
EVER BRIGHT PRINTING MACHINE FACTORY LTD
Ever Bright Printing Machine Factory Ltd., which has been set up since 1983, is one of the leading manufacturers of special printing machines and printing materials. Ever Bright owns a well-established production plant in Dongguan, Guangdong, China. Our production facilities include a number of CNC machines, auto lathes, and grinding machinery. Our products range from Pad Printers, Screen Printers, Hot Stamping and Heat Transferring Machines, Printing Peripheral Machines, to Printing Materials, such as Heat Transfer Films and Water Transfer Films. Moreover, Ever Bright also produces Screen Tension Machines, Stencil Exposure Units, and Air Compressors.
China Screenprinting Grahic Imaging Association (CSGIA) has appointed EB as the Council Member, and our "Super Primex" Machines have been selected to be training machinery in the association institute.
Besides, Ever Bright is well-known for a wide range of products of reliable quality in both domestic and overseas markets. There are more than 300 sales networks in different regions of China. Ever Bright exports our products to over 60 countries and regions, including the USA, Europe, and Southeast Asia.
Among the business lines, EB cooperates with domestic research institutes and international companies for different projects. Ever Bright was the earliest company in the industry that obtained ISO9002 in China. With the modernization of management technique, EB has further attained ISA9001:2000 version and been awarded as "A Faithful & Trustworthy Enterprise" for 6 consecutive years since 2001. In 2007, our company was recognized by China Government as "Guangdong Top Brand".
EVER BRIGHT PRINTING MACHINE FACTORY LTD - THE EQUITY TRANSFER AGREEMENTS
| 1. | The Everbright Transfer Agreement and consideration for the China Everbright Bank Transfer |
Pursuant to the Everbright Transfer Agreement dated 7 December 2006 between the Company and the Transferee, the Company agrees to transfer its equity interest of 41,100,506 shares in China Everbright Bank (the “Everbright Shares”) to the Transferee for a cash consideration of RMB66,993,800 (the “Everbright Consideration”). The Everbright Consideration offered by the Transferee is the highest bidding price and the only offer for the Everbright Shares in the Bidding Process.
Immediately prior to this transaction, the Company owned 0.5002% equity interest in China Everbright Bank. After entering into the Everbright Transfer Agreement, the Company has disposed of its entire equity interest in China Everbright Bank.
| 2. | The Bank of Shanghai Transfer Agreements and consideration for the Bank of Shanghai Transfer |
After entering into the Bank of Shanghai Transfer Agreements, the Bank of Shanghai Transferors have agreed to transfer a total equity interest of 3,729,000 shares in Bank of Shanghai (the “Bank of Shanghai Shares”) to the Transferee for a total cash consideration of RMB14,729,600 (the “Bank of Shanghai Consideration”, being the total of the Petrochemical Enterprise Consideration, the Petrochemical Investment Consideration and the Petrochemical Haisheng Consideration, which are defined below).
Immediately prior to the transactions contemplated under the Bank of Shanghai Transfer Agreements, the Bank of Shanghai Transferors owned 0.1435% equity interest in Bank of Shanghai but will cease to own any equity interest in Bank of Shanghai following the transfers. The details of each of the agreements comprising the Bank of Shanghai Transfer Agreements entered into between the Bank of Shanghai Transferors and the Transferee are set out below:
| (i) | The Petrochemical Enterprise Transfer Agreement |
Pursuant to the Petrochemical Enterprise Transfer Agreement dated 7 December 2006 between Shanghai Petrochemical Enterprise and the Transferee, Shanghai Petrochemical Enterprise agrees to transfer its equity interest of 3,074,900 shares in Bank of Shanghai (the “Petrochemical Enterprise Shares”) to the Transferee for a cash consideration of RMB12,145,900 (the “Petrochemical Enterprise Consideration”). The Petrochemical Enterprise Consideration offered by the Transferee is the highest bidding price and the only offer for those 3,074,900 shares in the Bidding Process.
China Approves Everbright Bank Listing in Hong Kong
China Everbright Bank Co. said the mainland banking regulator has approved its plan to sell no more than 12 billion shares in a Hong Kong initial public offering.
Everbright Bank had said in February it will sell up to 10.5 billion shares in the Hong Kong deal, with an option to allot an additional 1.5 billion shares to investors if demand is sufficient.
Everbright Bank said in February it will use the proceeds of the offering to increase its core capital base.
Everbright Bank is the latest midsize Chinese lender to repeatedly tap the capital markets to boost its capital amid the government's tightening efforts to cool the economy. In January, China Minsheng Banking Corp., which raised US$4 billion in a Hong Kong IPO in 2009, said it intends to raise as much as 21.5 billion yuan from the sale of new Shanghai-listed shares.
Everbright Bank had said in February it will sell up to 10.5 billion shares in the Hong Kong deal, with an option to allot an additional 1.5 billion shares to investors if demand is sufficient.
Everbright Bank said in February it will use the proceeds of the offering to increase its core capital base.
Everbright Bank is the latest midsize Chinese lender to repeatedly tap the capital markets to boost its capital amid the government's tightening efforts to cool the economy. In January, China Minsheng Banking Corp., which raised US$4 billion in a Hong Kong IPO in 2009, said it intends to raise as much as 21.5 billion yuan from the sale of new Shanghai-listed shares.
Hong Kong Ever Bright (Holdings) Limited - Hong Kong
Company Profile
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Hong Kong Ever Bright (Holdings) Limited - Hong Kong
Company Profile
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Ever Bright Printing Machine Fty. Ltd.
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