Lianjian Optoelectronics Shareholders Spend 13 Million to Complete Share Purchase Plan; Jufei and Unilumin Shareholders Voluntarily Pledge Not to

Lianjian Optoelectronics Shareholders Spend 13 Million to Complete Share Purchase Plan

Lianjian Optoelectronics (300269) announced on Wednesday that company shareholder Zhang Yanjun purchased 498,600 company shares on the 6th at an average price of 26.08 yuan per share, totaling approximately 13 million yuan, thus completing the share purchase plan.

Previously, Zhang Yanjun had planned to purchase company shares, with the market value of the purchased shares not less than 12.69 million yuan.

Liantronics stated that after this increase, Zhang Yanjun directly holds 14.6233 million shares of the company, accounting for 2.89% of the company's total share capital.

Jufei Optoelectronics Controlling Shareholder Commits Not to Reduce Holdings Within Six Months

Jufei Optoelectronics announced on the evening of January 5 that, based on firm confidence in the company's future development prospects and recognition of the company's value, and in order to maintain the stability of the company's secondary market stock price, the controlling shareholder and actual controller Xing Qibin committed: from January 5, 2016, he would not reduce his holdings of the company's stocks for six months. If the above commitment is violated, all proceeds from the reduction of shares shall belong to the company.

Unilumin's Lin Mingfeng Commits Not to Reduce Holdings

Unilumin issued an announcement on the evening of the 5th that the company completed the issuance of shares to purchase assets and the supporting fund-raising matter on December 24, 2015 (hereinafter referred to as "this transaction"). Mr. Lin Mingfeng, as one of the subscribers of the supporting funds for this transaction, the company issued 12,108,962 shares to him, which had been listed on the Shenzhen Stock Exchange on December 24, 2015, and Mr. Lin Mingfeng committed as follows: "The new shares of Unilumin that I subscribed for shall not be transferred or entrusted to others for management within 36 months from the date when they are registered under my name at the legally registered institution and listed."

Mr. Lin Mingfeng also made the following commitments in connection with this transaction: "Within 12 months from the completion date of this transaction, I will not transfer or entrust others to manage the shares of Unilumin Technology held prior to this transaction, nor will Unilumin Technology repurchase such shares. If the shares I hold undergo ex-rights events such as capitalization of reserves or bonus share issuances by Unilumin Technology, the actual number of transferable shares I hold will be adjusted accordingly and the aforementioned lock-up period commitment will continue to apply."

As of now, Mr. Lin Mingfeng holds a total of 94,715,689 shares of the Company's stock, representing 41.20% of the Company's current total share capital of 229,874,779 shares. Of these, 74,064,007 shares are restricted shares, representing 32.22% of the Company's current total share capital, and 20,651,682 shares are unrestricted tradable shares, representing 8.98% of the Company's current total share capital.

Based on confidence in the Company's future development prospects and recognition of the Company's intrinsic value, and in order to promote the Company's sustained, stable, and healthy development and safeguard the interests of all shareholders, as the controlling shareholder, actual controller, and Chairman of the Company, Mr. Lin Mingfeng hereby makes the following additional commitments: The 12,108,962 newly added shares acquired by me as a result of this transaction will continue to be subject to the original 36-month share lock-up commitment. Apart from the 12,108,962 newly added shares from this transaction, within 18 months from January 6, 2016, I will not reduce my holdings of the remaining 82,606,727 shares of the Company held directly in my name. If the above commitments are violated, all proceeds from the sale of shares shall belong to the Company.