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Holders who completely terminate their interest within the Company following the Merger, whether such curiosity is held immediately or not directly, together with by application of attribution rules for U.S. Zhang, was one of many useful house owners of RENergy who sold sure of her entities holding the shares in China Smart. The Company entered into share purchase agreements in May and October 2015 to acquire the whole stake in China Smart Electric Group Limited ("China Smart"), a Cayman Islands firm. Upon full payment of the acquisition consideration by the Company, Ling Wu acquired 20,539,306 Shares within the Company and approximately RMB213.5 million (US$32.5 million) in money. Ling Wu, the partner Mr. Please also refer to the transactions described underneath "Transactions in Shares and ADSs—Transactions throughout the Buyer Group" beginning on web page 10 federal income tax functions. Holder holds pursuits in Parent or the Company indirectly via an interest owned by a member of the family or a partnership or different associated entity.
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Ltd., Fuji Heavy Industries Ltd., Hansen Transmissions International NV, Luminous Power Technology, Converteam SAS, Integral Drive Systems AG and Clipper Windpower Ltd.) are not instantly similar to the Company. For the Chinese companies within the chosen M&A transactions evaluation, Jinpan International Limited doesn't interact within the wind turbine manufacturing enterprise, which is the Company’s principal enterprise, and each of Liaoning Creative Bellows Co., Ltd. Shanghai Activist Gong Haoming Detained For Linking Olympics To Human RightsShanghai Activist Gong Haoming Detained For Linking Olympics To Human Rightsshanghai activist gong haoming detained for linking olympics to human rightsLawyer QiqihaerLawyer Qiqihaer
The Company isn't immediately similar to the target companies in the selected M&A transactions analysis given sure traits of the transactions and the target firms, including dimension, business comparability and lack of latest related transactions. Therefore, Duff & Phelps concluded that these goal companies with their principal place of business outside China (including VaconOyj, Fandstan Electric Group Limited, REA Power Pte. Therefore, although reviewed, Duff & Phelps did not choose valuation multiples for the Company primarily based on the selected M&A transactions evaluatio and Suzlon Energy Limited has mathematically meaningless EBITDA multiples, for which Duff & Phelps concluded that the Chinese company transactions included in the chosen M&A transactions analysis weren't significant for purposes of comparable transactions analysis. In addition, the Company, together with the China Wind Turbines & Components trade in general, is highly influenced lawyer citizenship by investment China’s home economy and local authorities policy.
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