July 30, 2014 8:33 PM ET

Specialty Retail

Company Overview of Top Victory Investments Limited

Company Overview

Top Victory Investments Limited operates as a distributor of computer monitors and flat TV screens. The company is based in Tsim Sha Tsui, Hong Kong. Top Victory Investments Limited operates as a subsidiary of TPV Technology Ltd.

RM 1023 10/F, Suite 1023

Ocean Centre

Harbour City

5 Canton Road

Tsim Sha Tsui,  

Hong Kong

Phone:

852 2858 5736

Fax:

852 2546 8884

Key Executives for Top Victory Investments Limited

Executive Director
Age: 70
Compensation as of Fiscal Year 2014.

Top Victory Investments Limited Key Developments

Top Victory Investments Limited Enters into Joint Venture Agreement with China Electronics Corporation, Nanjing Electronics Information Industrial, Nanjing Xingang Development Corporation, Nanjing New Industrial Investment (Group) Co., Ltd. and Sharp Corporation

Top Victory, a wholly-owned subsidiary of TPV, and (i) five parties entered into the supplemental joint venture agreement and (ii) three parties entered into the supplemental investment agreement, in relation to the joint venture. The parties are Top Victory Investments Limited, China Electronics Corporation, Nanjing Electronics Information Industrial, Nanjing Xingang Development Corporation, Nanjing New Industrial Investment (Group) Co., Ltd. and Sharp Corporation. The principal business activities of the joint venture will be including, among other things, (a) to research, develop, manufacture and sell the Products; (b) to provide services in relation to the Products; and (c) to import and export of a variety of products and technologies. Upon completion, the board of the directors of the joint venture will consist of nine members, of which five shall be appointed jointly by CEC and CEC Panda; two shall be appointed by Xingong; one shall be appointed by Xingang and one shall be appointed by Sharp. Upon completion, the total investment of the joint venture will become RMB 29,150 million and the registered capital of the joint venture will remain unchanged at RMB 17,500 million. The amount of registered capital deemed to be contributed by the parties to the supplemental joint venture agreement will be on a pro rata basis with reference to their respective shareholding percentage in the joint venture at completion. Accordingly, save for the proportional contribution of registered capital by Top Victory of RMB 140,000,000, which remains the same as stipulated in the joint venture agreement, no additional funding will be required to be contributed by Top Victory as a result of entering into of the supplemental joint venture agreement.

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