Xinhao Optoelectronics (301051.SZ) plans to sell 100% of Dongguan Xinhao's shares at a price of 52.47 million yuan

Zhitongcaijing · 08/30 11:41

Zhitong Finance App News, Xinhao Optoelectronics (301051.SZ) announced that the company plans to transfer 100% of the shares of its wholly-owned subsidiary Xinhao Optoelectronics (Dongguan) Co., Ltd. (“Dongguan Xinhao”) to a related party, Dongguan Lixun Precision Industry Co., Ltd. (“Dongguan Lixun”), with a transaction consideration of RMB 52.47 million.

After this related transaction, the company will no longer hold shares in Dongguan Xinhao, and is expected to increase the company's net profit attributable to shareholders of the parent company by 5.7672 million yuan in 2024.