Xinhao Photoelectricity Technology: Will transfer 100% equity of its wholly-owned subsidiary Anhui Xinguang to Chuzhou Luxshare, with a transaction price of 885,700 yuan
Xinhao Photoelectricity Technology announced that the company will transfer 100% equity of its wholly-owned subsidiary Anhui Xinguang to the related party Chuzhou Luxshare, with a transaction price of RMB 885,700. This transaction does not constitute a major asset reorganization as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies."
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