Mande Electronics: Intends to sell 51% equity of its holding subsidiary for 14.8 million yuan.

Minde Electronics announced on November 5 that the company plans to transfer its 51% stake in its controlling subsidiary Shenzhen Junan Hongtu Technology Co., Ltd. to Hangzhou Junhai Qichen Enterprise Management Partnership Enterprise for 14.8 million yuan. After the above transaction is completed, the company will no longer hold any stake in Junan Hongtu, and Junan Hongtu will no longer be included in the company's consolidated financial statements.