Asahi Optoelectronics Co., Ltd.: Plans to sell 32.55% of the shares of the affiliated company for 100 million yuan.
Asahi Electronics announced that, in order to focus on its main business, the company plans to transfer 32.55% of its equity in Yuhan Technology, which it holds, to Zhongji Xuchuang for 100 million yuan. After the transaction is completed, the company will no longer hold shares of Yuhan Technology. Yuhan Technology had a revenue of 479 million yuan in 2024, with a net loss of 45.47 million yuan. The pricing of this transaction is based on the evaluation value of the assets, which was determined through negotiation between the two parties. Payment will be made in two installments, with 50 million yuan to be paid within 10 working days after the agreement takes effect, and another 50 million yuan to be paid within 10 working days after the completion of the change in the board of directors. The proposal has been reviewed and approved by the board of directors, and will be submitted for approval at the shareholder meeting on November 17, 2025.
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