Ultrasound Electronics: The transfer of 62% equity of Sichuan Ultrasound has been terminated.
Ultrasonic Electronics Announcement: The company held a board meeting on October 29, 2024, and approved the "Proposal on the Public Listing and Transfer of the Equity of Sichuan Ultrasonic Printed Circuit Board Co., Ltd. owned by the Company," agreeing to publicly list and auction 62% of the equity of Sichuan Ultrasonic Printed Circuit Board Co., Ltd. held by the company on the Beijing Property Rights Exchange with a starting price of 74,562.9 million yuan. On December 24, 2024, the above-mentioned equity was officially listed on the Beijing Property Rights Exchange. The company held a board meeting on July 7, 2025, and approved the "Proposal on Adjusting the Public Listing Price of the Equity of Sichuan Ultrasonic Printed Circuit Board Co., Ltd. transferred by the Company," lowering the price by no more than 10% from the initial listing price, i.e. re-listing and transferring the 62% equity of Sichuan Ultrasonic at a price not lower than 67,106.6 million yuan. By the end of the listing period, the Beijing Property Rights Exchange received interest from only 1 potential transferee, but since the potential transferee did not complete the deposit payment procedure within the specified deadline, the equity listing transfer was terminated.
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