Eastern Communication: Intends to select the opportunity to sell 2.92 million shares of Changxin Bochuang stock.
Oriental Communication announced that the company's board of directors has agreed to authorize management to sell up to 2.9157 million shares of Changxin Bochuang stock through the Shenzhen Stock Exchange centralized bidding method within 12 months. The fair value of these shares on March 17, 2026, is 420 million yuan, with a book value of 59.422 million yuan. This transaction is subject to approval by the shareholders' meeting, and there is uncertainty regarding the timing, quantity, and price of the divestment.
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