Xinhao Optoelectronics: Shareholders holding more than 5% of the shares, with 1.47 million shares, are expected to be auctioned off by the judiciary.

SinHo Optoelectronics announced that 1.47 million shares held by shareholder Liang Guohao, with a 5.65% stake, will be judicially auctioned by the People's Court of Bao'an District, Shenzhen, Guangdong Province on July 2-3. If successful, this will result in a passive reduction of his shareholding. As of the disclosure date of the announcement, Liang Guohao has had a total of 15.6262 million shares judicially auctioned, accounting for 97.36% of his holdings and 5.50% of the company's total share capital. This auction will not lead to a change in the company's largest shareholder, will not affect normal production and operations, but there is uncertainty.