Lianhua Technology (002250.SZ) subsidiary Shanghai Baofeng will be transferred to the innovation layer starting from May 20th.

Zhishun Finance and Economics APP news, Lianhua Technology (002250.SZ) announced that according to the announcement of the National SME Share Transfer System Co., Ltd. issued on May 19, 2025, regarding the release of the third batch of Innovation Layer admission decisions in 2025, the company's controlling subsidiary, Shanghai Baofeng Machinery Manufacturing Co., Ltd. (referred to as "Shanghai Baofeng"), will be transferred to the Innovation Layer. The relevant decision will take effect from May 20, 2025.