Huaying Technology plans to sell 2 million yuan of subsidiary Huaying Optoelectronics

Huaying Technology (000536) announced on the evening of August 13, in view of the fact that the subsidiary Shenzhen Huaying Optoelectronics Co., Ltd. was in operation after the trial operation, the actual operation efficiency is not high, and the operation situation does not meet the actual needs of the company. The 100% equity of Optoelectronics was sold to Huaying Bermuda, the controlling shareholder. The transaction price was calculated based on the registered capital of Shenzhen Huaying Optoelectronics invested by the company of 2 million yuan.

Shenzhen Huaying Optoelectronics was incorporated in June 2013. As of June 30, the net assets were 1.17 million yuan.

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