Guangdong QW SOLAR Technology (300716.SZ) plans to sell 100% equity of Zhaoqing Huizhan to optimize the company's industrial structure and business layout.

Guangdong QW SOLAR Technology (300716.SZ) announced recently that the company has signed a "equity transfer agreement" with individual Liang Longfei. The company plans to transfer its 100% equity in Zhaoqing Hui Exhibition to Liang Longfei at a transfer price of RMB 5.7748 million. After this equity transfer, the company will no longer hold any equity in Zhaoqing Hui Exhibition. The sale of 100% equity in Zhaoqing Hui Exhibition is based on comprehensive considerations of the actual development situation of the company, which can optimize the company's industrial structure and business layout.