Lianchuang Optoelectronics: Holding subsidiary intends to repurchase shares and reduce capital by 320 million yuan

Lianchuang Optoelectronics announced that its holding subsidiary, Hualian Electronics, intends to repurchase 44.59 million shares held by Lianfa Group for no more than 320 million yuan and reduce its capital. After the repurchase and capital reduction, the registered capital of Hualian Electronics will change from 129 million yuan to 85 million yuan, and the company's shareholding ratio in Hualian Electronics will increase from 50.01% to 76.34%. The proposal has been approved at the 29th temporary meeting of the 8th Board of Directors of the company.