Leadtrend Technology: Holding subsidiary Walian Electronics plans to apply for the termination of listing on the National Equities Exchange and Quotations.
Lianchuang Optoelectronics announced that its holding subsidiary, Hualian Electronics, intends to apply for the termination of listing on the National Equities Exchange and Quotations. Based on current operating conditions and long-term strategic planning considerations, in order to better focus on managing operations and improve decision-making efficiency, the company has agreed to Hualian Electronics' application to terminate the listing of its stock. Hualian Electronics commits to repurchasing company shares held by dissenting shareholders at a certain price in principle based on the initial cost price of the shares acquired by dissenting shareholders and the latest audited net asset per share attributable to the listed company shareholders of Hualian Electronics.
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