Hangtong Optoelectronics (600487.SH) plans to transfer a portion of the shares of its subsidiary Hangtong Huahai to introduce more diversified capital and resource support.

Intelligent Financial News APP, Hangzhou Hentong Optoelectronics (600487.SH) announced that the company, Hentong Group Limited (hereinafter referred to as "Hentong Group"), Tianjin Tonghui Entrepreneurship Service Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Tianjin Tonghui"), and Suzhou Haixia Huahai Entrepreneurship Investment Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Haixia Capital") have respectively signed a "Share Transfer Agreement", collectively transferring 63.75 million shares of the subsidiary Jiangsu Hentong Huahai Technology Co., Ltd. (hereinafter referred to as "Hentong Huahai" or "the Target Company"), representing 11.7334% of the total share capital of Hentong Huahai, with a transaction amount of 985 million yuan. After the completion of the transaction, the company's shareholding in Hentong Huahai will decrease to 64.2634%.