Di Ao Wei: Plans to sell 0.21% stake in Lingxin Qiaoshou for RMB 35 million.
Dio Micro announced that it intends to sign the "Share Transfer Agreement of Lingxin Qiaoshou Technology Co., Ltd." and other related agreements with Deno Capital, selling 0.21% of its shares in Lingxin Qiaoshou for a consideration of 35 million RMB. After the transaction is completed, Dio Micro's shareholding in Lingxin Qiaoshou will decrease from 1.40% to 1.19%. This transaction is based on the company's development plan, and is beneficial for optimizing asset structure, improving asset liquidity and efficiency, increasing operating funds, providing financial support for the company's operations, focusing on core business and continuously enhancing core competitiveness.
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