Sun Yoo Optics Technology: Signs a memorandum of understanding with Goer Share and Goer Optics.
Sunyu Optoelectronics Technology announced on the Hong Kong Stock Exchange that on August 21, several member companies of the group entered into a memorandum of understanding with Goer Holdings and Goer Optics. According to the memorandum of understanding, the parties agree to further negotiate and enter into a final agreement on the subscription matter, with the following main terms: After the restructuring is completed, Ningbo Aolai will contribute the entire equity of Shanghai Aolai it holds as consideration to subscribe for the equity of Goer Optics; and after the subscription matter is completed, Ningbo Aolai will hold approximately 33.33% of the equity of Goer Optics after the completion of the subscription matter.
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