
Huaxicun: Transfer of Sols Optoelectronics shares, total transaction price of 200 million USD
Huaxicun announced that Shanghai Qilan and 14 other entities plan to sign a share transfer agreement with Chao Yi Group Co., Ltd. and Suzhou Dongshan Precision Manufacturing Co., Ltd. Shanghai Qilan intends to transfer its 65,496,500 shares of Sors Technology to Chao Yi Group Co., Ltd. for a total price of USD 200 million. This transaction is subject to approval by the shareholders' meeting. Sors Technology's main products include optical chips, optical components, and optical modules, which are widely used in data centers and telecommunications scenarios. As of December 31, 2024, Sors Technology's total assets amount to 3.168 billion yuan, with equity attributable to the parent company of 1 billion yuan, operating income of 2.932 billion yuan, and net profit of 405 million yuan

