SHENZHEN INVEST's subsidiary intends to transfer 70% equity of Shenzhen Jinghua Display Electronics
Shenzhen Invest's wholly-owned subsidiary, Shenye Pengji, has signed a letter of intent with Shahe Industrial to transfer 70% equity of Shenzhen Jinghua Display Electronics for cash. The target company focuses on the research, development, production, and sales of liquid crystal displays and related products. The letter of intent is valid for six months and is non-binding
According to the Zhitong Finance APP, Shenzhen Invest (00604) announced that on October 30, 2025, its wholly-owned subsidiary ShenYe PengJi (Group) Co., Ltd. (ShenYe PengJi) and Shahe Industrial Co., Ltd. (Shahe Industrial) signed a letter of intent for the cash transfer of 70% equity in Shenzhen Jinghua Display Electronics Co., Ltd. (target company) held by ShenYe PengJi to Shahe Industrial.
The target company is a display solution provider primarily engaged in the research, development, production, and sales of liquid crystal displays, liquid crystal display modules, smart display controllers, and other display device products.
The validity period of the letter of intent is six months from the date of the letter of intent. The letter of intent is not intended to create any binding contracts or financial commitments for either party
