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信濠光电:终止吸收合并全资子公司

Sino-Optronics: Termination of absorbing merger with wholly-owned subsidiary.

Breakings ·  Dec 6 20:33

Xinhai Optoelectronics announced that the company originally planned to absorb and merge its wholly-owned subsidiary Guangdong Xinhai to optimize the management structure, improve operation efficiency, and reduce costs while increasing effectiveness. However, due to changes in external conditions and adjustments in the company's global strategy, the company has decided to terminate the absorption and merger of Guangdong Xinhai, retaining its independent legal status.

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