On December 13, Gelonghui reported that Kangda New Materials (002669.SZ) announced its plan to optimize the company's asset structure and resource allocation, focus on key areas of business layout, and improve its financial condition. The company's wholly-owned subsidiary, New Materials Technology, intends to sign an Equity Transfer Agreement with Yulon Optoelectronics to sell 66.9996% of the shares held in Cai Jing Optoelectronics for a price of 405.88 million yuan. Currently, Cai Jing Optoelectronics is a controlling subsidiary of New Materials Technology. Upon completion of this Trade, New Materials Technology will no longer hold shares in Cai Jing Optoelectronics, and this Trade will involve changes in the scope of the company's consolidated financial statements.