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Jiangxi Lianchuang subsidiary to delist from NEEQ

September 9, 2025 at 10:59 AM UTCBy FilingReader AI

On September 9, 2025, Jiangxi Lianchuang Optoelectronic Science & Technology's board of directors unanimously approved the proposal for its controlled subsidiary, Xiamen Hualian Electronics Co., Ltd. (Hualian Electronics), to apply for the termination of its listing on the National Equities Exchange and Quotations (NEEQ) system. The decision was based on Hualian Electronics' current operating conditions and long-term strategic planning.

The board also approved Hualian Electronics' plan to formulate an equity protection measure for dissenting shareholders. This measure involves Hualian Electronics committing to repurchase shares held by dissenting shareholders who meet specific conditions within a defined period.

If Hualian Electronics repurchases shares due to the dissenting shareholder equity protection measure, the repurchased shares may be used for purposes such as cancellation and reduction of registered capital, in compliance with relevant laws and regulations. The resolution received 9 votes in favor, 0 against, and 0 abstentions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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