Suzhou TFC Optical Communication sets share transfer price at RMB 140.00

Suzhou TFC Optical Communication Co., Ltd. (SZSE:300394) has set the preliminary transfer price for its shareholder inquiry-based share transfer at RMB 140.00 per share. This pricing was determined following an inquiry process with institutional investors as of November 17, 2025. The transaction involves a non-public transfer, meaning it will not be conducted through concentrated bidding on the open market.

Recipients of the shares through this inquiry transfer will be subject to a six-month lock-up period, during which the shares cannot be transferred. The company also announced that following consultation between the transferor and the organizing broker, a supplemental subscription process has been initiated, with the deadline no later than November 28, 2025.

The company emphasized that the inquiry transfer will not result in a change of control and will not impact its governance structure or ongoing operations. The final outcome of the inquiry transfer remains subject to the ultimate processing results by China Securities Depository and Clearing Corporation Limited's Shenzhen Branch.