FanFan Co., Ltd.: Plans to List and Transfer 60% Equity of Jingying Optoelectronics

People’s Financial News, March 24 — Fengfan Co., Ltd. (601700) announced on March 24 that the company is planning to transfer its 60% stake in Suzhou Jingying Optoelectronics Technology Co., Ltd. (referred to as “Jingying Optoelectronics”). According to regulations on state-owned asset management, this equity transfer will be pre-listed on the Jiangsu Province Property Rights Exchange.

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