Xinxing Optoelectronics undergoes equity changes, Xinxunda becomes controlling shareholder.

Zhejiang Xinxing Optoelectronic Semiconductor Co., Ltd. recently underwent a change in its equity structure. Its controlling shareholder, Guangdong Xincheng Optoelectronic Semiconductor Co., Ltd., transferred its 51% stake in Xinxing Optoelectronic to Guangxi Xunxunda Technology Group Co., Ltd. (abbreviated as Xunxunda, stock code: 300518), and the relevant industrial and commercial registration procedures have been completed. (Securities Times)
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