Huarong Holdings: plans to buy 100% equity shares of Development Optoelectronics by issuing shares and paying cash.

[Huarong Holdings: planning to buy 100% equity shares of Development Optoelectronics by issuing shares and paying cash] Xinhua News Agency, Huarong Holdings announced that it is planning to purchase a 100% stake in Nanjing Development Optoelectronics Technology Co., Ltd. by issuing shares and paying cash. Upon application by the company, the company's shares will be suspended from trading on Monday, June 5, and trading is expected to be suspended for no more than 10 trading days.