Huarong Holdings: it intends to purchase 100% stake in Optoelectronics by issuing shares and paying cash.

[Huarong Holdings: plans to buy 100% stake in Development Optoelectronics by issuing shares and paying cash] Huarong Holdings announced that it intends to purchase 100% equity in Development Optoelectronics held by 10 counterparties in the transaction, namely, Nanjing Baize, Goodfeller, Nanjing honesty and Trust, Gao Shuang, Liu Mingzhong, Zhao Xia, GE Wenye, Wang Zhenggen, Zhang Hui, and Nanjing Hanhan.