Zheng Quan Zhi Xing·2025-05-16 16:26Core Viewpoint - The transaction involving the transfer of 100% equity of several subsidiaries from Wentech Technology Co., Ltd. to Luxshare Precision Industry Co., Ltd. does not constitute a major asset restructuring as defined by the relevant regulations [1][2] Group 1: Transaction Details - Wentech Technology plans to sell its subsidiaries, including Kunming Wenshu Information Industry Co., Ltd. and Huangshi Zhitong Electronics Co., Ltd., among others, to Luxshare Precision [1] - The transaction will be conducted in cash and involves the transfer of business asset packages from several subsidiaries [1] Group 2: Regulatory Compliance - The independent financial advisor, Huatai United Securities, confirms that the transaction does not involve a change in control of the company within the last 36 months [1] - The transaction does not involve the issuance of shares, thus maintaining the existing shareholding structure and control of the company [1][2] - The controlling shareholder remains Wentech Technology Group Co., Ltd., with Zhang Xuezheng as the actual controller, ensuring no change in control post-transaction [1]