Zheng Quan Zhi Xing·2025-06-24 16:28Transaction Overview - The company has approved the transfer of 30% equity in its subsidiary, Xianyang Rainbow Optoelectronics Technology Co., Ltd., through public listing to optimize its business structure and enhance risk resistance [1][2] - BOE Technology Group Co., Ltd. has won the bidding for the 30% equity with a price of 484,863.69 million yuan [1][2] Financial Details - The total assets of BOE as of December 31, 2024, were 42,997,822.15 million yuan, with total liabilities of 22,543,204.98 million yuan, resulting in net assets of 20,454,617.17 million yuan [4] - For the first quarter of 2025, BOE reported total assets of 42,021,318.35 million yuan and net profit of 193,710.02 million yuan [4][3] Agreement Terms - The equity transfer agreement specifies that the transfer price is set at 484,863.69 million yuan, with payment structured in three phases [6][7] - The first payment is due within 5 working days after the agreement takes effect, followed by a second payment of 290,918.214 million yuan upon registration of the equity transfer [7] Impact on the Company - The transfer is expected to accelerate the integration and innovative development of the new display industry, aligning with the company's strategic needs in the glass substrate business [8] - Post-transfer, the company will retain a 69.79% stake in Xianyang Rainbow Optoelectronics, maintaining control and inclusion in consolidated financial statements [8]