Lianovation(SH:600363) Shang Hai Zheng Quan Bao·2025-09-09 21:27Core Viewpoint - Jiangxi Lianchuang Optoelectronics Technology Co., Ltd. has approved the application of its subsidiary, Xiamen Hualian Electronics Co., Ltd., to terminate its listing on the National Equities Exchange and Quotations (NEEQ), which aligns with the company's future development plans and is not expected to significantly impact the company's operations or financial status [2][9]. Meeting Details - The 21st temporary meeting of the 8th Supervisory Board was held on September 9, 2025, with all 5 supervisors present, and the meeting was chaired by Mr. Gu Hongwu [2][4]. - The meeting was convened in accordance with the Company Law and the company's articles of association [2]. Resolutions Passed - The Supervisory Board unanimously approved the proposal for Xiamen Hualian Electronics to apply for termination of its listing on the NEEQ, emphasizing that this decision is in line with the company's and Hualian Electronics' future development strategies [2][9]. - The board believes that the termination will allow Hualian Electronics to focus on business expansion and enhance its core competitiveness [8][9]. Shareholder Protection Measures - To protect the rights of dissenting shareholders, Hualian Electronics will implement measures to repurchase shares from dissenting shareholders at a price based on the initial cost of the shares and the latest audited net asset value per share [8][14]. - The repurchased shares may be used for purposes such as capital reduction in compliance with legal regulations [8][14]. Approval and Disclosure - The proposal has been approved by both the Supervisory Board and the Board of Directors, with unanimous votes in favor [4][15]. - Further details regarding the termination application will be disclosed on the Shanghai Stock Exchange website [3][14].