Core Viewpoint - The company Feilo Acoustics (600651.SH) is focusing on its core business by divesting a 20% stake in its joint venture Shanghai Rijing Instrument Co., Ltd. to enhance asset liquidity and profitability [1] Group 1 - Feilo Acoustics' wholly-owned subsidiary, Shanghai Yidian Automotive Electronics System Co., Ltd., plans to transfer its 20% stake in Shanghai Rijing through a public listing on the Shanghai United Assets and Equity Exchange [1] - The initial listing price for the stake is set at 104 million yuan [1]