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Fanfan Co., Ltd.: Plans to Preliminary List and Transfer 60% Equity of Suzhou Jingying Optoelectronic Technology Co., Ltd.
Fengfan Co., Ltd. announced on March 24 that the company plans to pre-list for the transfer of a 60% stake in Suzhou Jingying Optoelectronics Technology Co., Ltd. The pre-listing is only for information disclosure and to find potential transferees, and does not constitute a transaction. The counterparty, price, and payment method are still undecided. The transfer of equity requires approval procedures and internal review processes.