Hongli Optoelectronics: Latest Announcement on Progress of Major Asset Restructuring

Hongli Optoelectronics (300219) announced on November 26th that Hongli Optoelectronics issued the "Guangzhou Hongli Optoelectronics Co., Ltd. Announcement on Suspension of Major Events" on September 16, 2014 due to major issues. The company's stock since 2014 9 The trading was suspended on the 16th of the month. On October 13, 2014, the company held the 17th meeting of the second board of directors to deliberate and approve the “Proposal on Agreed to Plan the Major Asset Restructuring of the Company”. The company's shares will continue to be suspended from the market on October 14, 2014.

On November 13, 2014, the company issued the “Announcement on Deferred Resumption of Major Asset Restructuring”. As the relevant preparatory work for this major asset restructuring has not yet been completed, the company applied to the Shenzhen Stock Exchange for an extension of the stock suspension time. The company expects to resume trading and disclose the relevant announcements before December 12, 2014. On November 20, 2014, the company issued the “Announcement on the Progress of Major Asset Restructuring”.

At present, the company and all parties concerned are making every effort to promote various tasks, and intermediaries are still paying close attention to due diligence, auditing and evaluation of related assets involved in restructuring matters. The board of directors of the company will hold a meeting after the completion of relevant work to review the relevant proposals for this major asset restructuring. The company's stock will continue to be suspended, and the company will announce the progress of major asset restructuring matters every week.

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