News summary

[ST Aikang: A wholly-owned subsidiary signed an equity cooperation agreement with Nankang Construction and Development] Securities Times e Company Newsplo8, ST Aikang (002610) announced on the evening of May 15 that in order to further optimize the debt structure of Ganzhou Aikang Optoelectronics, the company's wholly-owned subsidiary Suzhou Aikang Optoelectronics and its wholly-owned subsidiariesplo8...

Newsletter text

[ST Aikang: The wholly-owned subsidiary signed an equity cooperation agreement with Nankang Construction and Development] Securities Times e Company News, ST Aikang (002610) announced on the evening of May 15 that in order to further optimize the debt structure of the wholly-owned grandson company Ganzhou Aikang Optoelectronics, the company's wholly-owned subsidiary Suzhou Aikang Optoelectronics and its wholly-owned subsidiary Ganzhou Aikang Optoelectronics signed an equity cooperation agreement with Ganzhou City Nankang District Urban Construction and Development Group Co., Ltd. on May 14 (referred to as "Nankang Construction and Development") signed the "Equity Cooperation Agreement" and all parties established strategic cooperation relationships. All parties agreed that Nankang Construction Development or its designated entity plans to contribute no more than 350 million yuan to increase capital to Ganzhou Aikang Optoelectronics or transfer the equity of Ganzhou Aikang Optoelectronics. After the completion of this transaction, Nankang Construction Development will occupy Ganzhou Aikang Optoelectronics. The proportion of equity is not less than 51%.