Controlling Shareholder to Change to Dingyun Industry, Huiyuan Communications to Resume Trading on November 19

Deep News2025-11-18

Sichuan Huiyuan Optical Communications Co.,Ltd. (000586) announced on the evening of November 18 that its controlling shareholder will change to Dingyun Industry, controlled by the company's chairman Li Hongxing, with the actual controller also changing to Li Hongxing. The company's stock will resume trading on November 19.

According to the announcement, Huiyuan Communications plans to issue A-shares to Dingyun Industry via a private placement, with the total number of shares not exceeding 53.65 million and the total fundraising amount capped at 610 million yuan. The net proceeds, after deducting issuance expenses, will be entirely used to supplement working capital.

On November 18, 2025, Huiyuan Communications and Dingyun Industry signed a conditional share subscription agreement for the private placement, under which Dingyun Industry will subscribe to the newly issued shares in cash.

This transaction will result in a change in the controlling shareholder and actual controller of Huiyuan Communications. Prior to the issuance, the company had no controlling shareholder or actual controller. Upon completion, Dingyun Industry will become the controlling shareholder, and Li Hongxing will assume the role of actual controller.

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