Sichuan Huiyuan Optical Communications Withdraws Private Placement, Control Transfer, and MBO Plans

Stock News06-01

Sichuan Huiyuan Optical Communications Co., Ltd. (000586.SZ) announced that, following the disclosure of its plan for a private placement in 2025, the company has actively advanced the related application and issuance procedures. After comprehensive consideration of various factors, including the current macroeconomic environment, changes in the capital market, and the company's actual situation, and following thorough communication and prudent analysis with relevant parties, the company has decided to terminate the private placement, the change of control, and the management buyout (MBO) matters. It will apply to the Shenzhen Stock Exchange to withdraw the relevant application documents and has signed the corresponding termination agreements.

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