Tsinghua Tongfang Co.,Ltd. (600100.SH) announced its intention to publicly list the transfer of 100% equity in Shanghai Cuineng Optoelectronic Technology Co., Ltd. ("Shanghai Cuineng"), held by its wholly-owned subsidiary Tsinghua Tongfang Science Park Co., Ltd., through a property rights exchange. As of the valuation benchmark date of May 31, 2025, Shanghai Cuineng's audited net asset value stood at -15.6456 million yuan, with an assessed value of 17.2043 million yuan, representing a 209.96% appreciation rate.
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