Lianjian Optoelectronics: Announcement on Progress of Major Asset Restructuring

Shenzhen Lianjian Optoelectronics Co., Ltd. (hereinafter referred to as “the company”) issued the “Notice of Major Asset Restructuring Suspension” on July 16, 2014. The company is planning major asset restructuring matters. The company's shares will be opened on July 16, 2014. The city has been suspended. On July 19, 2014, the company held the 18th meeting of the third board of directors, reviewed and approved the “Proposal on the Company's Planning of Major Asset Restructuring”, and agreed to the company to plan major asset restructuring matters. At the same time, the company issued the “Progress Announcement on Major Asset Restructuring” on July 23 and July 30, 2014.

At present, the company and intermediaries are conducting due diligence and auditing and evaluation of the assets involved in the reorganization. The issues involved in the reorganization plan need to be further communicated and negotiated with the reorganization party and relevant parties. The board of directors of the company will convene after the relevant work is completed. The board of directors reviewed the relevant proposals of this major asset restructuring and announced the announcement. The company's stock continued to be suspended, and the company continued to issue a weekly announcement on the progress of major asset restructuring matters.

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