Planning for the semiconductor lighting business to divest

On June 30, Dongguan Qinshang Optoelectronics Co., Ltd. issued an announcement on the progress of suspension of major asset restructuring. The announcement shows that Dongguan Qinshang Optoelectronics Co., Ltd. (hereinafter referred to as the company) is planning to divest the semiconductor lighting business in May 2017. On the 25th, the "Announcement on the Continued Suspension of the Company's Stocks on Major Events" was announced (Announcement No.: 2 On June 30, Dongguan Qinshang Optoelectronics Co., Ltd. issued an announcement on the suspension of major asset restructuring and suspension, the announcement showed that Dongguan Qinshang Optoelectronics Co., Ltd. Co., Ltd. (hereinafter referred to as the company) issued a "Notice on the Continued Suspension of the Company's Stocks on Major Events" (Announcement No.: 2017-060) and "About Corporate Bonds" on May 25, 2017 due to the planned divestiture of the semiconductor lighting business. Major Events and Suspension Announcement (2017-061). The company's stocks and corporate bonds have been suspended since the market opened on May 25, 2017. On June 9, 2017, the company confirmed that the above-mentioned major issues were major asset restructuring matters, and Disclosed the "Notice on Planning for Suspension of Major Events" (Announcement No.: 2017-064), the company's stock will open on June 12, 2017 The city transferred to the major asset reorganization process and continued to suspend trading. On June 17, 2017, the company disclosed the “Notice on the Progress of Major Asset Restructuring Suspension” (Announcement No.: 2017-067). On June 24, 2017, Diligence Disclosure Announcement on the Plan for the Resumption of Resumption of Major Assets Reorganization (Announcement No.: 2017-068). After applying to the Shenzhen Stock Exchange, the company's stocks and corporate bonds will continue to be suspended from the opening on June 26, 2017. It is expected to continue to suspend trading. The time is no more than one month. As of the date of this announcement, Qinshang Optoelectronics and related intermediaries are actively promoting the preliminary work including the delineation of the specific scope of the divestiture assets and the preliminary communication with the relevant rights and obligations, the specific plan of this transaction, The trading method has not yet been finalized. In order to avoid abnormal fluctuations in stock prices and safeguard the interests of investors, the stock will continue to be suspended. During the suspension period, Diligence will strictly fulfill its information disclosure obligations in strict accordance with the relevant laws and regulations. The progress of the relevant matters is disclosed on the trading day.

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