Dongguan Mentech Optical & Magnetic Transfers 20% Stake in Subsidiary

MT Newswires Live

2025/02/20

Dongguan Mentech Optical & Magnetic (SHE:002902) transferred a 20.4% stake in its subsidiary, Shenzhen Minpo Energy Ecological Technology, to Shenzhen Optech Oriental and Shenzhen Omin HeYi for 100 yuan, according to a Wednesday filing with the Shenzhen bourse.

The transaction, approved by the board, constitutes a related-party deal as company executives hold shares in Optech Oriental. Post transfer, Minpo Energy will no longer be included in Minpo Optical's consolidated financial statements.

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Post transfer, Minpo Energy will no longer be included in Minpo Optical's consolidated financial statements.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OCC","symbol_name":"Optical Cable Corporation","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2512413849","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512413849","pubTimestamp":1740039957,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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