Shenzhen Investment (00604) Subsidiary Plans to Transfer 70% Stake in Shenzhen Jinghua Display Electronics

Stock News

Oct 30

Shenzhen Investment (00604) announced on October 30, 2025, that its wholly-owned subsidiary, Shenye Pengji (Group) Co., Ltd. (Shenye Pengji), has signed a letter of intent with Shashi Industrial Co., Ltd. (Shashi Industrial) for the cash transfer of Shenye Pengji's 70% equity stake in Shenzhen Jinghua Display Electronics Co., Ltd. (the target company).

The target company is a display solutions provider primarily engaged in the research, development, production, and sales of liquid crystal displays (LCDs), LCD modules, smart display controllers, and other display devices.

The letter of intent is valid for six months from the signing date. It does not create any legally binding contractual or financial commitments for either party.

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