SVG Optronics Co LtdSVG Optronics is listing its 100% stake in Huarisheng for 157 million yuan, disposing of an inefficient asset to optimize resources and cut management costs.

SVG Optronics announced on September 30 that it plans to publicly list for transfer, at the Suzhou Property Rights Exchange, the 100% equity stake in Changzhou Huarisheng Reflective Material Co., Ltd. held jointly by the company and its wholly-owned subsidiary SVG Optronics Yancheng Optoelectronic Technology Co., Ltd. The initial listing price for this transaction totals 157 million yuan, and will not be lower than the appraised value of the 100% equity stake in Huarisheng as determined by an asset appraisal institution. The company stated that transferring the 100% stake in Huarisheng represents an effective disposal of an inefficient asset that does not align with the company's current strategic direction, and will help optimize internal resource allocation, revitalize existing assets, and reduce management costs. In the first half of 2026, SVG Optronics achieved revenue of 1.035 billion yuan and net profit attributable to the parent company of 49.76 million yuan.
SVG Optronics Co LtdSVG Optronics is listing its 100% stake in Huarisheng for 157 million yuan, disposing of an inefficient asset to optimize resources and cut management costs.
SVG Optronics Yancheng is the wholly-owned subsidiary jointly holding the Huarisheng stake being listed for transfer, but it is not the decision-making subject.