The board of Hangzhou Wanlong Optoelectronic Equipment Co., Ltd. confirms that the parties involved in the proposed transaction do not violate regulations prohibiting participation in major asset restructurings. The company plans to issue shares and pay cash to acquire 100% of Zhejiang Zhongkong Information Industry Co., Ltd. No investigations or penalties related to insider trading have been reported in the last 36 months.
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Hangzhou Wanlong Optoelectronic Equipment Co., Ltd. (hereinafter referred to as "the Company") intends to issue shares and pay cash to acquire 100% of Zhejiang Zhongkong Information Industry Co., Ltd. and raise supporting funds (hereinafter referred to as "this transaction").
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