Announcement that the Company’s Board of Directors has canceled the loan funds of subsidiary KUNSHAN KUANGHE to the Company.

Announcement that the Company’s Board of Directors has canceled the loan funds of subsidiary KUNSHAN KUANGHE to the Company.
Material Information
2023-11-07
  1. Date of occurrence of the event:2023/11/07
  2. Company name: KUNSHAN KUANGHE ELECTRONIC TECHNOLOGY CO., LTD.
  3. Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiaries
  4. Reciprocal shareholding ratios:N/A
  5. Cause of occurrence: Cause of the financial planning adjustments,the Company’s Board of Directors has canceled the loan funds of KUNSHAN KUANGHE ELECTRONIC TECHNOLOGY CO., LTD. to Anli International Co., Ltd with amount of CNY 14.5 million.
  6. Countermeasures:None
  7. Any other matters that need to be specified(the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.):None