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Haige Communications has made an announcement stating that its wholly-owned subsidiary, Guangzhou Haige Tianteng Industrial Development Co., Ltd., is set to go through a pre-listing process for capital increase and share expansion via the Guangzhou Property Rights Exchange. The purpose is to bring in strategic investors. It's important to note that this pre-listing phase is solely for the initial release of information, with the goal of attracting potential interested parties. It does not, in any way, represent an actual transaction, and the specific counterparty for the transaction has not yet been identified. Once the transaction is finalized, Haige Communications will continue to hold the position of the controlling shareholder in Tianteng Industry. Moreover, this move will not lead to any alterations in the scope of the company's consolidated financial statements.
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