On October 11, the Shanghai Stock Exchange dispatched a regulatory letter to Dongbai Group, focusing on its asset acquisition deal. This matter involves not only the listed company itself but also its directors, senior executives, controlling shareholders, and the actual controller. On that very day, Dongbai Group made a public announcement, revealing that its wholly-owned subsidiary plans to purchase a 52.6667% equity stake in Hangzhou Kuailing Optoelectronics for RMB 316 million.
