On November 27, Dazu Laser announced that in order to optimize the company's industrial structure and rationally allocate resources, the company intends to sell the controlling rights of Shenzhen Dazu Site Technology Co., Ltd. (Hereinafter referred to as "Dazu Site"), a holding subsidiary, at a price not less than 1.6 billion yuan according to the overall price of 100% equity of the target company. Founded on August 26, 2017
, Dazu Site is mainly engaged in the R & D, production and sales of software and hardware products for industrial special motors and drive and control systems, such as optical scanning galvanometer motors, voice coil motors and micro-motors. Before the completion of this
transaction, Dazu Laser held 76.1563% of the shares. This is expected to achieve revenue of about 900 million yuan, after the completion of the transaction, the company no longer has control over Dazu Site, the specific proportion of the sale and the remaining shareholding ratio shall be subject to the actual implementation results. Shareholder structure
of Dazu Site