Gelonghui On May 23, Xinguang Optoelectronics (688011. SH) announced that, according to the needs of the company's development strategy, in order to make full use of the comprehensive resource advantages of the subsidiary Zhongjiu Xinguang shareholders Zhongjiu Optics Valley, further support the better and faster development of Zhongjiu Xinguang, promote the continuous progress, development and practical application of laser technology, and create better investment returns for all shareholders, The company plans to transfer 12.5% equity of its holding subsidiary, Zhongjiu Xinguang, to Zhongjiu Optical Valley at a transaction price of 1605437.50 yuan, and the proceeds will be used for the company's daily production and operation activities.