Tianlong Optoelectronics (300029) announced on Thursday evening that the company's 2012 and 2013 annual losses for two consecutive years, according to regulations, if the company continues to lose money in 2014, there are three consecutive losses, the company's stock will be disclosed from the 2014 annual report After being suspended from listing.

If the company's 2014 annual audit report is finally determined to be a loss, the company's shares will be suspended from the date of the company's disclosure of the 2014 annual report, and the Shenzhen Stock Exchange will decide whether to suspend the company's stock listing within 15 trading days after the suspension.

According to the announcement, the company intends to transfer 46.37% equity of its subsidiary Jiangsu Zhonghao Semiconductor Equipment Co., Ltd., the transferee is the controlling shareholder Changzhou Noah Technology Co., Ltd., and the transfer price is 194 million yuan. The two parties have recently signed the "Equity Transfer Agreement". If the equity transfer is successful, it will have a greater impact on the company's performance.

Tianlong Optoelectronics said that the company's board of directors will continue to strengthen the sales of the main business with the management, actively turn over the inventory pressure; further dispose of idle assets and seek related support, and strive for annual losses.

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