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Domestic LED manufacturer Huashang Optoelectronics Q2 turned negative and will face delisting.

2025-01-19 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

According to the Economic Daily, Huashang Optoelectronics, a manufacturer of LED, announced at noon today that the board of directors decided that the net value of the financial report for the second quarter was negative and was about to be delisted according to the business rules of China's Taiwan Stock Exchange.

Huashang Optoelectronics points out that long-term operating conditions have been in the doldrums, and directors and major shareholders have been supporting the company for a long time, but in recent years, affected by the epidemic, war, inflation, logistics and other chain effects, despite efforts, but in the absence of financial support, the ability to take orders continues to decline.

Huashang Optoelectronics said that in the first half of this year, its financial results were poor and its net value was negative, and it was about to face the demise of the stock exchange's business rules, in addition to providing continuous service to existing customers and developing new products to open up new customers and markets, so as to seek new opportunities for shareholders.

It is understood that Huashang Optoelectronics was founded in September 1998 and listed on the Stock Exchange in 2003, focusing on LED optoelectronic products, and the layout of sensor components, Mini LED / Micro LED, 5G optical communications and other new products.

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