Xinhao Optoelectronics announced that the company has signed an "Equity Transfer Intention Agreement" with Luxshare Precision, intending to transfer 100% equity of its wholly-owned subsidiary Xinguang Energy Technology (Anhui) Co., Ltd. This transaction constitutes a related transaction and is not expected to constitute a major asset reorganization. The final price of the transferred equity must be determined through negotiation after completing due diligence, audit and evaluation procedures. If this transaction is successfully completed, it is expected to have a positive impact on the company.