OfI: assets related to Apple continue to seek transfer

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On June 9, in a reply letter to the Shenzhen Stock Exchange, oufeiguang said that for other assets related to the business of overseas specific customers, the company continued to seek external transfer, internal comprehensive utilization and other measures to reduce actual losses.
The company said that in order to reduce the impact of the incident on the company’s operation, the measures it plans to take or has taken and their effects are as follows:
(1) For the assets related to the business of overseas specific customers, the company will confirm the impairment loss of assets in 2020 according to the evaluation and impairment test results, and the risk of relevant assets will be effectively released.
(2) Sale of assets related to the business of overseas specific customers: in the early stage, the company signed an agreement with Wentai technology to transfer the 100% equity of delta image and the operating assets of Jingrun optics related to the business of overseas specific customers to Wentai technology. As of the reply date of this inquiry letter, the equity purchase agreement and asset purchase agreement signed by both parties have been fulfilled, and the relevant funds have been fully recovered.
(3) For other assets related to the business of overseas specific customers, the company continues to seek external transfer, internal comprehensive utilization and other measures to reduce actual losses.
(4) Adhere to the company’s development strategy of focusing on the core business of optical imaging and vigorously developing the microelectronics business platform, improve the level of technology research and development, consolidate the core competitiveness, maintain and improve the business cooperation with other major customers, increase the business expansion of new technologies, new products and new customers, and expand the proportion of non mobile phone business.