Huayu Auto announced that its wholly-owned subsidiary Shanghai Huizhong plans to acquire 10.9569% of Lianchuang Electronics shares held by Green Fund through public delisting on the Shanghai Stock Exchange, with a reserve price of 320 million yuan. The board of directors of the company has reviewed and passed the relevant bill, and the transaction price has not yet been determined; if delisted successfully, Shanghai Huizhong's shareholding ratio will increase to 16.25%.

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