Huacan Optoelectronics Co., Ltd. (hereinafter referred to as the “Companyâ€) issued the “Notice of Suspension of Major Events†on April 19, 2016, and the company is planning a major restructuring. On April 25, 2016, the Announcement on the Progress of Major Events was announced. In view of the fact that major events of the company have initially constituted a major asset restructuring, the board of directors of the company applied to the Exchange for a major asset restructuring suspension. On April 29, 2016, the Announcement on the Progress of Major Asset Restructuring was issued. On May 12, 2016, the company issued the Announcement on the Renewal of Major Assets Reorganization. The company originally expected to resume trading on May 18, 2016. To ensure the truthfulness, accuracy and completeness of the information disclosed in this major asset restructuring, the smooth operation of this major asset restructuring will be guaranteed to prevent the company's stock price from fluctuating and protecting the legality of investors. Equity, the company's stock will continue to be suspended from the market on the morning of May 18, 2016. The company promises to seek to disclose the major asset restructuring plan or report that meets the requirements of the “Information Disclosure Content and Format Guidelines for Companies That Offer Securities to the Public No. 26 – Application Documents for Major Asset Restructuring of Listed Companies†before June 17, 2016. The board of directors of the company reviewed and approved and announced the major asset restructuring plan or report and resumed trading. If the major asset restructuring plan or report fails to be disclosed within the time limit, the company will determine whether to apply for an extension of the resumption of trading to the exchange according to the progress of the reorganization. If the company fails to submit an application for deferred resumption or the application for deferred resumption is not approved, the company's shares will resume trading on June 18, 2016, and no major asset restructuring will be planned within six months from the date of resumption of the company's shares. As of the disclosure date of this announcement, the company and related parties are actively promoting various tasks and continue to demonstrate and negotiate on restructuring matters. The board of directors of the company will hold a meeting after the completion of relevant work to review the relevant proposals for this major asset restructuring. In order to avoid the abnormal fluctuation of the company's stock price and effectively protect the interests of investors, the company's stock will continue to be suspended, and the company will announce the progress of major asset restructuring matters every week. There is still uncertainty in this matter, and investors are advised to pay attention to investment risks. Diamond Tool Equipment Spare Parts Diamond Tool Equipment Spare Parts,Large Saw Blade Sharpening Machine,Large Diamond Saw Blade Sharpening,Bellows Cover For Testing Machine Suzhou Mountain Industrial Control Equipment Co., Ltd , https://www.szmountain.com