Gelonghui, December 12 | Remote Shares (002692.SZ) announced that, based on the performance of the company's wholly-owned subsidiary, Wuxi Sunan Cable Co., Ltd. (hereinafter referred to as “Sunan Cable”) in previous years, combined with factors such as the overlap between its product categories and the company's product categories, the management rights of Sunan Cable were contracted to a team with professional management capabilities in the field of wire and cable (hereinafter referred to as the “contractor” or “contractor”) through public listing and transfer “Third party”), the contract operation period is 3 years.
In view of the fact that the aforementioned contract period is about to expire, and in line with the actual situation of contract management, the company plans to contract the operating rights of Sunan Cable for the next 1 year to a team with professional management capabilities in the wire and cable field through public listing and transfer on the Wuxi Property Exchange. This contract business matter needs to be submitted to the board of directors of the company for consideration, and the contractor's determination is based on the results of the public listing transfer.