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Business split, assets reorganization of Wuhan Cubic Optoelectronics Co., Ltd.

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According to the strategic development plan of Wuhan Cubic Optoelectronics Co., Ltd., in order to adjust the functional orientation of the Company, the Company transferred the business of gas component flow instrumentation and related assets and liabilities, personnel, R&D, production and sales into wholly-owned subsidiary Hubei Cubic-Ruiyi Instrument Co.,Ltd.


January 1, 2016, Wuhan Cubic Optoelectronics Co., Ltd. held a shareholders meeting to approve the motion of Wuhan Cubic Optoelectronics Co., Ltd. on the  spin-off.


Wuhan Cubic Optoelectronics Co., Ltd. business split into two categories:
Sensor business was classified as head office Wuhan Cubic Optoelectronics Co., Ltd.
Environmental monitoring system production and sales projects, industrial process analysis system production and sales projects, production and sales of analytical instruments project, instrumentation R&D Center project were classified as wholly-owned subsidiary of Hubei Cubic-Ruiyi Instrument Co.,Ltd.


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