A · Important
[Xinwei Communications: Plans to acquire 55% equity of high-end MLCC company Yiyang Electronic Technology for RMB 1.1 billion] On August 27, Xinwei Communications (300136.SZ) announced that in order to further meet the rapidly growing demand for high-end MLCC products from global customers and accelerate its strategic layout in the high-end MLCC business field, the company's wholly-owned subsidiary Yiyang Xinwei plans to acquire 55% of the equity of Yiyang Electronic Technology for RMB 1.1 billion in cash. After the transaction is completed, it will hold 70% of its equity and be included in the scope of consolidated statements. This transaction constitutes a related transaction and does not constitute a major asset reorganization and needs to be submitted to the shareholders' meeting for review.
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