Kangda New Materials has unveiled its strategy to acquire a controlling 51% stake in Chengdu Zhongke Huawei Microelectronics Co., Ltd. for a total investment of 275 million yuan, sourced from both internal funds and self-raised capital. Upon the successful conclusion of this transaction, Zhongke Huawei will transition into a consolidated subsidiary of Kangda New Materials, thus becoming part of its financial reporting structure. Zhongke Huawei, a leading high-tech enterprise, specializes in the research, development, and services of high-reliability integrated circuits, primarily catering to clients in the specialized equipment sector with premium offerings. This acquisition marks a significant step for Kangda New Materials to broaden its footprint in the semiconductor integrated circuit industry and integrate high-caliber assets within the realm of specialized IC design and testing.