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Huatian Technology Unveils Plan to Acquire Huayi Microelectronics
1 week ago /
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Author：小编
Huatian Technology has officially declared its intention to acquire Huayi Microelectronics, a subsidiary company of its major controlling shareholder. Consequently, trading of Huatian Technology's shares will be temporarily halted from September 25 onwards, with the company anticipating the unveiling of the acquisition plan within the next 10 trading days. It's worth noting that Huayi Microelectronics had previously attempted to go public via an Initial Public Offering (IPO) on the Science and Technology Innovation Board, but the process was ultimately terminated. This upcoming acquisition is anticipated to be classified as a related-party transaction and is not expected to be considered a backdoor listing.
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