Primarius Technologies: Intends to Acquire Full Ownership of Actt Technology and a 45.64% Stake in Naneng Microelectronics
4 day ago / Read about 0 minute
Author:小编   

Primarius Technologies (688206.SH) has disclosed its intention to acquire 100% of the equity in Chengdu Actt Technology Co., Ltd., and a 45.64% equity stake in Naneng Microelectronics (Chengdu) Co., Ltd. The acquisition will be executed through a combination of share issuance and cash payment, with the total investment amounting to RMB 1.9 billion for Actt Technology and RMB 274 million for Naneng Microelectronics, respectively. Additionally, the company plans to raise matching funds (here, "matching funds" is a more commonly used term in financial contexts compared to the literal translation of "peizhao", which conveys the idea of funds raised to complement or match the acquisition costs). Upon the completion of this transaction, Primarius Technologies will continue to operate without a controlling shareholder or an actual controller, with KLProTech retaining its position as the largest shareholder.