Yitong Intelligent Control (300131.SZ) announced that it plans to acquire 100% stake in Guanglong Integrated held by Guanglong Group and 80% stake in Aojian Microelectronics held by six shareholders through the issuance of shares and cash payment. Meanwhile, the company intends to issue shares to no more than 35 specific investors to raise supporting funds. After the transaction is completed, Guanglong Integrated will become a wholly-owned subsidiary of Yitong Intelligent Control, and Aojian Microelectronics will become its controlled subsidiary. The company's stock will resume trading on November 10, 2025.
