Shijia Photonics: The Acquisition of Equity in Fukuxima is Still Progressing in an Orderly Manner
2025-11-29 / Read about 0 minute
Author:小编   

On November 29, Shijia Photonics issued an announcement disclosing the latest progress of the company's acquisition of equity in Dongguan Fukuxima Communication Technology Co., Ltd.: As of the announcement date, Shijia Photonics is actively communicating with all parties involved in the transaction regarding the transaction plan, and relevant due diligence, auditing, and evaluation work are progressing in an orderly manner. Previously, the company had suspended trading on June 30 to plan the acquisition and resumed trading on July 11. Currently, this transaction still requires the fulfillment of multiple approval procedures, including reconvening the board of directors and shareholders' meeting for deliberation, as well as review by the Shanghai Stock Exchange and approval for registration by the China Securities Regulatory Commission. There is uncertainty regarding whether the transaction will ultimately be approved and the timing of such approval.