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On December 9, CoreLink Integration disclosed that the company, along with its subsidiaries, plans to transfer testing business equipment to the joint venture Shanghai Xin Gang Lian Ce Semiconductor Co., Ltd. Additionally, they intend to grant licenses for associated patents and non-patent proprietary technologies. The agreed transaction price stands at 471.76 million RMB (VAT excluded), reflecting an appreciation of 288.1598 million RMB. Previously, CoreLink Pioneer, a subsidiary under CoreLink Integration's control, co-founded the joint venture Xin Gang Lian Ce with the Lingang New Area Fund. The joint venture boasts a registered capital of 400 million RMB, with CoreLink Pioneer holding a 50% stake. This asset sale is strategically aimed at facilitating the construction of the joint venture's project and paving the way for its autonomous business operations.
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