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Landun Optoelectronics: Calls Off Partial Equity Acquisition in Xingsi Semiconductor
2025-12-11 /
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Author：小编
On December 11, Landun Optoelectronics issued a statement revealing that, following discussions with Lanxin Partnership (a firm under its control) and Zhuhai Luoheng, it has opted to cancel the deal to acquire a portion of Xingsi Semiconductor's equity. The original plan was to complete the purchase with RMB 80 million in cash, and a termination agreement has now been inked. The board of directors has given its green light to this decision, with the termination agreement coming into force on December 10. Given that the transaction was never actually finalized and Lanxin Partnership didn't proceed with the payment, the cancellation of this deal won't cast a shadow over the company's financial standing or day-to-day operations.
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