Search
On December 22, Su Daweige made an announcement stating that the company had achieved a significant milestone in its bid to acquire a 51% stake in Changzhou Weipu Semiconductor Equipment Co., Ltd. Earlier, the company convened board and extraordinary general meetings on November 6 and November 24, respectively, to deliberate on and endorse the acquisition plan. The aim was to finalize the acquisition using 510 million RMB in internally generated and externally raised funds. At present, the 1,598,947 shares of Su Daweige stock, which were acquired by the founding shareholders of Changzhou Weipu, have been fully pledged to a designated wholly-owned subsidiary of the company. Both parties are set to proceed with further steps, including the transfer of equity.
-
C114 Communication Network -
Communication Home
