Tongye Technology (300960.SZ) has declared its intention to acquire a 91.69% equity interest in Beijing Silingke Semiconductor Technology Co., Ltd., utilizing RMB 561 million in cash. Upon the completion of this transaction, Silingke is set to become a subsidiary under Tongye Technology's control. Additionally, within the forthcoming twelve-month period, the controlling shareholder, the actual controller, and associated parties of Tongye Technology are planning to transfer 6.00% of the listed company's shares to an entity that is under the control of Silingke's actual controller. This move is classified as a major asset restructuring.
