On January 18, Telink Semiconductor unveiled its strategic move to fully acquire (100% equity) Shanghai Panchip Microelectronics Co., Ltd., utilizing a combination of share issuance and cash payments. Simultaneously, the company plans to raise supplementary funds (In the original text, "matching" is translated as "supporting," but it's kept as pinyin in the raw text. Based on context, a more precise term could be "ancillary funds" or similar. Here, "supplementary funds" is used for better flow and clarity). At present, the valuation and transaction price for the target company remain undetermined. It is anticipated that this deal will not qualify as a related-party transaction, a major asset restructuring, or a restructuring listing. Trading of the company's shares will be halted from the market's opening on August 25, 2025, with trading set to recommence on August 30. As of the announcement's release, due diligence, auditing, and valuation processes are in progress. The transaction is still subject to multiple review, approval, and registration procedures, and thus, carries inherent uncertainties.