Kangxin New Materials: Plans to Acquire 51% Stake in Yubang Semiconductor for RMB 392 Million in Cash
2 week ago / Read about 0 minute
Author:小编   

On January 20, Kangxin New Materials announced its plan to acquire a 51% stake in Yubang Semiconductor for RMB 392 million in cash through equity transfer and capital increase. After the transaction, Yubang Semiconductor will become its controlled subsidiary and be included in the consolidated financial statements.

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