Fangbang Co., Ltd.: Its Subsidiary Intends to Purchase a 1.07% Share in CAS Smart for 20 Million Yuan
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Author:小编   

Fangbang Co., Ltd. has made an announcement stating that its wholly-owned subsidiary, Suibang Electronics, has set its sights on acquiring a 1.07% stake in CAS Smart. This stake is currently held by Qingshi Jingsheng, and the acquisition is valued at 20 million yuan. CAS Smart stands out as a prominent player in the domestic panel-level packaging (PLP) industry. PLP, as a cutting-edge advanced packaging technology, boasts numerous benefits and is well-suited to address the diverse integration requirements of high-performance AI chips with substantial computing capabilities. Furthermore, Fangbang Co., Ltd. and CAS Smart share certain synergistic aspects in their respective business operations.