Gooao Technology: Its Holding Subsidiary Intends to Divest a 23.16% Stake in Xincun Technology
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Author:小编   

Gooao Technology has made an announcement stating that its majority-owned subsidiary, Haoyuangu, is set to divest its 23.16% equity stake in Xincun Technology to Yiyuanhui. On March 18, both entities formalized their agreement by signing the 'Letter of Intent for Equity Transfer of Xincun Technology (Wuhan) Co., Ltd.'. The agreed-upon transaction price for the assets in question is stipulated to be no less than RMB 400 million. Xincun Technology operates across various domains, including integrated circuit design, the manufacturing of chips and related products, as well as the provision of technical services.