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Huaqin Technology Pours Another 2.65 Billion Yuan into Nexchip, Boosting Stake to 11% to Forge Stronger Industrial Chain Synergy
2 hour ago /
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Author：小编
On April 28, Huaqin Technology made an announcement stating that its wholly-owned subsidiary, Hefei Qinhe, is set to acquire a 5% stake in Nexchip from Powerchip Innovation. This acquisition will be executed through a cash agreement, with the share price set at 26.41 yuan each, culminating in a total transaction value of roughly 2.651 billion yuan. Once the deal is finalized, Huaqin Technology, along with its subsidiaries, will jointly possess an 11% stake in Nexchip.
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