On the evening of June 8, Yingfang Micro made an announcement stating its intention to acquire a 100% stake in Shanghai Xiaokeli. This acquisition will be executed through a combination of share issuance and cash payment, with the total transaction price amounting to RMB 897 million. Concurrently, the company plans to raise matching funds from no more than 35 specific investors. This transaction qualifies as a significant asset restructuring and involves related-party dealings. However, it will not lead to a change in the company's control structure, nor does it constitute a restructuring listing. Shanghai Xiaokeli is primarily involved in the distribution of electronic components and the provision of technical services. Its distribution product line encompasses globally renowned brands such as Toshiba, Rohm, and Murata. Upon the completion of this transaction, Yingfang Micro's business scale within the electronic component distribution sector is expected to expand further, leading to an increase in its market share as well.
