PIOTECH (688072) has made an announcement stating its intention to acquire a controlling stake in Wuxi Shangji Semiconductor (881121) Technology Co., Ltd. This will be achieved through a combination of share issuance and cash payment, with plans also in place to raise supplementary funds (Note: The term "matching" was initially translated as "supporting" for contextual accuracy, but "supplementary" is used here for a more precise fit; the final term may vary based on specific context). At present, the transaction is still in the preliminary planning phase. The audit and evaluation processes have not yet been finalized, and consequently, the valuation and pricing of the target assets remain undetermined. Initial estimates suggest that this transaction will not qualify as a significant asset restructuring, a related-party transaction, or a restructuring aimed at listing. Trading of the company's stock will be suspended from June 29, 2026, with the anticipated suspension period not extending beyond 10 trading days.