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Edge-Cutting Electronics Hits Daily Limits for Two Straight Days: Planning Capital Boost to Secure Controlling Interest in Indium Phosphide Firm, Leading Microelectronics
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Author：小编
On July 1, Cailian Press disclosed that Edge-Cutting Electronics (600641.SH) had issued a statement regarding its stock, which had experienced a cumulative deviation exceeding 20% in closing price over two consecutive trading sessions (June 30 and July 1), signaling unusual stock price fluctuations. The company intends to acquire a controlling stake in Leading Microelectronics via a capital increase, with the objectives of refining its product lineup, broadening its business reach, and boosting overall profitability. Leading Microelectronics boasts state-of-the-art production facilities for 2-8 inch gallium arsenide and 2-6 inch indium phosphide wafers.
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