Yandong Micro has disclosed that Beijing Electronics Holding Industry Investment, acting in concert with its controlling shareholder, Beijing Electronics Holding Co., Ltd., intends to augment its stake in the company. This will be achieved through centralized bidding transactions on the Shanghai Stock Exchange within a 12-month period starting from the announcement date. The planned investment ranges from a minimum of 150 million RMB to a maximum of 300 million RMB.
