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On September 12, 2026, GRINM Semiconductor Materials Co., Ltd. unveiled its strategic plan to acquire the remaining 71.89% equity stake in Shandong GRINM AS and an additional 14.98% equity interest in Shandong GRINM Semiconductor. This will be executed through a combination of share issuance and cash payment, alongside the raising of matching funds (referred to hereafter as matching funds). Once the transaction is finalized, both entities will transition into wholly-owned subsidiaries under GRINM Semiconductor Materials Co., Ltd.'s umbrella. The company's board of directors has affirmed that this move aligns with the regulatory standards set forth by the STAR Market. Trading of the company's shares is scheduled to recommence on September 14.
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