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Empyrean Technology: Plans to Acquire a 6.90% Stake in Xing Chip for RMB 149 Million
11 hour ago /
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Author：小编
Empyrean Technology made an announcement in a formal notice that the company intends to acquire 9,269,142 shares of Xing Chip, currently held by Shengshi Zhida, for a total of RMB 149 million. Following the completion of this transaction, Empyrean Technology will own a 6.90% stake in Xing Chip, thereby becoming one of its shareholding companies. This strategic investment is designed to complement the essential EDA tools used for placement and routing, as well as to facilitate the development of a comprehensive EDA tool system for digital circuit design.
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