Jingce Electronics announced on November 13 that it plans to acquire a 41.17% equity stake in Shanghai Jingce Semiconductor Technology Co., Ltd. through a combination of share issuance, convertible corporate bonds, and cash payments, while also raising supporting funds. This transaction is expected to constitute a major asset restructuring and a related-party transaction. It will not result in a change of the company's controlling shareholder or actual controller, nor will it constitute a restructuring listing. As of the announcement date, audit, evaluation, legal due diligence, and other related work have not yet been completed but are progressing in an orderly manner. No matters have been identified that could lead to the cancellation, suspension, or material alteration of the transaction. The transaction still requires review by the board of directors and the shareholders' meeting, as well as approval from regulatory authorities, and the approval outcomes remain subject to uncertainty.
