Yandong Micro Announces Plan to Transfer 6.27% Stake in Xinxiang Microelectronics to Controlling Shareholder
2025-03-18 / Read about 0 minute
Author:小编   

On March 18th, Yandong Micro officially announced its intention to transfer a 6.27% stake in Shanghai Xinxiang Microelectronics to its controlling shareholder, Beijing Electronics Holding, for a consideration of 600 million yuan. Notably, while this transaction is considered a related-party deal, it does not qualify as a significant asset restructuring.