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On June 24, X-Source Micro announced a significant shift in its shareholder structure. Zhongke Tiansheng, a shareholder with over 5% stake in the company, executed a share transfer agreement with Northern Microelectronics. Pursuant to this agreement, Zhongke Tiansheng divested its entire holding of 16,899,750 shares in X-Source Micro to Northern Microelectronics for a sum of 1.448 billion yuan. Additionally, Advanced Manufacturing, another major shareholder holding more than 5% of the shares, transferred its 19,064,915 shares to Northern Microelectronics.
As a result of these transactions, Northern Microelectronics now holds a total of 35,964,665 shares in X-Source Micro, representing 17.87% of the company's total share capital. This strategic acquisition positions Northern Microelectronics as the controlling shareholder of X-Source Micro.
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