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Shijia Photonics: Plans to Acquire Controlling Stake in Fukexima via Share Issuance and Cash, Shares Temporarily Suspended
1 week ago /
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Author：小编
Shijia Photonics has announced its intention to acquire a controlling stake in Dongguan Fukexima Communication Technology Co., Ltd. through a combination of share issuance and cash payment. Additionally, the company aims to raise funds to support this transaction. Fukexima's operations encompass the manufacturing of optical communication equipment and the research and development of mechanical equipment. Consequently, trading in Shijia Photonics shares will be temporarily suspended from June 30, with an anticipated suspension period not exceeding 10 trading days. It's worth noting that the transaction is currently at the planning stage, and the valuation of Fukexima has yet to be finalized.
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