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Lutong Technology: Aims to Secure 51% Stake in Damore Semiconductor for RMB 530 Million, Facilitating Strategic Transformation and Industry Advancement in Semiconductors
3 week ago /
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Author：小编
Lutong Technology has announced its intention to utilize an oversubscribed fund of RMB 450 million to acquire a 46.9167% stake in Damore Semiconductor, followed by an additional capital injection of RMB 80 million, amounting to a total investment of RMB 530 million. Upon successful completion of this transaction, Lutong Technology will hold a controlling 51% stake in Damore Semiconductor and include it within its consolidated financial statements. This strategic move positions Lutong Technology to acquire premium assets in semiconductor front-end metrology equipment, thereby enabling the company to achieve a pivotal strategic transformation and industrial upgrading within the semiconductor industry.
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