Cross-border M&A: Shahe Co., Ltd. Sets Sights on Acquiring 70% Stake in Jinghua Electronics for ¥274 Million

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Author：小编

On February 6th, Shahe Co., Ltd. unveiled a draft report concerning a significant asset acquisition and related-party transaction. The proposal outlines the company's intention to purchase, for ¥274 million in cash, a 70% stake in Jinghua Electronics—a stake currently held by Shum Yip Pengji. Once the deal is finalized, Jinghua Electronics will transition into a controlled subsidiary of Shahe Co., Ltd., and will be consolidated into the latter's financial statements. This strategic move will pave the way for Shahe Co., Ltd. to venture into the research and development, production, and sales domains of intelligent display controllers and liquid crystal display devices.

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