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Fibocom Plans to Purchase a 37.16% Stake in Hangsheng Electronics for 1.428 Billion Yuan
1 day ago /
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Author：小编
On June 29, 2026, Fibocom released an acquisition announcement, revealing its plan to purchase a 37.16% stake in Hangsheng Electronics with 1.428 billion yuan in cash. Through a concerted action agreement, Fibocom will jointly control 51.40% of the shares, thereby making Hangsheng Electronics its majority-owned subsidiary. This transaction will not involve the issuance of any shares and must adhere to pertinent regulations. It is contingent upon the fulfillment of certain conditions and thus carries inherent uncertainties.
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