Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards
Square
Latest
Hot
News
Profile

Tongye Technology: Terminate the purchase of 91.69% equity of Beijing Silingke Semiconductor Technology Co., Ltd.

K-LinePoet
robot
Abstract generation in progress
Tongye Technology Announcement, the company previously planned to acquire 91.69% of Beijing Silingke Semiconductor Technology Co., Ltd. in cash, constituting a major asset restructuring. Due to the prolonged transaction process, the target company is affected by seasonal industry factors, and the transition period is expected to generate losses and the compensation amount exceeds the core team’s expectations. The feasibility of this transaction has decreased. After careful research and negotiations with relevant parties, the company held a board meeting on May 29, 2026, to approve the termination of this major asset restructuring and signed the relevant termination agreement. The company commits that from the date of this announcement, it will not plan any major asset restructuring matters for at least one month. Meanwhile, the matter of the controlling shareholder and its concerted action parties proposing to transfer 6% of the company's shares to Gongqingcheng Siling Enterprise Management Investment Partnership and the related loan agreement matters are also simultaneously terminated.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments

  • Pinned

Sitemap