Industrial Technology: Plans to acquire Qingdao Lian Phosphorus Indium Business with a total price of 55 million yuan

Xingye Technology announcement: the company and Qingdao Lianang Jingdian Semiconductor Technology Co., Ltd. jointly signed the “Framework Agreement on the Acquisition of Indium Phosphide Business,” under which the company plans to acquire the R&D, manufacturing, and sales business related to indium phosphide substrates and semiconductor electronic materials, including related assets, business teams, and intellectual property. The transaction consideration is 55 million yuan in cash, with an initial payment of 15 million yuan as a deposit. This acquisition does not constitute a related-party transaction or a major asset reorganization, and is not expected to have a material impact on the operating performance for the current period.
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