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Saiweiwei Electric: Plans to acquire a 60.01% equity stake in Wuxi Yourong Microelectronics by cash; the transaction is valued at 2.02 billion yuan.

2026-06-27 18:51:09

Abstract generation in progress

Jinse Finance reported that on June 26, Saiweiwei Electric announced that it plans to acquire a total of 60.01% equity of Wuxi Yourong Microelectronics in cash, with the transaction price being RMB 202 million. After the transaction is completed, Wuxi Yourong Microelectronics will become a controlled subsidiary of Saiweiwei Electric and will be included in the consolidated financial statements. In addition, the company's board of directors authorized the general manager to decide on the further acquisition of a total of 5.72% equity held by six shareholders including Wuxi Gaotou Yida Dingqi Talent Entrepreneurship Investment Partnership (Limited Partnership). Through this transaction and subsequent transactions, a total of 65.73% equity of the target company will be acquired. The transfer price corresponding to 100% equity of the target company shall not exceed the valuation of 100% equity of the target company in this transaction. This transaction aims to expand Saiweiwei Electric's product line and strengthen its talent team.

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