China Chippacking Technology Co. Ltd.SSE: 688216

(688216)"China Chippacking Technology Co., Ltd."Announcement on Transfer of Certain Equity in Controlled Subsidiary, Waiver of Right of First Refusal by the Company, and Related Party Transactions

· Issued by China Chippacking Technology Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688216 · · 16 pages · Chinese

Summary by 6ix AI

China Chippacking Technology Co. Ltd. announced the transfer of equity in its controlled subsidiary, along with the waiver of the right of first refusal and related party transactions. The board approved the transaction without requiring shareholder approval, and it does not constitute a major asset restructuring. The purpose of the transaction is to incentivize the management team and promote the development of the subsidiary's business.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/688216china-chippacking-technology-co-ltdannouncement-on-transfer-of-certain-equity-in-controlled-subsidiary-waiver-of-right-of-first-refusal-by-the-company-and-related-party-transactions

Release

Announcement on Transfer of Certain Equity in Controlled Subsidiary, Waiver of Right of First Refusal by the Company, and Related Party Transactions

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

China Chippacking Technology Co. Ltd. on 6ix

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