Suzhou Oriental Semiconductor Company LimitedSSE: 688261

(688261)"SUZHOU ORIENTAL SEMICONDUCTOR COMPANY LIMITED"Announcement on Progress in Acquisition of Certain Remaining Equity Interests in Controlled Subsidiary through Public Delisting and Asset Acquisition

· Issued by Suzhou Oriental Semiconductor Company Limited via Shanghai Stock Exchange

Filed with SSE · Stock code 688261 · · 3 pages · Chinese

Summary by 6ix AI

Suzhou Oriental Semiconductor Company Limited announced progress in acquiring remaining equity interests in its controlled subsidiary through public delisting and asset acquisition. The company will increase its ownership in Shenzhen Huinengtai Semiconductor Technology Co., Ltd. after the transaction is completed. This acquisition is expected to enhance control and operational efficiency without affecting the company's financial status negatively. The announcement also includes risk warnings regarding the uncertainty of the transaction's completion.

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

On 6ix: 6ix.com/news/688261suzhou-oriental-semiconductor-company-limitedannouncement-on-progress-in-acquisition-of-certain-remaining-equity-interests-in-controlled-subsidiary-through-public-delisting-and-asset-acquisition

Release

Announcement on Progress in Acquisition of Certain Remaining Equity Interests in Controlled Subsidiary through Public Delisting and Asset Acquisition

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

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