Changzhou Galaxy Century Microelectronics Co., Ltd.SSE: 688689

(688689)"Changzhou Galaxy Century Microelectronics Co., Ltd."Announcement on Resolutions of the 12th Meeting of the 4th Board of Directors

· Issued by Changzhou Galaxy Century Microelectronics Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688689 · · 24 pages · Chinese

Summary by 6ix AI

The board confirmed that the proposed share issuance complies with relevant laws and regulations, and the specific plan for the asset purchase was also approved. The meeting's resolutions included details on the share types, pricing, and the arrangement for performance commitments related to the acquired assets. The company plans to issue shares to specific investors to raise funds for technological innovation, with the total amount not exceeding the asset purchase price.

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

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