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Announcement on Suspension for Planning to Issue Shares and Pay Cash for Asset Acquisition

Announcement on Suspension for Planning to Issue Shares and Pay Cash for Asset Acquisition

articleTelink Semiconductor (shanghai) Co., Ltd. Class AAugust 22, 20254/news/announcement-on-suspension-for-planning-to-issue-shares-and-pay-cash-for-asset-acquisition-2
Announcement on Suspension for Planning to Issue Shares and Pay Cash for Asset Acquisition

About this update from Telink Semiconductor (shanghai) Co., Ltd. Class A

Telink Semiconductor (Shanghai) Co., Ltd. is planning to acquire the equity in Shanghai PANCHIP Microelectronics Co., Ltd. by means of issuing shares and paying cash, and intends to raise supporting funds concurrently.According to the relevant regulations and upon the Company's application, the Company's stock will be suspended from the opening of the market on August 25, 2025, and the suspension is expected to last no more than 10 trading days.The abstract is for reference only. Please refer to the full text of the announcement on the very day.Link of Full Text for Reference: View Attachment

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