Su Dawei Ge announced that the company plans to acquire up to 51% equity in Changzhou Weipu Semiconductor Equipment Co., Ltd. through cash payment, with the intention of achieving control over the target company. The overall valuation of 100% equity of the target company is tentatively set at no more than RMB 1 billion (inclusive), and the transaction amount is expected not to exceed RMB 510 million. The company will promptly fulfill necessary decision-making procedures and information disclosure obligations based on the subsequent progress of the cooperation matters.
