Jinghua Micro plans to acquire ZhiXin Micro for 200 million yuan

Jinghua Micro (688130.SH) announced plans to use its own funds of RMB 200 million to purchase 100% equity of Shenzhen Chipbond Microelectronics Co., Ltd. (ZhiXin Micro) from Shenzhen Chipbond Technology Co., Ltd. The acquisition aims to strengthen the company's MCU product line and smart home appliance control chip business.

“This transaction aims to strengthen the company's main business and business expansion by integrating technology, products, and market resources.”longbridge.com

• 1 source
• longbridge.comSDIC plans to acquire 100% equity of the SoC design company ZhiXin Micro to expand its MCU products | LongbridgeZhitongDec 20, 2024

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