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NAURA (North Huachuang) announced plans to acquire a 9.49% stake in Xinyuan Micro for CNY 1.687 billion, and intends to further increase its holdings to gain control. Both companies are semiconductor equipment manufacturers.
Shanghai Shengjian Semiconductor Technology, a unit of Shengjian Environment Technology, has received an order worth CNY 100 million (USD 14 million) from Beijing Naura Microelectronics Equipment to supply gas scrubbers for wafer production lines.
NAURA Technology Group Co., Ltd. completed the acquisition of assets of Akrion Systems LLC for $15 million. The combined entity will operate as NAURA Akrion Inc.