Zhitong Finance App News, Kyushu Rail (688485.SH) announced that the company plans to use 69.9896 million yuan of own/self-funded capital to purchase Jiangsu General Semiconductor Co., Ltd. (“General Semiconductor”) with additional registered capital of 9.83 million yuan. After the capital increase is completed, the company is expected to hold approximately 6.4709% of General Semiconductor's shares.

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