Zhitong Finance App News, Societe Generale Technology (002674.SZ) issued an announcement. The company and its wholly-owned subsidiary Jiangsu Xingguang Semiconductor Co., Ltd. (hereinafter referred to as “Jiangsu Xingguang”) and Qingdao Leon Crystalline Semiconductor Technology Co., Ltd. (hereinafter referred to as “Qingdao Leon”) reached an agreement on the wholly-owned subsidiary Jiangsu Xingguang to acquire Qingdao Lion's indium phosphide business and assets with RMB 55 million in cash, and signed the “Indium Phosphide Business and Asset Acquisition Agreement” on July 23, 2026.

The total assets of the indium phosphide business and assets acquired this time were RMB 17.024,600, net assets of RMB 6.374 million, revenue of RMB 2.3438 million from January to May 2026, net profit of RMB 1.44,900, and on-hand orders of no more than RMB 2 million. The acquisition of indium phosphide business and assets is expected to have minimal impact on the company's current profit.

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