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According to Huaqin Technology's announcement, on July 24, 2026, Huaqin Communications, a wholly-owned subsidiary of the company, acquired 2.655,700 shares of Jinghong Integrated H shares through an on-market transaction, accounting for about 0.12% of its total issued share capital. The total cost was about HK$908.98 million, with an average price of about HK$34.23 per share. After the acquisition was completed, the Group held approximately 11.03% of the total issued share capital of Crystal Synthesis. The merger of this acquisition and previous acquisitions constitutes a discloseable transaction and is exempt from shareholder approval requirements. The acquisition shows the Group's confidence in the future of Crystal Integration and will not have a significant adverse impact on finance and operations.
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According to Huaqin Technology's announcement, on July 24, 2026, Huaqin Communications, a wholly-owned subsidiary of the company, acquired 2.655,700 shares of Jinghong Integrated H shares through an on-market transaction, accounting for about 0.12% of its total issued share capital. The total cost was about HK$908.98 million, with an average price of about HK$34.23 per share. After the acquisition was completed, the Group held approximately 11.03% of the total issued share capital of Crystal Synthesis. The merger of this acquisition and previous acquisitions constitutes a discloseable transaction and is exempt from shareholder approval requirements. The acquisition shows the Group's confidence in the future of Crystal Integration and will not have a significant adverse impact on finance and operations.
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