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Kaiweite announced that the cumulative deviation value of the closing price increase of the company's stock reached 30% for three consecutive trading days from August 4 to 6, which was an abnormal fluctuation. The company plans to issue shares and pay cash to purchase 100% of Jingyi Semiconductor's shares and raise supporting capital. It is expected to constitute a major asset restructuring and related transaction, and will not result in a change of actual controller. The deal is still subject to review and approval by the shareholders' meeting and regulatory approval. Whether and when it will be approved is uncertain. The company is currently operating normally. No important information should be disclosed, and investors are reminded to be aware of the risks.
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Kaiweite announced that the cumulative deviation value of the closing price increase of the company's stock reached 30% for three consecutive trading days from August 4 to 6, which was an abnormal fluctuation. The company plans to issue shares and pay cash to purchase 100% of Jingyi Semiconductor's shares and raise supporting capital. It is expected to constitute a major asset restructuring and related transaction, and will not result in a change of actual controller. The deal is still subject to review and approval by the shareholders' meeting and regulatory approval. Whether and when it will be approved is uncertain. The company is currently operating normally. No important information should be disclosed, and investors are reminded to be aware of the risks.
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