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*ST Infineon announced that the company plans to sell 100% of Xinpu Internet Technology Co., Ltd.'s shares and 100% shares of Infineon Information Systems Technology Co., Ltd. to Sanya Jiaxunyuan Management Consulting Co., Ltd., with a transaction consideration of 1 yuan, to be paid in cash by Jiaxunyuan. Wuhan Jiaxunteng Technology Co., Ltd. successfully bid and designated Jiaxunyuan as the transferee; the official plan and related proposals for this transaction have been reviewed and approved by the company's board of directors, but they still need to complete due diligence and review of financial statements, reconvene the board of directors to review, obtain approval from Shenzhen Investment Control, and review and approval by the company's shareholders' meeting before they can be implemented.
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*ST Infineon announced that the company plans to sell 100% of Xinpu Internet Technology Co., Ltd.'s shares and 100% shares of Infineon Information Systems Technology Co., Ltd. to Sanya Jiaxunyuan Management Consulting Co., Ltd., with a transaction consideration of 1 yuan, to be paid in cash by Jiaxunyuan. Wuhan Jiaxunteng Technology Co., Ltd. successfully bid and designated Jiaxunyuan as the transferee; the official plan and related proposals for this transaction have been reviewed and approved by the company's board of directors, but they still need to complete due diligence and review of financial statements, reconvene the board of directors to review, obtain approval from Shenzhen Investment Control, and review and approval by the company's shareholders' meeting before they can be implemented.
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