Zhitong Finance App News, Liyang Chip (688135.SH) announced that the company signed an “Share Acquisition Agreement” with shareholders Zheng Hongzhang and Deng Ronghui of Shenzhen Zhongwangda Optoelectronics Co., Ltd. (hereinafter referred to as “Zowangda”, “Target Company”) to plan to acquire 51% of Zhongwangda's shares in cash. The transaction consideration for 51% of the target company's 51% shares is RMB 306 million. After the acquisition is completed, Zhongwangda will become the company's holding subsidiary.

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