SWEVO Electronics (688325.SH) intends to acquire 60.01% equity of Wuxi Yourong Microelectronics Co., Ltd. for 202 million yuan.

Zhtng Cijng APP news, Si wi wi din (688325.SH) announced that the company plans to acquire a total of 60.01% equity of Wuxi Yourong Microelectronics Co., Ltd. in cash, with a transaction price of 202 million yuan. After the completion of the transaction, the target company will become a subsidiary of the company and be included in the company's consolidated financial statements. At the same time, the company's board of directors has authorized the general manager to make decisions on further cash acquisitions of a total of 5.72% equity held by 6 shareholders of Wuxi Gaotou Yida Dingqi Rencai Chuangye Investment Partnership Enterprise (Limited Partnership) and other target companies. The company shall ensure that the price for the transfer of a total of 65.73% equity of the target company through this transaction and subsequent transactions does not exceed the valuation of 100% equity of the target company in this transaction.