Tuo Jing Technology (688072.SH) plans to acquire controlling stake in Wuxi Shangji Semiconductor, stock to resume trading.

Wisdom Financial News APP News, Tuojing Technology (688072.SH) announced that the company plans to purchase 82.97% of the shares of Wuxi Shangji Semiconductor Technology Co., Ltd., 100% of the equity of Shanghai Taina Micro, and 100% of the equity of Wuxi Kuanxing through the issuance of shares and payment of cash, and will issue shares to no more than 35 specific investors to raise matching funds. After this transaction, the company will directly and indirectly hold 100% of the shares of Wuxi Shangji. The company's stock will resume trading on July 13, 2026.