Yitian Corporation (300812.SZ) plans to acquire 40% of the shares of Yitian Semiconductor, a minority shareholder.

Zhitong Finance APP News, Yitian Shares (300812.SZ) announced that, based on the company's overall strategic planning, in order to further integrate the company's internal resources, improve operational decision-making efficiency, and achieve the company's overall operational goals, the company plans to use its own funds to acquire Yitian Semiconductor 40% equity held by Yitian Semiconductor minority shareholder Huang Zhaofeng for 1 yuan, corresponding to a registered capital of 4 million yuan, and assume the obligation to pay the subscribed but not yet paid 3.6 million yuan of registered capital corresponding to the acquisition of equity. After this acquisition is completed, the company's shareholding in Yitian Semiconductor will increase from 60% to 100%, making Yitian Semiconductor a wholly-owned subsidiary of the company, which will not result in any changes to the company's consolidated financial statements.