Anhui Tongfeng Electronics (600237.SH) has announced that, in order to meet the overall strategic development needs of the company, it plans to use its own...
According to the announcement from Anhui Tongfeng Electronics (600237.SH), to meet the overall needs of the company's Global Strategy development, it intends to use its own funds to acquire 25.00% of the equity of Tong Ai Electronics held by the Korean shareholder microworks Co., Ltd (formerly known as SK microworks Co., Ltd and Aisikai Future Materials Co., Ltd). Upon completion of the Trade, the company will Hold 100.00% equity in Tong Ai Electronics. Based on the results of the audit and evaluation, the equity transfer price has been set at 32.7 million yuan.
This Trade involves the company's acquisition of minority equity in its controlled subsidiary and does not involve personnel placement, land leasing, or debt restructuring. After the completion of this Trade, Tong Ai Electronics will become a wholly-owned subsidiary of the company, which will help strengthen strategic planning and resource utilization for Tong Ai Electronics, and improve decision-making efficiency for the subsidiary.
