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Another cross-industry merger! The department store acquires semiconductors.
Recently, there has been another cross-border merger and acquisition in the semiconductor sector. On November 27, Hunan Friendship & Apollo Commercial Co., Ltd. (002277.SZ) announced that it is planning to purchase 82.37% of Shenzhen Shangyangtong Technology Co., Ltd. (referred to as: Shangyangtong) from the 20 trading parties such as Jiang Rong and Jiang Feng by issuing shares and paying cash, and raising matching funds. The company's stocks will be suspended from trading on November 27, 2024. This transaction is expected to constitute a major asset restructuring as stipulated in the "Management Measures for Major Asset Restructuring of Listed Companies", and the company is expected to disclose the transaction plan within a period not exceeding 10 trading days.
Great reversal! Stocks with net profit fall hit the limit up!
Are technology stocks no longer attractive?
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Hunan Friendship & Apollo Commercial (002277.SZ) released its performance for the first three quarters, with a net income of 0.114 billion yuan, an increase of 31.15%.
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Does Hunan Friendship&Apollo CommercialLtd (SZSE:002277) Have A Healthy Balance Sheet?
