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Revenues Not Telling The Story For Halo Microelectronics Co., Ltd. (SHSE:688173) After Shares Rise 29%
Resumption of trading tomorrow! Hope Micro plans to acquire 100% equity of Chengxin Micro, expanding its technical and product layout in areas such as power management chips.
① Xidi Micro announced that it plans to acquire 100% of Chengxin Micro's shares through the issuance of shares and cash payment, and its stocks will resume trading starting from November 18; ② The announcement indicates that this trade will help Xidi Micro broaden its technology and product layout, accelerate the expansion of product categories and downstream application fields, and enhance the listed company's operational capability and market competitiveness.
Xidig Micro (688173.SH): The stocks continue to be suspended from trading, with the expected suspension period not exceeding 5 trading days.
Gelonghui November 11th | Xiduo Micro (688173.SH) announced that as of the date of this announcement, the company and related parties are actively advancing the relevant work of this transaction. The company expects that trading will not resume on November 12, 2024 (Tuesday). Due to the uncertainty of this transaction and in order to safeguard the interests of investors, and avoid abnormal fluctuations in the company's stock price, in accordance with the relevant regulations of the Shanghai Stock Exchange, the company's stocks will continue to be suspended from trading starting on November 12, 2024 (Tuesday), with the expected suspension period not exceeding 5 trading days.
Xidigi Micro (688173.SH): Shenzhen Chenxin has not yet reduced its shareholding in the company.
As of November 5, Gelonghui reported that Xiduowei Micro (688173.SH) has not reduced its shareholding in the company through centralized trading or block trading as of November 4, 2024. Due to the company's plans to issue shares and pay cash to purchase assets, in accordance with the Shanghai Stock Exchange's self-regulatory guidelines for listed companies No. 15 - Shareholders, Directors, Supervisors, and Senior Management's Shareholding Reduction, it is required to disclose the progress of shareholder Shenzhen Chenxin's shareholding reduction. The shareholding reduction plan has not yet been completed.
Xidigi Microelectronics (688173.SH) plans to purchase 100% of Chengxin Micro's shares and will be suspended from trading on November 5th.
Xiduoduo Micro (688173.SH) issued an announcement that the company is planning to purchase Shenzhen... by issuing shares and paying cash.
Following Recent Decline, Halo Microelectronics Co., Ltd.'s (SHSE:688173) Top Shareholder CEO Hai Tao Sees Holdings Value Drop by 8.5%
Market Participants Recognise Halo Microelectronics Co., Ltd.'s (SHSE:688173) Revenues Pushing Shares 26% Higher
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