shanghai bright power semiconductor co., ltd. resumed trading after the acquisition, and the two loss-making companies joined forces. Can they spark something?

Introduction: Two companies in the same industry announced new merger and acquisition dynamics involving 4 other companies. Last night (November 4), Xidige Micro announced that it is planning to purchase 100% of Chengxin Micro's stocks, with the company's stocks suspended from November 5. In addition, beijing quanshi world online network information, Hexin Instrument, and shanghai bright power semiconductor co., ltd. disclosed restructuring plans: beijing quanshi world online network information intends to acquire 100% equity of Shanghai Jia Tou Internet Technology Group Co., Ltd.; Hexin Instrument intends to acquire controlling rights of Shanghai Liangxi Technology Co., Ltd.; shanghai bright power semiconductor co., ltd. intends to acquire 100% ownership of Sichuan Yichong Technology Co., Ltd. After resuming trading, several companies all hit the limit up, driving the market.

Gelonghui FinanceNov 5 05:29 ET

Express News | Bright Power Semiconductor Says Trading in Shares to Resume on Nov 5

ReutersNov 4 07:11 ET

shanghai bright power semiconductor co., ltd. (688368.SH): intends to acquire 100% equity of sme-chinext tech 100 index and resume trading from November 5th.

On November 4th, Bright Power Semiconductor Co., Ltd. (688368.SH) announced that in this transaction, the listed company plans to purchase 100% equity of Easy Charging Technology held by a total of 50 trading partners including Guangzhou Weijunsi, Zhihe Juxin, Jinjulihe, Zhihe Jude, and Zhihe Jucheng through the issuance of shares, convertible corporate bonds, and payment of cash, and raise supporting funds. The final transaction price of the target assets will be based on the evaluation results of the evaluation report issued by an evaluation institution in compliance with the Securities Law, and will be determined through full negotiation between the two trading parties. Easy Charging Technology specializes in wireless charging chips, general charging chips,

Gelonghui FinanceNov 4 07:07 ET

Express News | Bright Power Semiconductor Says It Plans to Buy Wireless Charging Chip Firm via Share, Bond Issue, Cash

ReutersNov 4 07:05 ET

Shanghai Bright Power Semiconductor Co., Ltd.'s (SHSE:688368) Most Bullish Insider, CEO Liqiang Hu Must Be Pleased With the Recent 36% Gain

Simply Wall StOct 21 23:25 ET

Shanghai Jingfeng Mingyuan Semiconductor Co., Ltd. 2024 Third Quarter Report

SZSIOct 21 12:00 ET · Announcements