Tianling Micro: Intends to issue shares and cash to acquire 100% equity of Panqi Microelectronics.
Taier Micro announced that it plans to purchase 100% equity of Shanghai Panqi Microelectronics Co., Ltd. through the issuance of shares and payment of cash, and to raise matching funds. The transaction price is undecided, and it is expected not to constitute a related party transaction, a major asset restructuring, or a restructuring listing. The company's stock has been halted since August 25, 2025, and trading will resume on August 30. As of the disclosure date of the announcement, due diligence, audits, evaluations, and other work are in progress. Subsequent board meetings and shareholder meetings will be held for deliberation, and the transaction still needs to be reviewed by the exchange and registered with the CSRC, and there is uncertainty.
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